At a Glance
- Tasks: Lead risk management efforts and support a dynamic team in a fast-paced environment.
- Company: Nucleus Financial is transforming financial services for better client outcomes.
- Benefits: Enjoy flexible working, health initiatives, and generous parental leave.
- Other info: Be part of a diverse team committed to continuous improvement and customer satisfaction.
- Why this job: Join a culture that values your input and empowers you to make impactful changes.
- Qualifications: Experience in risk management and strong communication skills are essential.
The predicted salary is between 43200 - 72000 £ per year.
We’re looking for a Senior First Line Risk Manager to join our growing First Line Risk team in the Chief Operating Office (COO) at Nucleus. Reporting to the Head of First Line Risk and Incident Management, this pivotal role involves providing oversight and support for risk management across Operations, aligned with our risk framework. The role also includes line management of two Risk Managers, offering leadership, coaching, and development.
Our first line risk approach is critical to delivering excellent service, achieving positive customer outcomes, meeting regulatory obligations, and ensuring business safety as we expand. You will collaborate with key stakeholders to identify potential risks, implement controls, and support customer remediation efforts to address poor outcomes, root causes, and reporting.
You will work closely with second line risk and compliance teams to embed our risk management framework, ensuring prompt and accurate handling of events and breaches. The ideal candidate will have substantial operational and risk management experience within a regulated environment, excellent communication skills, and a passion for customer outcomes and process improvements.
About you
You are practical, adaptable, professional, resilient, and credible. You leverage your industry knowledge to build a self-sufficient team, using analytical and problem-solving skills to design sustainable risk management practices. You are structured, able to articulate complex information clearly to diverse stakeholders, and proactive in your approach. You thrive in collaborative environments, leading with confidence and empowering your team.
This role involves varied daily responsibilities, including:
- Supporting the implementation of the first line risk operating model and governance.
- Promoting a culture of continuous improvement and accountability in risk management.
- Collaborating to identify, report, and remediate risk events and breaches.
- Working with process owners and cross-functional teams to enhance controls and conduct root cause analysis.
- Supporting systemic issue resolution and control improvements.
- Reviewing risk controls and indicators for effectiveness.
- Providing risk reports to senior management, highlighting key trends and events.
- Ensuring regulatory compliance and audit readiness.
We value cultural contribution highly, but for this role, we seek candidates with:
- Experience embedding risk management frameworks.
- Proven ability to identify and manage operational risks.
- Strong analytical skills and attention to detail.
- Exceptional stakeholder engagement and communication skills.
- Proficiency in Microsoft Office, with experience in Power BI or similar tools.
About us
- Nucleus aims to transform financial services and improve outcomes for advisers and clients. Service obsession is key, regardless of role.
- Our environment is fast-paced, rewarding responsibility and trust. We foster a culture that our employees value highly.
Inclusion and diversity
- We believe in the importance of inclusion as a business imperative, not just a box to tick.
- Our benefits include pension, bonus, parental leave, emergency time off, health initiatives, and flexible working options.
Senior First Line Risk Manager employer: Nucleus Financial
Nucleus Financial is an exceptional employer that prioritises a collaborative and inclusive work culture, empowering employees to take ownership of their responsibilities while fostering personal and professional growth. Located in Edinburgh, the company offers a generous benefits package, including flexible working options and health initiatives, ensuring that team members feel valued and supported as they contribute to transforming financial services for better client outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Senior First Line Risk Manager
✨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 Nucleus Financial looking for candidates who are engaged and informed.
We think you need these skills to ace Senior First Line Risk Manager
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 Nucleus Financial. 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 Nucleus Financial
✨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 Nucleus Financial’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
