Risk Manager

Risk Manager

Full-Time 63000 - 77000 £ / year (est.) No working from home possible
GB Bank Limited

At a Glance

  • Tasks: Support and advise on risk management across the bank, ensuring effective governance.
  • Company: Join one of the UK's fastest growing and award-winning banks.
  • Benefits: Competitive salary, generous holiday, private medical cover, and a strong pension contribution.
  • Other info: Exciting career progression opportunities in a supportive and inclusive culture.
  • Why this job: Be part of a dynamic team making a real impact in a start-up bank environment.
  • Qualifications: Experience in financial services or risk, with strong communication and problem-solving skills.

The predicted salary is between 63000 - 77000 £ per year.

About us

Join one of the UK’s fastest growing and award-winning banks.

We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks.

As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision.

At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere.

Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact.

We take pride in fostering an open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.

In this role, you will

This is a broad, hands-on second line Risk Manager role, responsible for supporting, advising and challenging colleagues across the Bank on the identification, assessment, management and reporting of risk across all relevant risk types.

The role holder will work closely with business areas and the wider second line team to promote, embed and maintain the Bank’s Risk Management Framework, strengthen risk culture and support effective governance and oversight.

The role requires, as a broad risk role an individual who can provide practical risk input, independent guidance and constructive challenge across risk and governance matters while helping the business understand, own and manage its risks effectively.

Key areas of responsibility

  • Perform all activities as delegated by the Head of Risk.
  • Act as a trusted Risk Business Partner to allocated business areas, providing proportionate advice, support and constructive challenge on risk matters.
  • Capture and assess risk events, working with the business to agree root cause, remedial actions, ownership, timelines and any wider implications.
  • Support new initiatives projects and change activity by helping identify, assess, monitoring, and manage risks throughout the project lifecycle.
  • Lead and support the development of risk management capabilities across the business (e. g. risk appetite, policies, framework, processes, RCSAs, risk event reporting, scenario analysis, MI, etc.)
  • Provide Line 2 advice & challenge to all business areas in relation to risk management.
  • Lead operational scenario analysis to support capital assessments.
  • Assist the Risk Team in developing and implementing standards and policies in line with the Group’s Risk Management Framework.
  • Build effective relationships across the business and assist in shaping and raising the profile of Risk, promote leading practices and continuous improvement.
  • Identify risks, assess the effectiveness of control design and operation, and ensure that any control gaps are tracked, owned and remediated within agreed timescales.
  • Conduct reviews and challenge of departmental process level risk assessments.
  • Support the Risk team in embedding reporting of risk events and maintenance of the risk register.
  • Provide ongoing risk input and support for projects.
  • Maintain awareness of key business activities and emerging risks, identifying areas where further second line of oversight / activity may be required.
  • Preparing and delivering risk reports for internal stakeholders and regulatory bodies that meet regulatory expectations and internal standards.
  • Manage the preparation of management information and regular reporting for committees i. e. Executive Risk Committee and Board Risk Committee.
  • Lead the delivery of risk-based monitoring reviews across a range of areas.
  • Embed a methodology for ongoing monitoring reviews, including planning, testing, and reporting phases.
  • Attend risk and governance committees as required.
  • Maintain all systems-based records in an accurate and timely manner.

A bit about you – You are/have

  • Detail oriented and focused with the ability to manage multiple competing priorities and stakeholders.
  • Relevant experience within a financial services environment and Risk function. However, experience in Internal Audit or Compliance roles would be considered.
  • Strong technical knowledge of risk and control frameworks.
  • Strong skills around planning, organisation, and prioritisation.
  • Resilient and an ability to adapt and work in an environment of change and ambiguity.
  • Advanced Microsoft Office (Excel, Power Point, and Word).
  • Effective communication and presentation skills.
  • Strong attention to detail is essential.
  • Excited by the opportunity to work in a start-up bank with a real purpose.
  • High energy, enthusiastic and can-do mindset.
  • Clear communicator with excellent stakeholder management skills.
  • Exceptional problems solving skills.
  • Confident, articulate self-starter.
  • Professional qualifications
  • Degree/Higher Education Institute (HEI) qualifications are favourable, but not required
  • Professional accreditations from recognised industry bodies would be favourable (but not mandatory) and a commitment to continual personal development
  • Demonstrable experience in relevant roles and organisations is favourable

What we can offer you

  • 8% company pension contribution and 3% individual contribution (which you can opt to increase)
  • 25 days holiday every year plus bank holidays on top
  • Private medical cover with BUPA - includes no excess + you can add family through salary sacrifice
  • Death in service at 4 x base salary with Aviva
  • Mental health support - through a helpline and counselling sessions
  • Enhanced maternity, paternity and adoption leave

What else do I need to know?

  • Location: London with a strong office presence
  • Salary: Competitive
  • Hours: 35 Hours per week

We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.

At GB Bank, we value privacy and data protection rights.

We have longstanding data protection culture and promote robust ethical standards in data management.

Please read our Privacy Noticein relation to our recruitment activities before submitting your application to work with us.

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Risk Manager employer: GB Bank Limited

GB Bank Limited is an exceptional employer located in the vibrant area of Mayfair, London, offering a dynamic work culture that fosters collaboration and innovation. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to maintaining a healthy work-life balance. Join us to be part of a forward-thinking team dedicated to excellence in regulatory reporting and risk management.

GB Bank Limited

Contact Details:

GB Bank Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Manager

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 GB Bank Limited. 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 Manager

Risk Management
Stakeholder Management
Analytical Skills
Attention to Detail
Communication Skills
Project Management
Problem-Solving Skills

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 GB Bank Limited.

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 GB Bank Limited'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 GB Bank Limited

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 GB Bank Limited.

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 GB Bank Limited 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 GB Bank Limited 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.