At a Glance
- Tasks: Manage operational risk and embed effective processes across the bank.
- Company: Join Chetwood Bank, a forward-thinking digital bank in the UK.
- Benefits: Enjoy 25 days holiday, your birthday off, and private health insurance.
- Other info: Hybrid working and excellent career growth opportunities await you.
- Why this job: Make a real impact on risk management in a dynamic banking environment.
- Qualifications: 5+ years in operations risk with strong analytical and communication skills.
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 risks 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 and 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.
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
About Chetwood Bank
We're a UK-based digital bank dedicated to getting the basics right and offering straightforward savings and mortgages.
Enterprise Risk Framework Manager - Manchester employer: Chetwood Bank
Chetwood Bank is an exceptional employer, offering a dynamic work environment in Manchester that fosters collaboration and innovation. With a strong focus on employee well-being, we provide competitive salaries, generous holiday allowances including your birthday off, and comprehensive health insurance. Our commitment to professional growth is evident through opportunities for skill development and the chance to make a meaningful impact within the financial services sector.
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 culture. Understand their risk management framework and be ready to discuss how your experience aligns with their needs. We want to see you shine!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to operational risk. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨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 take that extra step to engage with us directly.
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 at Chetwood Bank. Share specific examples of your past experiences that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills:Since this role requires excellent analytical ability, make sure to include examples of how you've used these skills in previous positions. We love seeing how you’ve tackled challenges and contributed to risk management processes!
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 on joining our team at Chetwood Bank!
How to prepare for a job interview at Chetwood Bank
✨Know Your Risk Frameworks
Make sure you brush up on the specifics of risk management frameworks, especially the three lines of defence model. Be ready to discuss how you've successfully embedded similar processes in your previous roles.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities and familiarity with tools used in operational risk assessment. Think about times when your analysis led to significant improvements or insights in your past positions.
✨Communicate Effectively
Since this role involves liaising with various business functions, practice articulating complex risk concepts in a clear and concise manner. Use examples from your experience to demonstrate your strong communication and stakeholder management skills.
✨Understand Regulatory Environments
Familiarise yourself with the UK financial services regulatory environment and any recent changes. Being able to discuss how these regulations impact operational risk will show that you're not just knowledgeable but also proactive in staying updated.
