At a Glance
- Tasks: Own the risk management framework and ensure risks are identified and mitigated.
- Company: Join a leading financial services firm with a focus on innovation and compliance.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative culture with strong emphasis on training and development.
- Why this job: Make a real impact by shaping risk strategies in a dynamic financial environment.
- Qualifications: 5+ years in risk management within regulated financial institutions required.
The predicted salary is between 60000 - 80000 £ 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 in some cases 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 a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK and EU regulatory frameworks. We want you to showcase your expertise in risk management and demonstrate how you can add value to the team.
✨Tip Number 3
Don’t just wait for job postings! Be proactive and apply through our website. Tailor your application to highlight your experience in developing risk frameworks and managing compliance, making it clear why you're the perfect fit.
✨Tip Number 4
Practice your communication skills! You’ll need to convey complex risk assessments clearly. Mock interviews with friends can help you articulate your thoughts and build confidence before the real deal.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your risk management expertise and any relevant regulatory knowledge to show us you’re the right fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about risk management. Share specific examples of how you've successfully managed risks in previous roles, and don’t forget to mention your experience with regulatory frameworks!
Showcase Your Communication Skills: Since this role involves conveying complex information to various stakeholders, make sure your application demonstrates your exceptional communication skills. 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. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
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. Prepare examples that highlight your analytical skills and problem-solving abilities, showcasing how you made data-driven decisions in complex situations.
✨Communicate Clearly and Confidently
Since the role involves conveying risk assessments and recommendations to various stakeholders, practice articulating your thoughts clearly. Use straightforward language and be prepared to explain technical concepts in a way that non-experts can understand.
✨Showcase Your Relationship-Building Skills
Demonstrate your ability to build relationships across teams. Think of examples where you've influenced action or gained buy-in from diverse stakeholders. This will highlight your exceptional communication skills and your capacity to work collaboratively.