At a Glance
- Tasks: Manage risk and improve customer outcomes in a dynamic banking environment.
- Company: Award-winning UK bank focused on growth and employee wellbeing.
- Benefits: Generous holiday allowance, profit sharing, flexible working, and employee discounts.
- Why this job: Join a supportive team and make a real impact in financial services.
- Qualifications: Experience in financial services, strong leadership, and analytical skills.
- Other info: Hybrid working model with opportunities for personal development.
The predicted salary is between 36000 - 60000 £ per year.
A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK, and working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced operator in Financial Services, looking for an opportunity to grow in a friendly environment, we’re looking for you!
We’re flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let’s grow together …
What you’ll be doing
- Contribute to Savings adherence to Conduct and Operational Risk Frameworks, tracking performance against agreed measures, making interventions and escalations to ensure standards are met and opportunities for improvement are evaluated through various channels linked to delivering improved Customer Outcomes.
- You will program manage a number of projects in parallel, with prioritisation being applied in conjunction with in-house and external stakeholders.
- You’ll use qualitative insights and quantitative data to uncover customer pain-points and articulate the business case for continuous improvements to be made.
- Process improvement initiatives to deliver good customer outcomes or reduce risk will be constant.
- Ensuring audit and risk management requirements are fulfilled alongside coordinating the tracking and resolution of audit actions and control improvement activities.
- Support the Service Delivery Director in delivering key strategic targets and regulatory requirements throughout the year.
- Represent Savings as necessary with internal and external stakeholders.
- Point of contact for outsource providers covering operations provision to Savings.
- Horizon scanning – understanding forthcoming changes across the Savings, and their impact on Paragon offerings and strategies.
- Managing Governance, both internally and externally, to maintain Savings cadence, formalise actions and decisions, and satisfy audit requirements.
- Senior level engagement/communication with relevant Paragon support functions, second and third lines.
- Understand Service Delivery impact on commercial performance to support holistic pricing proposals which support good customer outcomes.
About You
What you’ll bring to the team
- Extensive experience in oversight of a high demand cross function team.
- You will have solid expertise in supplier management and contract governance, alongside a track record of driving performance management through KPI development and reporting.
- The role requires you to have the ability to manage complex stakeholder environments and effectively facilitate internal and external governance forums, and to take an analytical and data-driven approach supported by strong reporting and presentation skills.
- Strong customer focus with the ability to build relationships at all levels using written and verbal skills.
- You’ll have experience of developing value added outcomes for both customer and business.
- A strong understanding of compliance and regulatory issues impacting savings operations management.
- You will have a strategic mindset and an ability to communicate at all levels on both a written and verbal basis.
- You’ll demonstrate strong leadership, collaboration, influencing, decision making, innovation and planning skills.
- The ability to interpret management information and customer feedback to inform decision making.
- High level awareness of IT Infrastructure, IT Security and Operational Resilience, as well as Financial Crime Risks and their mitigants.
Even if you don’t meet all the criteria, we encourage you to apply. At Paragon, we value diversity and we’re excited to hear from passionate individuals like you! If you’re ready to contribute to the team, please apply.
Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page.
Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.
Working hours
Newcastle based, with hybrid working. Core hours are Monday to Friday, 8.30am - 5.00pm - 2 days in the office.
Inclusion
As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.
About Us
What can we offer you?
- Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave.
- Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate.
- Profit Related Pay: We share some of our annual profit with our eligible employees.
- Pension Plan: We contribute up to 10% of your annual salary towards your pension.
- Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment.
- Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more.
- Volunteering Day: Contribute to causes you care about with one volunteering day per year.
- Life Assurance and Personal Accident Cover.
Be flexible
We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.
Be yourself
As an equal opportunities employer, we welcome diversity and care about inclusion. That’s why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience, and ideas to build a more equal, diverse, and inclusive business.
Be heard
We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.
Be well
We will give you access to a range of tools and resources to support your wellbeing. This will include a digital GP service via our free Employee Assistance Programme, access to our Wellbeing team to connect you with the help you need to get more out of life and our Vitality at Work programme to provide you with discounted gym membership, fitness equipment and another multitude of wellbeing services.
Be better
We want you to reach your potential and, as a Platinum Investors in People employer, we’ll encourage you to learn and develop by building a personalised development plan together with your manager.
Risk Manager in Newcastle upon Tyne employer: Paragon Bank
Contact Detail:
Paragon Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager in Newcastle upon Tyne
✨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 job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you show that you're not just a fit for the role, but for the team too!
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Risk Manager in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Risk Manager role. Highlight your experience in financial services and how it aligns with our focus on customer outcomes and risk management.
Showcase Your Skills: We want to see your analytical and data-driven approach! Use specific examples to demonstrate your expertise in managing complex stakeholder environments and driving performance through KPIs.
Be Authentic: Don’t be afraid to let your personality shine through in your application. We value diversity and want to know what makes you unique, so share your story and how you can contribute to our friendly environment.
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Paragon Bank
✨Know Your Risk Management Frameworks
Before the interview, brush up on your knowledge of Conduct and Operational Risk Frameworks. Be ready to discuss how you've tracked performance against these measures in previous roles and how you can apply this experience to improve customer outcomes.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to use qualitative insights and quantitative data. Think of specific examples where you've uncovered customer pain points and how you articulated the business case for improvements. This will show your analytical mindset and strategic thinking.
✨Engage with Stakeholders
Since the role involves managing complex stakeholder environments, come prepared with examples of how you've effectively facilitated governance forums. Highlight your communication skills and how you've built relationships at all levels, as this is crucial for success in the position.
✨Understand Compliance and Regulatory Issues
Familiarise yourself with compliance and regulatory issues impacting savings operations management. Be ready to discuss how you've navigated these challenges in the past and how you can ensure that audit and risk management requirements are fulfilled in your new role.