Job Title: Operational Risk Manager PURPOSE SUMMARY We are seeking an experienced and driven Operational Risk professional who will play a crucial role in assisting the Head of Risk in the oversight and management in all aspects of Operational Risk, ensuring the identification, assessment, and mitigation of risks across all business functions. The successful candidate will be responsible for continuously improving risk processes, owning risk registers, managing risk assessments, performing second line controls, and advising the business on decisions required for reducing Operational Risk. GENERAL DUTIES: Assist in identifying, measuring and monitoring potential risks throughout the business, liaising with key stakeholders Conduct business impact assessments to identify potential risks and support the business in implementing effective controls Perform quarterly second line controls, ensuring potential risks are well managed within the business and creating action plans to mitigate any new risks Own the annual Operational Risk Mapping process, utilising Basel risk categories to ensure risk is well managed across the entire business Test the adequacy and effectiveness of first line controls performed by the business, identify areas of improvements and corrective actions where necessary Conduct root cause analysis of operational events and develop strategies to mitigate future risks Promote the companies risk aware culture, serving as a subject matter expert on operational risk initiatives. Identifying, initiating, and fostering relationships with business stakeholders to promote a culture of continuous improvement Ad-hoc & recurring projects including segregation of duty analysis Work closely with Headquarters on new and emerging Risk management techniques and requirements Line management of the Risk graduate(s) KNOWLEDGE, EXPERIENCE AND QUALIFICATIONS A minimum of 5 years experience in enterprise and operational risk management, with experience in risk frameworks and processes Experience in financial services, with a strong understanding of the UK regulatory environment is desirable A graduate from a numerate discipline, ideally Business or Economics, at 2:1 level or higher Fluent in English