Operational Risk Manager

Operational Risk Manager

Final date to receive applications: 5 February 2026

Department: Risk

Employment Type: Permanent

Location: Sheffield

Compensation: £35,000 - £47,500 / year

Operational Risk Manager

Location: Sheffield Hybrid Working

(Expectation that you will attend an office 2 days per week)

Contract: Permanent

Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)

Salary: £35,000 - £47,500 depending on experience

• 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
• 15% employer pension contribution
• Flexible working
• Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
• Paid voluntary days, maternity, paternity, adoption, and shared parental leave
• Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more

In this role you will deliver high quality risk oversight by analysing risk and control performance, supporting the Bank’s Risk and Control Self-Assessment (RCSA) process, and managing the Risk Incident Management framework. You will identify trends and emerging risks through data analysis and assurance activities, maintain the central risk and control library, and prepare clear, insightful reports for senior stakeholders that highlight key risk themes and opportunities for improvement.

You will also administer and optimise the Bank’s Governance, Risk and Compliance (GRC) system and provide effective support to users.

The role supports the development of an embedded and proactive risk culture by offering pragmatic risk and control advice, providing second line oversight of key change initiatives, and developing guidance and training for colleagues across the Bank. You will work closely with firstline teams, Risk Champions and wider Risk & Compliance colleagues to promote continuous improvement and support delivery of the team’s strategic objectives, fostering effective collaborative relationships across the organisation.

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