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.