At a Glance
- Tasks: Lead risk management strategies and modernise frameworks in a dynamic banking environment.
- Company: A forward-looking Retail Bank with operations across Manchester and the North East.
- Benefits: Hybrid work model, competitive salary, and opportunities for personal development.
- Other info: Join a culture that promotes innovation and a risk-aware mindset.
- Why this job: Be a transformative leader influencing the future of risk management in banking.
- Qualifications: 7-10 years of experience in Retail Banking risk management is essential.
The predicted salary is between 70000 - 90000 £ per year.
Director of Enterprise Risk opportunity for a Senior Risk Manager with 7-10 years+ experience within Retail Banking to join a growing and forward-looking Retail Bank with Operations across Manchester and the North East of England .
Previous experience of leading Risk functions in the UK Retail Banking sector is essential.
Alongside this, strong Technology/change & Transformation backgrounds are highly desirable.
The role is hybrid with 2 days per week being the expectation in the office in either Manchester or the North East.
This is a pivotal role designed for a transformative leader who can modernize frameworks, influence the Board, and safely navigate a changing technological landscape.
A background in Enterprise Risk would be required, with previous or current first line of defence experience highly regarded and second line experience in a UK Retail Banking environment being essential.
Key Dimensions of the Role
- Responsibility for the development and implementation of the risk oversight framework.
- Maintain and report against relevant Strategic risk appetite statements.
- Ensure effective reporting is in place for risk events and that mitigation plans are robust and clear.
- Support Leadership in effective management of risk, feeding in best practice & learning to support development of a robust response in the 1st line and promote a risk-aware culture.
- Lead stress testing & scenario analysis of operational risks whilst ensuring policies, procedures, recovery plans and resolution packs are maintained.
- Develop, and maintain the Risk Management Strategy with peers in conjunction with the 1st and 2 line risk functions.
- Play an active role in risk governance committees and forum by effectively presenting and addressing key oversight priorities.
- Proactively seek to develop technical and leadership skills through active personal development and deputise as appropriate for the CRO.
All applicants must be authorised to work in the UK, Sponsorship not available for this opportunity.
Director of Enterprise Risk - Banking in Bolton employer: Lutine Bell
Joining this well-established UK bank as a Compliance Manager offers an exceptional opportunity to thrive in a supportive and collaborative work culture. With a focus on employee growth, the bank provides comprehensive training and development programmes, ensuring that you can advance your career while enjoying the benefits of hybrid working in the vibrant Birmingham area. The role not only allows you to make a meaningful impact through regulatory guidance but also fosters strong relationships with stakeholders, making it a rewarding environment for professionals seeking to excel in compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Director of Enterprise Risk - Banking in Bolton
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lutine Bell. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director of Enterprise Risk - Banking in Bolton
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lutine Bell.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lutine Bell's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lutine Bell
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lutine Bell.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lutine Bell will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lutine Bell employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
