Risk & Controls Manager

Risk & Controls Manager

Edinburgh, hybrid

Salary dependent on experience + excellent benefits

Our client, a renowned building society, has an exciting new opportunity for a Risk & Controls Manager to join their team. Reporting to the head of First Line Risk, you will support the business in identifying, assessing, managing, and monitoring non-financial risks. This includes operational risk, financial crime, third-party & outsourcing risk, operational resilience & conduct risk. The role is responsible for embedding the organisation’s risk and control framework & ensuring compliance with regulatory requirements and building society industry best practice. You will be responsible for delivering on the strategy around first-line risk that has been identified by the functional head.

The role will be worked as a hybrid model with a minimum 2 days a week in the office with at least one of those days being in Edinburgh (the other office is in Glasgow).

Duties will include

Identifying, assessing and reporting of non-financial risks across the business through RCSAs, risk assessments and ongoing monitoring.

Developing and maintaining the non-financial risk and control framework.

Monitoring control effectiveness through first-line testing, MI & KRIs.

Managing remediation of control issues, incidents and audit findings, ensuring root-cause analysis and sustainable corrective actions.

Supporting first-line ownership of key non-financial risk areas, including operational risk, financial crime, operational resilience, third-party risk, and conduct/compliance.

Producing high-quality risk reporting and insights for senior management, committees and governance forums.

Provide coaching, training and guidance to strengthen risk awareness and first-line accountability across business teams.

The successful candidate will possess

Experience in risk, controls or financial crime operational roles within an FCA regulated environment is essential.

Experience of working independently to drive change in a first line risk role.

Experience of influencing and challenging senior stakeholders is key.

Strong knowledge of non-financial risk disciplines including operational risk, financial crime, resilience and third-party risk.

Strong understanding of the Three Lines of Defence model and first-line risk management responsibilities.

Proven experience with RCSAs, incident and issue management, control testing, risk assessments and MI reporting.

Ideally you will hold a degree or equivalent in business, finance, accounting, risk management or related discipline; professional risk/compliance qualifications are often preferred (e.g. FRM, IRM, ICA).

In return you will receive a competitive salary and additional benefits which includes bonus scheme up to 10%, generous pension scheme, private health care and standard 30 days holiday (plus Bank Holidays).

If your skillset aligns and this role appeals, then we would love to hear from you.