Risk & Controls Manager
Edinburgh, hybrid
Salary dependent on experience + excellent benefits
Our client, a renowned building society, has an exciting new opportunity for a Risk & Controls Manager to join their team. Reporting to the head of First Line Risk, you will support the business in identifying, assessing, managing, and monitoring non-financial risks. This includes operational risk, financial crime, third-party & outsourcing risk, operational resilience & conduct risk. The role is responsible for embedding the organisation’s risk and control framework & ensuring compliance with regulatory requirements and building society industry best practice.
The role will be worked as a hybrid model with a minimum 2 days a week in the office with at least one of those days being in Edinburgh (the other office is in Glasgow).
Duties will include:
- Identifying, assessing and reporting of non-financial risks across the business through RCSAs, risk assessments and ongoing monitoring.
- Developing and maintaining the non-financial risk and control framework.
- Monitoring control effectiveness through first-line testing, MI & KRIs.
- Managing remediation of control issues, incidents and audit findings, ensuring root-cause analysis and sustainable corrective actions.
- Supporting first-line ownership of key non-financial risk areas, including operational risk, financial crime, operational resilience, third-party risk, and conduct/compliance.
- Producing high-quality risk reporting and insights for senior management, committees and governance forums.
- Provide coaching, training and guidance to strengthen risk awareness and first-line accountability across business teams. Top of Form
Bottom of Form
The successful candidate will possess:
- Experience in risk, controls or financial crime operational roles within an FCA regulated environment is essential.
- Strong knowledge of non-financial risk disciplines including operational risk, financial crime, resilience and third-party risk.
- Strong understanding of the Three Lines of Defence model and first-line risk management responsibilities.
- Proven experience with RCSAs, incident and issue management, control testing, risk assessments and MI reporting.
- Ideally you will hold a degree or equivalent in business, finance, accounting, risk management or related discipline; professional risk/compliance qualifications are often preferred (e.g. FRM, IRM, ICA).
In return you will receive a competitive salary and additional benefits which includes bonus scheme up to 10%, generous pension scheme, private health care and standard 30 days holiday (plus Bank Holidays).
If your skillset aligns and this role appeals, then we would love to hear from you.