Address Permanent Full Time role in Risk and Governance.
Located in London - Hybrid, Leeds - Hybrid.
Located in London - Hybrid, Leeds - Hybrid.
Permanent Full Time
Risk and Governance
London - Hybrid, Leeds - Hybrid
502321
Risk Business Partner
Risk Business Partner
Your new role at NewDay
The Risk Business Partner and Frameworks team within the second line of defence provides risk input on matters relating to business strategy, new products, change initiatives, risk committees papers, risk registers and incidents. We’re looking for a candidate with a strong operational or technology risk background, who will also be a champion for our customers across the range of activities we are engaged in, aligned to NewDay’s Purpose and Values.
Reporting to the Senior Manager, Risk Business Partnering, you will work closely with management to provide oversight and challenge to the risks and controls owned by the business. The effective management of risks both at a business unit level and holistically for NewDay helps ensure ongoing regulatory compliance, good consumer outcomes and the delivery of NewDay’s Objectives. The role holder will work collaboratively with a wide range of business teams, our Legal function, the Risk Assurance team, and our Risk Framework managers to ensure that the risk frameworks are embedded and working as intended.
You’ll deliver
Understand the strategic aims of the business areas you support, together with the day to day context of doing business.
Support the business with the identification of risks in relation to their activities. Followed by the design and review of the effectiveness of mitigating controls, the assessment of the risk in light of how well the controls are operating and what additional mitigating actions may be required.
Promote the risk and control self-assessment process in interactions with partnered functions, guiding them through associated processes (such as those relating to risk acceptance and risk mitigation).
Support the business in defining good customer outcomes and generally be a strong advocate for the customer.
Review and challenge risk forum and committee papers and proposals as well as policies, processes and governance methodologies.
Educate and coach the business on core risk methodologies and governance requirements as well as use of the Risk Management system.
Understand and encourage business engagement with other risk specialisms within NewDay.
Understand the change agenda, representing second line on key projects and prompting active consideration of the impact of change for the risk and control environment.
What you’ll bring
We need knowledge, experience + expertise in:
Experience of the financial services industry and/or a technology-based service provider
Risk specialist in Operational or Technology risk with a solid understanding of the other risk types – Conduct, Credit and Financial
Understanding and application of FCA and legal requirements related to conduct within consumer finance, including working knowledge of PRIN, CONC and SYSC sourcebooks.
Understand what Consumer Duty means for the consumer finance industry and what the new Consumer Principle, Cross-cutting rules and four Outcomes are.
Risk Governance – experience of working with, preferably embedding, risk frameworks and ensuring strong risk governance is established within the business.
Risk Processes and Methodologies – experience developing, reviewing and questioning Operational, Conduct and Credit risks.
Communication and engagement – proactive engagement approach, ensuring key partners understand the nature and scale of risks and the approach for reporting and resolving them.
Ability to work in partnership with many colleagues with diverse areas of expertise and differing priorities, drawing on excellent interpersonal skills – oral/written communication, collaboration and influencing skills. Have the confidence to respectfully challenge those in more senior roles.
And would love you to know or learn:
Significant (ideally 5+ years) relevant risk management experience in either a 1st or 2nd line role
Regulatory/compliance experience in an advisory capacity
DevSecOps – experienced in an environment where agile digital development methodologies are employed, having a good understanding of key factors required for success
Data and Systems – knowledge of data warehousing and data architecture, along with credit risk decisioning systems
Excellent Excel, Word and PowerPoint skills
Proven cross-team working, preferably with project management skills
Where next? Let’s talk about this role – or contact
talent@newday.co.uk
with any queries.
About NewDay
We help people move forward with credit and help our colleagues to move their careers forward too.
We use our highly flexible, scalable, and multi-product digital credit engine to power over 120 million transactions every year. Our brands include Aqua, marbles, fluid and Bip. We partner with leading brands such as John Lewis, AO, Argos and DEKO.
Over 5 million UK customers are supported by our award-winning customer service.
At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process. Tell us if you need accommodations: we’ll put reasonable adjustments in place to support you.
Our dynamic NewDay culture
We’re focused on what will drive impact in helping people move forward with credit. Our distinctive culture is geared to spark innovation and team working – with lots of open doors for development. Our customers can rely on us because we aim high, support each other, do the right thing and build for the future.
We invest in our colleagues. On top of a strong market competitive salary, you get a bonus opportunity that matches the impact (delivery + values) you drive in your role. We also help you retire better with market leading pensions.
At NewDay, #yourwellbeing matters: You get 26 days holiday and can buy up to 5 more after probation. Then you’ll get extra days as you build your career with us.
NewWork, our flexible, hybrid working approach, helps you to manage your work/life balance - and even bolt on work time in other countries before or after your holiday. And when you’re in the office, you get free healthy breakfast, fresh juices, lunch, barista coffee etc.
Our tax efficient green car and cycle to work schemes save you money (and help the planet).
Ask your Talent Acquisition Partner to tell you more about any of our perks.
We work with Textio to make our job design and hiring inclusive.
#LI-Hybrid
