IT Risk & Control Specialist

Lorien; Milton Keynes; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Milton Keynes is seeking an experienced IT Risk & Controls Specialist to enhance risk management practices. The role involves compliance with regulatory standards, preparing risk reports, and fostering a strong risk culture across technology functions. Candidates should have senior-level experience in IT risk management within regulated industries and a deep understanding of compliance and technology standards. Professional certifications are desirable.

Qualifications

• Senior‑level expertise in IT risk management within regulated industries.
• Strong understanding of compliance and technology standards.
• Proven ability to manage stakeholder decisions.

Responsibilities

• Champion a strong risk culture across the technology function.
• Design and implement effective control measures according to standards.
• Prepare and present risk reports to management and regulatory bodies.

Skills

IT risk management

Regulatory frameworks

Stakeholder influence

Audit management

Education

Professional certifications (eg, CRMP, CIA)

Tools

GRC tools

Data analytics

Job description

IT Risk & Controls Specialist Location: Milton Keynes

Santander is seeking a highly motivated IT Risk & Controls Specialist to lead and enhance risk management practices across both cloud and on‑premise environments within the CIO function. This pivotal role ensures compliance with legal, regulatory, and internal standards, while supporting audits and fostering a culture of proactive risk awareness.

Key Responsibilities

• Champion a strong risk culture across the technology function.
• Design and implement effective control measures aligned with financial services standards and regulatory requirements.
• Act as the subject matter expert for IT Risk & Controls across cloud and on‑prem platforms.
• Prepare and present risk reports to senior management and regulatory bodies.
• Lead continuous improvement initiatives balancing control effectiveness with business needs.

Essential Skills & Experience

• Senior‑level expertise in IT risk management within regulated industries, ideally Tier 1 banks.
• Strong understanding of regulatory frameworks, compliance, and technology standards.
• Proven ability to influence stakeholders and manage risk appetite decisions.
• Experience managing audits and large‑scale risk assessments.

Desirable Qualifications

• Familiarity with GRC tools and data analytics.
• Professional certifications (eg, CRMP, CIA).