At a Glance
- Tasks: Lead risk management initiatives and strengthen control effectiveness across the bank's business areas.
- Company: Join Chetwood Bank, a forward-thinking digital bank focused on straightforward financial solutions.
- Benefits: Enjoy a competitive salary, 25 days holiday plus your birthday off, and hybrid working options.
- Other info: Opportunity for career growth in a supportive and innovative workplace.
- Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
- Qualifications: Strong banking experience and knowledge of risk management frameworks are essential.
The predicted salary is between 63000 - 77000 £ per year.
As a 1st Line Enterprise Risk Manager, you will play a pivotal role in strengthening risk management across the Bank's complex and higher-risk business areas. Acting as a trusted risk partner to the business, you will champion effective risk ownership, challenge and enhance control effectiveness. You will ensure material risks are identified, assessed, managed and monitored in line with the Bank's Risk Management Framework. You will help drive consistent risk practices, identify opportunities to strengthen the control environment and support the development of a scalable, business-led approach to risk management across the Bank.
Key Responsibilities
- Provide risk oversight and challenge across complex and higher-risk 1st line business units, ensuring alignment with the Bank's RMF.
- Lead RCSA control testing and assurance activity, identifying weaknesses, themes and emerging risks.
- Deliver clear risk insight and MI to support senior decision-making, governance and enterprise risk initiatives.
- Strengthen risk culture and capability through coaching, challenge and promotion of strong risk ownership and accountability.
- Build strong stakeholder relationships across 1st line risk, 2nd line risk, Compliance and 3rd line internal audit.
Skills, Knowledge and Expertise
- Strong banking experience, with exposure to treasury, securitisation, structured finance or complex financial products.
- Experience conducting thematic reviews, identifying trends, control weaknesses, root causes and emerging risks.
- Strong knowledge of RMFs, risk appetite, RAMs, RCSA and 1st line control testing.
- Ability to turn risk insight into action, including effective challenge, remediation and senior-level MI.
- Strong understanding of risk and control interdependencies, enterprise risk aggregation and cross-risk themes.
- Good financial services knowledge, particularly Savings/Deposits, residential and buy-to-let Mortgages, Conduct Risk and customer outcomes.
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 Manager (First Line) - Wrexham employer: Chetwood Bank
As a Senior Business Analyst at our Wrexham location, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive salaries, generous holiday allowances including your birthday off, and comprehensive health insurance, ensuring our employees feel valued and supported. With a strong focus on professional development and the opportunity to lead impactful change initiatives, we are committed to fostering an environment where you can grow and succeed.
StudySmarter Expert Advice🤫
We think this is how you could land Enterprise Risk Manager (First Line) - Wrexham
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Chetwood Bank.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Chetwood Bank might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Enterprise Risk Manager (First Line) - Wrexham
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Chetwood Bank will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Chetwood Bank. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Chetwood Bank confidence in your short-term commitment to the role.
How to prepare for a job interview at Chetwood Bank
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Chetwood Bank.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Chetwood Bank that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
