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Operational Manager

Quantum Group
Posted 10 hours ago, valid for 15 days
Location

London, Greater London SW1A2DX, England

Salary

£70,000 - £75,000 per annum

Contract type

Full Time

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Sonic Summary

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  • We are seeking an Operational Risk Manager for an international bank located in London, offering a permanent position that reports directly to the bank's CFO.
  • The role requires a minimum of 5 years of experience in operational risk management and offers a competitive salary of £80,000 to £100,000 annually.
  • Key responsibilities include reviewing Operational Risk Management Policies, providing second line review over risk assessments, and preparing regular reports for management and regulators.
  • The candidate should possess strong analytical and communication skills, along with a good understanding of Basel norms and existing risk management systems in the UK.
  • The ideal applicant will thrive in a rapidly changing environment, demonstrating high integrity and the ability to engage effectively with senior management.

We are inviting applications for Operational Risk Manager for an international Bank based in city London. This is a permament position reporting directly to bnak CFO.

Operational Risk responsibilities:

  • Own and review Operational Risk Management Policies (including outsourcing and third party risk management, business continuity) periodically ensuring compliance to regulatory requirements and group level policies
  • Provide second line review and challenge over risk and control self-assessment, Process notes, business continuity plans etc.
  • Prepare and present regular reporting's to management, board, regulators, group as required
  • Operational risk capital computation for ICAAP
  • Be abreast with regulatory changes, participate in industry seminars/webinars/trainings
  • Oversight and control over operational risk activities at Germany Branch
  • Liaise and work closely with parent bank

Information Security (IS) Risk responsibilities:

  • Review the Information Security Risk Management Framework periodically in compliance and coordination with group plan
  • Ensure oversight and adherence to Information Security Group Annual Plan
  • Own service level agreement with group with respect to information security
  • Prepare and present regular reporting's to management, board, regulators, group as required




Functional skills


High integrity, credibility and communication skills to operate confidently and effectively at senior levels both internally and externally


Strong analytical and presentation skills


Business acumen to appreciate and optimise risk return profile of diverse business products and processes. Ability to challenge and convince, independently and constructively, senior management, peers or other relevant staff, to conduct business within the desired risk return profile.


Good understanding of Basel norms on capital requirement for banks and financial institutions


Good comprehension and appreciation of existing and anticipated risk management systems in United Kingdome


Ability to make a real contribution in a rapidly changing environment. Should thrive on change and be a fast learner

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