Operational Risk Manager

2 months ago


London, Greater London, United Kingdom Funding Circle Full time
Operational Risk Manager

The role
We are looking for an Operational Risk Manager

This is an exciting opportunity to help design and implement enhancements to 1st and 2nd line risk capabilities for Funding Circle UK, participating in and overseeing key risk management activities and executing applicable risk monitoring, reporting, and governance responsibilities.


Who are we?
Our mission is to build the place where small businesses get the funding they need to win.
We do this by uniting cutting-edge data and technology to deliver an unbeatable customer experience.

With a decade of expertise under our belt, we've built a game-changer of a platform that's reshaping the landscape of SME lending.

Say goodbye to lengthy applications and hello to lightning-fast decisions In just minutes, SMEs across the UK can get an instant decision, giving them access to affordable funding in a flash.

99% of businesses are small businesses And in most cases aren't given the finance they need to grow. We're here to change that because the world needs small business.
Want to learn more?

  • We have a huge impact on the businesses that borrow through our platform, the communities they serve and the overall economy (last year £6.9bn of GDP generated).

You can read our full Impact Report here:

  • To see what our customers think, visit our Trustpilot page:
  • And we're still evolving With over a decade leading the industry with our award winning core loans offering we are now well on our way to solving more SME finance challenges transforming into a multi-product lending platform. What will you be doing?

The appointee will need to work independently and with a high degree of initiative to support the Head of Risk & Controls Assurance with embedding a risk management framework and culture to improve risk identification, management, treatment and reporting across the organisation.

This role requires the need to work closely and broadly across the business to enhance decision making whilst reducing operational risk and improving overall business resiliency.


  • Promoting a strong, continually developing risk culture, where managing risk is simply part of how we work
  • Driving change and innovation by managing risk "path-to-green" processes and risk treatment plans, as required, providing analysis to ensure Operational risks remain within appetite
  • Working closely with both Risk Owners/Delegates and the 2nd/3rd Line of Defence to assess and treat risk
  • Providing risk advice and guidance which may include leading on risk initiatives, RCSA, providing oversight on projects, change programmes and ad-hoc pieces of work
  • Developing, reporting and assessment (Key Controls and Key Risk Indicators, both leading and lagging, risk deep dives, etc.)
  • Issue management process (tracking, reporting, escalation and resolution of issues).
  • Supporting business owners with the design and testing of controls to manage Funding Circle's business safely, sustainably and within risk appetite
  • Providing risk briefings to senior colleagues when required, ensuring risks, issues and appetite breaches are monitored and escalated thoughtfully.
  • Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day What we're looking for
  • Experience in Operational Risk Management, across first and second line of defence teams, preferably in the financial services/lending space
  • Experience developing and testing end-to-end lending controls
  • Solid understanding of the three lines of defence operating model
  • Be able to identify complex areas of operational risk, including proven track record of dealing with change, technology, operational and 3rd party risks
  • Analytical skills - able to analyse and interpret key facts across a spectrum of data sources, providing stakeholders with clear and concise recommendations and reports
  • Confidently develops trusted relationships with peers and senior stakeholders
  • Able to work autonomously and to plan and adapt quickly to changes in priorities At Funding Circle, we celebrate and support the differences that make you, you. We're proud to be an equal-opportunity workplace and affirmative-action employer. We truly believe that diversity makes us better .
Why join us?

Our Circler proposition is designed to support employees both in and out of work, and it is anchored around four pillars: Health, Wealth, Development & Lifestyle.

We offer hybrid working, with a blend of 2-3 days either in the office or at home.

When you're in the office you can take advantage of our free barista and subsidised lunches through JustEat and we will help support your home working set-up.

We support flexible working arrangements so please speak to our recruitment team if this is something you'd like to learn more about.


A few highlights:

Health:

Private Medical Insurance through Aviva, Dental Insurance through Bupa, MediCash, free access to online therapy sessions and exclusive discounts with Hertility for reproductive health support.


Wealth:
Octopus Money Coach, free mortgage advisor partnership and discounts across numerous retailers through Perks at Work.

Development:
Learning allowance and full access to internal Learning platform.

Lifestyle:

Wellhub, Electric Car Scheme and more And finally, we have enhanced all of our parental leave policies - we actually won the AltFi Award for Diversity, Equity and Inclusion Initiative of the Year 2022 for our Partner Leave policy.


You can read more here:

Research shows that some people are less likely to apply to jobs unless they meet every single criteria.

At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn't align perfectly with the requirements.

You might just be the perfect addition to the team
Want to Build The Incredible? We'd love to hear from you.

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