Operations Risk Manager

zero effort nonbank (ZEN)

Operations Risk Manager

Salary Not Specified

zero effort nonbank (ZEN), Newtown, Cambridge

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 1 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 27d24e43f8014f0e861a292dc7c4ac19

Full Job Description

As Manager of first line Operational Risk in a rapidly growing financial payment institution your responsibilities include but are not limited to:

  • Leading the delivery and execution of ZEN-UK's operations strategy whilst maintaining and driving operational results within the company by overseeing the day-to-day administrative and operational functions

  • Evaluate current practices, processes and systems, highlighting performance and improvement opportunities and implementing solutions for achieving these.

  • Working closely with senior management team to create, implement and roll out plans for operational processes, internal infrastructures, reporting systems and company policies in order to foster growth, profitably, productivity and efficiency within the company.

  • Assist new proposed outsourcing arrangements and completed risk assessment and risk mitigation activities performed

  • Responsible for preparing the Risk Assessment, proposing Key Performance Indicators and conducting Service Review Meetings with our outsourced partners

  • Ensure the respective contract owners are monitoring, reviewing and mitigating risks associated with third parties in accordance with the Outsourcing Policy

  • Ensure that all third-party relationships are captured in a centralised inventory in a timely manner

  • Support the development and implementation of local Outsourcing Policies and Procedures in alignment with regulatory requirements

  • Preparing reports on a weekly and monthly basis relating to overall status of the company's operations & outsourcing and whether objectives are being met.

  • Being familiar with FCA activities such as The Consumer Duty and Operational Resilience requirements

  • Be able to assess the company's operational resilience capabilities against the FCA's Operational Resilience Framework and setting up a clear deliverables for closing any gaps.

    You should have proven experience track record working in a similar role for at least 5+ years and have in depth understanding of the payments industry and related operating and outsourcing topics.

  • Experience in a regulated FinTech or financial services institution

  • Proven experience of working with outsourced service providers and the ability to manage and own risks


  • Additional requirements:
  • Proven track record in managing and implementing efficient and resilience operations within a FinTech environment

  • Solution driven attitude and willingness to work in a small team to achieve business objectives

  • Highly analytical; excellent problem-solving skills

  • Experience managing a small team

  • Successful candidate will be subject to a credit, background and criminal (DBS) check

    We're inviting you to work together on a tool that will help customers from all over the world manage their money with zero effort. Join the ZEN team now and change the world of finance for the better. At ZEN you'll get to work with a lot of exciting new technology.

    Competitive salary.

  • Hybrid working - with the opportunity to travel to other ZEN entities internationally

  • A non-corporate working atmosphere in a professional team focused on common goals.

  • Work in rapidly growing international organisation