Job title: Risk Manager
Job type: Permanent
Location: Bath, UK

Job Description

Risk Manager
12-Month Fixed Term Contract
£60,000 base + exceptional benefits
Hybrid working with occasional days in Bath

As a trusted hiring partner of a prestigious, multi-award-winning wealth management organization, we are excited to invite a skilled Risk Manager to join their dynamic team. In this pivotal role, you will deliver and maintain the enterprise risk management framework for the Group while executing a robust second-line assurance program.

Key Responsibilities:

  • Ensure the Enterprise Risk Management Framework operates seamlessly and effectively across the organization.
  • Proactively identify, describe, and assess risks that impact the business.
  • Oversee incident recording and reporting, manage closure approvals, and conduct trend analysis.
  • Leverage your regulatory and technical expertise to swiftly assess risks and provide decisive, risk-based solutions to complex challenges.
  • Drive the success of the Control Assessment plan, delivering exceptional second-line assurance.
  • Clearly understand and apply the Group's risk appetite in all risk assessments and evaluations.
  • Contribute significantly to determining the company's regulatory risk capital requirements.
  • Cultivate and strengthen a robust risk culture within the organization.
  • Actively coach and support teams throughout the organization in effectively implementing the Enterprise Risk Management Framework.
  • Identify and escalate key and emerging risks from various business units.
  • Partner with leadership in reporting to the Executive Committee, Executive Risk Committee, Board, and Audit and Risk Committee.
  • Collaborate closely with internal Compliance and Inner Audit teams to outline and implement essential steps for mitigating regulatory and business risks.

Essential

  • Proven technical expertise in risk management with a deep understanding of operational risk management in the financial services sector.
  • Solid experience operating Risk and Control Self-Assessments (RCSAs) and Key Risk Indicators (KRIs).
  • Strong strategic and analytical thinking capabilities.
  • Ability to compile and articulate comprehensive Risk Management Information (MI) and reporting.
  • Extensive experience in designing and developing Risk Frameworks and Policies.
  • In-depth understanding of Risk Appetite Frameworks.
  • Comprehensive knowledge of risk management practices.
  • Proven experience in managing incidents effectively.

Desirable Qualifications:

  • Diploma in Risk Management from the Institute of Risk Management (IRM) or equivalent.
  • IAQ qualification or similar.
  • Familiarity with SIPP, ISA, GIA, and Bond Products.
  • Experience in outsourcing and oversight of critical suppliers.
  • Background in Platform or Discretionary Fund Management.

Daily Responsibilities:You will lead efforts in collaboration with first-line colleagues, streamlining risk management processes, and championing a strong risk culture. You will provide invaluable support to business functions while empowering the Executive and Senior Leadership teams to confidently navigate and own risk matters.

Benefits:

  • Competitive £60,000 salary for the duration of the 12-month FTC.
  • Flexible hybrid working arrangement (a blend of remote and office).
  • Generous annual discretionary bonus.
  • 34 days of holiday per calendar year, including bank holidays.
  • Dedicated wellbeing day for personal rejuvenation.
  • Strong support for professional development initiatives.
  • Comprehensive private medical scheme.
  • Income protection scheme for peace of mind.
  • Life assurance scheme for added security.
  • Group contributory pension scheme.
  • Interest-free season ticket loans to ease your travel expenses.
  • A designated day for engaging in charitable activities.

Step into a role where you can truly make an impact and lead the charge in risk management excellence!