At a Glance
- Tasks: Lead risk management efforts and ensure compliance with regulatory standards.
- Company: Dynamic financial services firm focused on innovation and compliance.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Why this job: Make a real impact in risk management while shaping the future of finance.
- Qualifications: 5+ years in risk management within regulated financial institutions and strong analytical skills.
- Other info: Join a team that values communication and relationship-building for effective risk solutions.
The predicted salary is between 48000 - 72000 £ per year.
Responsibilities
- Act as the day to day owner of PCS risk management framework, ensuring risks are identified, assessed, and mitigated.
- Maintain the risk register and update the Business-Wide to ensure alignment with regulatory expectations and business objectives.
- Coordinate with risk owners across the business to ensure accountability and timely remediation of risks.
- Produce regular MI and risk dashboards for the Board, Group risk and compliance committee, and regulators.
- Lead the integration of new regulatory requirements into the risk framework (e.g., DORA, failure to prevent fraud).
- Close off audit items and manage risk audit.
- Provide training to the business.
- Clearly convey risk assessments, reports, and recommendations to executives, teams, and regulators, while influencing action and compliance.
- Work with the board to develop a risk strategy.
- Educate the business on risk and set risk maps.
Experience Required
- Solid understanding of Risk management and of UK and EU regulatory frameworks.
- At least 5 years of experience working within risk management within a regulated financial institution (e-money, payments, fintech, banking, FX, trading).
- Experience developing and maintaining risk frameworks, registers, MI.
- Experience in a managerial level or similar position.
- Strong analytical and problem-solving skills, with the ability to make sound, data-driven decisions in complex compliance and risk management scenarios.
- Exceptional communication and relationship-building skills, with the capacity to effectively advocate for solutions and gain buy-in from diverse stakeholders.
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Finance
Industries: Financial Services, Banking, Investment Banking
Risk Manager employer: Saxton Leigh
Contact Detail:
Saxton Leigh Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those in risk management. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK and EU regulatory frameworks. We want you to be able to discuss how you've tackled risk management challenges in the past, so have some solid examples ready!
✨Tip Number 3
Showcase your analytical skills! During interviews, highlight specific instances where your data-driven decisions made a difference. This will demonstrate your problem-solving abilities and make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that match the Risk Manager role. Highlight your understanding of risk management frameworks and any relevant regulatory experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background aligns with our needs. Don’t forget to mention your experience in regulated financial institutions!
Showcase Your Communication Skills: Since this role involves conveying complex risk assessments, make sure your application demonstrates your exceptional communication abilities. Use clear and concise language to show us you can influence action and compliance effectively.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Saxton Leigh
✨Know Your Risk Frameworks
Make sure you brush up on your understanding of risk management frameworks, especially those relevant to UK and EU regulations. Be ready to discuss how you've applied these in your previous roles, as this will show your depth of knowledge and experience.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios where you've identified, assessed, or mitigated risks. Think of examples from your past work that highlight your analytical skills and problem-solving abilities. This will help demonstrate your capability to handle complex compliance situations.
✨Showcase Your Communication Skills
As a Risk Manager, you'll need to convey complex information clearly. Prepare to discuss how you've effectively communicated risk assessments and recommendations to various stakeholders. Practising this will help you articulate your thoughts confidently during the interview.
✨Demonstrate Leadership and Training Experience
Since the role involves providing training and leading teams, be ready to share examples of how you've educated others on risk management. Highlight any leadership experiences that showcase your ability to influence and gain buy-in from diverse groups.