Operational Risk Specialist

Who we’re looking for

We’re looking for an Operational Risk Manager to support our wealth management business, helping to strengthen the control environment across the business through effective oversight of risk assessments, risk events, operational risk reporting and scenario analysis. 

About Us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

The base

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.

What you'll do

• Manage, review and challenge risk assessments across the business, including Risk and Control Assessments (RCAs), new client assessments and change assessments
• Facilitate the investigation of risk events, including the escalation of significant events to senior management as required
• Develop operational risk scenarios and support the estimation of the Group’s operational risk capital requirement, including contributions to the ICAAP/ICARA processes
• Analyse and report operational risk management information (MI)—including RCAs, risk events and issues—for senior governance forums such as the Group Risk Committee, Board Audit & Risk Committee and entity Boards
• Enhance and streamline reporting processes, improving efficiency, accuracy and control
• Collate and co-ordinate responses to RFPs and client queries, including producing presentation materials for client meetings
• Present to clients on the Group’s operational risk framework, as required
• Conduct thematic or targeted reviews to address emerging risks, issues or areas of focus
• Oversee and manage the operational risk system and train/support business users to ensure effective adoption and data quality
• Experience in wealth management or asset management, and/or risk management
• A proactive, delivery-focused approach
• Strong written communication and attention to detail, with the ability to produce clear, accurate risk reporting tailored to the audience
• Effective organisation and time management skills, able to manage competing priorities
• Strong systems aptitude - quick to learn new tools and confident explaining functionality to others
• Analytical mindset with sound problem-solving skills
• Strong interpersonal and influencing skills, with a collaborative, team-oriented approach
• Discretion and professionalism when handling confidential or sensitive matters
• Advanced working knowledge of PowerPoint, Word, Excel and Power BI
• Experience in assurance and/or audit (internal or external)
• An asset management qualification, such as the IMC and/or CFA (or working towards)
• Familiarity with operational risk systems (e.g., GRC tooling)
• Experience supporting ICAAP and/or ICARA processes

The knowledge, experience and qualifications you need

• Experience in wealth management or asset management, and/or risk management
• A proactive, delivery-focused approach
• Strong written communication and attention to detail, with the ability to produce clear, accurate risk reporting tailored to the audience
• Effective organisation and time management skills, able to manage competing priorities
• Strong systems aptitude - quick to learn new tools and confident explaining functionality to others
• Analytical mindset with sound problem-solving skills
• Strong interpersonal and influencing skills, with a collaborative, team-oriented approach
• Discretion and professionalism when handling confidential or sensitive matters
• Advanced working knowledge of PowerPoint, Word, Excel and Power BI

The knowledge, experience and qualifications that’ll help

• Experience in assurance and/or audit (internal or external)
• An asset management qualification, such as the IMC and/or CFA (or working towards)
• Familiarity with operational risk systems (e.g., GRC tooling)
• Experience supporting ICAAP and/or ICARA processes

We recognise potential, whoever you are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.

Advertised Salary: Competitive