Quality Assurance & Operational Risk Manager
“Set the standard. Strengthen controls. Deliver better customer outcomes.”
At Castle Trust Bank, we pride ourselves in being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers.
We have an exciting opportunity for an experienced Quality Assurance & Operational Risk Manager to lead the day-to-day delivery and continued development of our First Line Quality Assurance and Operational Risk frameworks.
This role is based in Basingstoke on a hybrid basis working 3 days office and 2 days at home.
The role and what you’ll lead and deliver:
This is a key role within our operational first line, responsible for quality assurance and operational risk activity across the business, supporting 2 direct reports initially. You’ll ensure that risks, incidents and control weaknesses are identified effectively, understood through robust root cause analysis, and supported by clear and measurable remediation.
Working closely with colleagues across Operations, Risk, Compliance and other business areas, you’ll help us maintain strong customer outcomes, operational resilience and regulatory compliance.
You will be:
Leading our Quality Assurance framework
- Owning and maintaining the First Line Quality Assurance framework, methodology and governance.
- Ensuring QA activity is delivered consistently and in line with agreed standards and risk appetite.
- Leading and developing colleagues responsible for quality assurance reviews across operational processes.
- Overseeing calibration, trend analysis and reporting to provide consistent, meaningful management information.
- Identifying emerging themes, control weaknesses and potential customer outcome risks.
- Driving continuous improvement across QA methodology, reporting and oversight.
- Ensuring QA findings lead to clear actions, ownership and measurable remediation.
Managing operational risk activity
- Leading the day-to-day delivery of First Line Operational Risk activity.
- Managing and developing Operational Risk Analysts responsible for incident and breach reporting, issue assessment, root cause analysis, remediation tracking and thematic analysis.
- Supporting business areas to identify, assess and manage operational risks and control weaknesses.
- Ensuring incidents are recorded, investigated and escalated appropriately.
- Monitoring remediation plans to ensure actions are completed effectively and within agreed timescales.
- Helping to embed a strong risk and control culture across operational teams.
- Contributing to operational resilience and continuous improvement initiatives.
Governance and stakeholder management
- Producing clear and meaningful management information for senior leaders and governance forums.
- Building strong working relationships across Operations, Risk, Compliance and wider business teams.
- Supporting regulatory, audit and assurance activity when required.
What you’ll bring:
You’ll be a conscientious and collaborative leader who can combine functional expertise with sound judgement and analytical thinking. You’ll be comfortable investigating complex issues, challenging constructively and translating findings into practical improvements.
Most importantly, you’ll understand how effective assurance and risk management contribute to positive, fair and consistent outcomes for customers. You will also have the following:
Essential
- Experience within financial services ideally Banking, Mortgages or Consumer Finance.
- Demonstrated experience within Quality Assurance, Operational Risk, Risk and Control, or Operational Oversight.
- The ability to balance day-to-day operational delivery with longer-term continuous improvement.
- Experience producing management information and governance reporting.
- A strong understanding of operational risk principles, incident management and control frameworks.
- The ability to identify themes, root causes and process improvement opportunities.
- Strong stakeholder management and communication skills.
- Experience producing management information and governance reporting.
Desirable
- Champion of customer outcomes.
- Experience supporting operational resilience, control enhancement or assurance programmes.
Why join Castle Trust Bank?
- Competitive salary
- Performance bonus (based on individual and company performance)
- Generous contributory pension through Hargreaves Lansdown
- Life Assurance
- 25 days’ holiday + option to buy/sell 5 days
- Additional paid volunteering day
- Private healthcare through Equipsme (includes cash back for Dental and Optical treatment)
- Free access to BHSF Rise EAP to support colleague health and wellbeing
- Gym discounts
- Season ticket travel loans (if applicable)
- A supportive, inclusive culture where your work has real impact
Caught your attention? If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank - The Place To Work!
Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit.
We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contact [email protected]
https://www.castletrust.co.uk/careers/who-we-are
Skills Required
- Experience within financial services, ideally banking, mortgages, or consumer finance
- Demonstrated experience in quality assurance, operational risk, risk and control, or operational oversight
- Ability to balance day-to-day operational delivery with longer-term continuous improvement
- Experience producing management information and governance reporting
- Strong understanding of operational risk principles, incident management, and control frameworks
- Ability to identify themes, root causes, and process improvement opportunities
- Strong stakeholder management and communication skills
- Customer outcomes focus
- Experience supporting operational resilience, control enhancement, or assurance programs
What We Do
Traditional financial service providers are often burdened with costly overheads including expensive branch networks, inflexible technology and huge armies of people. At Castle Trust Bank, we keep our overheads to a minimum and we use savings proceeds to fund our lending solutions. In the past, we offered investment products to our customers which proved very popular. As a bank, we now offer savings accounts, giving our customers the added benefit of FSCS protection for their deposits. Our history means that we have a strong understanding of what our customers need and have built our savings range with those customers and their needs front of mind. In a complex world, we strive for openness and clarity. We place the highest importance on treating our customers fairly not just because it's the right thing to do but because we know that the trust of our customers is crucial to our future success. We recognise that for many mortgage customers, traditional solutions don't cut the mustard. These customers can often have high quality assets but unconventional income and so find it difficult to borrow at reasonable rates and on sensible terms. What experienced buy to let investors need is lending with imagination. They need a lender that recognises cash flow and net worth are not the same thing. They need a lender that is flexible in their approach and makes considered, logical decisions. Castle Trust Bank is that lender. We also offer point of sale finance through our Omni Capital Retail Finance arm. Partnering with retailers nationwide, we support their business by offering finance plans to their customers. OmniPort technology gives retailers paperless credit approval which fits seamlessly with their sales processes and customers can use our dedicated customer portal to keep up to date with their loans









