Back to jobs
New

Senior Risk Analytics Manager

London

Senior Risk Analytics Manager, London, Permanent 

The Senior Risk Analytics Manager will be responsible for the development and delivery of the Enterprise Risk Management Framework (ERMF) / Governance, Risk & Compliance (GRC) tools roadmap to enhance capability and implement advanced analytics initiatives, whilst overseeing the production of high-quality risk reporting to senior committees.

 

Key Accountabilities

  • Oversee development and execution of an ERMF / GRC tools roadmap, ensuring continuous maturity of the GRC program, including development of advanced analytics initiatives
  • Ensure seamless integration of analytics tools with existing ERMF / GRC platforms, maximising data utilization and reporting capabilities
  • Utilise analytical skills to collect, analyse, and interpret large operational data sets, enabling identification of critical insights, trends, and potential disruptions / exposures
  • Stay abreast of industry trends, best practices, and requirements regarding use of IRM / GRC tools and data (including AI) to enhance risk and resilience capabilities
  • Optimize GRC software platforms to streamline control mapping, risk assessment, and reporting functionalities, enhancing efficiency and accuracy
  • Guide the improvements of the enterprise-wide risk framework (ERMF) to align with industry best practices for optimal effectiveness, including continual upkeep of related risk policies and procedures
  • Facilitate the creation of comprehensive risk reports for senior committees, including the Board Risk Committee and Executive Sub-Risk Committee, by leveraging risk management data to develop insightful and forward-thinking reports
  • Oversee and monitor the aggregated risk profile, including through the consideration of trends and the identification of material changes in risk profile and emerging risks to provide risk insight to senior management and the 1st line of defence
  • Respond to ad-hoc risk queries from the business and leadership teams.

 

Qualifications, Skills & Experience

  • Educated to degree level in a relevant subject, or hold an equivalent professional qualification
  • Experienced in interacting and building effective relationships with a range of stakeholders at senior levels
  • Line management experience
  • Significant experience in 2nd line of defence Risk Management Frameworks and Governance (within financial services)
  • Significant experience in Executive and Board level risk reporting
  • Experience of changing and building or operating industry good practice Risk Management Frameworks and reporting
  • Proficient in using visualization tools such as Power BI
  • Advanced analytical skills and ability to enhance risk management insights through advanced analytics.

At Pay.UK, we value diversity and inclusivity. Research has shown that candidates from underrepresented groups may hesitate to apply unless they meet all the requirements listed. We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements. We are committed to supporting accessibility needs and creating a welcoming environment for all employees. Become part of our team and contribute to the creation of an inclusive work environment that values everyone's unique input.

 

About Us

Pay.UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis.

From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.

Our payment systems underpin the services that enable funds to be transferred between people and institutions. In 2023, the UK's retail payment systems processed 11.4 billion transactions worth £9.3 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques, and our Current Account Switch Service has facilitated over 10.2 million switches since its launch in 2013.

Every day, people and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments. Our vision for the future is to enable a vibrant economy, with Pay.UK delivering the best-in-class payment infrastructure and standards for the benefit of consumers and businesses nationwide.

 

 

Benefits & Additional Information

  • 12% Non-contributory pension
  • Discretionary annual bonus 
  • 30 days annual leave (excluding bank holidays)
  • Private medical insurance, life assurance, income protection, health cash plan, dental insurance, Bupa medicals etc
  • Employee assistance programme
  • Cycle to Work Scheme
  • Season ticket loan
  • Annual fitness subsidy of up to £500 per annum
  • Working from home policy - minimum 40% in the office (eg. 2 days in the office over a 5 day working week)

Please note:

  • Some of our benefits are only available to colleagues upon successful completion of the probationary period.

Create a Job Alert

Interested in building your career at Pay.UK? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Select...

All of the information collected in the job application form is necessary and relevant to the application and assessment process for the job role you have applied for. We (Pay.uk) will use the information you have provided in order to complete the recruitment process, this includes  your curriculum Vitae and any information declared on the pre-screening documents, we will use the information provided by you, by the referees you have noted, and the educational institutions with whom we may undertake to verify your work history and qualifications.

 

Subject to verification of the information you have supplied being accurate and the information successfully passing our pre-screening checks, you will receive a conditional offer of employment.  Please note that this Offer of employment is conditional to completing all checks and verification activities required within the recruitment process.

 

Should your application be unsuccessful, all documents and data provided by you as part of this application process will be retained in accordance with legislative requirements and the Pay.uk retention schedule after which time it will be securely deleted

 

Pay.UK will treat all personal information with the utmost confidentiality and in line with current data protection legislation. We will only use the information provided by you for the purpose of recruitment.

 

For any questions in relation to the use of personal data please contact dpo@wearepay.uk

 

For more information on how we use the information you have provided, please see our privacy notice for job applicants which is at Privacy and cookies notice - Pay.UK (wearepay.uk)

Select...
Select...

Pay.UK Demographic Questions

We're committed to making Pay.UK a place where everybody can thrive regardless of their background. Championing a diverse, inclusive workplace underpins our people mission: 

"We are powered by our people.

We respect and enable everyone to thrive and feel valued to make a significant difference to the UK economy."

Please Note:

We continually measure our efforts to ensure we're on track, and that's where you can help.  This section is completely anonymous so your answers CANNOT be linked to you individually. They also do not have any impact on the hiring decisions we make.

Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...