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- Tasks: Implement risk strategies and monitor seller compliance to prevent fraud.
- Company: Join a dynamic company focused on minimizing risks and maximizing revenue.
- Benefits: Enjoy a collaborative work environment with opportunities for growth and development.
- Why this job: Be part of a proactive team that protects the business and enhances its reputation.
- Qualifications: Ideal for detail-oriented individuals with a passion for risk management and compliance.
- Other info: Opportunity to work closely with senior leadership and make a real impact.
The predicted salary is between 28800 - 42000 £ per year.
As the Risk Administrator your primary responsibility will be the implementation of the risk strategy as agreed with the Head of Risk and senior leadership team, ensuring that appropriate action is taken on the outputs from the team’s key performance metrics and business processes that detect and prevent fraudulent activities. The overall objective of this role is to minimise financial, legal and reputation risks (losses) to the company, which will help in enabling the company to maximise revenue through a balanced risk strategy. The business will be looking to you to take proactive risk mitigation actions to help protect the business from the current, new and emerging risks faced across both our seller and buyer populations.Key Responsibilities: Seller Risk Mitigation Monitor and investigate developing risks across all of the businesses sellers. Support the Risk Manager and Head of Risk to continually improve and develop the team’s KPIs and reports. Monitor Seller compliance with our Terms and Conditions of trading and associated policies. Liaise with sellers to understand and address poor performance, taking decisive action to mitigate risk when necessary. Product Compliance & Violations Monitor and investigate reports made to the Product Violation desk. Support the Risk Manager and Head of Risk to continually improve and develop scalable processes for both proactive product compliance, and reactive compliance based on reports from third part…
Risk Administrator employer: Hays Specialist Recruitment Limited
Contact Detail:
Hays Specialist Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Administrator
✨Tip Number 1
Familiarize yourself with the key performance metrics and business processes related to risk management. Understanding these will help you demonstrate your ability to implement the risk strategy effectively during the interview.
✨Tip Number 2
Stay updated on current trends in fraud prevention and risk mitigation. Being knowledgeable about emerging risks will show that you are proactive and ready to tackle challenges head-on.
✨Tip Number 3
Prepare examples from your past experiences where you successfully identified and mitigated risks. This will help you illustrate your problem-solving skills and your ability to take decisive action when necessary.
✨Tip Number 4
Network with professionals in the risk management field. Engaging with others can provide insights into best practices and may even lead to valuable connections that could support your application.
We think you need these skills to ace Risk Administrator
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Risk Administrator position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience related to risk management, compliance, or fraud prevention. Use specific examples that demonstrate your ability to mitigate risks and improve processes.
Showcase Analytical Skills: Since the role involves monitoring key performance metrics, be sure to mention any analytical skills or tools you are familiar with. Discuss how you've used data to make informed decisions in past roles.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific needs of the company. Mention how your proactive approach to risk mitigation aligns with their goals and how you can contribute to minimizing financial and reputational risks.
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Understand the Risk Strategy
Make sure you have a solid grasp of the company's risk strategy and how it aligns with the overall business objectives. Be prepared to discuss how you can contribute to implementing this strategy effectively.
✨Showcase Your Analytical Skills
As a Risk Administrator, you'll need strong analytical skills. Prepare examples from your past experiences where you've successfully identified risks and implemented mitigation strategies. This will demonstrate your capability in monitoring and investigating risks.
✨Familiarize Yourself with Compliance Standards
Research the relevant compliance standards and regulations that apply to the industry. Being knowledgeable about these will show that you understand the importance of compliance in risk management and are ready to ensure adherence.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities in risk situations. Think through potential risks that could arise in the role and how you would address them, showcasing your proactive approach to risk mitigation.
