Senior Risk Manager in Edinburgh

Senior Risk Manager in Edinburgh

Edinburgh Full-Time 70000 - 90000 £ / year (est.) No working from home possible
Nucleus Financial

At a Glance

  • Tasks: Lead risk management strategies and collaborate with senior leaders to drive business success.
  • Company: Join a leading Wealth Platform business focused on innovation and strategic growth.
  • Benefits: Enjoy a competitive salary, flexible working options, and health initiatives.
  • Other info: Be part of a culture that values ethical standards and continuous improvement.
  • Why this job: Make a real impact by shaping risk management practices in a dynamic environment.
  • Qualifications: Experience in risk management and strong leadership skills required.

The predicted salary is between 70000 - 90000 £ per year.

The Senior Risk Manager (Senior Risk Business Partner) is a senior role expected to work effectively with the Risk Director, CRO, broader Executive and Board members and Senior leaders across the Group. As a Wealth Platform business, the successful candidate will have sector experience and an understanding of how we operate.

Key Accountabilities

  • Risk Business Partnership & Strategic Thought Leadership: Serve as a trusted advisor to the business function (specifically Exco member and SLT), providing expert risk management advice to support strategic objectives and operational decision-making. Act as a Senior Adviser to the Exco member and seen as part of their virtual team. Collaborate with senior leadership to ensure risk is effectively integrated into business planning and decision‑making processes. Lead strategic thinking on emerging and evolving risks that may impact the business, providing insights into potential impacts and mitigation strategies. Champion the integration of risk management into business processes and decision making, ensuring the business takes ownership of risks and risk‑mitigation actions. Use their industry network to bring best practice into the business.
  • Risk Management Framework Implementation & Embedding: Work closely with the business to implement and embed the company's Risk Management Framework (RMF) within day‑to‑day operations. Support the business in identifying, assessing, managing, and monitoring risks according to the RMF, ensuring it aligns with the company's risk appetite and strategic goals. Ensure the timely and effective completion of risk (and harms) assessments, scenario analyses, and control assessments. Continuously monitor the effectiveness of risk mitigation strategies and recommend improvements where necessary.
  • Emerging Risk Identification & Analysis: Drive the proactive identification of emerging risks that could potentially impact the business and the wider organisation drawing on a strong external network and resources. Stay ahead of industry trends, regulatory changes, and market dynamics to identify new risks that may need to be addressed. Provide regular reports to leadership on emerging risks, including insights on their potential impact and strategic recommendations for management.
  • Risk and Control Culture Development: Act as a change agent for promoting a strong risk and control culture within the business function and across the wider group. Collaborate with leaders to ensure that risk awareness is embedded in decision‑making processes and day‑to‑day activities. Develop and deliver risk and control culture initiatives to foster an environment where risk management is seen as a critical and valued part of the business. Influence behaviour by embedding risk‑conscious thinking throughout all levels of the business function. Be a role model for the business and the CRO function in terms of behaviours and cultural alignment.
  • Training & Development: Design, deliver, and oversee risk management training programs to increase risk literacy and awareness within the group. Provide guidance and mentorship to business leaders and teams on risk management best practices and frameworks. Ensure that all business stakeholders are adequately equipped to identify and manage risks in line with company policies and procedures.
  • Risk Reporting & Monitoring: Deliver insightful second‑line risk reporting, challenging the business on the management of their risks and highlighting where further action is needed. Support the business in the development of accurate and timely risk reports for senior leadership, providing clear insights on the current risk profile and emerging risks. Ensure that key risk and control metrics are tracked and reported consistently. Engage with internal audit, compliance, and other risk teams to ensure effective risk monitoring, reporting, and follow‑up on action plans.
  • Leadership and Team Building: Build high‑performing teams, both within the risk function and with the ‘virtual’ team from the function you partner.

Qualifications and Experience

  • Ideally degree qualified or a risk qualification.
  • Demonstrable experience in risk management, ideally within a business partner or advisory role.
  • Proven experience at operating at a Board and executive level.
  • Proven experience in designing, developing and embedding risk management frameworks within business operations.
  • Strong track record in leading or supporting the identification and management of emerging risks.
  • Experience in designing and delivering training or educational programs related to risk management.
  • A strong understanding of business operations, controls, and regulatory environments.

Skills

  • Strategic Thinking: Ability to think critically and strategically about risk management and its integration into the business function's operations and long‑term goals.
  • Risk Management Expertise: In‑depth knowledge of risk management principles, frameworks, and methodologies, including operational, financial, regulatory, and strategic risks.
  • Emerging Risk Awareness: Proactive in identifying new and evolving risks and providing insights to business leaders.
  • Training & Development: Ability to design and deliver training programs to increase risk management competency across the group that delivers sustained change.
  • Change Management: Ability to drive cultural and operational change, embedding risk awareness and practices within the business.
  • Leadership: Proven leader and strong team development and performance management skills.

Personal Attributes

  • Proactive & Results‑Oriented: A self‑starter who takes initiative and drives results with a focus on continuous improvement. Action and delivery focused.
  • Resilient & Adaptable: Able to navigate complex and evolving environments and manage multiple priorities effectively to meet agreed deadlines.
  • Influence & Collaboration: Strong interpersonal and influencing skills to work effectively with Executive, Board and Senior Leaders to meet agreed deliverables in a collaborative way.
  • Ethical & Trusted: Demonstrates high ethical standards, integrity, and a commitment to maintaining confidentiality and trust.
  • Strong relationship builder: Able to build strong relationships with senior people quickly and maintain them, building trust and fostering an environment of high challenge and high support.
  • Excellent communicator: Able to deliver difficult messages in a supportive manner, showing honesty and good intent. Excellent report‑writing skills with the ability to deliver technical messages in an understandable way.
  • Able to work independently and as part of a team. Self‑motivated and organised. A flexible and proactive approach with the ability to work under pressure and adapt to dynamic deadlines at short notice.

Benefits

  • Pension
  • Bonus
  • Enhanced parental leave
  • Paid time off for emergencies
  • Health and wellbeing initiatives
  • Flexible working options

Senior Risk Manager in Edinburgh employer: Nucleus Financial

As a Senior Risk Manager at our Wealth Platform business, you will thrive in a dynamic and supportive environment that champions professional growth and collaboration. We offer a comprehensive benefits package, including enhanced parental leave and flexible working options, ensuring a healthy work-life balance. Our culture prioritises risk awareness and continuous improvement, empowering you to make a meaningful impact while working alongside senior leaders and industry experts.

Nucleus Financial

Contact Details:

Nucleus Financial Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Risk Manager in Edinburgh

Tip Number 1

Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. The more people you know, the better your chances of landing that Senior Risk Manager role.

Tip Number 2

Prepare for those interviews by researching the company inside out. Understand their risk management framework and be ready to discuss how you can contribute to their strategic objectives.

Tip Number 3

Showcase your expertise! Bring examples of how you've successfully managed risks in previous roles. This will demonstrate your value as a trusted advisor to senior leadership.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining our team.

We think you need these skills to ace Senior Risk Manager in Edinburgh

Risk Management Expertise
Strategic Thinking
Emerging Risk Awareness
Change Management
Training & Development
Leadership
Analytical Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Risk Manager role. Highlight your relevant experience in risk management and how it aligns with our business objectives. We want to see how you can be a trusted advisor and strategic partner!

Showcase Your Expertise:Don’t hold back on demonstrating your knowledge of risk management frameworks and emerging risks. Use specific examples from your past roles to illustrate your expertise. We love seeing candidates who can think critically and strategically about risk!

Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate well-structured applications that are easy to read and understand!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Nucleus Financial

Know Your Risk Management Framework

Before the interview, make sure you have a solid understanding of the company's Risk Management Framework. Be prepared to discuss how you've implemented similar frameworks in your previous roles and how you can adapt your experience to fit their needs.

Showcase Your Strategic Thinking

During the interview, highlight your ability to think critically about risk management. Share specific examples of how you've identified emerging risks and provided strategic recommendations to senior leaders, demonstrating your proactive approach.

Demonstrate Your Leadership Skills

Be ready to talk about your experience in building high-performing teams and fostering a strong risk culture. Discuss how you've influenced behaviour and embedded risk awareness in decision-making processes within your previous organisations.

Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think of examples where you've successfully managed risks or led training initiatives, and be ready to explain your thought process and outcomes.