Risk

Banking Operational Risk Manager

For one of our clients, we are actively looking for an Operational Risk Manager within the financial services sector.

For one of our international banking clients based in Brussels, we are looking for a Senior Operational Risk Manager to join a growing Risk function.

This position offers the opportunity to oversee operational risks linked to critical banking activities while working closely with business leaders and control functions. You will play an important role in strengthening governance, improving control frameworks and ensuring that operational risks are appropriately managed within a complex regulatory environment.

Your Mission

As part of the independent Risk team, you will provide oversight over operational risk across transaction banking activities. Your role will focus on identifying control weaknesses, challenging remediation initiatives and helping the business maintain a strong and sustainable control environment.

You will interact with senior stakeholders across Operations, Business, Technology, Compliance and Audit, providing independent advice and ensuring operational risks remain within the organisation's risk appetite.

Role

Operational Risk Management

Assess operational risks affecting core banking processes and critical services.
Review the effectiveness of existing controls and recommend enhancements where necessary.
Monitor operational incidents and evaluate their impact on the overall risk profile.
Ensure key operational risks are appropriately identified, documented and escalated.

Governance & Control Framework

Contribute to the continuous improvement of the operational risk framework.
Review control environments and challenge first-line risk assessments.
Support governance committees through clear and concise reporting.
Assist in maintaining a robust control culture across business functions.

Remediation & Continuous Improvement

Oversee remediation programmes following audits, risk events or regulatory observations.
Evaluate action plans to ensure underlying causes are effectively addressed.
Track implementation of corrective measures until completion.
Identify recurring themes and promote long-term process improvements.

Business Partnership

Act as a trusted advisor for business and operational teams on operational risk matters.
Support strategic initiatives by providing independent risk assessments.
Collaborate with Technology, Internal Audit, Compliance and Legal on cross-functional topics.
Participate in projects involving operational changes, new services or process enhancements.

Risk Analysis & Reporting

Produce meaningful management information on operational risk trends.
Analyse incidents, key risk indicators and control deficiencies to identify emerging risks.
Prepare reports for senior management and governance committees.
Contribute to regulatory reviews and internal oversight activities.

Profile

Master's degree in Finance, Economics, Business Administration, Risk Management or another relevant discipline.
Around 7 years or more of experience in Operational Risk, Internal Controls, Audit, Compliance or Risk Management within financial services.
Good understanding of operational risks associated with banking operations, payment services, treasury activities or transaction processing.
Experience evaluating internal controls, governance processes and remediation programmes.
Comfortable interacting with senior stakeholders and providing independent challenge.
Strong analytical mindset with excellent organisational and problem-solving skills.
Excellent written and verbal communication skills.
Fluent in English. French, Dutch or another European language is considered an advantage.
Professional certifications such as FRM, CIA, CRMA or equivalent are appreciated.

Offer

Permanent position within a leading international financial institution.
Opportunity to work on strategic operational risk topics with high business visibility.
Exposure to complex regulatory environments and international stakeholders.
Hybrid working model offering flexibility.
Strong learning and career development opportunities.
Comprehensive benefits package and collaborative working environment.

Salary & Benefits (Belgium)

For a senior operational risk professional in Brussels, the expected market package is typically:

Gross monthly salary: €9,200 – €12000, depending on experience and expertise.
Annual performance bonus: 10%–25%.
Company car or mobility budget.
Meal vouchers (€8–10/day).
Monthly net allowance (€150–250).
Group insurance and hospitalisation insurance.
Laptop, smartphone and home-working allowance.
Flexible working hours and hybrid working (2–3 days remote per week).
Approximately 30 to 35 days of annual leave.

Avantages