Senior Operational Risk Consultant

6 days ago

London, Greater London, United Kingdom M&T Bank Full time
Job Summary

This role is responsible for delivering second-line risk management services for the UK and EU, business, and support areas in line with area policies, industry standards, and management expectations. The Senior Operational Risk Consultant advises senior and executive leadership on operational risk of the supported businesses and functions in a collaborative manner with other risk partners, as applicable.

Main Responsibilities
  • Develop and produce complex and ad-hoc reports, spreadsheets, and project work related to various operational risk disciplines. Communicate with others throughout the Bank, including senior management, via phone, email, or in person to obtain information necessary for their and to resolve issues.
  • Independently evaluate the area's management of key processes for the effective and efficient mitigation of operational risk. Ensure underlying elements of the risk management framework accurately reflect the operational risk environment. Identify gaps or deficiencies and ensure remediation plans address the risk; escalate through senior management and governance committees as appropriate.
  • Prepare and support appropriately detailed reports and presentations for and to senior level audiences relating to and providing opinions on, the state of, and/or concerns with, the operational risk environment of the business function.
  • Work with the business to evaluate all new products or changes to existing products and services to ensure key risks are appropriately identified and mitigated, and residual risk is appropriately defined; coordinate applicable governance activities.
  • Serve as liaison with other second-line risk teams within the enterprise for periodic reviews or input and second-line risk services for any other identified or required local requirements.
  • Assess and work with the business to incorporate high-risk testing scenarios into first-line-of-defense testing, as appropriate. Review and assess the business testing output, making recommendations as applicable.
  • Participate in designated risk committees and other meetings, serving as a second-line-of-defense representative in discussions; ensure communication of relevant concerns or positions taken to appropriate management.
  • Work with senior management within Risk and the Bank, first-line risk, and other second-line risk partners, to develop and influence value-added process improvements, resolve risk issues, enhance reporting, and/or exchange information necessary to assess risk.
  • Draft, document, and/or review departmental procedures and other documentation to demonstrate the process, including developing and/or improving training materials to be leveraged by those within the department or Bank.
  • Interact with external peers and members of professional organizations to remain aware of changing or emerging risks and proactively bring key information to the team for inclusion and consideration in continuous monitoring and/or other oversight activities.
Scope of Responsibilities

The position oversees and/or executes one or more of the following activities that adheres to expectations of the operational risk management framework, as it evolves, and those of key stakeholders, up to and including the Board: identification, assessment, quantification, documentation, escalation, reporting, and communication of unmitigated risks within the business.

Requirements

To be successful in this role, you will need:

  • A Bachelor's degree and a minimum of 7 years' compliance, legal, audit, risk, and/or other relevant experience, or in lieu of a degree, a combined minimum of 11 years' higher education and/or work experience, including a minimum of 7 years' compliance, legal, audit, risk, and/or other relevant experience.
  • Proficiency with personal computers as well as pertinent spreadsheet and word processing software.
  • Strong analytical skills.
  • Working knowledge of applicable laws.
  • Strong verbal and written communications skills.

Estimated salary: £65,000 - £80,000 per annum.

  • Risk Management Consultant

    3 weeks ago

    London, Greater London, United Kingdom LexisNexis Risk Solutions Full time

    About the RoleThis position involves working closely with customers and account managers to maximize the value delivered by our email-based risk assessment solution. The results of this role will lead to immediate real-world impact in the form of lower customer friction, reduced fraud losses, and increased customer profitability.This is achieved through...

  • Senior Risk Management Consultant

    4 weeks ago

    London, Greater London, United Kingdom La Fosse Associates Full time

    This Senior Risk Management Consultant will be responsible for overseeing and mitigating risks across the organisation, ensuring governance controls are effectively implemented. You will provide strategic direction and engage with stakeholders at all levels to address complex challenges and drive risk management initiatives.Ensuring robust governance...

  • Senior Risk Consultant

    3 weeks ago

    London, Greater London, United Kingdom Aon Hewitt Full time

    Aon: Risk Settlement Senior ConsultantWe're seeking a skilled professional to join our Risk Settlement Group as a Senior Consultant.Aon is a leading global professional services firm that helps organizations make better decisions and achieve their goals.As a Risk Settlement Senior Consultant at Aon, you will be a key member of our team, working closely with...

  • Operational Resilience Risk Manager for Cyber and Technology

    2 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    We are recruiting for an Operational Resilience professional who has in-depth Cyber and Technology exposure.This role sits in the 2nd Line of Defence (LOD) and provides oversight, guidance, and challenge to the first line, ensuring business activities align with the bank's risk appetite.The successful candidate will play a crucial part in implementing and...

  • Operational Resilience Risk Specialist

    1 month ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Operational Resilience RoleParitas Recruitment - Risk is seeking an experienced Operational Resilience Risk Specialist to join our team. As a key member of our Cyber and Technology team, you will play a crucial role in implementing and overseeing the bank's Resilience Risk Framework and associated policies.Responsibilities:Conducting critical assessments to...

  • Operational Risk Compliance Specialist

    4 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Operational Risk Associate Role at Paritas Recruitment - RiskWe are seeking an experienced Operational Risk professional to support the Head of Operational Risk with the Risk Control Self-Assessment (RCSA) reassessment process.Key responsibilities include driving continuous improvement for designated areas, supporting and completing data analytics across...

  • Security Operations Manager

    6 days ago

    London, Greater London, United Kingdom Alma Risk Full time

    Role OverviewThe Operations Manager will oversee the delivery of security services in the UK and abroad, ensuring consistent service delivery.This role involves managing daily security operations, including domestic and international assignments.Main ResponsibilitiesDay-to-Day Operations: Manage daily security operations, ensuring teams are well-prepared for...

  • Senior Risk Management Consultant

    4 weeks ago

    London, Greater London, United Kingdom Crowe UK Full time

    About the Role:Crowe UK is seeking a Senior Risk Management Consultant to join our team. As a Senior Risk Management Consultant, you will play a key role in delivering high-quality consulting work to clients, typically with small to medium-sized project teams covering a range of topics such as risk management frameworks reviews and supporting our clients'...

  • Operational Risk Consultant

    7 days ago

    London, Greater London, United Kingdom Macquarie Full time

    Job DescriptionAs an Operational Risk Consultant at Macquarie Capital, you will be part of an independent and centralized function responsible for reviewing and challenging Macquarie's material risks. You will work closely with both the business and risk teams, driving a robust risk management culture.Key Skills and QualificationsExpertise in Operational...

  • Operational Risk Consultant

    3 weeks ago

    London, Greater London, United Kingdom Natixis Full time

    The Operational Risk Consultant will be responsible for supporting the Head of Operational Risk in the implementation of the Operational Risk framework in London and across the EMEA platform. Natixis is a leading financial institution that creates tailor-made solutions in Asset & Wealth management, Corporate and Investment banking, Insurance, and payments....

  • Senior Risk Consultant

    16 hours ago

    London, Greater London, United Kingdom Arcadis Human Resources Limited Full time

    At Arcadis, we're committed to delivering sustainable solutions for a more prosperous planet. As a Senior Risk Consultant, you'll play a key role in helping us achieve this goal by identifying and mitigating risks across various infrastructure projects.About the RoleThis is an exciting opportunity to join our Programme and Project Management team as a Risk...

  • Risk Management Consultant

    6 days ago

    London, Greater London, United Kingdom Northern Trust Corporation Full time

    About Northern Trust: Northern Trust is a globally recognized financial institution with a rich history spanning over 130 years. We pride ourselves on providing innovative financial services and guidance to the world's most successful individuals, families, and institutions. The role we are seeking to fill is for a Risk Management Consultant/Senior...

  • Operational Risk Professional

    6 days ago

    London, Greater London, United Kingdom Emagine Consulting Full time

    About Emagine ConsultingWe specialize in providing high-end consulting services and solutions to the financial services sector, empowering businesses to power progress and solve challenges.As a company, we prioritize building strong relationships and partnerships, creating a culture of openness and integrity that fosters a positive and equitable working...

  • Senior Risk Consultant

    6 days ago

    London, Greater London, United Kingdom Aon Corporation Full time

    At Aon, we are seeking an experienced Risk Settlement Senior Consultant to join our 70-strong Risk Settlement Group. As a key member of our team, you will play a crucial role in advising clients on their strategic 'Journey to Settlement', including preparation for approaching the settlement market and feasibility.The ideal candidate will have a strong track...

  • Strategic Business Development Leader for Risk Management

    2 weeks ago

    London, Greater London, United Kingdom Ark Workplace Risk Full time

    Company Overview: Ark Workplace Risk is a leading multi-disciplinary fire, health and safety consultancy that has experienced rapid growth due to its position as a thought leader in the industry.Salary: £50,000 - 55,000 per annum, with an uncapped OTE of up to £90,000.Job Description: As a Senior Business Development Manager, you will be responsible for...

  • Senior Risk and Compliance Consultant

    1 month ago

    London, Greater London, United Kingdom Wipro Technologies Full time

    Job Title: Senior Risk and Compliance ConsultantWe are seeking a seasoned Senior Risk and Compliance Consultant to join our team at Wipro Technologies. As a key member of our Banking, Financial Services and Insurance (BFSI) Domain Consulting team, you will play a critical role in helping our clients navigate the complex world of risk and compliance.Key...

  • Senior Fire Safety Specialist

    4 weeks ago

    London, Greater London, United Kingdom Ark Workplace Risk Full time

    Fire Safety Consultant Position at Ark Workplace RiskArk Workplace Risk, a leading provider of operational risk, compliance, and safety solutions, is seeking a highly skilled Fire Safety Consultant to join their team. As a Senior Fire Safety Specialist, you will play a crucial role in delivering the highest standards of fire safety solutions to our...

  • Senior Risk Management Consultant

    1 week ago

    London, Greater London, United Kingdom WTW Full time

    Job DescriptionThis is a challenging opportunity for an experienced Senior Risk Management Consultant to join our team at WTW. In this role, you will be responsible for developing and leading risk engineering strategies for insured clients across various industries.Key Responsibilities:Develop risk engineering programmes taking into consideration the needs...

  • Risk Engineering Consultant

    2 weeks ago

    London, Greater London, United Kingdom Lockton Companies Full time

    About Lockton CompaniesWe are a leading provider of risk management and insurance solutions. Our team is passionate about helping clients navigate complex risks and achieve their goals.Job DescriptionRisk Engineering Consultant Role Summary:This role will involve supporting and delivering Lockton's property risk consulting proposition, working closely with...

  • Risk Consultant

    4 weeks ago

    London, Greater London, United Kingdom Boston Consulting Group Full time

    Job OverviewWe are seeking a highly skilled Risk Consultant to join our team at Boston Consulting Group. As a Risk Consultant, you will play a critical role in identifying and managing significant risk exposures across our global offices.Your primary responsibility will be to lead risk reviews and spot checks, assessing the risk and controls environment of...