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Conduct Risk

4 months ago


Milton Keynes UK, Buckinghamshire, United Kingdom Allica Bank Full time

About Allica Bank

Allica is the UK’s fastest growing company - and the fastest-growing financial technology (fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in fintech. Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers


Department Description

This role sits within the Controls function, reporting to the Head of Controls. You will be an integral part of an action orientated, fast moving team, responsible for successfully delivering First Line of Defence capability within the bank.


Role Description

  • Partner with the business to embed the Risk Management Framework, including policies and procedures.
  • Support the ongoing compliance with Consumer Duty regulatory requirements
  • Testing of existing and new key controls in line with agreed schedule, informing the non-financial risk profile and required management actions.
  • Support the coordination and facilitation of the bank’s Risk and Control Self-Assessment (RCSA) and administration of the bank’s annual RCSA refresh.
  • Hands on support in the update of risk information on the bank’s Risk systems, including ensuring risk events are appropriately raised and managed.
  • Assembling informed quantitative and qualitative input into First Line Risk Reporting at relevant committees.


Principal Accountabilities

  • Provide hands-on Risk support across the bank from a First Line Controls perspective.
  • Partner with the business to ensure ongoing active management of risk and embedding of the Risk Management Framework.
  • Support the ongoing monitoring and reporting of risk through relevant governance.
  • Help promote a risk-focused culture across the bank, embodying Allica’s values


Personal Attributes & Experience

  • Strong Risk knowledge and experience including RCSAs, Controls and Risk Libraries, risk event reporting,
  • Knowledge of relevant non-financial risk regulatory requirements including Consumer Duty
  • Hands on experience of assurance/monitoring of risks and controls across non-financial risk disciplines
  • Willing to be very hands-on and ability to adapt quickly to the workflow in support of the Controls team, with focus on delivering results and meeting deadlines.
  • Strong written and presentation skills, supported by experience of communication across different levels of seniority.
  • Ability to provide necessary challenge in a constructive manner.
  • Strong team player, with focus on ongoing development to support meeting objective of the team.


Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

  • Full onboarding support and continued development opportunities
  • Options for flexible working
  • Regular social activities
  • 25 days holiday – with the option to buy/sell
  • Pension contributions
  • Discretionary bonus scheme
  • Private health cover (with the option to add family members)
  • Life assurance
  • Income Protection
  • Family friendly policies including enhanced Maternity & Paternity leave
  • Season ticket loans


Don’t tick every box?

Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you


Flexible working

We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.


Diversity

We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds, and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.