At a Glance
- Tasks: Lead risk management and support strategic decision-making in a dynamic financial services firm.
- Company: Fast-growing Financial Services firm with a supportive culture.
- Benefits: Clear career progression to SMF4 role and opportunity to manage a small team.
- Why this job: Step into your first Head of Risk role with guidance from an experienced Chief Risk Officer.
- Qualifications: Experienced Risk Manager with a background in Financial Services and team leadership skills.
- Other info: Office-based role in Manchester City Centre with excellent growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Your first Head of Risk role, that’s what. And a clear path to the SMF4 role when you’re ready. It’s been a frustrating market for anyone looking to step up into a Head of Risk role, let alone their 1st SMF4 position, with most employers tending to replace like with like, focusing on those already experienced at this level. But this forward-thinking client sees this position as an ideal opportunity for you to make that step up.
You’ll be reporting into a very highly respected Chief Risk Officer who’ll provide you with all the support you need to be successful. Come in as Head of Risk, without the added responsibility of the SMF4 function. And then take on the SMF4 position when you’re happy and ready to do so.
What you’ll be doing:
- You’ll be working for an established, successful Financial Services firm that has seen revenues double in the last 3 years.
- Managing a small team of 5, you’ll own the Enterprise Risk Management Framework and develop, embed and monitor the Risk Appetite framework, including KRIs and tolerances.
- You’ll lead and support risk identification, assessment and reporting across all business areas and produce high quality risk reporting for the Board and Committees, including emerging risk analysis.
- You’ll provide independent challenge to business strategy and new product development and support stress and scenario testing and capital risk assessment.
- You’ll also oversee the ORSA process.
What we’re looking for:
- You’ll be an experienced Risk Manager from the Financial Services sector; we’re not hung up on any specific market experience as long as you’ve been working in FS for a number of years.
- You’ll have a proven track record of managing and developing small teams and will be able to demonstrate the ability to act as a trusted and pragmatic business partner with experience of successfully challenging senior management as and when required.
- Experience of working in a PRA-regulated environment would be advantageous.
Please note this is a fully office-based role and so you must be able to commute into the firm’s Head Office in Manchester City Centre 5 days a week.
Interested? If so, click apply and send over your CV.
Company: Fast-growing Financial Services firm
Location: Greater Manchester
Workplace: Onsite
Head of Risk in Manchester employer: Willow Resourcing
Contact Detail:
Willow Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Risk in Manchester
✨Network Like a Pro
Get out there and connect with people in the Financial Services sector. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to folks who are already in Head of Risk roles. You never know who might have the inside scoop on job openings!
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in risk management and team leadership. Share specific examples of how you've successfully challenged senior management or improved risk frameworks. This will help you stand out as a strong candidate.
✨Prepare for Interviews
Do your homework before any interview. Understand the company’s risk appetite and recent developments in their business. Prepare thoughtful questions that show you’re genuinely interested in how you can contribute to their success as Head of Risk.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, if you have any questions, you can easily reach out to us for support. We’re here to help you land that dream role!
We think you need these skills to ace Head of Risk in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Risk role. Highlight your experience in risk management and any relevant achievements that align with what we’re looking for. This shows us you’re serious about the position!
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 and how your background in Financial Services makes you a strong candidate. Keep it engaging and personal.
Showcase Your Team Management Skills: Since you’ll be managing a small team, make sure to highlight your experience in leading and developing teams. We want to see how you’ve successfully supported others in their roles and contributed to a positive work environment.
Apply Through Our Website: Don’t forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive and keen to join our team!
How to prepare for a job interview at Willow Resourcing
✨Know Your Risk Frameworks
Make sure you’re well-versed in the Enterprise Risk Management Framework and Risk Appetite framework. Be ready to discuss how you've developed and monitored these in your previous roles, as this will show your understanding of the key responsibilities.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in managing and developing small teams. Think about specific challenges you faced and how you successfully navigated them, as this will demonstrate your capability as a trusted business partner.
✨Understand the Business Strategy
Familiarise yourself with the company’s recent growth and how risk management plays a role in their strategy. Being able to articulate how you can provide independent challenge to their business strategy will set you apart from other candidates.
✨Prepare for Scenario Testing Questions
Expect questions around stress testing and capital risk assessment. Brush up on your knowledge of the ORSA process and be ready to discuss how you would approach these tasks in the context of the firm’s operations.