At a Glance
- Tasks: Lead risk management frameworks and collaborate with department heads to identify and mitigate risks.
- Company: Join the innovative Xace Group, a leader in fintech and financial services.
- Benefits: Competitive salary, hybrid work options, and opportunities for professional growth.
- Other info: Dynamic environment with strong growth ambitions and exposure to regulatory frameworks.
- Why this job: Make a real impact on risk management while working closely with senior leadership.
- Qualifications: Experience in fintech or financial services and strong risk management skills.
The predicted salary is between 55000 - 65000 £ per year.
We are seeking an experienced and commercially minded Risk Lead to join the Xace Group. This is a senior manager-level role with responsibility for leading and embedding the company's risk management frameworks.
This role is suited to an individual with strong fintech or financial services experience who is confident operating autonomously while partnering closely with senior leadership and the Board. This is a hands-on role where you will work directly with department heads and their teams to identify, measure and document risk across all risk types, whilst actively supporting the remediation and compensating controls for those risks in line with our framework.
You will take ownership of an established risk framework, as well as policies and risk register and drive them forward across the business, keeping them current as the business and regulatory landscapes evolve, and report quarterly to the Board on risk exposure across the Xace Group.
Key Responsibilities- Identify and assess risk across all risk types including operational, strategic, environmental, compliance and technology risk.
- Work directly with department heads and their teams to guide and support risk assessments while building risk awareness and capability across the business.
- Own and maintain the group risk register, risk appetite statements and control effectiveness reviews ensuring they accurately reflect current exposures across all group entities.
- Support teams in implementing remediation and compensating controls for identified risks.
- Own the risk policy suite while driving continuous improvement in response to corrective actions, audit findings and regulatory change.
- Report quarterly to the Board on risk exposure, key risk indicators and mitigation progress across the Xace Group.
- Support internal audit and regulatory inspections as required.
This role covers risk management across our regulated sister companies under a single consistent group risk framework. You will apply and maintain this framework across all entities ensuring a unified approach to risk identification, assessment and reporting.
Familiarity with the following regulatory frameworks is desirable though not essential:
- United Kingdom (FCA)
- Malta (MFSA)
- Cyprus (CBC)
- Canada (FINTRAC)
- Competitive salary of €65,000–€80,000 depending on experience.
- Opportunity to grow the risk function as the business and its regulated entities expand.
- Direct exposure to senior leadership and Board.
- Dynamic, fast-paced environment with strong growth ambitions.
- Hybrid and flexible working arrangements.
Risk Lead in London employer: Xace
Join a dynamic fintech company in London that prioritises employee growth and development, offering a hybrid work environment that fosters collaboration and innovation. As a Deputy MLRO / Senior Compliance Manager, you will benefit from a supportive work culture that values compliance excellence and provides opportunities to engage with senior stakeholders and regulators. With a focus on professional development and a commitment to maintaining a robust compliance framework, this role is perfect for those seeking meaningful and rewarding employment in a fast-paced industry.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Lead in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Xace looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Lead in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Xace. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Xace
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Xace’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
