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Conduct Risk Manager - City, Edinburgh, United Kingdom, EH1


Conduct Risk Manager - Edinburgh

Competitive Salary & Benefits

An exciting opportunity has arisen for a Conduct Risk Manager to join our financial services client in Edinburgh on a permanent basis

The key purpose of this role will be identifying, managing and controlling regulatory risks across the business - contributing toward delivery of the Regulatory Risk plans. The role will focus on Regulatory Risk within Monitoring and Assurance or Change and Policy. Covering integrity risk, providing advice, oversight and challenge whilst collaborating with Senior Stakeholders during the implementation of regulatory and strategic projects, consultancy, monitoring reviews and identification of regulatory change


  • Providing technical consultancy and advice on regulatory queries
  • Contributing to the Regulatory Risk governance reports to ensure visibility of regulatory issues; escalating concerns clearly
  • Contributing to the overall department plans and supporting the development of key processes to ensure Regulatory Risk function maintains an effective control environment
  • Leading monitoring and assurance activity that proactively reviews and challenges the adequacy and effectiveness of the relevant control environment; ensuring the right regulatory and customer outcomes are agreed and delivered
  • Providing assurance and monitoring reports that summarise the effectiveness of control environments, highlighting regulatory risks and recommending actions for improvement, highlighting key areas of concern to facilitate prompt escalation where necessary
  • Positively influencing senior management to complete agreed actions within timescales so weaknesses are addressed
  • Overseeing the resolution and management of risk events by the first line to reduce exposure to regulatory risk
  • Providing oversight of key outsourcers through attendance at key governance meetings and reviewing relevant risk MI with the aim of providing assurance and advising on potential risks
  • Supporting the business in the development of new strategies, business proposition and ensures regulatory change and strategic programmes are implemented compliantly, whilst assisting the delivery of innovative solutions to maximise business opportunities
  • Interpreting, analysing and communicating clearly the impact of regulatory change
  • Managing the overall regulatory reporting and approved persons frameworks

Skills, Qualifications & Experience:

The successful candidate will have experience working in a similar 2nd line role with a sound understanding of compliance, conduct risk, regulatory change and supporting projects.

  • Extensive experience of working in a senior conduct risk role - 2nd line
  • In-depth knowledge of the UK financial services and regulatory framework
  • Wide experience of the PRA/FCA regulatory framework and working in a Risk area of PRA/FCA regulated product providers ideally in a group function or with a regulatory consultancy
  • Strong analytic capability including the ability to provide insight into key risk exposures
  • Consulting skills, in particular stakeholder management
  • Ability to convert complex regulations into easily understood language