Risk Assistant

Risk Assistant

Entry level 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Chief Risk Officer and compliance team in daily operations.
  • Company: Join a diverse and inclusive insurance firm focused on risk and compliance.
  • Benefits: Gain valuable experience, develop skills, and work in a supportive environment.
  • Why this job: Make a real impact in risk management while learning from industry experts.
  • Qualifications: Relevant qualifications or training in Financial Services preferred.
  • Other info: Opportunity for career growth in a dynamic and collaborative setting.

The predicted salary is between 30000 - 42000 £ per year.

About the role

You will provide day to day support to the Chief Risk Officer & compliance team. This role is essential in ensuring smooth processes, maintaining accurate records, and delivering a positive risk experience. The ideal candidate will be highly organised, detail-oriented, and capable of handling confidential information with discretion.

Key duties

  • Coordinate, research and draft Member firm risk reviews
  • Issue annual risk reviews to Appointed Representatives (ARs)
  • Assist in Risk Control Self Assessments
  • Quality checking data in Complaints, Breaches, Advertising and FP logs on a monthly basis
  • Assisting in changes to FCA register (assisting in submitting CF1 Applications and making changes to firm details)
  • Downloading and creating Risk Management Information (MI) Packs
  • Preparation of Risk Committee MI pack
  • Assist in monitoring Regulatory Developments
  • Assist in issuing Risk/compliance communications to ARs
  • Assist in Compliance policy reviews & related AR training
  • Assist in management of Data Protection Breaches documenting whether the Information Commissioners Office notifications are required
  • Assist in developing the Risk framework and related Management information
  • Assist with Product Governance reviews including Fair Value documentation and Distributor requests from Insurers, Managing General Agents and Wholesale Brokers
  • Assist in Risk and Compliance Projects as required

Key requirements

  • Ideally will hold relevant Financial Services qualifications or training
  • Experience in Financial Services Compliance/Risk roles - able to navigate FCA handbooks, review FCA communications
  • Ability to review/draft compliance policies/processes
  • Must be Microsoft Office literate, including Word, Excel and PowerPoint.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.

Risk Assistant employer: Massenhove Recruitment Ltd

As a Risk Assistant, you will thrive in a dynamic and supportive environment that prioritises employee growth and development. Our company fosters a culture of collaboration and inclusivity, ensuring that every team member feels valued and empowered to contribute to meaningful projects. Located in a vibrant area, we offer competitive benefits and opportunities for professional advancement, making us an excellent employer for those seeking a rewarding career in the financial services sector.
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Contact Detail:

Massenhove Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Assistant

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on a Risk Assistant role.

✨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 their work and how you can contribute.

✨Tip Number 3

Practice your responses to common interview questions, especially those related to compliance and risk. We want you to feel confident and ready to showcase your skills!

✨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 that extra step.

We think you need these skills to ace Risk Assistant

Organisational Skills
Attention to Detail
Confidentiality
Risk Assessment
Data Quality Checking
Regulatory Knowledge
Compliance Policy Drafting
Microsoft Office Suite
Communication Skills
Project Management
Research Skills
Analytical Skills
Financial Services Knowledge
Training and Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Risk Assistant role. Highlight your experience in Financial Services Compliance and any relevant qualifications. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how you can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Organisational Skills: Since this role requires a high level of organisation, make sure to highlight any experiences where you've successfully managed multiple tasks or projects. We appreciate candidates who can keep things running smoothly!

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. Plus, it’s super easy – just a few clicks and you’re done!

How to prepare for a job interview at Massenhove Recruitment Ltd

✨Know Your Risk Basics

Make sure you brush up on your knowledge of risk management and compliance. Familiarise yourself with the FCA handbook and any recent regulatory developments. This will show that you're not just interested in the role, but that you understand the industry.

✨Showcase Your Organisational Skills

As a Risk Assistant, being organised is key. Prepare examples from your past experiences where you've successfully managed multiple tasks or projects. Highlight how you maintain accurate records and ensure smooth processes.

✨Be Ready to Discuss Confidentiality

Since you'll be handling sensitive information, be prepared to discuss how you manage confidentiality and discretion. Share specific instances where you've dealt with confidential data and the measures you took to protect it.

✨Prepare Questions for Them

Interviews are a two-way street! Prepare thoughtful questions about the company's risk framework and compliance policies. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

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