At a Glance
- Tasks: Manage risk policies, ensure compliance, and oversee the ERM framework.
- Company: Join a leading firm focused on effective risk management and compliance.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Why this job: Be part of a dynamic team making impactful decisions in risk management.
- Qualifications: Experience in risk management and understanding of UK regulations is essential.
- Other info: This is a full-time role at a mid-senior level, perfect for ambitious professionals.
The predicted salary is between 48000 - 72000 £ per year.
This role you will be responsible for maintaining the ERM framework, overseeing risk policies, and ensuring compliance with FCA/PRA regulations.
Key Responsibilities:
- Ensure the ERM framework is well-designed, documented, and effectively operated.
- Act as the second-line expert for the Risk System, managing its use and MI.
- Align risk policies and frameworks with group standards, ensuring updates and accessibility.
- Oversee Risk Incident reporting, including action tracking and root cause analysis.
- Prepare Risk Incident and RCSA MI for governance committees.
- Conduct quality assurance on the RCSA cycle and assess improvement plans.
- Provide second-line review and challenge on key projects and strategic initiatives.
- Oversee first-line risk management of third-party suppliers.
- Conduct operational risk assessments and deep dives on non-financial risks.
- Support senior management in maintaining an effective ERM and Risk Appetite Framework, including emerging risks.
- Prepare Risk MI to monitor the company's risk profile, ensuring data accuracy.
- Identify and address risk-related training needs across the business.
- Ensure compliance with FCA/PRA conduct and Consumer Duty rules.
Key Skills:
- Enterprise & Operational risk management
- Stakeholder Management
- Understanding of UK Regulations
- Experience in 1st & 2nd Line of Defence
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Other
Risk Manager employer: Sanderson
Contact Detail:
Sanderson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Familiarise yourself with the latest FCA/PRA regulations and guidelines. This will not only help you understand the compliance aspect of the role but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in risk management, especially those who have experience in the ERM framework. Engaging in discussions or attending industry events can provide insights and potentially lead to referrals.
✨Tip Number 3
Showcase your understanding of operational risk assessments by preparing examples of past experiences where you've successfully identified and mitigated risks. This practical knowledge can set you apart during interviews.
✨Tip Number 4
Research StudySmarter's approach to risk management and align your values and experiences with our mission. Tailoring your conversation to reflect our goals can make a strong impression during any discussions.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Risk Manager. Familiarise yourself with the ERM framework, FCA/PRA regulations, and the key skills required for the position.
Tailor Your CV: Highlight your experience in enterprise and operational risk management, as well as your understanding of UK regulations. Use specific examples that demonstrate your expertise in both the first and second lines of defence.
Craft a Compelling Cover Letter: In your cover letter, explain why you are a great fit for the role. Discuss your experience with risk policies, stakeholder management, and any relevant projects you've worked on that align with the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Risk Manager.
How to prepare for a job interview at Sanderson
✨Understand the ERM Framework
Make sure you have a solid grasp of Enterprise Risk Management (ERM) frameworks. Be prepared to discuss how you would maintain and improve these frameworks, as well as your experience with compliance and regulatory standards.
✨Showcase Your Stakeholder Management Skills
Highlight your ability to manage relationships with various stakeholders. Prepare examples of how you've successfully communicated risk policies and frameworks to different teams or departments in previous roles.
✨Demonstrate Analytical Skills
Be ready to discuss your experience with risk assessments and root cause analysis. Provide specific examples of how you've conducted operational risk assessments and what improvements you implemented based on your findings.
✨Prepare for Regulatory Questions
Since compliance with FCA/PRA regulations is crucial, brush up on these regulations and be prepared to answer questions about how you ensure adherence to them in your previous roles.