first line risk manager

Broadgate; London; On-site; GBP 65,000; Full time

Job summary

A progressive financial services organization is seeking a First Line Risk Manager to enhance their risk and compliance frameworks. This role involves collaboration with various teams to support compliance and governance objectives, targeting individuals with a strong financial services background, particularly in private banking and wealth management.

Benefits

Professional development opportunities

Collaborative work environment

Qualifications

• Experience in financial services in a risk or compliance role.
• Strong communication skills for data presentation and reporting.
• Proficiency in data analysis and Excel.

Responsibilities

• Support risk management frameworks, focusing on data protection and financial crime.
• Lead first line monitoring reviews and ensure compliance.
• Prepare and manage the Risk and Control Self-Assessment process.

Skills

Risk management

Compliance

Data analysis

Communication

Project management

Problem-solving

Education

Experience in financial services

Tools

Excel

Job description

Direct message the job poster from Broadgate

Helping organisations build teams across - Enterprise risk, Operational Risk, Operational Resilience

First Line Risk Manager - £65,000 - Private Banking

This is an exclelent opportunity for someone with a background in private Banking / Wealth management to come in and make an impact within a very progressive organisation.

Overview
This is a first line of defence role within a regulated financial services organisation, focused on supporting Private Banking & Wealth Management. The position is responsible for helping the business meet its strategic objectives while ensuring effective governance and compliance with regulatory obligations. The role involves close collaboration with teams such as Risk, Compliance, Operational Resilience, Financial Crime, and Legal.

• Embed and enhance risk and compliance frameworks across business units, with a focus on data protection, financial crime, and other key areas.
• Lead and participate in first line monitoring reviews, coordinating resulting actions and maintaining appropriate records.
• Support the operation of the firm’s overarching Risk Management Framework by fostering an effective control environment, including control testing and input into capital adequacy assessments.
• Work with senior stakeholders to align business strategy with risk appetite.
• Ensure timely escalation, reporting, and resolution of risk incidents in line with internal policies.
• Prepare and manage the Risk and Control Self-Assessment (RCSA) process, reflecting ongoing risk assessments and business changes.
• Track and report on mitigation plans for identified control gaps, risk events, breaches, and client complaints.
• Manage documentation of risk acceptances, track key risk indicators (KRIs), and monitor for emerging risks.
• Contribute to or lead regulatory change initiatives, and help respond to information requests from regulators where necessary.
• Support prospect and client meetings, including input on RFPs and due diligence requests.
• Promote awareness and understanding of risk and regulatory frameworks across the business through training and coaching.
• Oversee delivery of Consumer Duty obligations, including preparing board reports and leading working group meetings.
• Encourage a resilient culture by supporting operational resilience awareness and initiatives.
• Maintain a strong understanding of risk policies, ensure timely incident reporting, and complete all relevant training requirements.

First Line Risk Manager - £65,000 - Private Banking

This is an exclelent opportunity for someone with a background in private Banking / Wealth management to come in and make an impact within a very progressive organisation.

Overview
This is a first line of defence role within a regulated financial services organisation, focused on supporting Private Banking & Wealth Management. The position is responsible for helping the business meet its strategic objectives while ensuring effective governance and compliance with regulatory obligations. The role involves close collaboration with teams such as Risk, Compliance, Operational Resilience, Financial Crime, and Legal.
The successful candidate will support UK-based business risk activities (including strategic, financial, and operational risks), contribute to regulatory change initiatives, and participate in client- and project-related agendas.
Key Responsibilities

• Embed and enhance risk and compliance frameworks across business units, with a focus on data protection, financial crime, and other key areas.
• Lead and participate in first line monitoring reviews, coordinating resulting actions and maintaining appropriate records.
• Support the operation of the firm’s overarching Risk Management Framework by fostering an effective control environment, including control testing and input into capital adequacy assessments.
• Work with senior stakeholders to align business strategy with risk appetite.
• Ensure timely escalation, reporting, and resolution of risk incidents in line with internal policies.
• Prepare and manage the Risk and Control Self-Assessment (RCSA) process, reflecting ongoing risk assessments and business changes.
• Track and report on mitigation plans for identified control gaps, risk events, breaches, and client complaints.
• Manage documentation of risk acceptances, track key risk indicators (KRIs), and monitor for emerging risks.
• Contribute to or lead regulatory change initiatives, and help respond to information requests from regulators where necessary.
• Support prospect and client meetings, including input on RFPs and due diligence requests.
• Promote awareness and understanding of risk and regulatory frameworks across the business through training and coaching.
• Oversee delivery of Consumer Duty obligations, including preparing board reports and leading working group meetings.
• Encourage a resilient culture by supporting operational resilience awareness and initiatives.
• Maintain a strong understanding of risk policies, ensure timely incident reporting, and complete all relevant training requirements.

Skills & Experience Required

• Experience in financial services in a risk or compliance role, with working knowledge of RCSA processes.
• Strong interest in risk management and first line of defence responsibilities.
• Ability to develop deep knowledge of products, services, and regulatory requirements.
• Strong communication skills, particularly in data presentation, incident reporting, and senior stakeholder engagement.
• Excellent written communication skills for drafting policies and procedures.
• Proficiency in Excel and data analysis; strong general IT skills and adaptability to new systems.
• Project management experience and the ability to coordinate across multiple teams.

Attributes & Behaviours

• Strong problem-solving abilities and creative thinking.
• Effective and credible communicator with internal and external stakeholders.
• Collaborative and team-oriented mindset.
• Energetic, adaptable, and process-improvement focused.
• Excellent time and project management skills.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

• Industries

  Banking

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