At a Glance
- Tasks: Evaluate and manage operational risks in Wealth Management, ensuring compliance and effective risk control.
- Company: Join a leading bank's Wealth Management UK Front Office Risk Management Team.
- Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
- Other info: Collaborative team culture with a focus on continuous learning and development.
- Why this job: Make a real impact by supporting risk management in a dynamic financial environment.
- Qualifications: Degree in a relevant field; experience in private banking or wealth management preferred.
The predicted salary is between 36000 - 60000 € per year.
Wealth Management UK Front Office Risk Management Team Contract Until December 2026 London Inside IR35 - PAYE Hybrid Working: 4 days onsite
As a Business Risk Specialist, you will be responsible for supporting the Front Office Risk Management Team in their effective evaluation and management of operational risk incurred through the daily activity of the “domestic & international front” organisation.
Team context: The specialist will work within the Front Office Risk team in the Wealth Management UK Business Risk Organisation, responsible for operational risk evaluation and management in Wealth Management UK. The team supports and advises the front office on processes, policies, and regulatory requirements, interfacing with various management levels and risk control functions. The role requires compliance with the bank’s risk management and control principles, credit and risk policies, and includes project planning, delivery, operational and market risk control, and implementation of agreed processes and tools.
Role responsibilities: The specialist supports the Front Office Risk Management Team by evaluating and managing operational risks from daily activities, ensuring risks are identified, assessed, and mitigated in line with governance principles. Tasks include performing front office desk controls, issuing risk reports quarterly, identifying risk trends, coaching front office staff, participating in project groups, and managing problems effectively.
Candidate requirements: Candidates should have a degree, ideally with risk-related professional qualifications, experience in private banking or wealth management. Experience in compliance, audit, or training is advantageous. Essential skills include being a self-starter, strong written and verbal communication, analytical attention to detail, and data analytics proficiency with tools like Alteryx and Power BI.
Business Risk Specialist in Slough employer: Hays
As a Business Risk Specialist within our Wealth Management UK Front Office Risk Management Team, you will thrive in a dynamic and supportive environment that prioritises employee growth and development. Our hybrid working model allows for a balanced work-life integration, while our commitment to compliance and risk management ensures that you are part of a team that values excellence and innovation. Join us in London, where you will have the opportunity to make a meaningful impact on operational risk management and contribute to the success of our organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Specialist in Slough
✨Tip Number 1
Network like a pro! Reach out to folks in the Wealth Management sector, especially those in risk management. A casual chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of operational risk management. Be ready to discuss how you’ve tackled risks in past roles and how you’d approach challenges in this position.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data analytics tools like Alteryx or Power BI to solve problems. This will set you apart as a candidate who can add real value.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Business Risk Specialist in Slough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Risk Specialist role. Highlight your experience in operational risk management and any relevant qualifications. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background makes you a great fit for our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to highlight your analytical skills and experience with tools like Alteryx and Power BI. We’re keen on candidates who can demonstrate their data analytics proficiency, so make sure to include specific examples!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Hays
✨Know Your Risk Management Basics
Make sure you brush up on the fundamentals of operational risk management. Understand key concepts and be ready to discuss how they apply to the Wealth Management sector. This will show that you’re not just familiar with the theory but can also apply it in practice.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess, especially with tools like Alteryx and Power BI. Bring examples of how you've used data analytics to identify and mitigate risks in previous roles. This will highlight your ability to contribute effectively to the Front Office Risk Management Team.
✨Communicate Clearly and Confidently
Since strong communication is essential for this role, practice articulating your thoughts clearly. Be prepared to explain complex risk concepts in simple terms, as you’ll need to coach front office staff and interface with various management levels.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to evaluate hypothetical risk situations. Think about how you would approach identifying, assessing, and mitigating risks in those scenarios. This will demonstrate your problem-solving skills and your understanding of governance principles.
