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Risk Manager

Posted on 25 Nov 2021
  • To be advised 
  • Permanent, Full Time
  • Closing in 20 days
  • Search and Select Recruitment Agency
    1 Upper Church St
    IM1 1EE

Our client seeks a Risk Manager to join their team. Role Profile: The Risk Manager role is primarily responsible for the identification & mitigation of actual & potential enterprise risks. In addition, the role holder will co-ordinate the management information, governance & regulatory reporting, action planning, analysis, & mitigation of business risks within the Bank. The role is a managerial appointment & will provide personal & professional development opportunities for a motivated individual seeking to specialise in risk management. Key Responsibilities: To oversee & manage the local Risk Management Framework; ensuring this is kept up to date, relevant & regularly challenged, as well as reporting KRI performance internally, & externally to the group risk function. The management of policy & procedural (‘P&P’) reviews, taking ownership for risk related P&P in line with the agreed frequency schedule. Membership of the local IOM Risk & Compliance Committee (‘Comco’). Support & liaison with directors, management, & staff on risk-related matters, acting as a point of internal reference. The development/compilation, maintenance, & reporting of relevant risk-related statistical & management information on a daily, monthly, quarterly basis (as required). Liaison with the group’s risk function where required to provide statistical information & locally apply best practices identified by group risk. The monitoring & analysis of accurate business unit risk reports, on a timely basis, liaising where required with stakeholders to assess risk management gaps & introduce appropriate internal controls to minimise financial losses &/or penalties. To assist with risk testing & action planning, reporting their results & observations & co-ordinating with Comco, group audit, external auditors, & the regulator (as required). To prepare & co-ordinate annual Business Continuity Planning & testing. To act as the H&S Manager for the local businesses & chair the H&S Committee. To oversee H&S matters locally, including adherence to agreed testing/maintenance schedules, carrying out periodic H&S evaluations (as required) & maintenance of H&S policies & procedures. Deputy to Head of Risk & Compliance as member of the Bank’s Asset & Liability Committee (‘ALCO’). To keep informed about relevant local, international & industry specific risk & related matters, including best practice, making recommendations as appropriate. Key Skills & Experience: Minimum A Level or equivalent standard with passes in Mathematics & English Language. A relevant professional &/or risk management qualification. A strong technical understanding of banking risk identification & mitigation. Familiarity with relevant H&S & risk management legislation & regulation. At least 10 years’ banking/financial services experience is preferred, although not necessarily essential. Excellent verbal & written skills. Strong attention to detail. Self-confidence with ability to challenge/escalate as required. Able to work to deadlines & prioritise their own & others’ workloads. A logical, analytical approach to problem solving / risk management. If you have the required skills please apply online at quoting reference number: 10851.

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