Enterprise Risk Manager - Prestigious Bank

Our client, a highly prestigious City based bank are seeking an Enterprise Risk Manager / Assis. Manager to join their robust and talented team in the London HQ.

The Enterprise Risk assistant manager will operate within the Second Line of Defence (2LoD) and play a key role in strengthening the banks enterprise risk management framework. The role will provide independent oversight and challenge across risk types, with a particular focus on Credit Risk and Policy Management, ensuring risks are identified, assessed, monitored, and controlled in line with the banks risk appetite. This is an assistant manager position with specific responsibilities for managing enterprise risk management, supporting the Head of Department who leads Corporate Risk Management operations within the bank.

Key Responsibilities Include;

Enterprise Risk Oversight (2LoD)

• Provide independent challenge and oversight of first line of defence (1LoD) activities across key risk categories, including Credit Risk, Operational Risk, and Conduct Risk.


• Support the ongoing development, enhancement, and embedding of the Enterprise Risk Management Framework


• Support risk appetite articulation, monitoring, and reporting, ensuring alignment with business strategy.


• Perform thematic reviews and deep dives into key risk areas and emerging risks.

• Own and maintain the risk policy governance framework, ensuring policies are clear, consistent, up to date, and aligned with regulatory expectations.


• Oversee the lifecycle management of enterprise and risk-related policies, including approval, review, exception, and attestation processes.


• Ensure risk policies are effectively implemented and embedded within 1LoD processes.


• Support policy interpretation and provide guidance to stakeholders across the business.

• Prepare and contribute to high-quality risk reporting for senior management, Risk Committees, and the Branch management.


• Support regulatory interactions, including documentation, reviews, and assurance related to Enterprise and Credit Risk.


• Assist in Internal Audit and Regulatory review actions, ensuring timely and effective remediation.

• Act as a trusted risk partner to the business, promoting a proactive and constructive risk culture.


• Provide training and guidance to 1LoD teams on risk frameworks, credit principles, and policy requirements.


• Collaborate with HO risk management, Compliance and other functions to ensure joined-up risk management.

• Relevant university degree or relevant risk management qualification.


• Experience working within a banking or financial services environment, preferably in a 2LoD risk function.


• Strong knowledge of Enterprise Risk Management frameworks and governance.


• Practical experience or understanding of Credit Risk, including policies, portfolio monitoring, and risk appetite.


• Experience in policy management, policy governance, or framework ownership.


• Strong analytical, communication, and stakeholder management skills.


• Ability to provide clear, constructive challenge at all levels of the organisation.

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