At a Glance
- Tasks: Lead risk management initiatives and support the CRO in strategic decision-making.
- 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 gym facilities.
- Why this job: Join a team where your insights shape risk strategies and drive impactful change.
- Qualifications: Bachelor's degree and 5 years' experience in risk management or related fields.
The predicted salary is between 60000 - 75000 € 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
Join a forward-thinking organisation that prioritises employee growth and well-being, offering a dynamic work culture where your contributions to risk management are valued. With competitive benefits including a generous annual leave policy, private medical insurance, and opportunities for professional development, this role in the heart of the UK financial services sector provides a meaningful career path in a supportive environment.
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 not even advertised yet!
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Show them you’re not just another candidate; you’re genuinely interested in how they operate and how you can contribute to their success.
✨Tip Number 3
Practice your presentation skills! As a potential manager, you’ll need to communicate effectively. Try rehearsing common interview questions with a friend or in front of a mirror to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates. Let’s get you that dream job!
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:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention your passion for risk management and how your background aligns with our needs at StudySmarter.
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just duties. Use metrics where possible to demonstrate your impact, like how you improved risk reporting processes or led successful workshops.
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 don’t miss out on any important updates during the process!
How to prepare for a job interview at iFAST Global Bank
✨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 present meeting materials and maintain action logs. Think about how you would facilitate discussions and handle any tough questions from senior stakeholders. Being prepared will show your leadership potential.
✨Showcase Your Problem-Solving Skills
Be ready to share examples of how you've tackled operational risk events or conducted root cause analyses in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it clear how your actions led to positive outcomes.
✨Demonstrate Your Communication Prowess
Effective communication is key in this role. Practice explaining complex risk concepts in simple terms, as you may need to present to non-experts. Highlight your experience in preparing reports and facilitating workshops, as these skills will be crucial for success.
