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Head of Operational Risk

Peninsula
LondonHybrid2mo ago
Employment
Full-time
Seniority
Lead

About the role

MAIN RESPONSIBILITIES

  • Set the strategic direction for the Operational Risk function in alignment with wider business objectives.
  • Lead, mentor, and develop an international team with varying levels of experience and seniority.
  • Raise the profile of the Operational Risk function across the organization, ensuring clarity of purpose and value.
  • Establish, implement, and oversee the monthly KRI Framework, ensuring high‑quality reporting and insight for senior management forums.
  • Lead the Incident Management Process, including investigation, analysis, lessons‑learned documentation, and presentation of findings.
  • Support the ongoing enhancement of the Operational Risk Framework across core and emerging business areas.
  • Review and improve policies, guidelines, and processes to strengthen risk culture and behaviors.
  • Act as the go‑to operational risk partner for the business, providing subject‑matter expertise and practical guidance.
  • Build strong relationships with internal stakeholders, mediating between differing viewpoints to drive positive change in the risk and control environment.
  • Represent the function in key internal meetings, committees, and cross‑functional initiatives.
  • Oversee the day‑to‑day running of the Operational Risk and Enterprise Architecture teams.
  • Prepare and present operational risk metrics, insights, and trend analysis for monthly and quarterly governance meetings.
  • Ensure timely escalation and resolution of risk issues, control gaps, and incidents.
  • Deputize for senior leadership where required, providing continuity and authoritative input.

KNOWLEDGE, SKILLS AND EXPERIENCE

  • Experience in operational risk within a commodity trading, bunkering, or related trading environment.
  • Awareness of key regulatory and compliance matters influencing the industry
  • Experience in risk, audit, assurance, compliance, or internal control.
  • High IT aptitude: experience with ETRM systems preferred.
  • BPMN process‑mapping experience beneficial.
  • Professional qualifications desirable (e.g., ACA, ACCA, CIMA, FRM, ERP, CFA).
  • Strong understanding of operational risk and control processes, ideally within fast‑paced commercial settings.
  • Ability to manage ambiguity and work effectively with complex, evolving, or ill‑defined processes.
  • Excellent written and verbal communication skills, with the ability to present information clearly and logically.
  • Strong interpersonal and stakeholder‑management skills, capable of influencing at all levels.
  • Proven ability to mediate between differing viewpoints and drive consensus.
  • Demonstrated leadership experience, including developing and managing teams.

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