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Date Added: Tue 24/02/2026

Operational Risk Manager

London, UK
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Company: REED

Job Type: Permanent, FullTime

Salary: £70,000 per annum, Inc benefits

An international bank is seeking an Operational Risk Manager to strengthen its risk framework and support senior leadership across the business.

The Role

You will lead the implementation of the operational risk framework, ensuring risks are identified, assessed, monitored and escalated appropriately. Key activities include maintaining the Risk Register, delivering RCSAs, managing operational loss events, and driving the KRI programme

You will also oversee the New Product Approval process, support regulatory engagement with PRA/FCA, and lead the organisation’s Business Continuity Plan and recovery testing. 

Key Responsibilities

  • Maintain operational risk coverage across business units and locations.
  • Map business processes and update risk documentation. 
  • Deliver core ORM activity including RCSAs, incident tracking and risk reporting. 
  • Monitor KRIs and escalate issues where required.
  • Lead New Product Approval and provide training to raise ORM awareness.
  • Liaise with regulators on operational risk and support capital calculation preparation. 
  • Own and maintain the Business Continuity Plan and testing cycle. 

Skills & Experience

  • Strong analytical abilities with experience handling large datasets. 
  • Excellent written communication and report writing. 
  • Curious, problem-solving mindset with strong stakeholder engagement skills.
  • Experience in operational risk helpful but not essential. 

Why Apply?

  • Opportunity to shape and strengthen the operational risk framework within a growing, international financial institution.
  • High visibility role working closely with senior leadership, regulatory stakeholders, and cross-border teams.
  • Broad remit covering ORM, business continuity, capital requirements and regulatory engagement.
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