Product Risk Manager (Part-Time Role)

Michael Page; City Of London; On-site; GBP 65,000 - 80,000; Part time

Job summary

A leading investment management firm in London seeks a Product Risk Manager to identify and manage risks associated with financial products. The role requires a minimum of 5 years' experience in risk management and offers a competitive salary of approximately £65,000-£80,000 per annum alongside comprehensive benefits. This permanent part-time position emphasizes work-life balance within a professional environment.

Benefits

Comprehensive pension package

Health benefits

Professional development opportunities

Qualifications

• Minimum of 5 years' experience in a risk management role within financial services.
• Experience in investment/credit analysis.
• Familiarity with regulatory requirements such as Consumer Duty.

Responsibilities

• Identify and evaluate risks associated with financial products.
• Support the development of risk management frameworks.
• Prepare detailed risk assessment reports for stakeholders.

Skills

Risk management

Investment analysis

Regulatory compliance

Data analysis

Job description

Overview

The Product Risk Manager (3 days per week) will play a key role in identifying, analysing, and managing risks associated with financial products within the Risk function.

The role is within a growing Investment Management firm who have an innovative range of investments they offer to both retail and institutional clients.

Responsibilities

• Identify and evaluate risks associated with financial products and propose mitigation strategies.
• Support the development and implementation of risk management frameworks and policies.
• Collaborate with internal teams to ensure compliance with regulatory requirements.
• Prepare detailed risk assessment reports and present findings to senior stakeholders.
• Monitor market trends and changes in the financial services industry to assess potential risks.
• Conduct regular reviews of risk controls and recommend improvements where necessary.
• Provide training and guidance to team members on risk management practices.
• Ensure accurate documentation and maintenance of risk-related data and reports.

Profile

• A successful Product Risk Manager should have:
• Minimum of 5 years\' experience in a risk management role within financial services, with team or project leadership responsibilities.
• Experience in investment/credit analysis.
• Experience in facilitating and challenging structured risk assessment activities, including Risk and Control Self-Assessments (RCSA), scenario analysis, and thematic deep dives.
• Experience of the broader regulatory and legislative requirements of product risk, such as Consumer Duty, CASS.
• Understanding of product governance frameworks and oversight of product lifecycle activities (e.g. new product approvals, value assessments, customer outcome reviews).

Job Offer

• Competitive salary of approximately £65,000-£80,000 (FTE) per annum.
• Comprehensive pension and health benefits package.
• Opportunities for professional development and career progression.
• Work in a professional and supportive environment within the London financial services sector.
• Permanent part-time position with a focus on work-life balance.