Risk Manager

Octopus; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading investment firm in Greater London is seeking a Risk Management Lead to shape the risk strategy and oversee policy development. This role requires strong expertise in risk frameworks and excellent communication skills. Candidates should have a proven track record in risk management and the ability to innovate and collaborate with various business areas. The position offers a competitive salary and benefits, including hybrid working and a commitment to diversity and inclusion.

Benefits

Competitive salary

Untracked holiday

Hybrid working model

Wellness programs

Paid parental leave

Private medical insurance

Electric vehicle leasing

Qualifications

• Experience in a risk role and enhancing risk management frameworks.
• Ability to challenge risk principles applied by others.
• Excellent written and oral communication skills.

Responsibilities

• Lead and manage areas within the risk function.
• Contribute to executive level committees.
• Own aspects of the risk framework and ensure functionality.

Skills

Expert knowledge of risk management

Strong communication skills

Strategic thinking

Experience with risk frameworks

Excellent Excel skills

Job description

Company Description

At Octopus, we’re entrepreneurs and we’re investors, on a mission to back the people, ideas and industries that will change the world.

We think working here is great, but we’re understandably bias. Click here to explore Life at Octopus.

What's in it for you?

In this role, you’ll be at the heart of shaping and strengthening our risk management approach. You will lead the development and implementation of risk frameworks, policies, and tools that enable the first line to manage risk effectively, while ensuring consistency in definitions and measurement. Acting as the face of the second line risk team for key business areas, including Ventures and Octopus Capital, you’ll provide support and constructive challenge to help them manage risk in line with the framework. This is an opportunity to influence, innovate, and make a real impact by enhancing governance and resilience across the organisation

The Team

Join the Risk & Compliance team (35+ people) – the second line of defence at Octopus. Our mission is to protect the business by embedding an open, honest risk culture aligned with our values: Be straightforward, be bold, be helpful. We work fast to identify and fix risks for the long term, supported by 50+ first-line risk coordinators.

Responsibilities include:

• Lead, drive, manage and develop certain areas within the risk function for Octopus, including the ICARA reporting process.
• Challenge the first line in a friendly and supportive way to ensure that you are consulted appropriately.
• Responsible for various risk policies and respond to inbound due diligence queries relating to the risk framework.
• Attend and make key contributions to various executive level committees.
• Own certain aspects of the risk framework and ensure framework components function work together to provide useful risk insights.
• Manage and facilitate the annual insurance renewal process for Octopus.
• Take ownership of issues to resolve appropriately and with pace across the group.
• Continue to foster a culture of transparency and “no blame” on risk incidents.
• Prepare reporting for review at board level and by other committees.

Ideally you'll have:

• An expert knowledge of approaches risk management, risk frameworks and aware of the latest developments in the industry.
• Able to challenge the first line on the application of risk principles.
• Worked in a risk role and is an experienced user and enhancer of risk management frameworks.
• Be humble, engaging and fun when interacting with everyone in the business. We all make mistakes, but how you deal with them defines you.
• A track record of bringing and implementing new ideas in teams you have worked in.
• Show strength and resilience and always look to find a way.

• Ability to think strategically and understand the commercial value of your work, as well as what is going on in the wider market / industry.

• Excellent written and oral communication skills and a competent user of Excel.

We encourage you to apply even if you don’t tick every box. What’s the worst that can happen?

What we offer

A competitive salary, bonus, pension and share incentive plan
✈️ Untracked holiday
Hybrid working – most of our people spend 3 days a week in the office
⚓ Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP & more
Up to 6 months paid parental leave regardless of gender
❤️ Life insurance, critical illness cover and income protection
Private medical insurance for you and your family
Electric vehicle leasing
The option to work overseas up to a month per year

Our Values

At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests of all our stakeholders – employees, customers, communities, environment and shareholders – are considered in every decision we make.

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.

We’re proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we’ll be happy to accommodate where possible.