Risk Oversight Manager, Funds & Investments

www.findapprenticeship.service.gov.uk - Jobboard; Bristol; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services firm is seeking a Risk Oversight Manager in Bristol to provide risk and compliance oversight for investment products. This role involves engaging with stakeholders, overseeing product changes, and ensuring compliance with regulatory standards. A comprehensive understanding of investments and asset management is required.

Qualifications

• Comprehensive understanding of financial services sector risk management.
• Knowledge of conduct and regulatory compliance aspects of investments.
• Ability to work collaboratively and influence stakeholders.

Responsibilities

• Provide risk and compliance oversight for investment products.
• Oversee product and proposition changes, regularly interfacing with teams.
• Support delivery of compliance monitoring and risk reporting.

Skills

Understanding of consumer financial services risk management

Knowledge of investments and asset management

Operational risk practices

Stakeholder influencing skills

Strategic thinking

Job description

Join us as a Risk Oversight Manager in Funds & Investments

• In this role, you'll be empowered to make decisions on day-to-day matters and escalate where appropriate
• You'll have an opportunity to develop and deploy a holistic risk skill set, while acting as a key risk interface for teams within the Investment Products & Solutions business
• This is a fast paced and varied role which will provide an excellent platform for progression as well as a continuing focus on your own personal development

What you'll do

As a Risk Oversight partner for the Investment Products & Solution Centre for Excellence (CoE), you'll be responsible for risk and compliance oversight, advice and challenge relating to funds and investments.

You'll be guided by management to provide effective day to day Risk oversight and challenge in respect of how the business operates to deliver good customer outcomes and in line with regulatory requirements.

Other key responsibilities will be:

• Supporting the provision of Risk & Compliance oversight, advice and challenge to the end to end customer journey with a pan risk lens
• Being a key contributor in the delivery of the business strategy and working with the business teams directly to oversee and input into product and proposition changes, including reviewing governance papers and representing second line risk at respective committees, projects and governance forums
• Supporting the business to safely manage risk exposures and regulatory conduct and compliance expectations in line with Enterprise Wide Risk Management Framework (EWRMF), through proactive engagement with risk and policy owners
• Consulting with and inform management of the relevant franchise teams, to design and deploy innovative pan risk strategies that are relevant to the respective customer journey or product
• Supporting delivery of the annual compliance monitoring plan, including conducting themed compliance reviews and delivery of reports to management
• Supporting the delivery of risk and compliance reporting to key management company boards.

The skills you'll need

You'll bring a comprehensive understanding of consumer financial services sector risk management with particular knowledge of and experience in investments or asset management.

You'll also need an understanding of relevant conduct and regulatory compliance aspects of an investments or asset management environment such as knowledge of CASS, COBS, COLL, UCITS and MiFID requirements.

On top of this, you'll demonstrate:

• A working knowledge of the operational risk practices within an investments or asset management environment
• The ability to work collaboratively with and influence stakeholders
• Strategic thinking and the ability to simplify complex and conflicting tasks and policy positions, making sure these are effectively managed and communicated