Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Identify and manage operational risks in a dynamic mortgage and savings environment.
- Company: Customer-centric mortgage and savings provider with a small, collaborative team.
- Benefits: Hybrid working, 27 days leave, private healthcare, and a bonus scheme.
- Why this job: Be the first line of defence in risk management and make a real impact.
- Qualifications: Experience in operational risk and strong relationship-building skills required.
- Other info: Great opportunity for career growth in a supportive, risk-aware culture.
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.
- Oversee operational & supplier-related risks and incidents, managing them from initial mitigation through to completion.
- Close collaboration between the operations team, business units, suppliers, and second & third-line risk functions to ensure alignment and comprehensive oversight.
The successful individual will possess:
- A wealth of experience within a first line, operational risk role.
- Strong relationship building skills.
- Previous experience in a financial services setting, ideally within a mortgage lender.
- Prior experience of managing third party relationships would be highly desirable.
Along with offering a competitive salary, our client offers a hybrid approach to the working week, with 2 days based at their head office and the remainder working remotely. Company benefits include: 27 days annual leave (plus an additional day for your birthday and bank holidays), pension scheme, private healthcare, bonus scheme, voluntary days and more!
If this sounds like your next role, please apply today!
First Line Risk Specialist in Market Harborough employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land First Line Risk Specialist in Market Harborough
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who have experience in operational risk. 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 risk management frameworks and compliance regulations. We recommend practising common interview questions related to operational risk to showcase your expertise.
✨Tip Number 3
Showcase your relationship-building skills! During interviews, share examples of how you've successfully collaborated with teams or managed third-party relationships. This will highlight your fit for the First Line Risk Specialist role.
✨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 First Line Risk Specialist in Market Harborough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of First Line Risk Specialist. Highlight your experience in operational risk and any relevant achievements that showcase your skills in managing risks and compliance.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the duties listed in the job description, like collaborating with teams or managing supplier relationships.
Showcase Your Relationship-Building Skills: Since strong relationship-building skills are key for this role, make sure to include examples of how you've successfully collaborated with different teams or managed third-party relationships in your application.
Apply Through Our Website: We encourage you to apply 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!
How to prepare for a job interview at Ultimate Banking
✨Know Your Risk Stuff
Make sure you brush up on your operational risk knowledge. Understand the key concepts and frameworks that are relevant to the role, especially those related to mortgage and savings operations. Being able to discuss specific examples from your past experience will show that you’re not just familiar with the theory but can apply it in practice.
✨Show Off Your Relationship Skills
Since this role involves liaising with various teams and suppliers, be prepared to talk about how you've built and maintained relationships in previous roles. Think of specific instances where your communication skills helped resolve a risk issue or improved collaboration. This will demonstrate your ability to work effectively in a team-oriented environment.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Think about potential risk incidents you might encounter in the role and how you would handle them. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Emphasise Continuous Improvement
The job description highlights a drive for continuous improvement. Be ready to discuss how you've contributed to enhancing processes or controls in your previous roles. Share specific examples of initiatives you’ve led or been part of that resulted in better risk management or compliance outcomes.
