At a Glance
- Tasks: Lead risk management frameworks and support business growth in a dynamic fintech environment.
- Company: Join Capital on Tap, a thriving financial platform revolutionising small business finance.
- Benefits: Enjoy private healthcare, 28 days holiday, and a fun office atmosphere with perks.
- Other info: Diverse and inclusive culture with excellent career progression opportunities.
- Why this job: Make a real impact in a fast-paced fintech while shaping risk strategies.
- Qualifications: Expertise in enterprise risk management and strong communication skills required.
The predicted salary is between 70000 - 90000 £ per year.
Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that. Today we're a financial platform - not just a credit card company. We offer a best-in-class business credit card, SME-focused spend management platform, a savings product that hit £1 billion in funds within its first year, and a growing suite of tools and financial products that make running a small business easier.
This is a Hybrid role, with a minimum of 3 days a week in our London office.
The Risk & Compliance team is the second line of defence at Capital on Tap, working at the intersection of regulation, product and business growth. As our Risk Manager, you'll lead the design and delivery of our risk management framework, working closely with the UK Compliance Director and Risk Owners across the Leadership Team.
This is a senior leadership role for someone who is energised by building forward-looking risk frameworks that inform decisions, not activity registers that sit on a shelf. The ideal candidate will have significant expertise in enterprise risk management within FCA-regulated firms, technical fluency, and take a pragmatic, problem-solving and risk-based approach.
What You’ll Be Doing
- Strategic Risk Leadership: Serve as the primary second-line risk lead, providing senior leadership with a forward-looking, decision-useful view of risk as the business scales.
- Framework Ownership: Own and refresh the Enterprise Risk Management Framework ensuring the three lines of defence design fits a growing FinTech.
- Risk Taxonomy & RCSAs: Re-baseline the Risk Taxonomy with Risk Owners to reflect the current business, and work collaboratively with them to refresh risk assessments and risk appetites.
- KRIs & Risk Reporting: Work with Risk Owners to build live KRI dashboards and support reporting to the Risk Committee.
- Risk Systems & Data: Responsible for transitioning to a GRC platform.
- Stress Testing & Wind-Down: Lead the annual wind-down plan refresh aligned to FCA WDPG and the CASS 10A resolution pack.
- Governance Support: Support Risk Committee Charter and Terms of Reference refresh.
- Independent Assurance: Partner with Internal Audit and third party assurance providers to shape an independent assurance plan aligned to where the residual risks actually sit.
- Business Enablement: Provide thoughtful, business-minded second line challenge to product launches, partner-bank changes and AI implementations.
- Risk Culture: Support the risk culture across the business by engaging Risk Owners on impact classification and risk-owned RCSAs, embedding risk thinking into business-as-usual decisions.
We’re Looking For
- Deep Regulatory Expertise: Comprehensive working knowledge of FCA SYSC 4, 6 and 7, the EMD/PSD regime, FCA WDPG and CASS 10A, with the ability to interpret complex requirements and provide pragmatic business guidance.
- Framework Design Experience: Hands-on experience designing or refreshing an Enterprise Risk Management Framework: taxonomy, appetite, KRIs, RCSA methodology and Risk Committee reporting.
- FinTech / Payments Background: Proven experience in an FCA-regulated firm in the EMI, payments, banking or FinTech space, with an understanding of partner-bank concentration risk in card and payments models.
- Forward-Looking Reporting: Track record of building effective risk reporting.
- Stress Testing & Wind-Down: Practical experience embedding stress testing, reverse stress testing and wind-down planning at firm level.
- Senior Stakeholder Influence: Confident providing independent challenge at Director and C-suite level, building constructive relationships while holding the second line.
- Urgency & Business Focus: Demonstrated ability to work at pace in fast-moving environments, with the appetite to build at speed - the framework exists, it needs maturing fast as the business scales.
- Strong Written Communication: Excellent written communication for papers, Risk Committee briefings and Board notes, with the ability to translate technical risk into business decisions.
Nice to Have
- GRC Platform Experience: Experience evaluating or implementing a GRC platform.
- AI & Operational Resilience: Exposure to AI risk management and operational resilience under FCA expectations.
- Professional Qualifications: A recognised risk qualification such as IRM (Institute of Risk Management), FRM (GARP), PRMIA or equivalent. Big 4 or consulting background in financial services risk also welcome.
Diversity & Inclusion
We welcome, consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives, and everyone can do their best work.
Great Work Deserves Great Perks
We try not to take ourselves too seriously (all the time) so we make sure our office is decked out with a pool table, arcade machine, beer tap, and a couple of office dogs thrown in for good measure. Check out our benefits:
- Private Healthcare including dental and opticians services through Vitality
- Worldwide travel insurance through Vitality
- Access to a women's health platform via Hertility
- Anniversary Rewards (£250, £500, £750, 4-week fully paid sabbatical)
- Salary Sacrifice Pension Scheme up to 7% match
- 28 days holiday (plus bank holidays)
- Annual Learning and Wellbeing Budget
- Enhanced Parental Leave
- Cycle to Work Scheme
- Season Ticket Loan
- 6 free therapy sessions per year
- Dog Friendly Offices
- Free drinks and snacks in our offices
Excited to work here? Apply! If you’d like to progress your career within our fast growing, profitable fintech then click apply and we will aim to get back to you within 3 working days (during busy periods this could take up to 5 working days).
Risk Manager employer: Capital on Tap
At Capital on Tap, we pride ourselves on being an exceptional employer that champions innovation and inclusivity within the fast-paced fintech landscape. Our vibrant London office fosters a collaborative work culture, offering employees a wealth of growth opportunities alongside competitive benefits such as private healthcare, generous holiday allowances, and a unique work environment complete with leisure facilities. Join us to make a meaningful impact while enjoying a supportive atmosphere that values your contributions and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Capital on Tap. A friendly chat can sometimes lead to opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for the interview by understanding their products and services inside out. Show us you’re not just another candidate; demonstrate how your skills can help shape their risk management framework.
✨Tip Number 3
Practice your storytelling skills! Be ready to share specific examples of how you've tackled risk management challenges in the past. We want to hear about your successes and how you can bring that experience to Capital on Tap.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us you’re genuinely interested in the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit!
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Risk Manager role. Highlight your experience in enterprise risk management and how it aligns with our mission at Capital on Tap. We want to see how you can contribute to our growth!
Showcase Your Expertise:Don’t hold back on demonstrating your deep regulatory knowledge and framework design experience. Use specific examples from your past roles to illustrate your skills, especially in FCA-regulated environments. We love seeing real-world applications!
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate strong written communication, so make sure your ideas come across clearly and effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at Capital on Tap!
How to prepare for a job interview at Capital on Tap
✨Know Your Risk Frameworks
Make sure you’re well-versed in the Enterprise Risk Management Framework. Brush up on your knowledge of FCA SYSC 4, 6, and 7, as well as the EMD/PSD regime. Being able to discuss how you’ve designed or refreshed risk frameworks in the past will show that you’re the right fit for this role.
✨Showcase Your Regulatory Expertise
Prepare to demonstrate your deep understanding of regulatory requirements. Be ready to provide examples of how you've interpreted complex regulations and offered pragmatic guidance in previous roles. This will highlight your ability to navigate the regulatory landscape effectively.
✨Engage with Stakeholders
Think about how you can build constructive relationships with senior stakeholders. Prepare examples of how you’ve influenced decision-making at the Director or C-suite level. This will show that you can provide independent challenge while still being a team player.
✨Communicate Clearly
Practice your written communication skills, especially for risk reporting and board notes. Be prepared to explain technical risk concepts in a way that’s easy to understand for non-experts. This will demonstrate your ability to translate complex information into actionable business decisions.
