At a Glance
- Tasks: Oversee risk management framework and ensure effective risk identification and mitigation.
- Company: Equals Group, a leading fintech company with a focus on customer-centric money management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace diversity and bring your unique perspective to a supportive work environment.
- Why this job: Join a dynamic team and make a real impact on risk management in fintech.
- Qualifications: 5+ years in risk management, strong understanding of risk frameworks and regulatory requirements.
The predicted salary is between 60000 - 75000 £ per year.
Over the last 18 years, Equals Group has helped over a million satisfied customers move and manage their money. Our award-winning product portfolio allows our customers to make low-cost multi-currency payments across various payment products. From travel money to transfers, currency hedging, to expense management, open banking to card acquiring, we are focused on a single goal of making it easy for our customers to manage and move their money.
As a business, we are committed to delivering value to our customers through the combination of advanced payments technology and personal expert service. With our offices in London, Chester, Brussels, Amsterdam and Los Angeles, the Group operates a portfolio of successful and exciting business lines and brands; Equals Money, FairFX and Railsr in the UK and EU. You will join a very close-knit, talented and supportive team from various backgrounds who believe that bringing different perspectives together helps us understand our customers' needs. United, by one thing, making money management straightforward and cost-effective for our customers.
About the Role
The Risk Manager will be responsible for and will support and oversee the organisation’s risk management framework across the Group, ensuring risks are effectively identified, assessed, monitored, and mitigated. This roleholder will ensure and strengthen the Group’s risk culture, enhance risk awareness across business units, and ensure compliance with regulatory requirements. The Risk Manager will need to collaborate closely with the Group’s senior leadership, risk champions, and cross-functional teams to embed strong risk culture and controls.
Responsibilities
- Maintain and update risk registers in line with the organisation’s risk appetite.
- Support the development and monitoring of key risk indicators (KRIs) and controls.
- Lead and coordinate risk assessments, ensuring appropriate mitigation strategies are implemented.
- Conduct regular reviews and help with testing to assess the effectiveness of controls.
- Investigate Risk Events and oversee resolution, ensuring lessons learned are captured and applied.
Promoting a Strong Risk Culture
- Act as a point of contact for risk-related queries across the Group.
- Coordinate and support a network of risk champions to embed risk practices within business units.
- Deliver training and guidance to promote proactive risk awareness and escalation.
Risk Reporting and Insights
- Prepare risk reports and dashboards for senior leadership, risk committees, and governance forums.
- Provide insights into enterprise risks, highlighting exposures, trends, and emerging risks.
- Monitor risks against the organisation’s risk appetite and elevate breaches appropriately.
Collaboration and Continuous Improvement
- Partner with different functions to align risk practices with regulatory and business needs.
- Collaborate with internal teams to strengthen risk identification and mitigation.
- Contribute to enhancements in risk tools, processes, and reporting systems.
- Stay informed on industry trends, regulatory changes, and emerging risks.
Core Competencies
- Team Collaboration: Builds effective relationships across teams and engages risk champions to embed risk culture.
- Technical Acumen: Strong understanding of ERM frameworks, operational risk management, and financial risk in fintech.
- Analytical Skills: Skilled in interpreting risk data, developing KRIs, and recommending mitigation strategies.
- Attention to Detail: Ensures accuracy, consistency, and traceability in risk documentation and reporting.
- Stakeholder Engagement: Confident in engaging senior leaders and providing actionable insights.
- Communication Skills: Able to prepare and deliver high-quality reports, dashboards, and training sessions.
5+ years in a risk management, operational risk, or ERM role, ideally in fintech, consulting and/or financial services sectors. Strong knowledge of risk frameworks, controls testing, and regulatory requirements under FCA (UK) and DORA (EU). Familiarity with risk reporting tools, dashboards, and data analysis. Exposure to financial services and payments/e‑money related risks, and/or embedded finance models (desirable).
Nice to have
Experience working with the NBB (Belgium).
The Group strives to create a workplace where we can all be ourselves. We believe in inclusion, equality and the power of diversity, so you'll be encouraged to bring your unique perspectives and experiences, and help us understand what you need to do your best work.
Risk Manager employer: equals
Equals Group is an exceptional employer that fosters a collaborative and inclusive work culture, where diverse perspectives are valued and encouraged. With a strong commitment to employee growth, we offer continuous training and development opportunities, ensuring our team members thrive in their roles. Located in vibrant cities like London and Amsterdam, we provide a dynamic environment that supports innovation and personal development, making it an ideal place for those seeking meaningful and rewarding careers in the fintech sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like equals looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at equals. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at equals
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with equals’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
