Risk Manager

Job Overview:

As a Risk Manager, you will play a crucial role in supporting the Head of Risk in implementing and maintaining the risk management framework, fostering a culture of risk, while ensuring compliance with industry standards, regulations and internal policies and procedures.

Title : Risk Manager

Salary: £50-£55k plus 2 cars and family healthcare

Reports to: Head of Risk & Compliance

KNOWLEDGE, EXPERIENCE, QUALIFICATIONS :

• The Risk Manager must have bachelor’s degree in finance, risk management, business administration, or a related field
• Experience in automotive or financial services
• Knowledge of the regulatory regime and the requirements and guidance issued by the regulatory bodies is desirable
• Certified Risk Manager (CRM), Financial Risk Manager (FRM), or other relevant professional certifications is desirable.

Risk Manager Responsibilities :

• Assist the Head of Risk in developing and maintaining risk management strategies, policies, and procedures
• Monitor key risk indicators (KRIs) and performance metrics to proactively identify emerging risks, whilst escalating and reporting any deviations from established risk thresholds.
• Pro-active maintenance of the Company risk register by carrying out comprehensive risk assessments.
• Identifying potential threats and vulnerabilities across various aspects of the business, including credit risk, market risk, operational risk, financial risk, and compliance risk.
• Co-ordination of the completion of quarterly risk controls within the prescribed deadlines.
• Test the adequacy and effectiveness of first level controls performed by the business, identify areas of improvements and propose corrective actions, where necessary.
• Maintain an up to date business continuity plan (BCP) and co-ordinate BCP testing activity at least twice per year.
• Collaborate with the Head of Risk to develop and implement risk management strategies, policies, and procedures tailored for various business lines.
• To assist with both internal and external fraud investigations where required.