At a Glance
- Tasks: Lead risk management framework and collaborate with senior leadership to drive business growth.
- Company: Join a dynamic FinTech company revolutionising small business finance.
- Benefits: Enjoy private healthcare, generous holidays, and a vibrant office culture.
- Other info: Embrace inclusivity and thrive in a supportive workplace.
- Why this job: Make a real impact in a fast-paced environment while shaping risk strategies.
- Qualifications: Deep regulatory knowledge and experience in risk management within FinTech.
The predicted salary is between 70000 - 90000 £ per year.
Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that. Today we're a financial platform offering a best-in-class business credit card, SME-focused spend management platform, a savings product, and a growing suite of tools and financial products to help running a small business easier. We’re 1,000+ employees, with significant card spend and customer metrics, and profitable as we continue to grow.
This is a Hybrid role, with a minimum of 3 days a week in our London office.
The Risk & Compliance team is the second line of defence at Capital on Tap, working at the intersection of regulation, product and business growth. As our Risk Manager, you will lead the design and delivery of our risk management framework, working closely with the UK Compliance Director and Risk Owners across the Leadership Team.
What You’ll Be Doing
- Strategic Risk Leadership: Serve as the primary second-line risk lead, providing senior leadership with a forward-looking, decision-useful view of risk as the business scales.
- Framework Ownership: Own and refresh the Enterprise Risk Management Framework ensuring the three lines of defence design fits a growing FinTech.
- Risk Taxonomy & RCSAs: Re-baseline the Risk Taxonomy with Risk Owners to reflect the current business, and work collaboratively with them to refresh risk assessments and risk appetites.
- KRIs & Risk Reporting: Work with Risk Owners to build live KRI dashboards and support reporting to the Risk Committee.
- Risk Systems & Data: Responsible for transitioning to a GRC platform.
- Stress Testing & Wind-Down: Lead the annual wind-down plan refresh aligned to FCA WDPG and the CASS 10A resolution pack.
- Governance Support: Support Risk Committee Charter and Terms of Reference refresh.
- Independent Assurance: Partner with Internal Audit and third party assurance providers to shape an independent assurance plan aligned to where the residual risks actually sit.
- Business Enablement: Provide thoughtful, business-minded second line challenge to product launches, partner-bank changes and AI implementations.
- Risk Culture: Support the risk culture across the business by engaging Risk Owners on impact classification and risk-owned RCSAs, embedding risk thinking into business-as-usual decisions.
We’re Looking For
- Deep Regulatory Expertise: Comprehensive working knowledge of FCA SYSC 4, 6 and 7, the EMD/PSD regime, FCA WDPG and CASS 10A, with the ability to interpret complex requirements and provide pragmatic business guidance.
- Framework Design Experience: Hands-on experience designing or refreshing an Enterprise Risk Management Framework: taxonomy, appetite, KRIs, RCSA methodology and Risk Committee reporting.
- FinTech / Payments Background: Proven experience in an FCA-regulated firm in the EMI, payments, banking or FinTech space, with an understanding of partner-bank concentration risk in card and payments models.
- Forward-Looking Reporting: Track record of building effective risk reporting.
- Stress Testing & Wind-Down: Practical experience embedding stress testing, reverse stress testing and wind-down planning at firm level.
- Senior Stakeholder Influence: Confident providing independent challenge at Director and C-suite level, building constructive relationships while holding the second line.
- Urgency & Business Focus: Demonstrated ability to work at pace in fast-moving environments, with the appetite to build at speed - the framework exists, it needs maturing fast as the business scales.
- Strong Written Communication: Excellent written communication for papers, Risk Committee briefings and Board notes, with the ability to translate technical risk into business decisions.
Nice to Have
- GRC Platform Experience: Experience evaluating or implementing a GRC platform.
- AI & Operational Resilience: Exposure to AI risk management and operational resilience under FCA expectations.
- Professional Qualifications: A recognised risk qualification such as IRM, FRM, PRMIA or equivalent. Big 4 or consulting background in financial services risk also welcome.
Diversity & Inclusion
We welcome, consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives, and everyone can do their best work.
Great Work Deserves Great Perks
We offer a lively office environment and a range of benefits including private healthcare, travel insurance, a pension scheme, generous holiday allowance, learning and wellbeing budget, enhanced parental leave, cycle to work, season ticket loan, and other perks. Details vary by location and role.
Risk Manager employer: jobr.pro
At Capital on Tap, we pride ourselves on being an exceptional employer that champions small businesses and fosters a dynamic work culture. Our London office offers a vibrant environment where employees can thrive, supported by comprehensive benefits such as private healthcare, generous holiday allowances, and a commitment to professional growth through learning budgets. Join us in shaping the future of FinTech while enjoying a collaborative atmosphere that values inclusivity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Capital on Tap. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by understanding the company’s mission and values. Capital on Tap is all about supporting small businesses, so think about how your experience aligns with that goal and be ready to share relevant examples.
✨Tip Number 3
Showcase your expertise in risk management during interviews. Be prepared to discuss your hands-on experience with frameworks and regulations, especially those related to FCA compliance. This will demonstrate you’re the right fit for the role.
✨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, it shows you’re genuinely interested in joining the Capital on Tap team.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Risk Manager role. Highlight your experience with risk frameworks and regulatory expertise, and don’t forget to sprinkle in some of that FinTech magic!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about risk management and how your skills align with our mission at Capital on Tap. Keep it engaging and relevant!
Showcase Your Communication Skills:Since strong written communication is key for this role, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your ability to translate complex ideas.
Apply Through Our Website:We love it when you apply directly through our website! It helps us keep track of your application and ensures you get all the latest updates. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at jobr.pro
✨Know Your Regulations
Make sure you brush up on your knowledge of FCA SYSC 4, 6 and 7, as well as the EMD/PSD regime. Being able to interpret these complex requirements and provide practical guidance will show that you're not just familiar with the regulations but can also apply them effectively in a business context.
✨Showcase Your Framework Experience
Prepare to discuss your hands-on experience with designing or refreshing an Enterprise Risk Management Framework. Be ready to share specific examples of how you've developed risk taxonomies, appetites, and KRIs, as this will demonstrate your capability to lead in this area.
✨Demonstrate Stakeholder Influence
Think about times when you've had to provide independent challenge at senior levels. Highlight your ability to build constructive relationships while holding your ground. This is crucial for a role that requires influencing directors and C-suite executives.
✨Communicate Clearly
Practice articulating complex risk concepts in simple terms. You’ll need to write papers and briefings for the Risk Committee and Board, so being able to translate technical jargon into business decisions is key. Consider preparing a few examples of your written communication to showcase during the interview.
