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- Tasks: Identify and manage operational risks while ensuring compliance in a dynamic team environment.
- Company: Customer-focused mortgage and savings provider with a commitment to risk management.
- Benefits: Competitive salary up to £50k, supportive team, and opportunities for professional growth.
- Why this job: Be the frontline defender of the business and make a real impact on risk management.
- Qualifications: Experience in first line operational risk and strong collaboration skills.
- Other info: Join a small, agile team dedicated to continuous improvement and operational resilience.
The predicted salary is between 36000 - 60000 £ per year.
Are you a Risk specialist, with previous experience in first line, operational risk? Our client is a customer centric mortgage and savings provider, seeking a First Line Risk Specialist to join their team. Working in a smaller team of 3, you will be acting as the primary defence to the business, identifying, managing and mitigating risks associated with the organisations savings and mortgage operations, being proactive and integral to maintaining regulatory compliance.
The First Line Risk Specialist is focused on ensuring the effectiveness of operational risk management and first line control oversight. This role emphasises operational resilience, supplier management, and the drive for continuous improvement to support business objectives while fostering a risk-aware culture.
Duties will include:
- Collaborate with business teams to identify and assess operational and compliance risks.
- Support the design, implementation, and monitoring of effective controls.
- Guide teams in escalating and investigating risk incidents and compliance breaches.
- Act as the primary liaison between suppliers, clients, and internal teams.
- Facilitate risk and control self-assessments (RCSAs) and recognise enterprise-wide themes.
- Coordinate root cause analysis and remedial actions for risk incidents and compliance breaches.
First Line Risk Specialist employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land First Line Risk Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the risk management field and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of operational risk and compliance. Be ready to discuss real-life scenarios where you've identified and mitigated risks, as this will show you're the right fit for the First Line Risk Specialist role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills and interests, and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you're the perfect candidate for the job.
We think you need these skills to ace First Line Risk Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the First Line Risk Specialist role. Highlight your experience in operational risk and any relevant skills that match the job description. We want to see how you can be the primary defence for the business!
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 previous experiences make you a great fit for our team. Let us know how you can contribute to maintaining regulatory compliance.
Showcase Your Collaboration Skills: Since this role involves working closely with various teams, make sure to highlight your collaboration skills in your application. Share examples of how you've successfully worked with others to identify and manage risks in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application 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 Ultimate Banking
✨Know Your Risk Stuff
Make sure you brush up on your knowledge of operational risk management and compliance. Familiarise yourself with the specific risks associated with mortgage and savings operations, as well as any recent regulatory changes that might affect the role.
✨Showcase Your Collaboration Skills
Since this role involves working closely with various teams, be ready to share examples of how you've successfully collaborated in the past. Highlight your ability to communicate effectively and guide teams through risk assessments and incident investigations.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific risk incidents or compliance breaches. Think about real-life examples where you've identified risks and implemented controls, and be prepared to discuss the outcomes.
✨Emphasise Continuous Improvement
This role is all about fostering a risk-aware culture and driving continuous improvement. Be ready to talk about how you've contributed to enhancing processes in previous roles and how you plan to bring that mindset to the new position.
