At a Glance
- Tasks: Lead risk management initiatives and ensure compliance with industry standards.
- Company: Join Connells Group, a leader in economic crime risk management.
- Benefits: Competitive salary, leadership opportunities, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional growth.
- Why this job: Make a significant impact on economic crime risk strategies across the organisation.
- Qualifications: Proven experience in risk management and strong leadership skills.
The predicted salary is between 70000 - 90000 £ per year.
The Head of Risk, Controls Reporting is a senior leadership role where you will have functional responsibility for key aspects of the Connells' economic crime risk management framework including Risk Assessment, Quality Assurance, Risk Appetite and MI Reporting. This covers all relevant risk types (Sanctions; Money Laundering; Terrorist Financing; Proliferation Financing; Fraud (Internal and External); Anti-Bribery and Corruption; Facilitation of Tax Evasion; and Insider Risk), and all businesses and branches across the Connells Group.
Your key responsibilities will include:
- Ensuring that processes are in place which meet Regulatory expectations and industry best practice and that robust processes are in place with regard to control remediation (tracking) as required.
- Ensuring that all relevant senior management receive the output of the Risk Assessment in a clear and timely manner so that they have the necessary understanding of economic crime risks as is necessary in order for them to discharge their responsibilities in an informed way.
- With respect to Quality Assurance, ensuring that a framework of mechanisms/processes is in place which collectively meet Regulatory expectations and industry best practice with regard to providing independent 2nd Line assurance around key 1st Line economic crime controls across Connells Group.
Risk, Controls & Reporting Lead in Milton Keynes employer: Connells Group HQ
Connells Group is an exceptional employer that prioritises employee development and fosters a collaborative work culture. With a strong commitment to regulatory compliance and risk management, employees in the Risk, Controls & Reporting Lead role will benefit from comprehensive training opportunities and the chance to make a significant impact across the organisation. Located in a dynamic environment, Connells offers a supportive atmosphere where innovation and integrity are at the forefront, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Risk, Controls & Reporting Lead in Milton Keynes
✨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 approach to risk management and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk assessment and controls. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Risk, Controls & Reporting Lead in Milton Keynes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Risk, Controls & Reporting Lead. Highlight your experience in risk management and any relevant frameworks you've worked with. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about economic crime risk management and how you can contribute to our team. Keep it engaging and personal – we love to see your personality!
Showcase Relevant Experience:When filling out your application, be sure to showcase your experience with regulatory expectations and industry best practices. We’re looking for specific examples that demonstrate your expertise in managing risks and controls.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy!
How to prepare for a job interview at Connells Group HQ
✨Know Your Risk Frameworks
Make sure you’re well-versed in the economic crime risk management frameworks relevant to the role. Brush up on key concepts like Risk Assessment, Quality Assurance, and MI Reporting. Being able to discuss these confidently will show that you understand the landscape and can hit the ground running.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific risk scenarios, such as money laundering or fraud. Prepare examples from your past experience where you successfully managed similar risks. This will demonstrate your practical knowledge and problem-solving skills.
✨Understand Regulatory Expectations
Familiarise yourself with the regulatory requirements that govern economic crime risk management. Be ready to discuss how you’ve ensured compliance in previous roles. This shows that you not only know the theory but also how to apply it in a real-world context.
✨Engage with Stakeholders
Highlight your experience in coordinating with various stakeholders. Be prepared to discuss how you’ve communicated complex risk information to senior management in a clear and concise manner. This is crucial for the role, so showcasing your communication skills will set you apart.
