fixed term contractuntilJanuary2028(maternitycover)
Working hours: 35 hours per week is full time. Where possible, we are open to considering part time/flexible working patterns. Please let us know in your application your desired working pattern.
Location: London Docklands / Hybrid
Reporting to: Head of Risk and Assurance
By joining our team,you'llenjoy the best of both worlds – hybrid working and the collaboration of a great officeenvironment,aswell as extensive opportunities for personal and career development.
About Us
The Financial Ombudsman Service is an independent, not-for-profit organisation that plays a vital role in UK financial services. Every day we help resolve disputes between consumers, or small businesses, and their financial service providers.
This role supports the Head of Risk and Assurance in strengthening the organisation’s risk management and assurance frameworks, ensuring effective governance and informed decision-making during change. It partners with senior leaders to embed a strong risk culture, oversee risk reporting and assurance activities, develop risk appetite measures and key risk indicators, lead reviews and investigations, and drive continuous improvement in risk capability, controls, and governance processes while managing and developing the risk and assurance team.
This is an excitingperiod within the risk teamaswe are makingbig stridesforward in how we support the organisation. At the start of this year we launched our new risk management tool, provided byCorestream,whichis enabling significant improvements in our risk management practice and culture. In addition,this year we have been taking forward a major project toenhance our approach to risk appetite, withhigh levelsof engagement from our wider SLT. The role willprovideagreatopportunityto build on these developments tofurther strengthen our organisational approach to risk management.
What You’ll Do
- Support the Head of Risk and Assurance in overseeing team delivery and ensuring risk and assurance activities are delivered to plan.
- Lead the development and continuous improvement of risk management,assuranceand control frameworks across theorganisation.
- Partner with stakeholders toidentify, assess and manage risks,providingexpert advice,challengeand guidance.
- Produce high-quality risk and assurance reporting for senior leaders, ExecutiveCommitteesand governance forums.
- Conduct risk reviews and deep dives to evaluate risk exposure, controleffectivenessand alignment with risk appetite.
- Work closely with Internal Audit and business leaders to strengthen governance, riskmanagementand assurance arrangements.
- Lead and support investigations, reviews and lessons learned activities, including whistleblowing and control-related matters.
- Coach and develop team members, ensuring they have the skills, training and support needed to deliver excellent outcomes.
- Professionalqualificationin Risk Management, Governance or Assurance (IRM) or equivalent demonstrable experience.
- Demonstrable experience applying risk managementframeworksandassurancemodels(such as ISO 31000, COSO ERMandthe Three Lines Model).
- Experience producing and presenting risk and assurance reports for senior leadership,Boardsor governance committees.
- Strong knowledge of risk management principles, including risk appetite, key risk indicators (KRIs)andcontrol assurance.
- Knowledge of the UK Corporate Governance Code, HMT OrangeBookand control self-assessment methodologies.
What you’ll bring
- Strong relationship-building skills with the ability to influence and challenge stakeholders at all levels.
- Experience managing and developing team members through coaching, mentoring and performance support, with a commitment to developing others.
- Excellent communication skills, with the ability to explain complex risk concepts in a clear and engaging way.
- Proactive and collaborative approach, with the ability to work effectively across teams and functions.
- Analytical and solution-focused mindset, with strong judgement and decision-making skills.
- Strong delivery focus,and ability to manage multiple deliverables with different stakeholders efficiently and effectively.
Why You’ll Love Working With Us
Growth
We invest in your future with (courses, mentorship, promotions)
We also offer an attractive, competitive salary and flexible benefits to suit our people.Here’sa list of some of the many benefits and perks you can get for working with us:
- 25 days holiday entitlement, with theoptionto buy extra or sell days
- Various Family Friendly Policies, including enhanced maternity pay, carers and dependants leave
- Employer provided benefits such as Private medical insurance, virtual GP, Critical illness cover, Life assurance cover, to name a few
- Choice of voluntary benefits including Technology scheme, Cycle to work scheme, Will-writing service amongst others
- Gym membership discounts, and a fully equipped on-site gym open 24/7 in Londononly
The Financial Ombudsman is an Equal Opportunity Employer.
We celebrate diversity and are committed to creating an inclusive environment for all teamWe view diversity as fundamental to our success and welcome applications from underrepresented groups across all communities. Please click on the link below to find out more
We are proud to be a Disability Confident Leader and, under the scheme, will progress a fair and proportionate number of disabled applicants who meet theminimumcriteria for the role to interview. Interviews may be conducted via video, telephone, or a panel Interview, with some vacancies requiring an online assessment to measure theminimumcriteria.
Authenticity of applications
We value authentic personal applications. If wedeterminethat your CV or supporting statement was generated using AI tools, your application may be withdrawn from consideration.
Risk and Assurance Manager (Maternity Cover) • London
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Risk And Assurance Manager (Maternity Cover) in London employer: Financial Ombudsman Services
The Financial Ombudsman Service is an excellent employer, offering a dynamic work environment where your expertise in data protection can make a real impact. With a strong focus on employee growth and development, you will have access to ongoing training and collaborative opportunities in a hybrid setting that promotes work-life balance. Join us to be part of a supportive culture that values analytical skills and attention to detail, all while contributing to the integrity of the financial services sector.
Contact Details:
Financial Ombudsman Services Recruitment Team