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- Tasks: Lead risk management initiatives and support the CRO in key responsibilities.
- Company: Join a dynamic financial services firm focused on operational resilience.
- Benefits: Enjoy 25 days leave, private medical insurance, and hybrid working options.
- Why this job: Make a real impact in risk management while developing your career.
- Qualifications: 5 years in risk, compliance, or audit; degree required.
- Other info: Great opportunities for training, development, and gym access.
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 deputising 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.
- Responsible for overseeing Risk Control Monitoring Plan (RCMP) testing and reporting of progress.
- Responsible for operational risk events identification, 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 employer: iFAST Global Bank Limited
Contact Detail:
iFAST Global Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager / Assistant Manager - Risk Management
✨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 opening or can put in a good word 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. Show them you’re not just another candidate, but the right fit!
✨Tip Number 3
Practice your presentation skills! As a potential manager, you'll need to present at meetings and workshops. Grab a friend or use a mirror to rehearse how you’d communicate key risk indicators and action items clearly and confidently.
✨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 to connect with us directly.
We think you need these skills to ace Manager / Assistant Manager - Risk Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Risk Manager. Highlight your relevant experience in compliance, risk management, and any specific projects that showcase your skills in operational risk management.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to explain how your background aligns with the responsibilities listed in the job description, especially your experience with Board Risk Committees and risk reporting.
Showcase Your Skills: Don’t forget to highlight your strong communication and problem-solving skills. We want to see examples of how you've successfully managed risk or led teams in previous roles, so be specific!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it, plus you’ll find all the details you need about the role there!
How to prepare for a job interview at iFAST Global Bank Limited
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of risk management frameworks and key risk indicators. Be ready to discuss how you've applied these in your previous roles, especially in operational risk management within the UK financial services sector.
✨Prepare for Committee Discussions
Since you'll be managing Board Risk Committee meetings, practice presenting complex information clearly and concisely. Think about how you would structure a meeting pack and be prepared to answer questions on it.
✨Showcase Your Leadership Skills
Highlight your experience in leading teams or projects, especially in challenging situations. Be ready to share examples of how you've mentored others or taken ownership of significant tasks, as this will resonate well with their focus on strong work ethic and leadership.
✨Demonstrate Attention to Detail
Given the importance of accurate reporting and monitoring in this role, prepare to discuss how you ensure high-quality deliverables. Bring examples of reports you've created or audits you've overseen that showcase your meticulous approach.
