Risk & Assurance Officer

Evolution Money; Manchester; On-site; GBP 22,000 - 37,000; Full time

Benefits offered by this job

Birthday off

25 days leave

Pensions 5% match

Long service awards

Cycle to work

Life assurance

Job summary

Evolution Money is recruiting for a role within the Compliance, Oversight, Risk and Assurance team in Manchester. You will execute independent assurance reviews, maintain risk registers, and administer the Enterprise Risk Management framework to ensure risks are identified and monitored.

You will produce clear reports with recommendations, track performance against the risk appetite, investigate incidents, conduct horizon scanning and support the wider Compliance & Oversight directorate.

Qualifications

• 2+ years in risk, assurance or related governance within financial services.
• Strong understanding of FCA, PRA, Consumer Duty and financial crime obligations.
• Ability to manage multiple assurance activities to tight deadlines.
• High attention to detail and solid problem-solving.
• English communication, both written and verbal.

Responsibilities

• Execute independent assurance reviews and test first-line controls.
• Produce clear draft reports with evidence-based findings.
• Maintain risk registers, dashboards and reporting packs.
• Operate the Enterprise Risk Management framework daily.
• Track metrics against risk appetite framework and tolerances.
• Investigate risk events, perform root-cause analyses, track remediation.
• Horizon scanning to identify emerging risks and regulatory developments.
• Complete third-party and supplier due diligence assessments.
• Drive continuous improvement across risk and assurance activities.
• Support the Compliance & Oversight team as needed.
• Perform any other duties deemed appropriate.

Skills

Risk governance knowledge

Regulatory expectations

English communication

Multi-tasking

Attention to detail

Education

IRM/ICA/IIA ISO certifications

Tools

GRC software

Risk management software

Job description

Basic Salary

up to £37,000 depending on experience

About us

Evolution Money is a Certified B Corp with a social purpose. At Evolution Money, our mission is to redefine financial inclusion by providing bespoke lending solutions to UK homeowners. We are committed to empowering individuals and fostering long-term financial well-being. Through innovative and purpose-driven approaches, we aim to challenge traditional norms and create a pathway for those who might be overlooked by conventional financial institutions.

About the team

The Compliance, Oversight, Risk and Assurance team ensures the organisation meets regulatory expectations, manages key risks, and maintains strong governance. The team covers a range of specialist areas including Compliance Oversight, Outcomes Monitoring, Conduct Risk, Horizon Scanning, Regulatory Liaison, Data Protection, Financial Crime, Regulatory Policy, Governance, Whistleblowing, Complaints, Customer Communications, Consumer Duty reporting, and regulatory permissions.

Within the team, the Risk & Assurance function provides independent challenge and oversight. Assurance delivers objective testing of controls and oversight mechanisms, giving evidence that risks are well managed and controls operate effectively. Risk Management oversees the Enterprise Risk Management framework, including risk appetite, incident management, monitoring, and reporting. Together, these functions help ensure risks are understood, controls remain effective, and the organisation operates safely and compliantly.

The role

Part of the Compliance, Oversight, Risk, and Assurance team, reporting to the Risk and Assurance Manager, you will execute core risk and assurance activities. This is an excellent opportunity to become a valued member of Team Evo and grow with us. As the primary executor of departmental processes, you will deliver independent assurance reviews that validate key controls and administer the Enterprise Risk Management framework to ensure risks are accurately identified and monitored.

Key responsibilities

• Execute independent assurance reviews and objective control testing to assess the effectiveness of first-line controls and oversight mechanisms.
• Produce clear, high-quality draft assurance reports containing evidence-based findings and actionable recommendations for senior review.
• Maintain and update risk registers, dashboards, and reporting packs to ensure accurate information is available for executive and board-level committees.
• Administer the daily operation of the Enterprise Risk Management framework to ensure consistent risk identification, assessment, and monitoring.
• Track performance metrics against the agreed risk appetite framework and collate data on targets and tolerances.
• Investigate and analyse risk events and incidents, complete root-cause analysis, and track remediation actions through to resolution.
• Undertake diligent horizon scanning to identify emerging risks, trends, and regulatory developments impacting the organisation.
• Complete third-party and supplier due diligence assessments.
• Drive continuous improvement across both risk and assurance activities, embedding best practices and enhancing organisational resilience.
• Support the Compliance & Oversight team, as required, to deliver on the directorate’s objectives.
• Any other duties deemed appropriate by the business

Qualifications (minimum)

• A good standard of verbal and written communication in English.
• At least 2 years in a Risk, Assurance, Compliance, Internal Audit, or related governance function within financial services or a regulated environment.
• A strong understanding of regulatory expectations and governance requirements relevant to the sector, including FCA, PRA, Consumer Duty, and financial crime obligations
• The ability to manage multiple assurance and risk activities simultaneously, often to tight deadlines.
• High attention to detail alongside excellent decision-making and problem-solving skills.

Qualifications (additional)

• Intelligent, articulate, and persuasive individual, who can communicate risk and assurance related concepts to both technical and non-technical employees.
• Excellent time management and organisational skills with the ability to manage changes to priorities.
• Experience providing constructive feedback or coaching to peers.
• The ability to work effectively as a team member and upon your own initiative.
• Professional qualifications such as IRM, ICA, IIA, ISO‑based certifications, or equivalent risk/assurance accreditations.
• Experience using GRC or risk management software tools to support reporting and analysis.
• Prior involvement in third-party or supplier risk assessments and audit coordination.
• Experience working with Consumer Duty, conduct risk frameworks, or outcomes monitoring.
• Exposure to data governance, data protection, or financial crime risk environments.
• A background operating in fast-growth, change-heavy, or multi-regulated environments.

The responsibilities set out in this document and any additional information are intended to provide a guide to the role. It is not possible to include everything you will be asked to undertake, and we expect all employees to work flexibly according to business needs and to enhance your own development. Your skills, abilities and training needs will be taken into account and discussed with you when any significant changes to your role are needed.

Here’s what you’ll get back

• Up to 25 days’ annual leave + Bank Holidays
• Your birthday off, every year!
• A contributory pensions scheme, matched up to 5%
• Long Service Awards
• Cycle to work scheme
• Life Assurance

Company Culture

Join us on our journey to redefine financial inclusivity. As we continue to evolve, so do the possibilities for those we serve. Our goal is not just to provide loans but to architect a future where financial empowerment is a reality for everyone.

At Evolution Money, we value creativity, innovation, and a collaborative spirit. Our team is dedicated to delivering exceptional results and creating a positive impact in the financial services industry. We believe in fostering a work environment that encourages growth, learning, and teamwork.

We are committed to encouraging equality, diversity and inclusion and aim to create a working environment where every employee is respected.

We will provide fairness, and respect to all our prospective employees, and all hiring decisions are based on merit.

We aim to ensure that no job applicant is placed at a disadvantage by practices or requirements which disproportionately disadvantage protected groups, and which are not justified by the demands of the role.

Everyone is welcome at Evolution Money! We are proud in creating an inclusive and diverse culture in our Evo Team community. We want to ensure that you feel comfortable and can give your best throughout the recruitment process. We encourage applications from all backgrounds and communities, and we are more than happy to discuss any reasonable adjustments that you may require. Please get in touch with us at any stage of recruitment to discuss it: [e-mail]

If you need any support with completing this application, please contact [e-mail] and we will be happy to assist.

Evolution Money is a Disability Confident Committed employer. We offer interview to anyone with disability who meets the minimum criteria for the role.