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Operational Risk and Resilience Associate

The Operational Risk and Resilience Associate will work closely with the Control Officer to deliver robust Operational Risk Management and enhance the firm’s Operational Resilience. This second-line role provides independent oversight, partnering with the first line of defence to identify, assess, and monitor operational and technology risks, ensure effective governance frameworks, and support vendor risk management initiatives. The role will also play a key part in embedding these risk and resilience practices across the organisation.

Duties and responsibilities:

  • Collaborate with the Control Officer to maintain and enhance the Operational Risk Framework and embed resilience practices across the firm
  • Establish and oversee centralised inventories for risks, controls, business services, and vendors to ensure effective governance and accountability
  • Partner with the first line of defence to identify, document, and assess risks and controls across trading, operations, and technology processes, focusing on data integrity, system reliability, and vendor dependencies
  • Provide independent oversight and challenge to the first line in the implementation of risk frameworks
  • Monitor incidents and work with the first line to determine root causes, analyse control failures, and recommend preventive actions
  • Monitor emerging risks, industry trends, and regulatory developments to maintain a proactive, forward-looking approach
  • Support the first line in conducting business impact analyses, scenario evaluations, and resilience testing aligned with regulatory expectations
  • Prepare high-quality reports, presentations, and materials for governance forums, risk committees, and senior management
  • Build strong relationships across the organisation to foster collaboration and promote a culture of robust risk and resilience management
  • Experience in governance, risk, and controls within financial services (e.g., investment banking, asset management, or similar environments)
  • Knowledge of tools and methodologies for resilience testing and scenario analysis
  • Proficiency in data analysis tools (e.g. PowerBI, Tableau) and scripting languages (e.g. Python), with experience supporting risk reporting and process automation
  • Understanding of the trading lifecycle, including trade flows, execution, settlement processes, and associated risks
  • Familiarity with regulatory requirements for operational resilience, such as FCA PS21/3
  • Strong understanding of risk and control frameworks, including technology systems, trading operations, data integrity, and third-party dependencies
  • Exceptional communication and stakeholder management skills, with the ability to engage, influence, and build consensus with senior leaders
  • Highly adaptable, with the ability to prioritise effectively in a fast-paced environment, think creatively to solve problems, and collaborate across cross-functional teams
  • Analytical and detail-oriented, with a proactive mindset for identifying risks and recommending actionable solutions

Education and Qualifications

Bachelor’s Degree in related field

Capula is committed to helping all employees flourish in their role through support with your professional development and exposure to challenges that you may not be offered in a larger organisation.

We will provide:

  • A competitive salary and bonus scheme with annual reviews
  • 25 days’ paid annual leave
  • Excellent staff development and training opportunities
  • Free breakfast, lunch and dinner in our employee restaurant
  • Medical insurance and other benefits

Average salary estimate

$80000 / YEARLY (est.)
min
max
$70000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Operational Risk and Resilience Associate, Capula

Are you looking to make a significant impact in the world of operational risk management? Join Capula as an Operational Risk and Resilience Associate, where you will play a vital role in enhancing the company's operational resilience and managing risk effectively. In this exciting second-line position, you will partner closely with the Control Officer to ensure that the firm not only identifies but also assesses and monitors both operational and technology risks. Your mission will be to develop robust governance frameworks and support vendor risk management initiatives. You’ll get the chance to collaborate with teams across the organization to create and maintain centralized inventories of risks, controls, business services, and vendors. This role is perfect for someone who thrives in a dynamic environment, as you will proactively monitor emerging risks, industry trends, and regulatory developments. Not to mention, you’ll be responsible for preparing high-quality reports for governance forums and risk committees, ensuring that your insights significantly contribute to the firm’s overall risk management strategy. If you have a blend of strong analytical skills and excellent communication abilities, this position at Capula is your opportunity to shine and collaborate with talented professionals dedicated to creating a culture of robust operational resilience.

Frequently Asked Questions (FAQs) for Operational Risk and Resilience Associate Role at Capula
What are the main responsibilities of the Operational Risk and Resilience Associate at Capula?

As an Operational Risk and Resilience Associate at Capula, your key responsibilities will include collaborating with the Control Officer to enhance the Operational Risk Framework, overseeing centralized inventories for risks and controls, and partnering with the first line of defence to identify and assess various risks across trading and technology processes. You will also monitor incidents, provide oversight on risk framework implementations, and support business impact analyses to ensure proactive management of operational resilience.

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What qualifications do you need to apply for the Operational Risk and Resilience Associate role at Capula?

To be considered for the Operational Risk and Resilience Associate position at Capula, you should have a Bachelor's Degree in a related field, experience in governance, risk, and controls within financial services, and knowledge of resilience testing methodologies. Proficiency in data analysis tools like PowerBI or Tableau, as well as scripting languages such as Python, is also highly beneficial.

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How does Capula support career development for the Operational Risk and Resilience Associate?

Capula is dedicated to the professional growth of its employees, including those in the Operational Risk and Resilience Associate role. The company provides excellent staff development and training opportunities, ensuring that team members have access to challenges that foster skill enhancement and career progression, making it an ideal place to grow your career.

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What are the benefits for an Operational Risk and Resilience Associate at Capula?

As an Operational Risk and Resilience Associate at Capula, you will enjoy a competitive salary and bonus scheme, annual salary reviews, and 25 days of paid annual leave. Additionally, you will benefit from complimentary breakfasts, lunches, and dinners at the employee restaurant, along with medical insurance and other perks designed to support your well-being.

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What skills are essential for success as an Operational Risk and Resilience Associate at Capula?

To excel as an Operational Risk and Resilience Associate at Capula, you will need strong analytical and detail-oriented skills, a deep understanding of risk and control frameworks, exceptional communication abilities, and the adaptability to prioritize in a fast-paced environment. These skills will enable you to engage effectively with stakeholders and contribute to the firm's overall risk management strategy.

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Common Interview Questions for Operational Risk and Resilience Associate
Can you describe your experience with risk management frameworks in financial services?

When answering this question, focus on specific examples of frameworks you have worked with, demonstrating your understanding of their application in risk management contexts. Discuss how you contributed to their development or implementation, and highlight the outcomes achieved as a result.

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How do you approach identifying and assessing operational risks?

A great response would involve detailing your systematic approach to risk identification, including methodologies and tools you use. Discuss how you analyze risk factors, engage stakeholders, and recommend actionable solutions based on your assessments.

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What role does communication play in risk management, and how do you apply it?

Explain the importance of clear communication in risk management — for instance, how you relay complex risk information to non-experts. Discuss specific methods you have used, such as presentations or reports, to foster understanding and consensus among stakeholders.

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Can you give an example of a challenging risk you managed and how you resolved it?

Select a specific incident where you identified a critical risk, detailing your analysis process, the strategies you implemented to manage the risk, and the lessons learned from that experience. This showcases your problem-solving abilities and resilience.

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What tools and technologies do you use for data analysis and reporting?

Discuss the specific data analysis tools you are proficient in, such as PowerBI or Tableau, and provide examples of how you've utilized these tools for risk reporting in previous roles. It’s a chance to showcase your technical skills and their real-world application.

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How do you stay updated on industry trends and regulatory changes concerning operational resilience?

Explain your methods for staying informed, such as subscribing to industry publications, participating in professional networks, or attending conferences. Demonstrating a proactive approach to learning reflects your commitment to excellence in the role.

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Describe a time when you successfully collaborated with a cross-functional team.

Focus on the project or initiative you worked on, highlighting your role, contributions, and the importance of teamwork. This will illustrate your interpersonal skills and ability to build strong relationships across an organization.

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How do you ensure that your oversight remains independent while working with the first line of defence?

Discuss the balance between collaboration and independent oversight, providing examples of how you've maintained objectivity. Address the importance of transparency and having open lines of communication to uphold this independence.

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What strategies do you employ for monitoring and evaluating emerging risks?

Outline your approach to continuously monitoring risks, including the use of metrics or KPIs. Give examples of how you’ve adapted strategies based on your evaluations to be proactive rather than reactive.

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Why do you want to work as an Operational Risk and Resilience Associate at Capula?

Prepare a thoughtful response focused on your alignment with Capula's values, your passion for operational resilience, and what draws you to this particular role. Highlight how your skills and experiences make you a perfect fit for the team.

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what we do | with a focus on operational technology and digital transformation, capula has been a leader in advanced system integration for decades; optimising efficiency & delivering performance on a massive scale. but with continuous innovation...

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Full-time, remote
DATE POSTED
December 13, 2024

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