frelance
Banking/Financial Operational Risk Manager / Assistant Manager – Risk Management

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Operational Risk Manager / Assistant Manager – Risk Management
Location: London, United Kingdom
Work Mode: Hybrid (3 Days Office / 2 Days WFH after probation)
Industry: Banking / Financial Services
Experience: 5+ Years
Preference will be given to candidates who currently have the right to live and work in the United Kingdom.
We are looking for an experienced Operational Risk Manager to support Risk Management functions and work closely with the Chief Risk Officer (CRO) in managing enterprise-wide risk activities.
Key Responsibilities:
- Manage Board Risk Committee & Executive Risk Committee activities
- Prepare risk committee meeting packs and risk reports
- Maintain and enhance Risk Management Framework components
- Monitor & report Key Risk Indicators (KRIs)
- Organise and facilitate Risk Control Self-Assessment (RCSA) workshops
- Oversee Risk Control Monitoring Plan (RCMP) testing and progress reporting
- Manage operational risk events, root cause analysis, tracking & closure
- Monitor audit/review risk issues and validate remediation actions
- Oversee operational risks covering people, processes, systems and external events
- Focus on technology risk, operational resilience & information security risk
- Support CRO with key projects and departmental initiatives
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Required Experience & Skills:


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- Minimum 5+ years’ experience in Risk Management, Compliance, Audit, Legal or related functions
- Strong Operational Risk Management expertise within UK Financial Services
- Experience in Wholesale / Retail / Corporate Banking and/or Payments industry preferred
- Strong stakeholder management skills with confidence to challenge senior stakeholders
- Excellent analytical, reporting, communication & presentation skills
- Advanced MS Office skills with strong attention to detail
Qualifications:
- Bachelor’s Degree (minimum requirement)
- Relevant professional risk qualifications/memberships preferred
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