Job Title: Head of Operational Risk
Location: Zurich or St. Gallen, Switzerland
About the Role:
We are excited to partner with one of Switzerland’s premier banking institutions to find a highly skilled and experienced Head of Operational Risk. This is a fantastic opportunity for an operational risk leader to join a globally renowned banking group, based in either Zurich or St. Gallen. The successful candidate will oversee a dedicated team of 5 professionals, leading the charge in strengthening the operational risk framework and ensuring effective risk management strategies across the business.
Key Responsibilities:

• Lead, manage, and develop a high-performing operational risk team of 5, ensuring strong collaboration and continuous professional growth.
• Oversee and enhance the operational risk framework, ensuring it is aligned with both regulatory requirements and the organization’s risk appetite.
• Identify, assess, and report on operational risks across the bank, ensuring all risks are effectively mitigated and managed.
• Provide strategic advice and guidance to senior leadership on emerging operational risks and trends, with actionable recommendations for risk management.
• Conduct regular risk assessments, including scenario analysis, to ensure a proactive approach to operational risk management.
• Collaborate with cross-functional teams to implement controls, procedures, and processes that minimize operational risk exposure.
• Drive the enhancement of operational risk reporting, ensuring timely and accurate communication of key risk indicators (KRIs) to senior management and relevant stakeholders.
• Ensure compliance with both Swiss and international regulatory frameworks governing operational risk.
• Lead the development of risk awareness and training initiatives to foster a strong risk culture within the organization.

Requirements:

• Minimum of 8 years of experience in operational risk management within the banking or financial services sector, with a proven track record in leadership roles.
• Extensive knowledge of banking products, processes, and regulations, with an in-depth understanding of operational risk frameworks.
• Strong familiarity with Swiss banking regulations and international standards, such as Basel III, as well as other risk management methodologies.
• Proven leadership, communication, and interpersonal skills, with the ability to engage stakeholders across all levels of the organization.
• Strong analytical and problem-solving skills, with the ability to assess complex risk scenarios and provide effective solutions.
• University degree in Finance, Economics, Risk Management, or a related field. Professional certifications (e.g., FRM, PRM) are highly regarded.
• Fluency in English is required, with proficiency in German or French considered an advantage.

What We Offer:

• An opportunity to lead operational risk management at one of Switzerland’s leading banking groups.
• A dynamic and supportive work environment, offering professional growth and advancement opportunities.
• Competitive salary and benefits package.
• A culture of collaboration and strong emphasis on risk management and compliance.