Cookies — it's your choice

At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. Some are necessary to help our website work properly and can't be switched off, and some are optional but support Bright Network in building and running the service that we provide to you.

Data we store

  • Essential cookies to make this website work
  • Third party cookies used for personalised ads and content

You can find out more in our privacy policy and cookie policy, and manage the choices available to you at any time by going to ‘Privacy settings’ at the bottom of any page.

Are you happy to accept all cookies?
  • Home
  • Choose a career
    • No idea what to do?
    • Career path test
    • Career path guides
    • Top graduate employers
    • Job profiles
    • Further study
  • Apply for internships
    • Find an internship
    • Top graduate employers
    • Deadline Tracker
    • Internship Experience UK
  • Apply for graduate jobs
    • Find a graduate job
    • Top graduate employers
    • Deadline Tracker
  • Career advice
    • All advice
    • No idea what to do?
    • CV advice
    • STEM advice
    • Aptitude & numerical tests
    • Interviews
    • Assessment centres
    • Commercial awareness
    • Core career skills
    • Entering the world of work
    • Career path test
  • Academy
    • Free courses
    • Psychometric tests
  • Events
    • Bright Network events
    • Virtual University Series
    • Employer events
    • Previous event highlights
  • Success stories
    • Member success stories
  • Freshers
    • Homepage
  • About us
  • For employers
Home
  • Login
  • |
  • Signup
  • About us
  • For employers
  • FAQs
  • Choose a career
    No idea what to do? Career path test Career path guides Top graduate employers Job profiles Further study
  • Apply for internships
    Find an internship Top graduate employers Deadline Tracker Internship Experience UK
  • Apply for graduate jobs
    Find a graduate job Top graduate employers Deadline Tracker
  • Career advice
    All advice No idea what to do? CV advice STEM advice Aptitude & numerical tests Interviews Assessment centres Commercial awareness Core career skills Entering the world of work Career path test
  • Academy
    Free courses Psychometric tests
  • Events
    Bright Network events Virtual University Series Employer events Previous event highlights
  • Success stories
    Member success stories
  • Freshers
    Homepage
  1. Home
  2. Graduate Jobs
  3. Financial Services
  4. Junior Operational Risk Associate 2021

Junior Operational Risk Associate 2021

Lock Applications for this job are now closed
DEADLINE 20th June 2021
Graduate job
Zopa
London
Financial Services, Technology & IT Infrastructure

We’re empowering people to FeelGood about their money.

We’ve been on this journey since 2004, when we built the first ever peer-to-peer lending company to give people access to simpler, better-value loans and investments. When it comes to money, we think everyone deserves a fair deal, so since we launched, we’ve helped hundreds of thousands of customers to take the stress out of money by building our business on honesty, transparency and trust.

Our journey’s always evolving, and we’ve just launched a bank. But a different type of bank – one that empowers its customers to take control of their finances and FeelGood about their money.

If you embrace being challenged beyond the norm, aren’t afraid to think differently and are motivated by working somewhere you can really make an impact, you’ll love life here at Zopa.

Following the launch of Zopa Bank earlier this year, we are looking for an Operational Risk Associate to join our 1st Line team to support our product and 3rd party stakeholders to understand and manage their operational risks.

We are looking for someone with experience in an operational, process management or vendor management role, ready to take the next step in their risk management career.

A day in the life

  •  
  • Support in the management of the Risk and Control Self-Assessment (RCSA) process across Zopa’s product teams
  • Suggesting recommendations where control failures or weaknesses are identified to ensure risks are mitigated
  • Manage the monthly reporting of controls, conduct and 3rd party risk MI
  • Run Risk Management meetings with product teams
  • Undertake 1st Line testing of controls, reviewing design and operating effectiveness
  • Support product teams in management of Risk Events, carry out Root Cause Analysis
  • Assist with 2nd Line Reviews, internal and external audits as required, coordinating the completion of actions
  • Oversee the management of key 3rd party suppliers and intermediaries in line with company policies
  • Perform and co-ordinate onboarding due diligence for new suppliers and intermediaries, and regular due diligence for existing suppliers
  • Complete deep dive reviews or projects to help Zopa teams understand and manage their operational risks
  • Build and maintain relationships with other 1st and 2nd Line risk staff across the business
  • Stay on top of key regulations and requirements in the product areas

About you

  • You’ll have previously worked in personal consumer finance or a regulated environment
  • You’ll have a basic understanding of risk and controls
  • Attention to detail with awareness of the overarching goal
  • You’ll have a methodical and logical approach
  • Great at building relationships with internal and external stakeholders
  • Ability to drill down into detail and identify root cause of errors and risk events
  • Multi-tasker who can adapt to changing priorities
  • Analytical and a great communicator

Bonus points for

  • 3rd party risk management experience

To thrive here, you’ll need to:

  • Champion our customers. Whatever your role, you’ll be close to our customers. We care passionately about doing the best for them.
  • Help us make fearless choices. Our environment is fast-paced, agile and open. You’ll solve interesting and challenging problems, and be trusted and empowered to bring your ideas to life.
  • Walk the talk. Like us, you’ll be honest, stick to your promises and face the tough moments head-on.
  • Win smarter. You’ll be always on the lookout for a better way of doing things, going beyond ‘good enough’ and welcoming different points of view.
  • Be in it together. You’ll join an ambitious, diverse and all-round approachable team with a mix of ideas and talents who inspire each other to be better every day.

Zopa is proud to offer a workplace free from discrimination. Diversity of experience, perspectives, and backgrounds leads to great products and unique company culture. We simply can’t expect to empower our customers to better manage their money without challenging the current status quo. Creating the best place for money is no easy task, which is why we need talent from all walks of life.

DEADLINE 20th June 2021

Related Jobs

  • Lloyds Banking Group: Start Your Journey Events - Technology Event
  • BAE Systems: Graduate Maritime Services Data Management/Analysis Hampshire June 2022
  • South Wales Police: ICT Placement Bridgend 2022
  • Ericsson: Network Architect London 2022
  • Formpipe: Graduate Technical Author 2022
  • BNY Mellon: Technology Developer Internship London 2022
  • Sage: Graduate Developer 2022
  • Erlang Solutions: Junior Erlang Programmer 2022
  • Standard Chartered: Quantitative Analyst CCR Models 2022
  • UST: Financial Services Global Practice Internship London 2022
Careers - work for usGet in touchTerms and conditionsAnti-slavery policy
Community guidelinesPrivacy policyBrowse site
Bright Network © 2022