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For Companies At a Glance
- Tasks: Support global risk function by identifying and managing financial and non-financial risks.
- Company: Join Patria, a resilient entrepreneurial partnership focused on innovation.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Dynamic team environment with a commitment to diversity and inclusion.
- Why this job: Influence strategic decisions and strengthen the organisation's risk management framework.
- Qualifications: 7+ years in risk management, strong analytical skills, and knowledge of FCA regulations.
The predicted salary is between 60000 - 80000 ÂŁ per year.
About Patria
Patria is, essentially, a long‑lasting and resilient entrepreneurial partnership that continually observes reality, anticipates trends, and adapts to capture them. Here we are home to professionals who carry this entrepreneurial spirit, who know how to transform ideas into real business opportunities, and who are engaged in the development and perpetuation of the partnership.
Role Purpose
The Risk & Control Associate for the Northern Hemisphere Region (predominantly UK & US) supports the Global Risk function as the trusted 2nd line risk function, ensuring effective identification, measurement, monitoring and reporting of financial and non‑financial risk. This role is essential to ensure risks are identified early, managed proactively, and escalated with clarity. You’ll help uphold a strong, integrated risk framework that aligns global standards with local regulatory expectations within the Group’s risk appetite. By delivering sharp, transparent risk insights to senior leaders and governance forums, you’ll directly influence strategic decisions and strengthen the organization’s ability to grow with confidence and control.
Key Responsibilities
- Non‑Financial Risk
- Develop and maintain the Risk Management Framework.
- Ensure global and local risk policies and procedures are implemented and adhered to.
- Review, monitor and report Operational Risk Incidents.
- Maintain and monitor KRIs.
- Conduct the RCSA process.
- Develop and maintain the AIFMD Risk Management Program.
- Identify, measure, monitor and oversee the risk limits for the funds and Segregated Mandates.
- Identify, measure, monitor and oversee Liquidity, Leverage, Market, Counterparty and Credit Risk.
- Perform and review stress testing and back testing models, including scenario analysis.
- Contribute to development of firm‑wide quantitative methodologies.
- Oversee the delivery of the Annex IV reporting obligations.
- Build and maintain periodic risk reports for the Northern Hemisphere region.
- Maintain the local Risk Committee dashboard and consolidate outputs for escalation to the Global Risk Committee.
- Support Risk Appetite Statement preparation and reviews.
- Act as the Northern Hemisphere Controls SME providing controls expertise and challenge to the first line.
- Monitor control processes for financial and non‑financial risks.
- Understand SOX regulation, perform scoping, fraud risk assessment, test control effectiveness and update narratives and flowcharts.
- Develop and maintain a network of internal and external relationships.
- Provide transparency and internal visibility of risk competence.
- Maintain working knowledge of FCA and SEC requirements.
- Promote a strong risk culture.
Location
You will be based in our Edinburgh office working closely with all teams.
Reporting Line
The Risk & Control Associate is positioned within the Global Risk Management function and reports to the Head of Financial Risk.
Candidate Profile
Experience & Knowledge
- 7+ years of experience in risk management within financial services.
- Experience developing risk policies and frameworks.
- Knowledge of financial and non‑financial risk methodologies.
- Working knowledge of FCA regulation; SEC is a plus.
- Experience working in multicultural teams is a plus.
- SOX Regulation and Business Continuity Management (BCM): Knowledge is a plus.
Languages
- Fluent English. Spanish or Portuguese is a plus.
Technical Skills
- Strong quantitative and analytical background.
- Experience with VaR, stress testing and scenario analysis.
- Advanced Excel; strong Word and PowerPoint.
- Power BI, SQL, Python skills, AI tools experience are a plus.
- Data analysis tools such as Service Now, Workiva, Oracle are a plus.
Soft Skills
- Strong communication skills.
- Strong ability to influence through clear analysis and effective communication.
- Ability to challenge constructively within the second line of defence.
- High attention to detail and ownership mindset.
Diversity
At Patria we do not discriminate against any employee or applicant for employment because of race, colour, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class. Our employment policies strictly prohibit all forms of discrimination on any of the grounds in relevant laws. All our employment practices are solely based on individual merit and our organization’s needs at the time.
Risk & Control Associate II employer: Patria Investments Ltd
Contact Detail:
Patria Investments Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk & Control Associate II
✨Tip Number 1
Network like a pro! Reach out to professionals in the risk management field, especially those at Patria. A friendly chat can open doors and give you insights that might just set you apart from the crowd.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FCA regulations and risk methodologies. We want you to be able to discuss how you can contribute to maintaining a strong risk culture at Patria.
✨Tip Number 3
Showcase your analytical skills! Be ready to share examples of how you've used data analysis tools or conducted stress testing in previous roles. This will demonstrate your hands-on experience and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Risk & Control Associate II
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management. We want to see how your skills align with the role of Risk & Control Associate II, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills: Since this role requires a strong quantitative background, be sure to include specific examples of your analytical work. Whether it’s stress testing or scenario analysis, we love to see how you’ve tackled complex problems in the past.
Highlight Your Communication Skills: Effective communication is key in this role. Use your application to demonstrate how you've influenced decisions through clear analysis and reporting. We’re looking for candidates who can convey risk insights with clarity!
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 shows you’re keen on joining our team at Patria!
How to prepare for a job interview at Patria Investments Ltd
✨Know Your Risk Frameworks
Make sure you’re well-versed in both financial and non-financial risk frameworks. Brush up on the specifics of the Risk Management Framework and be ready to discuss how you’ve developed or maintained similar frameworks in your past roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your quantitative and analytical abilities. Bring examples of how you've used tools like Excel, SQL, or Python for risk analysis, and be ready to discuss stress testing and scenario analysis you've conducted.
✨Understand Regulatory Requirements
Familiarise yourself with FCA and SEC regulations, as well as SOX compliance. Be prepared to discuss how these regulations impact risk management and how you’ve ensured adherence in previous positions.
✨Communicate Clearly and Confidently
Strong communication skills are key for this role. Practice articulating complex risk concepts in a clear and concise manner, and think about how you can influence decision-making through effective communication during the interview.