Operational Risk Manager

About Us:

The EBRD invests in changing lives. Through our projects, business services and involvement in high-level policy reform, we’re doing more than ever before across three continents. Financial investment projects are at the heart of what we do. We also provide business advisory services and promote trade finance and loan syndications. Our operations span agribusiness, infrastructure, transport and many other sectors, and we are world leaders in climate finance.

We are dedicated to promoting transition with excellence, innovation, and responsible banking practices. We’re recruiting in our Operational Risk Management team and are seeking an experienced Operational Risk Manager to ensure effective risk management in line with industry trends.

Purpose of the Role:

As an Operational Risk Manager, you will play a key role in embedding, maintaining, and enhancing our operational risk management framework. This framework is the backbone of monitoring and managing the operational risks of EBRD, encompassing governance, day-to-day management practices, and management of incident and risk data. You will act as the second line of defense, providing independent oversight, challenging business area management of risks, and ensuring effective controls and remediation plans are in place.

Key Responsibilities:

• Collaborate with various business units to ensure the accurate identification, management, mitigation, reporting, and escalation of operational risks.
• Develop and execute operational risk plans across selected departments, ensuring effective oversight and challenge, whilst fostering a robust risk culture.
• Represent Operational Risk Management at internal committees and working groups to wield influence based on expert risk management knowledge.
• Analyze incidents, issues, and key control metrics,driving required actions to mitigate risks.
• Conduct thorough root cause analysis of significant issues and incidents.
• Identify knowledge gaps and provide effective training to address them.
• Development of operational risk guidelines and procedural documents.
• Active in the development of Operational Risk systems, reporting and related OR framework strategies.

Qualifications and Experience:

• Degree in a relevant discipline (Accountancy, Risk Management, CFA, etc.).
• Extensive experience in operational risk within financial services.
• Proven track record in developing and deploying operational risk management frameworks and tools.
• Familiarity with Risk Appetite and Scenario Analysis activities.
• Knowledge of banking products and experience with development banks is advantageous.
• Strong analytical and communication skills.
• Effective relationship management and stakeholder engagement skills.
• Proficiency in planning and organization.

If you are a self-starter with a background in operational risk within a financial services or regulated organization and meet the qualifications above, we invite you to apply. This role offers the opportunity to make a substantial impact in an organization dedicated to excellence and responsible banking practices.

Join our team at the European Bank for Reconstruction and Development (EBRD) and be a driving force in enhancing operational risk management, in line with the latest industry trends. We look forward to welcoming you into our team and fostering a culture of risk management excellence.

What is it like to work at the EBRD?

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people’s lives and help shape the future of the regions we invest in.

The EBRD environment provides you with:

• Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
• A working culture that embraces inclusion and celebrates diversity;
• An environment that places sustainability, equality and digital transformation at the heart of what we do.

Diversity is one of the Banks core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.