Senior Operational Risk Consultant Europe

DLL Group • Stockholm, ME

2d • Hybrid

About The Position

As Senior Operational Risk Consultant for the European Region, you will partner with regional and market management to support a commercial, forward-looking and future-proof risk management framework. You will understand Region Europe’s processes and requirements, connect Group strategy with local implementation, and work closely with the Global Operational Risk Management Team, the Region Europe RCF team and regional peers. You will establish tactics for implementing the DLL Group Operational Risk Management Framework and provide markets and management with operational risk policies, tools, training and communication.

You will help Region Europe understand its current and emerging operational risks, assess risk appetite and exposure, and take appropriate mitigating measures. You will oversee and challenge the design and ongoing effectiveness of controls through the Risk & Control Framework, support remediation and lessons learned after incidents, and help the region respond proactively to evolving regulatory expectations. Your work will inform timely management decisions and combine independent challenge with collaborative support for first-line teams to improve risk culture and drive continuous risk and efficiency improvements.

You will participate in a market-based team of non-financial risk subject-matter experts aligned to the Region. The role includes leadership and stakeholder engagement, change delivery, policy development, risk identification, risk management and reporting, and mentoring NFR Consultants and Junior NFR Consultants. Success is measured by effective local operational-risk controls and processes, alignment with Group policies and standards, effective monitoring and reporting, and proactive management of relevant local regulatory developments.

Requirements

• Bachelor’s degree in a relevant area such as business economics or a similar/numeric discipline.
• At least 5 years of work experience in an international business environment.
• Experience in Risk Management.
• A good track record managing client and internal stakeholder relationships, with the ability to influence.
• Knowledge of applicable regulations and guidelines.

Nice To Haves

• Relevant professional qualifications, for example ACCA or CIA.
• Policy experience.
• High standards and the ability to produce high-standard end products.
• Initiative, agility and the ability to handle multiple demanding deadlines.
• Self-starting and self-organizing approach, with effective prioritization and anticipation of business needs.
• Adaptability to changing business conditions.

Responsibilities

• Partner with Regional and Markets management to understand local strategies and imperatives, and support the regional Head of IRM in challenging senior management on strategic decisions.
• Build close working relationships with local businesses and translate Group operational risk strategy and frameworks into regional and market settings.
• Support or act as a point of contact for Group functions including Internal Audit, Financial Control, RC&A, Compliance and Legal.
• Support Group Loan Review, Credit Core and Model Validation functions with global initiatives or on-site reviews.
• Mentor NFR Consultants and Junior NFR Consultants.
• Contribute regional and local insights to, and support, Group-level projects, particularly with Group IRM and Group COO, including work on the Climate and ESG agenda and related regulations.
• Track and support development of the regional operational risk framework, including the impact of updated global policies and communications, in collaboration with the Group Operational Risk team and regional peers.
• Work with 1LOR and Regional Risk teams to establish workable and robust regional operational risk policies, standards and procedures.
• Implement and manage operational risk activities aligned with Group strategy and local requirements, and perform quality checks, thematic deep dives and periodic maturity assessments.
• Proactively intervene and support risk owners, functions or markets when unmitigated risks are identified.
• Provide feedback to risk and control owners, finding managers, incident reporters, senior management and functions.
• Monitor and drive remediation of control weaknesses, working with 1LOR to ensure actions are appropriate and timely.
• Manage Archer users and data quality for the market.
• Establish and report clear market-level operational risk profiles aligned with functional process execution and Group reporting requirements.
• Articulate, report and monitor material operational risks, including reputational consequences, and contribute to a consistent Group operational risk profile.
• Attend local risk committees as needed and present the operational risk profile or position on specific topics.
• Support a sound, customer-focused risk culture and an effective, efficient risk control framework.
• Help ensure local processes comply with Group risk policies, standards and procedures, and proactively identify and manage local regulatory developments.

Benefits

• Two working days per year for volunteering at a local charity.
• Flexible hours with the possibility to work from home.
• Career development opportunities, including online learning and member development programs.
• Competitive pay and generous benefits.
• Health and wellbeing support.
• Hybrid working flexibility to support work-life balance.
• Development opportunities across departments, businesses and regions.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior