Risk Manager

Bibby Financial Services; Manchester; On-site; GBP 60,000 - 80,000; Full time

Benefits offered by this job

25 days' holiday plus bank holidays

Performance Bonus

Private healthcare

Company pension scheme

Flexible benefits (gym membership, tech, health assessments)

Access to online wellbeing centre

Discounts with retailers

Job summary

Bibby Financial Services is seeking a Risk Manager to join our Manchester Team. The successful candidate will oversee risk management in the Commercial Business Centre, ensuring the safety of investments and driving business improvement.

Key responsibilities include portfolio reviews, advising senior staff, and ensuring compliance with data protection laws. The role requires extensive experience in risk management within the Invoice Finance/ABL industry. We offer a competitive benefits package including holiday, performance bonuses, and private healthcare.

Qualifications

• High level of risk management experience.
• Ability to participate in difficult meetings, including Board level.
• Sound knowledge of insolvency methods and related legal procedures.
• Extensive IT skills including Excel and Word.

Responsibilities

• Oversee the management of all aspects of risk in the Commercial Business Centre.
• Provide credit risk management support and oversight.
• Undertake thorough Portfolio Reviews with Relationship Managers.
• Advise and agree appropriate strategies/actions with Heads of Risk and Business Centre.
• Oversee recovery of high-risk situations.

Skills

Risk management experience

Ability to identify adverse trends

IT skills (Excel, Word, Aquarius, Risk Factor)

Numeracy and analytical skills

Job description

Bibby Financial Services are growing, and we’re looking for a Risk Manager to join our Manchester Team. The Risk Manager is responsible for overseeing the management of all aspects of risk in the Commercial Business Centre, ensuring the safety and recoverability of Bibby’s investment in this area. The Risk Manager will also be involved in developing and sharing best practice and driving business improvement. You will have extensive experience within the Invoice Finance/ABL industry with experience in Risk or Operations.

What you’ll be doing:

• Provide credit risk management support and oversight of the Business Centre portfolio.
• Undertake thorough Portfolio Reviews with the Relationship Managers, escalating appropriate cases to Watchlist status.
• Advising Head of Risk and Head of Business Centre and agreeing appropriate strategies/actions
• Assist Relationship Managers in assessing and structuring business proposals to the highest standards and where appropriate visit with the Relationship team in order to establish BFSUK risk appetite for the deal.
• Oversee and guide the recovery of high risk situations and client failures ensuring the appropriate speed and toughness of approach is maintained.
• Carry out sampling checks within the Business Unit to ensure adherence to policies and quality of decision making, highlighting any weaknesses to the Head of Risk and Head of Business Centre together with suggestions for improvements.
• Embed our controls and processes to monitor, report and minimise the impact of financial crime
• Support BFS in compliance with the GDPR, the UK Data Protection Act 2018 and other relevant Data Protection laws.
• Identify and highlight any operational risk incidents, investigating the cause and suggesting resolutions

Who are we looking for?

• High level of risk management experience including the ability to identify adverse trends and devise appropriate action plans
• Ability to participate in difficult/contentious meeting situations at varying levels including Board level
• Sound knowledge of insolvency methods and related legal procedures
• Extensive IT (including Excel and Word, Aquarius, Risk Factor), numeracy and analytical (understand and interpret data presented) skills

What you’ll get in return

• 25 days’ holiday plus bank holidays, increasing with service, with buy/sell options
• Performance Bonus
• Private healthcare for you and your family
• Company pension scheme
• Flexible benefits (gym membership, tech, health assessments and more)
• Access to an online wellbeing centre
• Discounts with a wide range of retailers
• Plus, much more!

We're absolutely committed to being a truly inclusive place to work, where everyone has an equal opportunity to reach their true potential. Let us know if you need adjustments to support you through any stage of the Recruitment process.