Risk Business Partner - Retail Banking

JR United Kingdom; London; On-site; GBP 60,000 - 70,000; Full time

Job summary

An established industry player is seeking a Risk Business Partner for Retail Banking in London. This role offers an exciting opportunity to influence business strategies and risk management practices in a dynamic environment. You will provide high-quality risk input on new products and change initiatives while ensuring compliance with FCA regulations. Your expertise in Conduct, Credit, Operational, and Financial risks will be crucial in shaping risk appetite proposals and promoting good customer outcomes. Join a forward-thinking team dedicated to excellence in risk governance and customer advocacy.

Qualifications

• Experience in financial services and risk management.
• Knowledge of FCA regulations and Consumer Duty principles.

Responsibilities

• Facilitate risk register processes and support risk identification.
• Review and challenge risk forum papers and governance methodologies.

Skills

Risk Management

Conduct Risk

Credit Risk

Operational Risk

Financial Risk

Interpersonal Skills

Communication Skills

Collaboration Skills

Job description

Social network you want to login/join with:

Risk Business Partner - Retail Banking, London

Client:

Broadgate

Location:

London, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Views:

4

Posted:

28.04.2025

Expiry Date:

12.06.2025

Job Description:

Risk Business Partner - Retail Banking - mortgages, savings - £60,000-£70,000

The client has a fantastic opportunity for a Risk Business Partner to provide high-quality risk input on matters relating to business strategy, new products, change initiatives, risk committee papers, risk registers, and incidents as required.

Key Responsibilities:

• Understand the strategic aims of the business areas you support, along with the day-to-day context of doing business.
• Facilitate the risk register process for partnered functions, including risk identification, control design, risk assessment based on control effectiveness, and guide through risk acceptance and mitigation processes when necessary.
• Support and challenge the business in identifying, defining, and setting appropriate risk and control thresholds, including Board Risk Appetite metrics.
• Support the business in defining good customer outcomes and advocate for the customer.
• Review and challenge risk forum and committee papers, proposals, policies, processes, and governance methodologies.
• Educate and coach partnered business areas on core risk methodologies, governance requirements, and use of the Risk Management system.
• Encourage engagement with other risk specialisms such as Data Governance, Information Security, and Supplier Management.
• Understand the change agenda, represent the second line on key projects, and provide challenge on impacts to the risk and control environment.

Key Skills & Experience Required:

• Experience in the financial services industry and/or a technology-based service provider.
• Risk specialist in Conduct risk, with knowledge of Credit, Operational, and Financial risks.
• Understanding of FCA and legal requirements related to conduct within consumer finance.
• Knowledge of Consumer Duty, the new Consumer Principles, Cross-cutting rules, and four Outcomes.
• Experience developing and monitoring risk appetite proposals for senior management/board review, and reviewing business risk profiles.
• Experience with risk frameworks and ensuring strong risk governance.
• Developing, reviewing, and challenging Credit, Conduct, and Operational risks.
• Developing engagement strategies with key partners to communicate risks and resolutions.
• Excellent interpersonal, communication, collaboration, and influencing skills to work effectively with the business.