At a Glance
- Tasks: Identify and manage risks while embedding effective controls across the organisation.
- Company: Leading global bank with a strong focus on risk management.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Collaborate with senior stakeholders and contribute to continuous improvement in risk management.
- Why this job: Make a real impact by fostering a strong risk culture in a reputable financial institution.
- Qualifications: Significant experience in business risk or operational risk roles, preferably in financial services.
The predicted salary is between 60000 - 80000 £ per year.
Our client, a leading global bank, is looking to hire a Business Risk Manager sitting within the first line of defence. This role will work closely with senior stakeholders across a range of business functions. You will be responsible for identifying, managing and mitigating risk, embedding effective controls, and fostering a strong risk culture across the organisation. The position requires significant experience in a senior first‑line business risk, operational risk, or control role, ideally within financial services or another highly regulated environment. Demonstrated experience leading RCSAs, control assurance, and issues management across a business area or function. Emerging markets exposure previously, preferable.
Job Requirements
- Act as the first‑line risk partner to the business, supporting the identification, ownership, management, and control of risks arising from day‑to‑day activities.
- Lead and maintain Risk and Control Self-Assessments (RCSAs), ensuring that risks, controls, and mitigating actions are accurately documented and kept up to date.
- Support the design, implementation, and ongoing effectiveness of key controls, working with business owners to address control gaps and weaknesses.
- Oversee the identification, escalation, and remediation of operational risk events and issues, including root cause analysis and the tracking of management actions.
- Promote a strong risk and control culture through training, stakeholder engagement, and ongoing awareness initiatives.
- Act as a key liaison with second‑line risk, compliance, and internal audit, supporting reviews, responding to findings, and ensuring timely closure of actions.
- Contribute to the continuous improvement of first‑line risk management tools and processes.
- Provide practical risk advice and constructive challenge to support risk‑informed decision‑making across change initiatives, new products, outsourcing arrangements, technology projects, and process re‑engineering, ensuring risks are identified and managed from the design stage.
- Strong ability to interpret and apply risk appetite, frameworks, and policies to both strategic and operational decision‑making.
- Proven credibility in advising and constructively challenging senior stakeholders while balancing risk management with commercial objectives.
Unless otherwise stated, candidates must have the right to work in the UK.
Risk & Control Manager – 1LOD employer: CLARC Recruitment
As a leading global bank, we pride ourselves on fostering a dynamic work environment that champions employee growth and development. Our culture is built on collaboration and innovation, providing ample opportunities for professional advancement while ensuring a strong focus on risk management and control. Located in the heart of the financial district, we offer competitive benefits and a commitment to work-life balance, making us an exceptional employer for those seeking meaningful and rewarding careers in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Control Manager – 1LOD
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like CLARC Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk & Control Manager – 1LOD
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CLARC Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CLARC Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CLARC Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CLARC Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at CLARC Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CLARC Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
