Risk and Controls Manager

Starling Bank Limited; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading UK bank is looking for a Finance Risk and Control Manager to embed a robust risk management culture in Finance. This role involves leading the RCSA process and enhancing the control environment while managing issues and ensuring compliance. The ideal candidate is a Qualified Accountant with experience in risk management and strong stakeholder communication skills. This role is based in London, offering a dynamic working environment.

Benefits

25 days holiday plus public holiday flexibility

Extra holiday for birthday

Enhanced pension scheme

Life insurance at 4x salary

Private Medical Insurance

Family-friendly policies

Perkbox membership with retail discounts

Access to Cycle to Work initiatives

Qualifications

• Experience in a regulated environment, preferably in banking.
• Background in risk management, internal controls, or audit.
• Ability to challenge constructively.

Responsibilities

• Lead and facilitate the RCSA process for Finance teams.
• Work with owners to design and implement new controls.
• Oversee management of operational events and issues.

Skills

Stakeholder management

Communication skills

Attention to detail

Education

Qualified Accountant

Job description

Hello, we're Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We're a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.

Overview

The Finance Risk and Controls team is responsible for the oversight of Risk and Controls for the Finance function. The role is for a Finance Risk and Control Manager within 1LoD and is responsible for embedding a robust risk management culture and strengthening the control environment in Finance.

Your responsibilities will include:

• Risk and Control Self Assessment (RCSA): Lead and facilitate the RCSA process for all Finance teams. Proactively identify risks and ensure they are documented, assessed for impact and likelihood, and have clearly defined mitigating controls. Maintain the Finance department's risk register and Risk and Control Matrix.
• Control Design and Effectiveness Testing: Work closely with Finance process and control owners to design and implement new controls. Review periodic control testing on the design and operating effectiveness of key controls to provide assurance to Finance senior management. Identify control weaknesses, document findings, and manage the remediation plans through to completion.
• Issue and Action Management: Oversee the management of operational events and issues within Finance, ensuring timely escalation, root cause analysis, and implementation of corrective actions to prevent recurrence. Monitor the status of actions raised by Internal Audit, External Audit or second line functions and work with the teams in Finance to ensure timely action closure.
• Reporting and Governance: Assist team in preparing the monthly risk and control reporting to the Finance Committee, providing a clear view of the function's risk profile, control effectiveness and issue status. Support the team in the annual declaration process in the Annual report and accounts on the effectiveness of internal controls over financial reporting.

Qualifications and experience

• Qualified Accountant with experience working in a regulated environment (Banking sector preferable but not required).
• Experience in risk management, internal controls, internal audit, or external audit, preferably from Big 4.
• Strong stakeholder management and communication skills, with ability to challenge constructively.
• Attention to detail.

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day's holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, MrMrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can't accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren't sure if you're 100% there yet, get in touch anyway.

We're on a mission to radically reshape banking - and that starts with our brilliant team. Whatever came before, we're proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

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