Location: This role could be based in either our London, Birmingham, Telford or Edinburgh offices with time spent working in the office and at home.
Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working here.
Closing Date: 23rd July 2026
Salary and benefits: £70,000 to £90,000 dependent upon experience, indicative bonus potential of 30-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Who are we?
We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.
Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.
The role
We are seeking a Senior Non-Financial Risk Manager to oversee operational risk across public and private market trading activities covering fixed income, derivatives, and private debt asset classes with a strong emphasis on the operational workflows supporting the trade structuring and origination processes. This role will also cover BPA pricing as the product features in combination with the Asset Management business. Strong stakeholder management skills are essential to influence senior management and business teams effectively and will need to be a trusted but independent partner to the organisation. Act as deputy to the Head of Operational Risk, providing leadership and guidance across the function.
The role is critical to promote informed decision making and controlled risk-taking that improves customer outcomes and delivers long term value for shareholders. Supporting the implementation and oversight of the Group’s Risk Management Framework and partner with the Senior business stakeholders including ExCo members.
Responsibilities
In conjunction with aligned Head of Operational Risk, drive the implementation of an effective Risk Management Framework for the Group to identify, measure, monitor, manage and report on the risks to which the Group and its customers are exposed
- Business Partnering support on all Operational Risk in capital market business across the end to end trade execution flow
- Provide advice, guidance and challenge to the business on Risk Management Framework (Risks and Control Environment, Risk Policies, Risk Reporting and wider elements including Risk Appetite and KRIs.
- Collaborate closely with trading, investment, and operations teams to embed risk awareness and mitigation strategies.
- Influence key stakeholders across the Group and externally level to drive positive risk outcomes and gain buy-in on risk management initiatives.
- Promote effective challenge and ensuring that independent risk opinions are provided to the Business stakeholders or appropriate decision-making body on the implications of all proposals that could materially change the risk exposure of the Group
- Promote strong risk culture in which the Risk Management Framework is valued and embedded, the identification and management of risks to customers is central to decision making and key judgements and assumptions are transparent.
- Ability to navigate ambiguous situations, drive decision making, manage change, and learn quickly in a multifaceted business environment.
Develop the Risk Managers in the Operational Risk oversight team
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Previous experience in Middle Office or back-office function with an understanding of the trade booking flow from a banking or asset management firm
Excellent stakeholder management skills. Comfortable working with RSAM Exco (– 1) leadership to impact and influence decision making.
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
We’re reviewing applications as they come in and may close this role before the closing date, so apply early to avoid missing out.
Find out more about working at Standard Life
