Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead risk management and compliance efforts, ensuring regulatory adherence and effective risk mitigation.
- Company: Join a leading bank committed to financial integrity and innovation.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Make a real impact in finance while developing your leadership skills in a dynamic setting.
- Qualifications: Experience in Risk Management and a strong understanding of UK regulations are essential.
- Other info: This is a full-time role at a mid-senior level, perfect for ambitious professionals.
The predicted salary is between 43200 - 72000 £ per year.
This range is provided by Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Key Responsibilities:
- Develop and maintain comprehensive risk management framework, policies, and risk appetite statement.
- Oversee and challenge credit, market, operational, liquidity risks, and ensure compliance with risk appetite.
- Review credit proposals and assess portfolio risk, recommending exposure limits.
- Manage operational risk, including incident analysis, risk registers, and control self-assessment.
- Ensure regulatory compliance, report changes, and manage climate-related financial risks.
- Lead the development of compliance policies, anti-money laundering (AML), KYC, sanctions, and fraud procedures.
- Handle financial crime reporting, monitoring, and fraud oversight.
- Implement and manage risk culture within the bank, provide training, and collaborate with other departments for risk mitigation.
- Oversee compliance with the Senior Managers Regime (FCA, PRA) and ensure adherence to UK regulations.
- Lead and manage the risk and compliance team, ensuring effective reporting, performance reviews, and training development.
Minimum Qualifications:
- Proven experience in Risk Management in Financial Services.
- In-depth knowledge of UK risk management regulations and financial crime prevention.
- Strong leadership, communication, and interpersonal skills.
- Critical thinker with analytical and decision-making abilities.
- Degree/Diploma and relevant qualifications in Risk Management.
- Strong understanding of UK regulatory frameworks and experience managing key stakeholders.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance
Industries
Banking and Financial Services
#J-18808-Ljbffr
Contact Detail:
Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Risk and Compliance
✨Tip Number 1
Network with professionals in the banking and financial services sector. Attend industry events, webinars, or conferences where you can meet people who work in risk management. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Stay updated on the latest UK regulations and compliance trends. Subscribe to relevant newsletters or follow thought leaders in risk management on social media. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare for potential interview questions by practising your responses to common scenarios in risk management. Think about how you've handled past challenges and be ready to discuss specific examples that showcase your leadership and analytical skills.
✨Tip Number 4
Research StudySmarter's values and culture. Understanding our mission and how we approach risk and compliance can help you align your answers during interviews, making you a more attractive candidate for the role.
We think you need these skills to ace Head of Risk and Compliance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in risk management and compliance, particularly within the financial services sector. Use specific examples that demonstrate your understanding of UK regulations and your leadership skills.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about risk management and compliance. Discuss your relevant qualifications and how they align with the responsibilities outlined in the job description. Be sure to mention any experience with AML, KYC, or fraud procedures.
Highlight Key Achievements: When detailing your work experience, focus on key achievements that showcase your ability to manage risks and ensure compliance. Use metrics where possible to quantify your impact, such as improvements in risk assessment processes or successful training initiatives.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in risk management roles.
How to prepare for a job interview at Bank
✨Showcase Your Expertise
Make sure to highlight your proven experience in risk management within financial services. Be prepared to discuss specific frameworks and policies you've developed or maintained, as well as your understanding of UK regulations.
✨Demonstrate Leadership Skills
As a Head of Risk and Compliance, strong leadership is crucial. Share examples of how you've led teams, managed performance reviews, and provided training. This will show your ability to lead and develop a risk culture within the bank.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of credit, market, operational, and liquidity risks. Be ready to discuss how you would handle compliance with the Senior Managers Regime and other regulatory frameworks.
✨Emphasise Communication Skills
Effective communication is key in this role. Prepare to explain how you've collaborated with other departments for risk mitigation and how you've communicated complex risk concepts to stakeholders. This will demonstrate your interpersonal skills.
