At a Glance
- Tasks: Lead risk management frameworks and support business growth in a dynamic FinTech environment.
- Company: Join Capital on Tap, a pioneering financial platform transforming small business banking.
- Benefits: Enjoy private healthcare, generous holiday, and a supportive work culture with wellness perks.
- Other info: Hybrid role with a vibrant office culture and excellent career development opportunities.
- Why this job: Make a real impact by shaping risk strategies in a fast-growing company.
- Qualifications: Expertise in enterprise risk management and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
About the Company
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 are 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. With 1,000+ employees, £20 bn in annual card spend, 200,000+ customers, 17,000+ Trustpilot reviews averaging 4.7 stars, and profitability, we’re just getting started.
Hybrid Role
This is a hybrid role with a minimum of 3 days a week in our London office.
Risk & Compliance at Capital on Tap
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 will lead the design and delivery of our risk management framework, working closely with the UK Compliance Director and Risk Owners across the Leadership Team.
The Role
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 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, FRM, 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.
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
Risk Manager employer: Capital on Tap
At Capital on Tap, we pride ourselves on being an exceptional employer that champions the growth and well-being of our employees. With a vibrant work culture that fosters inclusivity and innovation, we offer a range of benefits including private healthcare, generous holiday allowances, and a commitment to professional development. Located in the heart of London, our hybrid working model allows for flexibility while being part of a dynamic team dedicated to empowering small businesses.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Capital on Tap looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Capital on Tap. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Capital on Tap
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Capital on Tap’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
