At a Glance
- Tasks: Lead risk management meetings and oversee key risk indicators for a dynamic financial environment.
- Company: Join a leading financial services firm with a focus on innovation and teamwork.
- Benefits: Enjoy 25 days annual leave, private medical insurance, and hybrid working options.
- Why this job: Make a real impact in risk management while developing your career in finance.
- Qualifications: 5+ years in risk, compliance, or audit; degree required.
- Other info: Great opportunities for training, development, and career growth.
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.
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 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 Ltd
Contact Detail:
iFAST Global Bank Ltd Recruiting Team
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 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 communicate effectively in meetings. Consider doing mock presentations with friends or family to build your confidence and refine your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
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 relevant experience in risk management and any specific projects you've worked on that align with the responsibilities listed.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the role. Share specific examples of how you've managed risk in previous positions and how you can contribute to our team at StudySmarter.
Showcase Your Skills: Don’t just list your qualifications; demonstrate them! Use bullet points to clearly outline your expertise in operational risk management and any relevant professional qualifications you hold.
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 Ltd
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of risk management frameworks and key risk indicators. Familiarise yourself with the specific challenges faced in the UK financial services industry, especially around operational risks. This will help you speak confidently about how you can contribute to the role.
✨Prepare for Committee Discussions
Since you'll be managing Board Risk Committee meetings, practice discussing how you would handle meeting logistics, present materials, and maintain action logs. Think of examples from your past experience where you've successfully led similar discussions or workshops.
✨Showcase Your Leadership Skills
Highlight your ability to lead by example and mentor others. Prepare anecdotes that demonstrate your strong work ethic and how you've taken ownership of projects. Be ready to discuss how you’ve challenged stakeholders in a constructive way.
✨Master the Art of Communication
Effective communication is key in this role. Practice articulating complex risk concepts clearly and concisely. You might even want to prepare a short presentation on a relevant topic to showcase your presentation skills during the interview.