At a Glance
- Tasks: Lead risk management initiatives and support the Chief Risk Officer in key responsibilities.
- Company: Join a dynamic financial services firm focused on operational resilience and security.
- Benefits: Enjoy 25 days annual leave, competitive salary, and professional development opportunities.
- Why this job: Make a real impact in risk management while developing your leadership skills.
- Qualifications: Bachelor's degree and 5 years' experience in compliance or risk management required.
- Other info: Collaborative environment with opportunities for growth and mentorship.
The predicted salary is between 36000 - 60000 Β£ 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.
Primary Responsibilities (own responsibility)
- 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
- Assist in the maintenance of the Risk Management Framework and its components
- Monitoring and reporting of key risk indicators
- Organise and facilitate 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
- Oversee all operational risk components including risks originating from people, process, systems, external events; particular focus on technology risks, operational resilience and information security
- Assist the CRO with any projects or departmental involvements
Supporting Responsibilities (primary responsibility of other team members)
- Oversee the management of credit risk, liquidity risk, market risk and capital requirements during other team member's 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
Manager / Assistant Manager - Risk Management in England employer: iFAST Global Bank Ltd
Contact Detail:
iFAST Global Bank Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Manager / Assistant Manager - Risk Management in England
β¨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 thatβs perfect for you.
β¨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.
β¨Tip Number 3
Practice your presentation skills! As a potential manager, you'll need to present at meetings and workshops. Rehearse your delivery to ensure you come across as confident and knowledgeable.
β¨Tip Number 4
Donβt forget to apply through our website! Weβve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Manager / Assistant Manager - Risk Management in England
Some tips for your application π«‘
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 meetings and risk frameworks.
Showcase Your Skills: Donβt forget to highlight your strong work ethic and communication skills. We want to see examples of how you've led teams or challenged stakeholders in previous roles, as these are key traits we value at StudySmarter.
Apply Through Our Website: For the best chance of success, make sure you apply through our website. This way, your application will go directly to us, and we can review it promptly!
How to prepare for a job interview at iFAST Global Bank Ltd
β¨Know Your Risk Management Framework
Make sure youβre 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.
β¨Prepare for Committee Meetings
Since managing Board Risk Committee meetings is a key responsibility, 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.
β¨Showcase Your Problem-Solving Skills
Be ready to discuss specific examples where you've identified operational risks and implemented solutions. Highlight your experience with root cause analysis and how youβve tracked and reported on risk/control issues.
β¨Demonstrate Leadership and Communication
This role requires confidence in challenging senior stakeholders. Prepare to share instances where youβve led by example or mentored others. Strong communication skills are essential, so practice articulating your thoughts clearly and effectively.