Risk Manager

Spider Web Recruitment Ltd; Milton Keynes; Hybrid; GBP 33,000 - 41,000; Full time

Job summary

An independent pension administration services company is seeking an experienced Risk Manager to enhance their risk management framework in a full-time hybrid position. The ideal candidate will have over five years of experience in Risk Management within financial services, a strong grasp of FCA regulations, and excellent communication skills. This role offers a competitive salary of £33,000 - £41,000 per annum, along with benefits such as hybrid working and private medical insurance.

Benefits

Competitive Salary

23 days annual leave

Private medical insurance

Life insurance

Birthday day off

Qualifications

• Minimum of five years’ experience in Risk Management within financial services.
• Understanding of FCA regulatory frameworks, including SMCR and Consumer Duty.
• Proficiency in risk frameworks and reporting processes.

Responsibilities

• Identify, assess, and monitor key risks across various areas.
• Maintain and enhance the risk management framework.
• Produce risk reports for management and governance committees.
• Support the delivery of risk training and awareness programmes.

Skills

Risk Management

Analytical skills

Communication skills

Data analysis

Stakeholder management

Education

Professional qualifications in risk management (IRM, CII or equivalent)

Job description

Risk Manager – Spider is advertising on behalf of an independent pension administration services company who are seeking an experienced and proactive Risk Manager to join their growing team in this full‑time, permanent hybrid position, based from their offices in Milton Keynes, Buckinghamshire.

Why them:

They specialise in independent pension administration, providing tailored, flexible solutions that help individuals manage their savings and retirement plans with confidence and control. Their approach is built on trust, expertise, and a genuine commitment to delivering the best outcomes for their clients. Joining their team means becoming part of a collaborative, supportive, and forward‑thinking organisation that values excellence and integrity.

Fantastic company benefits include:

• Competitive Salary: £33,000 - £41,000 per annum (depending on experience)
• Holiday: 23 days annual leave, increasing by 1 day for each full year of service (max 27 days).
• Other: Hybrid working, private medical insurance, Life insurance, sick pay, birthday day off, hybrid working

About the role:

As Risk Manager, you’ll identify, assess, and manage operational, financial, regulatory, and strategic risks while maintaining and enhancing the company’s risk management framework in line with FCA, SMCR, and Consumer Duty requirements. Working closely with Compliance, Audit, and Operations, you’ll monitor emerging risks, manage the risk register, and provide clear risk reporting and insights to senior management and the Board. Working hours for this role are full‑time, 35 hours per week.

Main Duties and Responsibilities:

• Identify, assess, and monitor key risks across operational, financial, and regulatory areas
• Maintain and enhance the risk management framework in line with FCA and internal governance standards
• Support implementation of Consumer Duty and SMCR from a risk perspective
• Conduct regular risk reviews and produce reports for management and governance committees
• Collaborate with Compliance, Audit, and Operations to ensure integrated risk oversight
• Monitor emerging risks, advising on potential impacts and mitigation strategies
• Maintain and update the risk register, escalating significant risks where necessary
• Produce risk‑related MI and reports for the Board of Directors
• Support the delivery of risk training and awareness programmes across the business

About you:

As Risk Manager, you’ll be an experienced Risk Management professional with a strong background in financial services – ideally pensions or investment products. With a minimum of five years’ experience, you bring a deep understanding of FCA regulatory frameworks, including SMCR and Consumer Duty, and have proven experience managing risk frameworks and reporting processes.

Analytical and detail‑oriented, you possess excellent communication skills and the ability to influence stakeholders at all levels, embedding a culture of proactive risk awareness. Professional qualifications in risk management (such as IRM, CII, or equivalent) are desirable. Skilled in data analysis, governance reporting, and risk systems, you are proactive, adaptable, and thrive in a dynamic, collaborative environment.

If you have the relevant skills and experience for the Risk Manager role and would like to apply, please forward an up‑to‑date CV as soon as possible. We look forward to hearing from you.