Operational Risk Officer in City of London

Job description

Role Overview:

Supports the Head of Operational Risk in implementing the Operational Risk (OR) Framework, overseeing OR controls, and ensuring compliance with regulatory requirements.

Key Responsibilities:

• Oversight: Ensures OR controls mitigate risks, prepares risk reports, coordinates the Operational Risk Committee, conducts independent control testing, and reviews SOPs.

• Challenge: Assesses new/existing OR controls, identifies risks, reviews event reports, and challenges risk assessments.

• Coordination: Maintains OR and Fraud Policies, oversees the Bank’s Fraud Risk Management, and educates staff on OR matters.

• Risk & Regulatory Compliance: Stays updated on regulations, reports breaches, and ensures compliance.

• Training & Conduct: Completes mandatory training and adheres to FCA/PRA Code of Conduct.

Skills & Experience:

• Strong knowledge of OR Frameworks, banking structures, products, and risk management.

• Understanding of transaction processing, control frameworks, accounting, and regulatory developments

Extra information

Status

Open

Education Level

Secondary School

Location

City of London

Type of Contract

Part-time jobs

Published at

09-07-2025

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English