Enterprise Risk Manager

1 day ago


London, Greater London, United Kingdom TF Bank Full time
Job Description

We are seeking a highly experienced Enterprise Risk Manager to join our team at TF Bank. This role will play a critical part in the development, implementation, and oversight of our enterprise risk framework within our UK-based credit card subsidiary.

The successful candidate will have a strong background in enterprise or operational risk management within the financial services industry, with a focus on credit cards or consumer finance. They will be responsible for ensuring alignment with the latest regulatory standards and industry best practices across European subsidiaries.

Key Responsibilities:
  • Enterprise Risk Framework Development and Implementation:
    • Design, implement, and maintain the enterprise risk management (ERM) framework for the UK subsidiary.
    • Ensure alignment of the risk framework with our company's strategic goals and FCA regulations.
    • Collaborate with key stakeholders to embed risk management processes across business units.
  • Regulatory Compliance and FCA Consumer Credit Application:
    • Lead the enterprise risk workstream of the FCA consumer credit application, ensuring that all risk management aspects meet regulatory expectations.
    • Liaise with regulatory bodies, providing necessary documentation and addressing any queries related to the risk framework.
    • Ensure that risk policies, procedures, and controls align with FCA Consumer Duty and other relevant regulations.
  • Operational and Enterprise Risk Practices in European Subsidiaries:
    • Assess current risk management practices in European subsidiaries and identify gaps relative to industry best practices.
    • Develop and deliver training programs to enhance risk awareness and management capabilities across European teams.
    • Standardize and streamline risk management processes to create consistency across all subsidiaries.
  • Risk Identification and Assessment:
    • Conduct comprehensive risk assessments and scenario analysis to identify and evaluate key risks to the business.
    • Maintain and regularly update the risk register, ensuring that all significant risks are documented and monitored.
    • Develop risk mitigation strategies and track the implementation of risk controls.
  • Monitoring and Reporting:
    • Prepare and present detailed risk reports to senior management and the board, outlining key risk exposures and mitigation actions.
    • Implement risk indicators and dashboards to monitor risk levels and trends across the business.
    • Ensure timely escalation of significant risk issues to the CRO and senior management.
  • Collaboration and Stakeholder Management:
    • Work closely with the Compliance, Legal, Operations, and Finance teams to align risk management activities.
    • Act as a key point of contact for risk management queries within the business and from external parties.
    • Foster a strong risk culture by promoting awareness and proactive risk management practices throughout the organization.


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