Risk Manager – First Line – Private Banking / Wealth Management (Contract) in London

Risk Manager – First Line – Private Banking / Wealth Management (Contract) in London

London Full-Time 69750 - 85250 £ / year (est.) Home office (partial)
Alexander Ash Consulting

At a Glance

  • Tasks: Lead risk management initiatives and establish frameworks for UK Private Banking and Wealth Management.
  • Company: Dynamic wealth management firm focused on innovative growth.
  • Benefits: Competitive daily rate, hands-on experience, and opportunity to shape governance.
  • Other info: Initial six-month contract based in London with excellent career development potential.
  • Why this job: Make a real impact in a fast-paced environment while influencing senior leadership.
  • Qualifications: Extensive risk management experience and strong knowledge of UK regulations.

The predicted salary is between 69750 - 85250 £ per year.

Risk Manager – First Line – Private Banking / Wealth Management (Contract)

A wealth manager is seeking an experienced First Line Risk Manager to support the development of a UK Private Banking and Wealth Management business during a key development phase.

Working closely with senior stakeholders, you will establish the first-line risk framework, ensuring the emerging UK proposition meets regulatory expectations and is built on robust governance from the outset.

You will lead Consumer Duty mapping, advise the business on first-line risk requirements, support regulatory permissions, design governance and reporting frameworks, and help shape a compliant operating model that reflects the specific requirements of the UK market rather than replicating international approaches.

This is a hands-on contract role suited to an experienced risk professional who can balance strategic thinking with practical delivery in a fast-paced environment.

Qualifications & Experience

  • Extensive first-line risk management experience within UK Private Banking, Wealth Management or Financial Services.
  • Strong knowledge of FCA regulation, Consumer Duty and UK regulatory expectations.
  • Experience designing and implementing governance, risk and reporting frameworks.
  • Proven ability to support regulatory permissions and advise business stakeholders on risk requirements.
  • Excellent stakeholder management skills with the ability to influence senior leadership while delivering pragmatic solutions.

This is an initial six-month contract, based London, at £550-600/day PAYE rate (cf. £680-715 Umbrella rate).

Risk Manager – First Line – Private Banking / Wealth Management (Contract) in London employer: Alexander Ash Consulting

As a leading higher education institution, we pride ourselves on fostering a dynamic and inclusive work culture that champions innovation and collaboration. Our commitment to employee growth is evident through tailored professional development opportunities and a supportive environment that encourages creativity in driving digital transformation. Join us in shaping the future of education while enjoying the unique advantages of working in a vibrant academic community.

Alexander Ash Consulting

Contact Details:

Alexander Ash Consulting Recruitment Team

We think you need these skills to ace Risk Manager – First Line – Private Banking / Wealth Management (Contract) in London

First-Line Risk Management
UK Private Banking Knowledge
Wealth Management Experience
FCA Regulation Knowledge
Consumer Duty Understanding
Governance Framework Design
Risk Reporting Framework Implementation