Risk Manager

Chilworth Partnership; Fareham; On-site; USD 80,623 - 120,934; Full time

Job summary

An established industry player is seeking a Risk Manager to join their rapidly growing wealth management business. This exciting role involves developing a comprehensive Risk Management Framework and collaborating with key stakeholders to ensure effective risk mitigation. The ideal candidate will possess a strong understanding of the FCA Handbook and have experience in implementing risk frameworks that can scale with business growth. With a focus on embedding a risk-aware culture, this position offers the opportunity to grow your career within a dynamic organization that values innovation and collaboration. Join a team that is dedicated to excellence and make a significant impact in the world of risk management.

Qualifications

• Sound knowledge of FCA Handbook and risk frameworks.
• Experience in implementing scalable risk frameworks.

Responsibilities

• Develop and maintain an integrated Risk Management Framework.
• Act as a Risk Partner to the Group’s regulated boards.

Skills

Risk Management Framework

Risk Assessment

FCA Handbook Knowledge

Stress Testing

Stakeholder Collaboration

Microsoft Office Suite

Education

Qualifications in Financial Services

Tools

Risk-based Systems

Tracking Tools

Job description

Director of Executive Search & Operations at Chilworth Partnership and Venture Recruitment Partners

Chilworth Partnership are assisting a PE backed, rapidly growing wealth management business, based near Fareham, in their search for a newly created Risk Manager position.

Reporting to the CFO, responsibilities will include:

• Develop an integrated Risk Management Framework to ensure that it is aligned with the Group’s scale and complexity.
• Acting as a dedicated Risk Partner to the Group’s regulated boards.
• Annual updating of the RMF and RAS, ensuring they are up to date with any changes and presented to the Group’s Risk Committee for annual sign-off.
• Taking ownership of the co-ordination and preparation of the quarterly Risk Committee pack.
• Ownership of the Group ICARA, including ensuring that documents and associated submissions are prepared, reviewed, challenged and approved.
• Reviewing and challenging risk reporting, assessments, incidents and assurance activities.
• Ownership and management of the Group’s Risk Register, to ensure risk owners are clear on the impact and likelihood of a risk event.
• Provide training across the firm to embed a risk aware mindset.
• Work with relevant stakeholders across the Group to develop metrics to monitor risk in the business and to help set risk appetite thresholds.
• Work with the Finance team to Perform Stress and Reverse Stress Testing as necessary to monitor the effectiveness of the RMF in the Group.

Ideal background:

• A sound working knowledge of the FCA Handbook, particularly on Risk under SYSC 7 and SYSC 21.
• An understanding of risk frameworks and effective measurement of controls for risk mitigation.
• Experience of implementing and embedding a risk framework that can be scaled with business growth.
• Experience in using risk-based systems and tracking tools.
• The ability to take ownership and responsibility for tasks and projects, working autonomously and collaborating as needed with key stakeholders.
• Proficient computer skills and Microsoft Office Suite.
• Qualifications in Financial Services preferrable, either in Compliance or Risk.

This is an exciting opportunity to join an organisation who have experienced excellent organic and inorganic growth in recent years, so are looking for a Risk Manager who can grow their career, and possibly team, with them. There will be an expectation to be in the office three days a week.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Staffing and Recruiting