Operational Risk Expert

3 days ago


London, Greater London, United Kingdom TP ICAP Full time

Role Overview

This pivotal role supports the Head of Governance & Controls in managing operational risk across the business and ensuring the effectiveness of the Group's Enterprise Risk Management Framework and Operational Risk Management Framework. The successful candidate will act as a key second line of defense, providing subject matter expertise (SME), oversight, and leadership in mitigating operational risks and safeguarding the company's strategic objectives.

Key Responsibilities

  • Maintain and enhance the Group's Enterprise and Operational Risk Management Frameworks, ensuring processes and documentation meet best practices.
  • Act as a second line of defense, managing core risk processes such as incident reporting, risk and control self-assessment (RCSA), new product risk assessments, and monitoring key risk indicators (KRIs).

Experience / Competences

  • Degree or professional qualification in business, accounting, finance, risk, compliance, or related fields, or equivalent experience.
  • Strong understanding of Operational Risk Management Frameworks and their application in business environments.
  • Solid knowledge of risk models and measures, with the ability to use them effectively for monitoring and decision-making.
  • Comprehensive understanding of the regulatory framework, including the regulations applicable to operational risk management within financial services.
  • Expertise in Information and Cyber Security, IT Risk Management, and IT Change Risk Management.
  • Demonstrated experience driving change initiatives or leading transformation efforts in an operational risk setting.
  • Familiarity with relevant products and the ability to assess and address operational risks associated with these offerings.


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