At a Glance
- Tasks: Lead a team in managing enterprise risk and ensuring operational resilience in a dynamic banking environment.
- Company: Join a forward-thinking commercial bank focused on mortgages and lending.
- Benefits: Competitive salary of £100,000 plus bonus, with hybrid working options.
- Other info: Opportunity for career growth in a collaborative and innovative setting.
- Why this job: Make a real impact on risk management while working with cutting-edge technologies like AI.
- Qualifications: 10+ years in Operational or Enterprise Risk, with strong second line experience.
The predicted salary is between 70000 - 85000 £ per year.
Rev & Regs are recruiting for a Senior Enterprise Risk Manager role for a dynamic commercial and retail bank focused on mortgages / lending. The role sits within the Second Line of Defence, reporting to the Head of Enterprise Risk, and has responsibility for managing a team of three direct reports. We are looking for a Manager or Senior Manager with recent Second Line experience overseeing Operational Resilience (OpRes) and Third-Party Risk Management (TPRM), together with a strong focus on data risk, cyber risk, and emerging risks such as AI, all from a Second Line perspective.
Responsibilities:
- Lead second line oversight of first line Operational Risk activities, including Risk and Control Self-Assessments (RCSAs), scenario analysis, and control effectiveness reviews.
- Deliver a structured programme of Key Control assurance, thematic reviews, and deep-dives to assess control effectiveness and identify systemic weaknesses.
- Own, maintain and continuously enhance the Group Operational Risk Management Framework (GORMF), and other Operational Risk policies and guidance.
- Lead the end-to-end delivery of a strategic GRC system implementation, including requirements definition, vendor selection, testing, and embedding.
- Develop and embed second line oversight of Operational Resilience, ensuring alignment with regulatory expectations (e.g. important business services, impact tolerances, and scenario testing).
- Own, maintain and continuously enhance the Group Operational Resilience Risk Framework and Group Third Party Risk Framework.
- Expand second line coverage across key non-financial risk domains, including: Third Party Risk Management (TPRM), Cyber and Information Security Risk, Technology and IT Risk and Artificial Intelligence (AI) Risk.
- Provide independent challenge to ensure these risk domains are effectively governed, controlled, and integrated into the wider risk framework.
- Support the design, development, and implementation of a comprehensive Data Risk Framework, covering data governance, quality, privacy, lineage, and usage risks.
- Ensure the framework is embedded across the organisation, with clear roles, responsibilities, and controls aligned to regulatory expectations and best practice.
- Establish appropriate oversight, metrics, and reporting to support effective management of data-related risks.
Experience:
Essential:
- Significant experience (typically 10+ years) in Operational Risk or Enterprise Risk within Financial Services or a similarly regulated industry.
- Demonstrable second line experience with oversight and challenge responsibilities.
- Diverse knowledge of financial services with specific knowledge of current regimes pertaining to Operational Risk under the auspices of the PRA and FCA regulatory authorities.
- Practical experience in Operational Resilience (e.g. important business services, impact tolerances, scenario testing).
- Exposure to or oversight of TPRM, Cyber/IT Risk, and emerging risks such as AI.
- Demonstrated ability to partner effectively with first line business units while maintaining independence of oversight.
- Familiarity with risk systems, GRC tooling, analytics, and the use of dashboards/KRIs to drive insight.
- Demonstrates curiosity and proactively explores new risk areas (e.g. AI, data, digital resilience).
Desirable:
- Good understanding of data architecture, data governance, and data quality principles.
- Awareness of emerging technologies (e.g. AI/ML) and associated risk management approaches.
- Experience leading complex risk transformation or change programs.
Salary: £100,000 plus bonus
Location: Hybrid (3 days per week in City of London)
Senior Enterprise Risk Manager in City of London employer: Rev & Regs
Rev & Regs is an exceptional employer, offering a dynamic work environment in the heart of the City of London. With a strong focus on employee growth and development, we provide comprehensive training and support for our team members, ensuring they stay at the forefront of tax compliance and operational excellence. Our hybrid working model promotes a healthy work-life balance, while our commitment to innovation and collaboration fosters a culture where every voice is valued and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Enterprise Risk Manager in City of London
✨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 Rev & Regs looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Enterprise Risk Manager in City of London
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 Rev & Regs. 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 Rev & Regs
✨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 Rev & Regs’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
