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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.
