Risk Manager

Austin Fraser; Bath; Hybrid; GBP 60,000; Full time

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 Qualifications:

• 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.
• Wealth management/asset management/financial services/banking sector experience.

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!