Product Risk Manager (Part-Time role)

Michael Page; London; Hybrid; GBP 65,000 - 80,000; Part time

Job summary

A growing investment management firm in London seeks a Product Risk Manager to identify and manage risks related to financial products. This part-time position offers a competitive salary of £65,000–£80,000 per annum and opportunities for professional development in a supportive environment.

Benefits

Competitive salary

Comprehensive pension

Health benefits

Professional development opportunities

Qualifications

• Minimum of 5 years' experience in a risk management role within financial services.
• Experience in facilitating structured risk assessment activities.
• Understanding of product governance frameworks.

Responsibilities

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

Skills

Risk management

Investment/credit analysis

Regulatory compliance

Team leadership

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.

Client Details

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

Description

• 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.