At a Glance
- Tasks: Lead risk management initiatives and support the CRO in key responsibilities.
- Company: Dynamic financial services firm focused on operational resilience and innovation.
- Benefits: Generous leave, pension contributions, private medical insurance, and hybrid working options.
- Other info: Opportunity for professional growth and access to training and development.
- Why this job: Join a team where you can make a real impact on risk management strategies.
- Qualifications: Bachelor's degree and 5 years' experience in risk or compliance roles.
The predicted salary is between 36000 - 60000 £ per year.
The Risk Manager will support the CRO in executing the responsibilities of the Risk Management department, including deputizing for the CRO when requested.
Responsibilities
- Managing the Board Risk Committee and Executive Risk Committee meetings, including meeting scheduling, collation and distribution of material, presenting at the meeting, maintaining the action item log and taking minutes.
- Preparing meeting packs for the Group Board Risk Committee and Group Management Risk Committee.
- Assisting in the maintenance of the Risk Management Framework and its components.
- Monitoring and reporting of key risk indicators.
- Organising and facilitating Risk Control Self-Assessment (RCSA) workshops for mapping of key business risks and controls.
- Overseeing Risk Control Monitoring Plan (RCMP) testing and reporting of progress.
- Identifying operational risk events, conducting root cause analysis, tracking/oversight of closure and reporting.
- Monitoring and reporting on open risk/control issues raised from audits/reviews to closure by validating supporting evidence.
- Overseeing all operational risk components including risks originating from people, process, systems, external events; with a particular focus on technology risks, operational resilience and information security.
- Assisting the CRO with any projects or departmental involvements.
Supporting Responsibilities
- Overseeing the management of credit risk, liquidity risk, market risk and capital requirements during other team members' absences.
Requirements
Education & Qualifications
- Bachelor's degree (any discipline) as a minimum.
- Relevant professional qualifications and memberships preferred.
Industry & Functional Experience
- Minimum of 5 years' experience in compliance, legal, risk, audit or other related areas.
- Subject matter expertise in operational risk management as applicable to UK financial services industry.
- Strong experience/understanding of the wholesale/retail/corporate banking and/or domestic/international payments industry.
Skills & Strengths
- Strong work ethic; taking ownership and responsibility for timeliness and quality of delivery.
- Leading by positive example; willing to challenge oneself with a steep learning curve and to coach/mentor team members/colleagues.
- Confidence to challenge senior and other stakeholders.
- Excellent research, problem-solving and negotiation skills; strong and effective communication and presentational skills.
- Advanced knowledge of MS Office.
- High attention to detail; ability to produce timely and accurate reports delivering key issues and messages with minimal managerial input.
Benefits
- 25 days annual leave entitlement plus 8 bank holidays.
- Pension scheme, 4% employer contribution.
- Private Medical Insurance.
- 60-40 Hybrid working after the first 3 months.
- Training and development.
- Free gym access in the building.
Manager / Assistant Manager - Risk Management in London employer: iFAST Global Bank Limited
iFAST Global Bank Limited is an exceptional employer that prioritises employee growth and development within a dynamic and supportive work culture. With a hybrid working model, employees enjoy flexibility while engaging in meaningful projects that directly impact the bank's risk management strategies. The company fosters collaboration and innovation, providing unique opportunities for professional advancement in the heart of a thriving financial hub.
StudySmarter Expert Advice🤫
We think this is how you could land Manager / Assistant Manager - Risk Management in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the risk management field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a job that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Be ready to discuss how your experience aligns with their needs, especially in operational risk management and compliance.
✨Tip Number 3
Practice your presentation skills! As a potential manager, you'll need to communicate effectively in meetings. Consider doing mock presentations to friends or family to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job in risk management. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Manager / Assistant Manager - Risk Management in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your expertise in risk management and any relevant qualifications to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how your background aligns with our needs. Keep it engaging and personal.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your capabilities in risk management. Numbers and outcomes speak volumes, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at iFAST Global Bank Limited
✨Know Your Risk Management Framework
Make sure you’re well-versed in the Risk Management Framework and its components. Brush up on how it applies to the UK financial services industry, as this will show your understanding of the role and its responsibilities.
✨Prepare for Committee Meetings
Since managing Board Risk Committee meetings is a key part of the job, practice presenting meeting materials clearly and concisely. Think about how you would handle action items and minute-taking, as these are crucial for effective communication.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific examples of how you've identified operational risks and conducted root cause analysis in previous roles. This will demonstrate your expertise and ability to tackle challenges head-on.
✨Highlight Your Leadership Qualities
As a potential manager or assistant manager, it’s important to convey your leadership style. Share experiences where you’ve mentored team members or led projects, showcasing your ability to inspire and guide others.
