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Full-time
bachelor degree
Posted 42d ago
Apply by Jul 15
~40 hrs/week
Responsibilities
The role is responsible for providing oversight of the Operational Risk Framework and managing the Risk and Control Assessment (RCA) program. Key duties include facilitating risk event investigations, delivering ICAAP sections, and reporting operational risk MI to senior committees.
Requirements
Candidates must have a degree and experience in operational risk management within the wealth or asset management sector. Strong leadership, project management, and analytical skills are required, with audit experience and professional certifications like CFA/IMC being advantageous.
Full job description
About Schroders Group
Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.
Role Overview
The Operational Risk Manager position sits within Zurich and focuses on operational risk management matters for the Wealth and Asset Management businesses.
The Group Operational Risk team is part of the second line of defence and provides oversight across Schroders. The team is responsible for providing the tools and framework for managing operational risk, and works closely with the first line of defence and other control functions.
Key responsibilities include:
Defines the Group’s operational risk framework, including policy and risk appetite;
Develops and maintains the Group’s operational risk system, Archer;
Provides the methodology, support and oversight of the Risk and Control Assessments (RCAs) completed by the first line of defence, including those for new products, end to end processes, new clients, and business change;
Provides oversight of the risk event process, including review and challenge of risk event investigations and mitigating actions;
Team Overview:
The Non-Financial Risk function is comprised of several key teams:
Operational Risk
Cyber & Technology Risk
Operational Resilience
What you’ll do:
This position is responsible for providing robust oversight of the Operational Risk Framework implementation by the business areas, along with providing the tools, training and support required.
Responsible for stakeholder management within the Switzerland business on operational risk matters
Management and of the risk and control assessment (RCA) program including review and challenge across the business RCAs and change assessments
Responsible for second line oversight of key transformation initiatives
Facilitating the investigation of risk events, including significant event escalations to Senior Management
Responsible for delivery of the Operational Risk sections of the Wealth Management ICAAP. This includes, development of operational risk scenarios and estimation of the Group’s operational risk capital requirement
Analysis, reporting and presentation of operational risk MI including RCAs, risk events and issues for senior committees such as the Group Risk Committee, Board Audit and Risk Committee and entity Boards
Carry out presentations to clients on operational risk framework and collating responses to RFPs and client queries
Oversight and management of the operational risk system and training of business users
Provide operational risk training to the business
Lead team projects such as framework enhancements initiatives
The knowledge, experience and qualifications you need
Educated to degree level
Wealth/Asset management and operational risk management experience
Strong project management and leadership skills
Good interpersonal and influencing skills and a team-player attitude
Strong written communication skills and attention to detail: the ability to write and review accurate, clear risk reports appropriate for the relevant audience
Good organisational and time management skills
Analytical mindset with logic and problem solving skills
The knowledge, experience and qualifications that’ll help
Assurance/ audit experience
Asset management qualifications, e.g. IMC /CFA
Operational risk system experience
Excellent working knowledge of Microsoft PowerPoint, Word, Excel and Power BI.
Fluent in English, German a big advantage
We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
Related keywords
Operational RiskWealth ManagementAsset ManagementArcherRCAICAAPRisk AppetiteSecond Line of DefenceNon-Financial RiskCyber RiskTechnology RiskOperational ResilienceRisk Event ProcessMI ReportingGroup Risk CommitteeBoard Audit and Risk Committee
A global investment manager, partnering with institutions, intermediaries and individuals to create prosperity together.
Industry
Financial Services
Company size
5,001-10,000 employees
Founded
1804
Headquarters
London, Greater London
LinkedIn followers
280,413
Total funding
$9M
Schroders is a global investment manager, partnering with institutions, intermediaries and individuals to create prosperity together.
For more than 200 years, we have helped clients to see things differently, navigating complexity in changing markets. Today, we manage £823.7 billion* on behalf of clients across public and private markets, operating across six continents with local expertise supported by global scale.
Active management is central to how we invest, engage and steward capital. Over one, three and five years, 70% or more* of our clients’ assets have outperformed their stated comparators. Sustainability is embedded in our investment approach, supported by proprietary tools and active ownership. Our current portfolio temperature score for in scope assets is 2.4°C*, and we aim to achieve 2.2°C by 2030.
Our talented team of more than 5,700* people worldwide are fundamental to our active philosophy. Their capabilities and expertise are enhanced by proprietary technology and data. We prioritise excellence and diversity of thought in pursuit of high performance and client success. By combining global reach with trusted advice, we aim to deliver resilient outcomes for clients, shareholders and society.
*Source: Schroders, all data as at 31 December 2025.
Disclaimer:
Investing in securities is subject to risk. The value of investments can go down as well as up and is not guaranteed.
Schroders will not make direct contact with you, via any social media platform or direct messaging service, to sell our products. If you think you have been a victim of a scam or have received unsolicited contact using the Schroders name or any associated names, and have any concerns, then please contact our Financial Crime Team using the details below:
Telephone: +44(0)20 7658 4004
Email: [email protected]
Offices: 1 London Wall Place, London, Greater London EC2Y 5AU, GB · 7 Bryant Park, New York, New York 10018-3706, US · 138 Market St, Singapore, Singapore, SG · Level 17, 39 Martin place, Sydney NSW 2000, Australia, Sydney NSW, AU · 33/F, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong, Hong Kong, HK
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