Front Office Risk Manager

Job Title: Front Office Risk Manager (Private Assets)

Contract Type: Permanent 

Location: London

Working style: Hybrid 50% home/office based

Closing date: 8th December 2024

We are currently looking for a Front Office Risk Manager to join Royal London Asset Management.

In this role, you will work closely with the Private Assets senior management team within the business to continuously uphold and improve the Front Office risk framework.  

The Front Office – Business Management team support collaboration and efficiency across the Front Office by resourcing and maintaining efficient cross-team systems and business processes.

About the role

• Working with the management team to ensure that risk registers are up to date and accurate, support the ongoing RCSA (self-assessment) cycle.
• Perform transactional AML due diligence checks for private transactions.

• Develop new control framework in line with Private Assets business strategy and applicable regulations and own the ongoing testing & reporting of the model.
• Perform control assurance testing, including key reports testing, in accordance with plan and framework.
• Root cause analysis on risk events, ensuring the appropriate corrective and preventative actions are identified and implemented on a timely basis.
• Building process maps showing key controls and used to identify any additional control requirements. Contribute to key policy changes.
• Represent the Front Office Private Assets team in assignment to key projects from an operational risk perspective.
• Provide oversight, engagement and support on internal and external audits.
• Produce risk management information to key internal / external stakeholders and committees.

About you

• Knowledge and experience of Asset Management (Front Office) processes, products, and controls.
• Experience and understanding of the Alternatives sector and typical structures used to hold private assets.
• Strong collaborator, able to work with different teams and support the business proactively.
• Understanding and commitment to risk management and change management best practice.
• Previous experience in a Front Office environment is desirable, including an understanding of Fund Management daily routines and processes. 

About Royal London Asset Management

Royal London Asset Management (RLAM), part of the Royal London Group, is one of the UK's leading fund management companies working with a wide range of clients across the globe to achieve their investment goals. Our long-term, client-driven focus means that we have a long-standing commitment to responsible investment. We act as responsible stewards of our clients’ capital, exercising their rights and influencing positive change.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve. 

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits  

Inclusion, diversity and belonging 

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.