Risk and Assurance Manager in Manchester

Risk and Assurance Manager in Manchester

Manchester Full-Time 36000 - 60000 £ / year (est.) No working from home possible
Evolution Money

At a Glance

  • Tasks: Lead risk and assurance activities, ensuring effective governance and risk management.
  • Company: Join Evolution Money, a B Corp redefining financial inclusivity.
  • Benefits: Enjoy up to 25 days' leave, birthday off, healthcare plan, and pension scheme.
  • Other info: Be part of a diverse team committed to creativity and collaboration.
  • Why this job: Make a real impact in financial services while growing your career.
  • Qualifications: Experience in risk, compliance, or assurance within financial services is essential.

The predicted salary is between 36000 - 60000 £ per year.

Providing bespoke lending solutions to UK homeowners. We are committed to empowering individuals and fostering long-term financial well-being. Through innovative and purpose-driven approaches, we aim to challenge traditional norms and create a pathway for those who might be overlooked by conventional financial institutions.

About the team: The Compliance, Oversight, Risk and Assurance team ensures the organisation meets regulatory expectations, manages key risks, and maintains strong governance. The team covers a range of specialist areas including Compliance Oversight, Outcomes Monitoring, Conduct Risk, Horizon Scanning, Regulatory Liaison, Data Protection, Financial Crime, Regulatory Policy, Governance, Whistleblowing, Complaints, Customer Communications, Consumer Duty reporting, and regulatory permissions. Within the team, the Risk & Assurance function provides independent challenge and oversight. Assurance delivers objective testing of controls and oversight mechanisms, giving evidence that risks are well managed and controls operate effectively. Risk Management oversees the Enterprise Risk Management framework, including risk appetite, incident management, monitoring, and reporting. Together, these functions help ensure risks are understood, controls remain effective, and the organisation operates safely and compliantly.

The role: Part of the Compliance, Oversight, Risk, and Assurance team, reporting to the Director of Risk & Compliance, you will be responsible for leading the organisation's Risk & Assurance activities. This includes delivering independent assurance reviews that validate the effectiveness of key controls and oversight mechanisms and managing the Enterprise Risk Management framework to ensure risks are identified, assessed, and managed in line with the organisation's risk appetite. You will provide expert challenge, insight, and reporting to senior leaders, helping to strengthen governance, improve control effectiveness, and support a strong risk culture across the business.

Responsibilities:

  • Support the Director of Risk & Compliance in all relevant risk & assurance activities across the Evolution Group of companies.
  • Effectively manage the Risk and Assurance team to execute the Risk & Assurance Plan, ensuring alignment with regulatory expectations, emerging risks, and organisational priorities.
  • Lead the delivery of independent assurance reviews to assess the effectiveness of first line controls, oversight mechanisms, and risk management practices.
  • Produce clear, high-quality assurance reports with actionable findings, recommendations, and insights for senior leadership and governance committees.
  • Oversee the Enterprise Risk Management (ERM) framework, ensuring risks are identified, assessed, monitored, and reported consistently across the organisation.
  • Manage the risk appetite framework, supporting the organisation in setting, reviewing, and operating within agreed thresholds.
  • Lead the investigation, analysis, and reporting of risk incidents, ensuring root causes are understood and corrective actions are implemented.
  • Provide expert challenge and guidance to business areas on risk exposures, control effectiveness, and remediation plans.
  • Maintain risk registers, dashboards, and reporting packs, ensuring timely and accurate information for executive and board-level committees.
  • Support horizon scanning by identifying emerging risks, themes, and regulatory developments that may impact the organisation.
  • Strengthen risk culture through engagement, training, and proactive support to first line teams.
  • Liaise with internal and external auditors, regulators, and other assurance providers to ensure effective coordination and consistent messaging.
  • Drive continuous improvement across both risk and assurance activities, embedding best practices and enhancing organisational resilience.
  • Support the Compliance & Oversight team, as required, to deliver on the directorate's objectives.

Benefits:

  • Up to 25 days' annual leave + Bank Holidays
  • Your birthday off, every year!
  • A healthcare cash plan
  • A contributory pensions scheme, matched up to 5%
  • Long Service Awards
  • Cycle to work scheme
  • Life Assurance

Company Culture: Join us on our journey to redefine financial inclusivity. As we continue to evolve, so do the possibilities for those we serve. Our goal is not just to provide loans but to architect a future where financial empowerment is a reality for everyone. At Evolution Money, we value creativity, innovation, and a collaborative spirit. Our team is dedicated to delivering exceptional results and creating a positive impact in the financial services industry. We believe in fostering a work environment that encourages growth, learning, and teamwork. We are committed to encouraging equality, diversity and inclusion and aim to create a working environment where every employee is respected.

Qualifications:

  • A good standard of verbal and written communication in English.
  • Proven experience in a Risk, Assurance, Compliance, Internal Audit, or related governance function within financial services or a regulated environment.
  • Strong background in delivering assurance reviews, control testing, or audit engagements, with the ability to produce clear, evidence-based reports.
  • Practical experience managing or operating within an Enterprise Risk Management (ERM) framework, including risk identification, assessment, and monitoring.
  • Hands-on experience with risk appetite, risk incidents, and root-cause analysis, including tracking and validating remediation actions.
  • Demonstrated ability to analyse complex control environments and provide effective challenge to senior stakeholders.
  • Experience designing or improving risk and control frameworks, policies, or methodologies.
  • Strong understanding of regulatory expectations and governance requirements relevant to the sector (e.g., FCA, PRA, Consumer Duty, financial crime obligations).
  • Proven experience producing high-quality risk and assurance reporting for committees, senior leadership, or boards.
  • Ability to manage multiple assurance and risk activities simultaneously, often to tight deadlines.
  • Intelligent, articulate, and persuasive individual, who can communicate risk and assurance related concepts to both technical and non-technical staff.
  • Excellent time management skills and ability to effectively manage changes to priorities and deadlines.
  • Excellent communication and organisational skills.
  • Experience of providing feedback/coaching in a constructive manner.
  • The ability to clearly express ideas and communicate succinctly across a range of colleagues, including senior managers.
  • Ability to work as a member of a team and upon own initiative.

Desirable:

  • Professional qualifications such as IRM, ICA, IIA, ISO-based certifications, or equivalent risk/assurance accreditations.
  • Experience designing or embedding risk frameworks, assurance methodologies, or quality assurance programmes.
  • Prior involvement in third party or supplier risk assessments, including audit coordination.
  • Experience working with Consumer Duty, conduct risk frameworks, or outcomes monitoring.
  • Exposure to data governance, data protection, or financial crime risk environments.
  • Experience using GRC or risk management software/tools to support reporting and analysis.
  • Understanding of horizon scanning techniques and emerging risk identification.
  • Previous experience presenting at senior leadership or board-level committees.
  • Background in fast growth, change heavy, or multi regulated environments.

Disability Confident: A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer.

Risk and Assurance Manager in Manchester employer: Evolution Money

At Evolution Money, we pride ourselves on being an exceptional employer that champions financial inclusivity and empowers our employees to thrive. Our collaborative work culture fosters creativity and innovation, while our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a healthcare cash plan, and opportunities for professional development. Join us in shaping a future where financial empowerment is accessible to all, and be part of a diverse team that values respect and equality.

Evolution Money

Contact Details:

Evolution Money Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk and Assurance Manager in Manchester

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Ace the Interview

Prepare for your interviews by researching the company and understanding their values. Practice common interview questions and think about how your experience aligns with the role. Remember, we want to see your personality shine through, so be yourself!

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We think you need these skills to ace Risk and Assurance Manager in Manchester

Risk Management
Assurance Reviews
Control Testing
Enterprise Risk Management (ERM)
Root Cause Analysis
Regulatory Compliance
Data Protection

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk and assurance. We want to see how your skills align with our mission of providing bespoke lending solutions and fostering financial well-being.

Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your ability to manage risks and deliver effective assurance reviews. Use metrics where possible to quantify your impact – we love numbers!

Be Clear and Concise:We appreciate clarity! Ensure your written application is easy to read and free from jargon. Use straightforward language to communicate your ideas, especially when discussing complex risk concepts.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity to join Team Evo.

How to prepare for a job interview at Evolution Money

Know Your Risk Frameworks

Before the interview, brush up on your knowledge of Enterprise Risk Management frameworks. Be ready to discuss how you've identified and managed risks in previous roles, as this will show your understanding of the key responsibilities of the Risk and Assurance Manager position.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills. Think of specific examples where you’ve successfully led assurance reviews or managed risk incidents. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.

Showcase Your Communication Skills

As a Risk and Assurance Manager, you'll need to communicate complex concepts to various stakeholders. Prepare to demonstrate your verbal and written communication skills by discussing how you've produced high-quality reports or presented findings to senior leadership in the past.

Emphasise Your Collaborative Spirit

Teamwork is crucial in this role, so be ready to share examples of how you've worked effectively with others, especially in cross-functional teams. Highlight any experience you have in fostering a strong risk culture or engaging with first line teams to enhance their understanding of risk management.