At a Glance
- Tasks: Manage and embed risk frameworks while collaborating across all business functions.
- Company: Join a forward-thinking bank focused on operational excellence and risk management.
- Benefits: Enjoy a competitive salary, 25 days holiday plus your birthday off, and hybrid working.
- Other info: Dynamic work environment with opportunities for professional growth and development.
- Why this job: Make a real impact in risk management and enhance the bank's operational resilience.
- Qualifications: 5+ years in operations risk, strong analytical skills, and excellent communication.
The predicted salary is between 50000 - 60000 £ per year.
As an Enterprise Risk Framework Manager you will liaise closely with all business functions, with a responsibility for successfully embedding internal processes, systems, and managing losses arising from unauthorised activities, error, omission, inefficiency, fraud, systems failure or external events. This role can be based at either Manchester or Wrexham.
Key Responsibilities
- Support with the definition and embedding of minimum standards and processes and the governance structure for operational risk and internal control.
- Support the bank to embed Chetwood's risk management framework and the operational risk management policy.
- Provide support for the implementation and embedding of a ‘three lines of defence’ model for the management of risk.
- Maintain effective working relationships across all three lines of defence, enhancing risk’s value to the business.
- Provide oversight and challenge of risk and control self-assessments (‘RCSAs’) completed by the business, which are used to identify and assess the material business risks and controls.
- Design and conduct control testing to ensure the Bank's controls are operating effectively.
- Support the senior manager, enterprise risk & assurance with principal risk analysis, which provides management with a quantified view of specific operational risks.
- Oversight the activity to refresh the assessment of risks, providing insight and advice and facilitating discussion with the bank's 1st line risk function.
- Reporting of internal issues and incidents, which are used to forecast typical losses, also utilising external data, which is used to inform risk assessments.
- Supporting the 1st line with management of issues and incidents to completion.
- Support 1st line projects by informing and offering guidance for the avoidance or treatment of risk.
- Assessment and management of operational risk within the risk appetite of Chetwood.
- Support the senior manager, enterprise risk and assurance with the ICAAP operational risk assessment process and facilitate the production of the ICAAP statement to the PRA.
- Provide subject matter expert knowledge and support at governance forums.
- Supporting the risk reporting process and the Risk Appetite Statement (both annual review and reporting).
Skills, Knowledge & Expertise
- A minimum of 5 years’ experience within an operations risk role.
- Excellent analytical ability, familiarity with associated tools.
- Knowledge of the UK financial services regulatory environment.
- An ability to think innovatively and broadly across the risk spectrum.
- Knowledge of regulatory capital requirements an advantage.
- Excellent communication and stakeholder management skills.
- Strong communication skills.
Job Benefits
- Competitive salary
- 25 days holiday PLUS your BIRTHDAY off
- Pension contribution with Royal London
- Life Assurance
- Private medical, dental and optical health insurance with Axa
- Hybrid working
- Free breakfast available
Enterprise Risk Framework Manager - Manchester employer: Chetwood Bank
Chetwood is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary alongside generous benefits such as 25 days of holiday plus your birthday off, and comprehensive health insurance. With a collaborative work culture in either Manchester or Wrexham, employees are encouraged to innovate and engage across all business functions, ensuring meaningful contributions to the operational risk landscape while enjoying the flexibility of hybrid working arrangements.
StudySmarter Expert Advice🤫
We think this is how you could land Enterprise Risk Framework Manager - Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management framework. Be ready to discuss how your experience aligns with their needs, especially around operational risk and internal controls.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers, especially when discussing past experiences in risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Enterprise Risk Framework Manager - Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Enterprise Risk Framework Manager role. Highlight your experience in operational risk and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the responsibilities listed in the job description. We love a good story!
Showcase Your Analytical Skills:Since this role requires excellent analytical ability, make sure to highlight any tools or methodologies you've used in your previous roles. We want to see how you approach problem-solving and risk management!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Chetwood Bank
✨Know Your Risk Frameworks
Make sure you brush up on the key risk management frameworks, especially the 'three lines of defence' model. Be ready to discuss how you've implemented or supported similar frameworks in your previous roles.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities. Think about times when you've used data to identify risks or improve processes. This will demonstrate your familiarity with the tools and techniques relevant to the role.
✨Communicate Effectively
Since this role involves liaising with various business functions, practice articulating your thoughts clearly. Use examples from your past experiences to show how you've successfully managed stakeholder relationships and communicated complex information.
✨Understand Regulatory Requirements
Familiarise yourself with the UK financial services regulatory environment and any recent changes. Being able to discuss these topics will show that you're not only knowledgeable but also proactive about staying updated in your field.
