At a Glance
- Tasks: Advise on risk management practices and monitor compliance across the organisation.
- Company: Dynamic financial services firm focused on operational excellence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to engage with stakeholders at all levels.
- Why this job: Join a team that shapes risk management strategies and drives impactful change.
- Qualifications: Experience in technology, cyber security, or operational resilience preferred.
The predicted salary is between 63000 - 77000 £ per year.
Responsibilities
- Advise 1LOD functions on the application of operational risk management practices and changes to their day-to-day activities.
- Monitor compliance with the firm’s risk management policies and processes, and support the implementation and embedding of operational risk change initiatives across the 1LOD functions.
- Consolidate and review key risk information to meet reporting commitments to appropriate governance forums, key stakeholders, and 2LOD functions.
- Provide risk advice to 1LOD functions by leveraging understanding of the firm’s management policies and processes as well as applicable industry best practices.
- Support the development and/or implementation of applicable procedures to enable effective 1LOD adoption of the firm’s risk management policies and processes.
- Support risk assurance activities conducted on the 1LOD through the provision of required information and explanation.
- Assist senior team members in conducting ad hoc risk assessments and deep dive root cause analysis on priority risk areas or areas of material control deficiencies.
- Support the effective running of formal risk governance committees and informal forums and working groups.
- Promote collaborative working relationships with stakeholders at all levels of the organisational hierarchy (function, entity, and group).
Qualifications
- Experience of working in any of the following disciplines: Technology (e.g. incident/change/problem management), Cyber Security (e.g. SOC, vulnerability management), or Operational Resilience (e.g. third party management, scenario analysis).
- Experience in delivering presentations and engaging with a wide group of stakeholders.
- Experience of implementing recognised industry standards such as security (e.g. CRI, ISO27001) and operational resilience / BCM (e.g. ISO 22301) and IT (e.g. ITIL).
- (Preferred) Experience of working in 1st or 2nd line risk teams or within 3rd line Internal Audit functions within a financial services environment.
- (Preferred) Experience of applying operational risk frameworks and using GRC solutions.
- Experience of managing or partaking in the RCSA process ideally in a financial services, IT, or payments context.
- (Preferred) Experience of working on complex cross-functional strategic initiatives, projects, and teams.
- Experience of working on cross-functional initiatives to design and implement best practice risk management practices.
- Excellent communication skills (both written and oral).
- Basic understanding of database management and SQL.
- Ability to self-start, problem solve, and work under pressure.
- Attention to detail with strong reporting and presentation skills.
- Adept use of MS Word, Excel, and PowerPoint.
- Basic use of PowerBI, Tableau, Domo, Access database, or other reporting tools.
Manager of Risk Management in London employer: Mastercard
As a Senior Site Reliability Engineer at Connex, you will be part of a dynamic team dedicated to maintaining the UK's national payment infrastructure, where innovation and collaboration are at the forefront of our work culture. We offer a supportive environment that prioritises continuous improvement and professional growth, alongside competitive benefits and a commitment to work-life balance. Join us in making a meaningful impact in the financial services sector while enjoying the unique advantages of working in a cutting-edge technology space.
StudySmarter Expert Advice🤫
We think this is how you could land Manager of Risk Management in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Mastercard looking for candidates who are engaged and informed.
We think you need these skills to ace Manager of Risk Management in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Mastercard. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Mastercard
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Mastercard’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
