Operational Risk Management Specialist

3 weeks ago


Bristol, Bristol, United Kingdom Simmons & Simmons Full time

This newly created role offers an exciting opportunity for a candidate to contribute to managing the Firm's operational risk framework, advising risk owners, maintaining risk registers and assessment processes, conducting operational risk reviews, and overseeing the Risk Committee's management, including preparing reports for the Risk Committee, Executive, and Board.

Key Responsibilities:
  1. Oversee the operational risk management framework and conduct annual risk reviews.
  2. Develop and maintain risk management processes to ensure effective operational risk mitigation.
  3. Provide expert advice on operational risk management and related topics to ensure alignment with Firm objectives.
  4. Organize and manage quarterly risk committee meetings to ensure effective risk management.
  5. Conduct office risk reviews domestically and internationally to identify potential risks.
  6. Produce detailed reports for the risk committee and senior management to inform strategic decisions.
  7. Manage the firm's Business Continuity Plan and Incident Management Team details, including mass communication tools and BCP testing.
  8. Administer the RiskSmart risk management system to ensure efficient risk management processes.
  9. Maintain relationships with local, functional, and international contacts to ensure effective risk management.
Requirements:
  1. Experienced in operational risk management within international firms.
  2. Skilled in owning and testing international Business Continuity Plans.
  3. Solid understanding of operational risk, governance, and professional services operations, preferably in law firms.
  4. Capable of producing tailored reports and conducting research analysis.
  5. Strong communication skills and academic background.
  6. Law firm experience and commercial awareness would be advantageous.
  7. Works well in diverse, cross-functional teams and is flexible to work extra hours.


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