Operational Risk Officer. Job in Coventry LilyLifestyle Jobs

Operational Risk Officer (Senior Specialist)

Permanent role | Hybrid working | Full-time | £45,000- £50,000 bonus | Coventry

We’re working with a well-established financial services organisation looking to hire an Operational Risk Officer (Senior Specialist) to join their Risk Oversight function. This is a second line of defence role focused on strengthening operational risk frameworks, providing independent challenge to the business, and ensuring robust oversight of AML and Fraud risks.

Key responsibilities

• Provide independent oversight and challenge of operational risk across the business (2LoD)
• Participate in and review Risk & Control Self-Assessments (RCSAs)
• Deliver independent control testing in line with the annual testing plan
• Produce and present risk reports and insights to senior management and governance forums
• Track and challenge risk incidents, root cause analysis, and remediation actions
• Review and improve policies, procedures, and control frameworks
• Build strong relationships with key stakeholders across multiple business units
• Second line oversight of AML and Fraud risk frameworks
• Challenge risk assessments, controls, and governance structures
• Review management information (MI) and key risk indicators (KRIs) to identify trends and emerging risks
• Support effective incident management and ensure timely action and resolution

What you’ll need to succeed

• 3-5 years’ experience in Operational Risk, Risk & Controls, or Governance within financial services
• Strong understanding of risk frameworks (RCSA, control testing, incident management)
• Exposure to AML and/or Fraud risk oversight is highly desirable
• Proven ability to challenge, influence, and engage stakeholders at all levels
• Excellent analytical, reporting, and communication skills
• Proactive, self‑motivated, and comfortable working autonomously

What you’ll get in return

• Competitive salary of £45,000 – £50,000
• Bonus scheme
• Hybrid working (2 days per week in the Coventry office)
• Pension scheme
• Company car scheme
• Private health cover
• Strong exposure to senior stakeholders and risk governance forums
• Opportunity to develop expertise across Operational Risk and Financial Crime

#J-18808-Ljbffr…