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Senior Operational Risk Manager

  • London
  • £80,000-£100,000
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Company Overview
Our client is a leading investment and asset management business operating globally as part of a larger financial group. The organisation is currently enhancing its operational risk capabilities as part of a broader initiative to strengthen its risk culture and frameworks. With executive sponsorship and a strong focus on building resilience, this is an excellent opportunity to join a business committed to continuous improvement and long-term success.

Role Overview
Reporting to the Director of Operational Risk will be responsible for supporting the implementation, monitoring, and improvement of the business’s operational risk framework. This includes coordinating incident management processes, conducting risk assessments, and supporting the oversight of key risk indicators and mitigation strategies.

The role offers high visibility across the business and involves regular interaction with senior stakeholders, providing a strong platform for professional growth within a dynamic risk function.

Key Responsibilities

  • Support incident management activities, including leading meetings, documenting outcomes, and tracking follow-up actions.
  • Conduct risk assessments on business operations and identify key controls to mitigate identified risks.
  • Assist in the development and refinement of risk indicators and ensure ongoing monitoring.
  • Contribute to the creation and enhancement of internal control procedures.
  • Support the preparation of clear and effective risk reports for governance forums and senior leadership.
  • Maintain the operational risk management system and ensure data accuracy.
  • Track the completion of actions resulting from audits, incidents, and risk reviews.
  • Provide input into business continuity planning and resilience activities.
  • Perform control effectiveness testing and contribute to assurance activities.
  • Work with change and project teams to provide risk oversight on new initiatives.

Experience & Skills Required

  • Minimum of 8 years’ experience in operational risk or a related field within investment management, banking, or financial services.
  • Solid understanding of operational risk management principles and the three lines of defence model.
  • Experience conducting risk assessments and managing risk events or incidents.
  • Ability to produce high-quality risk reporting and communicate effectively with stakeholders at all levels.
  • Strong attention to detail and organisational skills.
  • Proficiency in Microsoft Office; experience with risk systems or GRC tools is desirable.
  • Familiarity with business continuity and resilience risk topics is an advantage.

Why Apply?

  • Join a risk function at a pivotal point of its development, with strong leadership and clear direction.
  • Work with senior leaders across an international business and influence key decisions.
  • Be part of a team that values collaboration, integrity, and continuous learning.
  • Hybrid working model with flexibility to suit individual needs.
  • Competitive salary and benefits package offered.

To apply, or for a confidential discussion, please contact Molly Phillips; mtp@barclaysimpson.com

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We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.

Barclay Simpson acts as an Employment Agency for permanent positions and an Employment Business for temporary/contract engagements.

Molly Phillips – Non-Financial Risk

Principal Consultant

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