At a Glance
- Tasks: Lead risk management initiatives and collaborate with senior management to enhance business resilience.
- Company: Join a leading Wealth Manager in the heart of London.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Enjoy a collaborative culture with excellent career advancement opportunities.
- Why this job: Make a real impact by shaping risk management strategies in a dynamic environment.
- Qualifications: Experience in risk management and strong communication skills are essential.
The predicted salary is between 60000 - 70000 £ per year.
Rev & Regs are recruiting for a new 'Business Risk Manager' role on behalf of a leading Wealth Manager in London.
The role holder will support 1LOD senior management in embedding the Group Risk Management Framework.
Key responsibilities
- Deliver effective risk management through engagement with senior management and risk committees, leading RCSAs, control reviews and risk assessments.
- Provide constructive challenge on the adequacy and effectiveness of controls, risk management activity and remediation plans.
- Proactively collaborate with 2LOD and 3LOD, acting as a conduit for RCSA, assurance and Audit activity.
- Monitor current and emerging risks, risk events, issues and themes, ensuring appropriate escalation and follow-up with relevant Business and Area Heads.
- Support the business with risk event reporting, root cause analysis, issue management and timely implementation of remedial actions.
- Provide insightful, timely and accurate risk reporting and management information to key governance forums and senior stakeholders.
- Develop and maintain meaningful Key Risk Indicators and Key Control Indicators in line with Group standards.
- Support Risk Champions through appropriate guidance, training and ongoing engagement.
- Ensure risk management principles are appropriately embedded within change and project activity.
- Undertake ad-hoc risk assessments and gap analyses in response to significant events or emerging risks.
About you
- Strong technical knowledge and significant experience in risk management.
- Broad understanding of enterprise risk management, with Wealth Management experience preferred.
- Excellent relationship-building skills with executive and senior stakeholders.
- Confident communicator, able to produce clear, insightful management information and reports.
- Strong analytical, organisational and problem-solving skills, with high attention to detail.
- Collaborative and proactive, with the ability to share information and ideas effectively.
- Self-motivated, adaptable and able to work well under pressure and to deadlines.
- Good awareness of industry developments, emerging risks and regulation, with relevant risk qualifications desirable.
Business Risk Manager in 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 Business Risk Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Rev & Regs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Risk Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Rev & Regs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Rev & Regs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Rev & Regs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rev & Regs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Rev & Regs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Rev & Regs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
