ICAP Logo

ICAP

Senior Risk Manager - Technology

Posted 14 Days Ago
Be an Early Applicant
Hybrid
London, Greater London, England, GBR
Senior level
Hybrid
London, Greater London, England, GBR
Senior level
Manage technology operational risks within a financial institution. Responsibilities include risk identification, assessment, appetite monitoring, control testing, remediation, reporting, event and policy breach oversight, business continuity, crisis management, and technology risk training. The role provides second-line oversight, supports strategic initiatives and change programs, and partners with technology stakeholders on security, incident response, and data protection.
The summary above was generated by AI

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Senior Risk Manager will work closely with the Technology function to identify, assess, and mitigate operational risks. This role integrates risk management into strategic and change initiatives, ensuring alignment with business objectives. It also provides expert advice, delivers insightful analysis and reporting, ensures compliance with the Enterprise Risk Management Framework and Business Continuity Management requirements, and promotes a risk-aware culture through training and engagement.

Key Responsibilities

Risk Identification & Assessment

  • Collaborate with Technology to identify and assess material risks across business-as-usual, emerging threats, strategic initiatives, and change programs.

  • Support and challenge risk assessment activities (e.g., RCSA, Top-Down Risk Assessment, Scenario Analysis, Root Cause Analysis).

  • Deliver timely and accurate risk insights to inform decision-making.

Risk Appetite

  • Define and review risk appetite thresholds and KRIs in alignment with business activities and risk profile.

  • Monitor risk profile against appetite and recommend actions for out-of-tolerance risks.

Strategic Risk & Change Management

  • Assess risks related to strategic initiatives (e.g., M&A, new products, ventures), including financial, operational, regulatory, and cultural impacts.

  • Review new business requests to ensure risk profiles are understood and mitigated appropriately.

Risk Mitigation & Management

  • Evaluate and challenge the adequacy of control and policy frameworks.

  • Support remediation of control deficiencies and assess risk acceptance impacts.

  • Conduct or support assurance activities, including control testing and targeted reviews.

Risk Monitoring & Reporting

  • Produce MI and analysis on risk appetite performance, significant events, remediation status, and emerging threats.

  • Participate in management meetings and risk committees, providing second-line oversight and commentary.

Events, Issues, Risk Acceptances & Policy Breaches

  • Oversee escalation and mitigation of significant events.

  • Provide quality assurance over events, issues, and policy breaches.

  • Lead deep dives into internal/external events and ensure effective remediation.

Business Continuity & Crisis Management

  • Provide oversight of business continuity plans and crisis response coordination.

  • Support remediation planning and ensure timely execution of updates following tests or disruptions.

Training & Awareness

  • Deliver training sessions to enhance risk awareness and competency across Technology.

  • Promote risk management practices through business engagement strategies.

Experience & Competencies

Essential

  • Experience working in an Operational Risk program within a medium to large financial institution.

  • Proven ability to collaborate with technology teams on system security, incident response, and data protection.

  • Bachelor’s degree in business, accounting, finance, or related field; or equivalent professional certification.

  • Demonstrated, in-depth knowledge of the financial services industry and operational risk frameworks.

  • Excellent analytical skills with the ability to interpret and present data clearly.

  • Effective project management and prioritisation skills in high-demand environments.

  • Strong communication skills with adaptability across technical and senior audiences.

  • Self-starter with a curious mindset and problem-solving orientation.

  • Proven stakeholder management skills across diverse and complex environments.

Desired

  • Experience in an IDB or Capital Markets environment.

  • Additional risk-related experience beyond Operational Risk.

  • Familiarity with fixed income, equities, FX, emerging markets, and electronic/algorithmic trading.

  • Understanding of post-trade workflows supporting these products.

  • Knowledge of risk models and industry best practices in operational risk.

  • Experience with GRC systems and business continuity planning.

  • Exposure to crisis management frameworks and strategic risk assessments.

Job Band & Level:

  • Manager / 7

#LI-MID #LI-Hybrid

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

Location

UK - 135 Bishopsgate - London
HQ

ICAP London, England Office

London, United Kingdom

Similar Jobs

14 Days Ago
Hybrid
London, England, GBR
Senior level
Senior level
Consulting • Financial Services
Leads IT risk advisory engagements involving IT internal audit, SOX compliance, controls testing, attestation readiness, process improvement, and risk assessments. Manages project teams, engagement scope and economics, client relationships, audit committee presentations, findings, and recommendations. Supports business development and contributes to staff development and internal team improvement. Requires substantial IT audit or information security experience, strong knowledge of IT controls and compliance frameworks, project management skills, and relevant professional certifications.
Top Skills: CosoGdprIso 27001It General ControlsSoc 1Soc 2Sox
One Month Ago
In-Office
London, Greater London, England, GBR
Senior level
Senior level
Fintech • Payments • Software • Financial Services
Lead operational and technology risk reporting for executive and governance forums. Produce executive-level dashboards and analysis, identify emerging risks and trends, improve data quality and automation, support regulatory compliance (DORA, NIS-2), and coordinate stakeholders across Technology, Risk, Cyber Security and Operational Resilience.
Top Skills: Grc PlatformsPower BI
13 Minutes Ago
Hybrid
London, Greater London, England, GBR
Entry level
Entry level
Fintech • Mobile • Payments • Software • Financial Services
Build and maintain backend services for Wise’s Contacts team, powering recipient discovery, management, and customer interactions at large scale. Responsibilities include designing distributed systems, RESTful APIs, database schemas, and query optimization; deploying reliable services; writing testable code; and collaborating with product, design, and analytics teams using an agile, customer-focused approach.
Top Skills: Backend-For-Frontends (Bffs)JavaNon-Relational DatabasesRelational DatabasesRestful ApisSpring Boot

What you need to know about the London Tech Scene

London isn't just a hub for established businesses; it's also a nursery for innovation. Boasting one of the most recognized fintech ecosystems in Europe, attracting billions in investments each year, London's success has made it a go-to destination for startups looking to make their mark. Top U.K. companies like Hoptin, Moneybox and Marshmallow have already made the city their base — yet fintech is just the beginning. From healthtech to renewable energy to cybersecurity and beyond, the city's startups are breaking new ground across a range of industries.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account