Operational Risk Manager

💰 $125,000 – $185,000 + discretionary bonus

We are partnering with a leading global capital markets firm seeking an experienced Operational Risk Manager to join their North America team. This is a key role supporting the implementation and enhancement of the Operational Risk Management Framework across a complex, high-volume trading environment.

This position requires strong capital markets experience and a thorough understanding of the end-to-end trade life cycle across exchange-traded and OTC products.

As the regional Operational Risk representative, you will work closely with front office, operations, compliance, and senior leadership to identify, assess, monitor, and challenge operational risk exposures across the business.

You will play a critical role in embedding a strong risk culture while ensuring robust governance, effective controls, and regulatory compliance within a fast-paced trading environment.

• Act as the primary Operational Risk contact for the US region
• Facilitate Risk & Control Self-Assessments (RCSAs) and process mapping across trading and operational functions
• Build and maintain comprehensive Risk Registers
• Evaluate the design and effectiveness of controls across the full trade life cycle (front to back)
• Conduct root cause analysis on operational risk events and losses
• Monitor broker errors and operational losses, driving remediation and lessons learned
• Produce detailed risk reporting, dashboards, and management materials
• Identify emerging risk trends using internal and external data
• Partner with 1st, 2nd, and 3rd line stakeholders to strengthen governance and assurance frameworks
• Support regulatory compliance within a US-regulated environment

• 6+ years’ experience in Operational Risk within Financial Services
• Strong capital markets background (mandatory)
• Clear understanding of the full trade life cycle — front office execution through clearing, settlement, and post-trade operations
• Experience working in a high-volume trading environment (commodities, derivatives, equities, fixed income, or similar)
• Proven experience conducting risk assessments and control evaluations
• Strong knowledge of governance, risk frameworks (e.g., ERM, COSO, Basel), and control methodologies
• Experience working in a regulated environment
• Excellent stakeholder management and ability to challenge senior business leaders constructively

• Commercially aware with strong analytical judgement
• Confident operating in a fast-paced, high-responsibility environment
• Strong communication skills — able to translate complex risk concepts into practical business actions