Operational Risk Specialist

6 days ago


Dublin, Dublin City, Ireland The Panel Group Full time

At The Panel Group, we are currently seeking an experienced Operational Risk Specialist to join our team in Dublin. This is a permanent role that involves identifying, assessing, monitoring, and mitigating operational risks across the organization.

The successful candidate will be responsible for developing and maintaining frameworks to manage operational risks and third-party risks, ensuring compliance with regulatory requirements, and embedding operational resilience principles to protect critical business services.

The key responsibilities of this role include:

  • Maintaining, implementing, and enhancing the Operational Risk Management Framework
  • Identifying and assessing operational risks across the organization, conducting comprehensive risk and control assessments across various business units and processes
  • Developing and maintaining key risk indicators to monitor operational risk levels and preparing risk reports for relevant committees and the board
  • Analyzing operational risk incidents to determine root causes and identifying potential improvements, collaborating with business units to implement corrective actions
  • Developing and implementing the organization's Operational Resilience Framework
  • Identifying critical business services and mapping their dependencies, including third-party and technology interconnections
  • Performing impact tolerance assessments to determine the organization's ability to absorb shocks and recover quickly
  • Developing and maintaining the outsourcing oversight framework in line with regulatory requirements
  • Conducting due diligence on third-party providers during onboarding and ongoing reviews

To be successful in this role, you will need to have:

  • A Bachelor's degree in Finance, Risk Management, Business Administration, or a related field
  • A relevant professional risk certification (e.g., FRM, CRM) is a plus
  • Proven experience in operational risk, operational resilience, or a related area within financial services
  • A strong understanding of regulatory frameworks, including DORA, CBI Outsourcing Guidelines, and operational resilience requirements
  • Experience in conducting risk assessments, scenario testing, and vendor due diligence
  • Strong analytical and problem-solving skills


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