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Operational Risk Manager

  • Location: Manchester
  • Salary: c.£60,000 + Bonus + Benefits per year
  • Job Type:Permanent

Posted 16 days ago

  • Sector: Risk Management
  • Contact: Paul Sherlock
  • Contact Email:
  • Contact Phone: 0161 883 2746
  • Expiry Date: 16 October 2023
  • Job Ref: PS/10833

Our client is a leading and highly regarded Retail Bank who are looking to recruit within the firms highly successful 2nd line Operational Risk team. In this role you will assess, report, and deliver operational risk and resilience oversight in consultation with management to challenge, formulate and agree effective solutions to any identified shortfalls. You will work with colleagues across the 2nd line of defense and with senior management to assess the organisation's risk profile; this includes providing an opinion on the risk maturity, performance against risk appetite measures and effectiveness of the control environment.

Key Accountabilities:

Support the Head of Operational Risk Oversight in the execution of their duties and appropriately represent them within the business in providing effective guidance, challenge, assurance and oversight.

Oversee and monitor adherence to the Non-Financial Risk Management Framework, including requirements within each of the supporting policies and standards, and provide early warning of adverse risk trends and emerging risks.

Build strong business partnerships to identify, mitigate and ensure operational risks are understood, appropriately remediated, governed, operationally and commercially balanced to enable strategic and regulatory outcomes.

Ensure Policies, Frameworks, Procedures, Standards remain fit for purpose and aligned to Risk Management Framework and Industry Standards. 

Ensure that first line management regularly reflect the risk profile in risk and control self-assessment (RCSA), in the risk register with appropriate actions set and tracked through to completion.

Responsible for developing, evolving, and generating accurate and timely risk MI & reporting and analytics to provide insights that support informed decision making by senior management.

Collect and collate data and metrics from the first line of defense and relevant risk registers, to undertake independent analysis; identifying insights, trends, emerging risks for meaningful risk reporting.

Ensure the risk register is maintained and aligns to the Group Risk Management Framework, Non-Financial Risk Management Framework, and associated policies.


Strong risk management and financial services experience (5 years+); with technical experience in operational risk and resilience

Project management capability, able to deliver in a pragmatic and focused manner.

Numerate, with a clear understanding of commercial drivers that underpin business performance.

Strategic thinking capability and experience

Location: North West with good hybrid working on offer