Department: Risk & Compliance
Location: [Bath-based Office] – Hybrid working model (2 days in office)
Reports to: Head of Risk
About the Company
Our client is a leading player in the wealth management and financial services sector, recognised for their award-winning service and innovative technology platform. With significant investment backing and a clear growth trajectory, they’re transforming the way wealth management services are delivered in the UK. With a team of approximately 300 professionals, they are committed to delivering excellence, supporting professional development, and fostering a collaborative culture.
The Opportunity
This is a pivotal role within the second line of defence, responsible for supporting the delivery and ongoing enhancement of the group-wide Enterprise Risk Management Framework. The Risk Manager will partner with first line business functions to support effective risk identification, assessment, and assurance, while fostering a strong risk-aware culture across the organisation.
Key Responsibilities
- Ensure the Enterprise Risk Management Framework is embedded and effectively operated across the group.
- Support the identification, description, and assessment of key business risks.
- Lead incident management oversight, closure approval, and trend analysis.
- Provide pragmatic and regulatory-informed risk advice to support business decision-making.
- Deliver second-line assurance via a structured control assessment programme.
- Apply the organisation’s risk appetite to assessments and escalate concerns where appropriate.
- Assist in regulatory risk capital processes and internal capital adequacy assessments (ICARA).
- Promote risk awareness and accountability at all levels of the business.
- Develop and maintain clear and impactful risk reporting for executive and board-level audiences.
- Collaborate with Compliance, Internal Audit, and other teams on risk mitigation strategies.
- Actively contribute to the delivery of excellent service outcomes for end clients.
- Strong operational risk management expertise within a financial services or wealth management environment.
- Experience in designing and implementing risk frameworks, policies, and risk appetite models.
- Proven ability to deliver clear, concise Risk MI and reporting.
- Knowledge of RCSAs, KRIs, incident and control management.
- Skilled in presenting to senior stakeholders and managing cross-functional relationships.
- Comfortable interpreting regulatory guidance and complex risk scenarios.
- Strong analytical, negotiation, and project management skills.
- Relevant risk qualifications (e.g. IRM Diploma, IAQ, etc.)
- Knowledge of SIPP, ISA, GIA, or Bond products
- Experience with outsourced service providers and third-party oversight
- Background within platform services or discretionary fund managemen