Job Description
Our industry leading client is looking for a RISK manager to join the team! This opportunity is with a fantastic Financial Services Software group. To be considered for this position, APPLY NOW!
The Role: RISK MANAGER
Location: Horsham
Salary: £45,000 - £50,000
Skills and knowledge
- Detailed knowledge of FCA rules and their interpretation/application
- Understanding of risk and factors affecting risk within a financial services company
- Ability to evaluate FCA handbooks and thematic outputs
- Ability to interpret legal requirements and European directives
- Ability to engage with and motivate others whilst remaining flexible/adaptable
- Highly developed analytical, observational and communication skills
- Understanding of technology and being comfortable working in a technology focused business
Qualification requirements
- Minimum of level 4 Diploma in regulated financial planning (or equivalent), with significant progress towards the achievement of further qualifications desired
- Experience with a risk function
General responsibilities
- Chair and contribute to risk committees and other committees within the Group
- Keep up-to-date with regulatory and industry developments
- Assist the Group Compliance Director in managing risk throughout the business
- Provide evaluation reports to the Compliance Director
- Formulate gap analyses and action plans where required
- Manage risk in respect of GDPR across the Group
- Provide annual risk evaluations and annual risk reports
- Undertake project work
- Assist with documenting new procedures, systems and controls
- Act as an internal policy owner for Group policies where deemed appropriate
- Liaise effectively with senior management in respect of regulatory and commercial issues
- Assist the Compliance Director in providing a timely response to requests for information, regulatory returns and other data gathering
- Assist in making all appropriate notifications to the FCA
Risk & GDPR Officer responsibilities
- Produce risk MI monthly
- Assist with the management of risks as identified through the committee structure
- Track / coordinate actions and risk mitigations
- Apply a risk-based and common-sense approach to the compliance risk management process
- Undertake appropriate reviews of FCA outputs, ensuring that the findings are accurately recorded and handled appropriately so as to mitigate associated risks
- Produce analysis of internal procedural gaps and make suggestions of actions needed
- Provide technical support throughout the Group's businesses and to staff
- Undertake internal reviews of process sufficiency and provide findings to the Compliance Director
- Provide support to other areas of the Compliance Department
Ad-hoc Responsibilities
- Take on tasks and projects as delegated by the Compliance Director, applying a can-do attitude and a timely approach to work outside that of technical interpretation
- Complete tasks to a high standard and apply initiative to accommodate for wider issues.
Desirable Qualifications and Experience
- L6 Advanced Diploma working towards Chartered Status
- J07 Supervision in a Regulated Environment
- Significant compliance experience within the financial services, preferably in an investment or insurance environment. An in-depth understanding of FCA/PRA regulatory expectations
- Experience working within a network, platform or product provider
