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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 with a strong risk culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Work in a dynamic Edinburgh office with a multicultural team.
- Why this job: Influence strategic decisions and help the company grow with confidence and control.
- Qualifications: 7+ years in risk management, strong analytical skills, and knowledge of FCA regulations.
The predicted salary is between 60000 - 80000 ÂŁ per year.
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 in acting as the trusted 2nd line risk function for the business, 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
- 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.
Governance
- 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.
Internal Controls
- 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.
Engagement
- 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: Service Now, Workiva, Oracle are a Plus.
Communication Skills
- Strong ability to influence through clear analysis and effective communication.
- Ability to challenge constructively within second line of defense.
- High attention to detail and ownership mindset.
Diversity
At Patria we do not discriminate against any employee or applicant for employment because of race, color, 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
Contact Detail:
Patria Investments 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. Use LinkedIn to connect and engage with them; you never know who might give you a heads-up about job openings or even refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and risk methodologies. Be ready to discuss how your experience aligns with the role's requirements. We want to see you confidently articulate your insights and how they can benefit Patria.
✨Tip Number 3
Showcase your analytical skills! Bring examples of your previous work with risk frameworks or stress testing to the table. We love seeing candidates who can demonstrate their quantitative prowess and how it can contribute to our risk management goals.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team at Patria. Let’s make it happen!
We think you need these skills to ace Risk & Control Associate II
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Risk & Control Associate role. Highlight your experience in risk management and any relevant frameworks you've developed or worked with.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about risk management and how your entrepreneurial spirit fits with our culture at Patria. Be specific about how you can contribute to our risk framework.
Showcase Your Analytical Skills: Since this role requires strong quantitative and analytical abilities, include examples of how you've used these skills in past roles. Mention any tools or methodologies you’re familiar with, like VaR or stress testing.
Apply Through Our Website: We encourage you to apply directly through our website. This way, your application will be processed more efficiently, and you'll have access to all the latest updates regarding your application status.
How to prepare for a job interview at Patria Investments
✨Know Your Risk Frameworks
Make sure you’re well-versed in risk management frameworks and methodologies. Brush up on your knowledge of financial and non-financial risks, as well as the specific regulations like FCA and SEC that are relevant to the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with quantitative analysis, stress testing, and scenario analysis. Bring examples of how you've used these skills in previous roles to influence decision-making and manage risks effectively.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly. You’ll need to demonstrate your ability to influence others through effective communication, so consider rehearsing answers to common interview questions with a friend or mentor.
✨Build Relationships
Highlight your experience in developing internal and external relationships. Be ready to discuss how you’ve fostered collaboration in multicultural teams and promoted a strong risk culture in your previous positions.