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Operational Risk Manager

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Operational Risk Manager
Operational Risk Manager – Operational Resilience, Data & Technology Risk Location: Milton Keynes Salary: £75,000 - £85,000 Permanent
We're looking for an experienced Operational Risk Manager to support the oversight and management of operational risk, with a particular focus on technology, cyber security, data governance, and operational resilience.
Key Responsibilities Partner with stakeholders across the business to provide risk oversight, challenge, and advice. Support the management of technology, cyber, data, and transformation risks. Contribute to the development and maintenance of operational risk frameworks, policies, and controls. Assist with risk assessments, assurance activities, and governance reporting. Produce high-quality risk reporting and insights for senior leadership. Ensure risk considerations are embedded in business decision-making. Monitor emerging risks, industry developments, and best practices.
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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.
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Requirements 3+ years' experience in Operational Risk, ideally covering technology, cyber security, data governance, or transformation risk. Strong understanding of operational resilience and risk management frameworks. Experience producing risk reports and presenting findings to senior stakeholders. Excellent stakeholder management and communication skills. Ability to translate technical concepts into clear business language. Strong analytical skills with a data-driven approach.


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Desirable Financial Services experience. Knowledge of UK data protection and governance requirements. Experience with GRC platforms. Familiarity with frameworks such as NIST, COBIT, or similar. Degree or relevant professional qualification.
This is an excellent opportunity to join a growing risk function and play a key role in strengthening operational resilience, technology risk, and data governance across the business.
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