Operational Risk Manager - Wealth Management

Who we’re looking forWe’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 UsSchroders 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 managementA 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 BIExperience 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 managementA 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 BIThe knowledge, experience and qualifications that’ll help…