Risk Assurance Officer

  • Location


  • Discipline:

    Risk Management

  • Job type:


  • Salary:

    £25,000 - £35,000

  • Consultant:


  • Email:


  • Job ref:


  • Published:

    almost 3 years ago

Our client is a leading financial services’ business who are currently recruiting for a Risk Assurance Officer. The role will be responsible for undertaking review activities which interrogate, investigate and challenge regulatory and legislative risk exposures.

Key Responsibilities:

  • Delivery of activities forming part of the Compliance Monitoring & Risk Assurance Plan in accordance with the team procedures and methodologies.
  • To support maintenance of the team procedures and methodologies (and to adopt best practice, efficiencies and economies of scale where appropriate).
  • To engage with Key Stakeholders to ensure that relevant regulatory and legislative risks to the business are identified, communicated and addressed during monitoring.
  • Interpret and apply relevant regulatory and legislative guidance to the business areas and provide pragmatic alternative solutions and support to the business where standards are deemed to be non-compliant.
  • To present findings and reports including suggestions for relevant remedial actions, in a clear, accurate and consistent manner.
  • To maintain appropriate and sufficient records to support and evidence the approach and outcomes of each monitoring and risk assurance activity.
  • To maintain and develop relationships with key business customers whilst retaining the independent status required of a monitoring and assurance function.
  • To escalate risks and issues to the Risk & Compliance Manager and / or Divisional Risk & Compliance Director as appropriate.

Key Requirements-        

  • Good experience in a risk assurance, compliance monitoring, operational risk or internal audit environment
  • Knowledge of financial services and relevant financial services’ regulation including OFCOM/OFGEM and OFWAT
  • Knowledge of business continuity, information security and financial crime would be beneficial.