Risk Analyst, Chip
£40k
Discretionary Performance-Related Bi-Annual Bonus of up to 10% (Cash) and 5% (Shares) based on your gross annual salary
2-3 days a week in office (Shoreditch, London)
Investing and savings app
Posted today
Investing and savings app
201-500 employees
Posted today
£40k
Discretionary Performance-Related Bi-Annual Bonus of up to 10% (Cash) and 5% (Shares) based on your gross annual salary
2-3 days a week in office (Shoreditch, London)
201-500 employees
Company mission
To build wealth for our generation.
Role
Who you are
- We’re growing fast and we have some very exciting plans. We’re after someone who’s proactive, curious, and excited by the opportunity to shape how risk is managed in a fast-paced, growing business
- The ideal candidate will be eager to learn, ready to take initiative, and comfortable navigating ambiguity
- You should have a baseline understanding of risk methodologies and approaches as well as a real desire to expand your knowledge of different areas of risk
- Must have a working knowledge of best practices, methodologies and approaches to risk management developed through previous experience in a Risk-related role
- Must be comfortable in making judgement calls based on building a solid knowledge of Chip’s products and processes
- Excellent written and verbal communication skills as well as critical thinking and problem-solving skills. You will enjoy speaking to stakeholders across all teams and building strong relationships to help get the job done
- A team player with an eagerness to learn, ready to take initiative and be comfortable navigating ambiguity
- Knowledge of Excel formulas, and a willingness to learn SQL and build your data analytics skills
- Someone with a genuine interest in Chip and is excited about being part of a fast-growing company and our mission to build the investment super app of the future
- We want a real person, with interests outside of work, to join our team
- You could be a dancer, a gamer, a musician, a parent, a hockey fan, or even that one person that still writes Twilight fan-fiction. Doesn’t matter to us
What the job involves
- The successful candidate will work closely with all business units to ensure that risk management policies and strategies are well embedded into Chip’s first line teams
- You will likely be early in your risk career and this role is an opportunity to have a real impact on the management of risk at Chip and gives wide exposure to a variety of areas from cyber- and data-security- to operational- and strategic- risks early in your career
- Our innovative approaches will really test your ability to apply your knowledge to new ideas and think through creative, relevant controls to maintain our risk levels within set tolerances
- Continually expanding your knowledge, self-identifying opportunities to better leverage data and new technologies to mitigate risks at Chip
- Support first-line risk owners to identify, document and assess their existing and emerging risks
- Working with the business to execute on control testing ensuring that Chip has a complete picture of the control landscape
- Effectively tracking risk-related initiatives to completion including issue, incident and action tracking; regulatory or audit deadlines; risk and control reporting
- Ensuring that incident root causes are fully understood and meaningful mitigation plans are in place, challenging the business as appropriate on their proposed action plans
- Working on Business Continuity Planning and testing with technical stakeholders
- Supporting with documentation and metrics for escalation to senior stakeholders and internal committees
- Building positive relationships with stakeholders to help develop a real understanding of our risk exposure, control environment, deficiencies and opportunities
- Although we’re in the financial space, and under the scrutiny that comes with it, the current compliance team works well together, and even sometimes with a smile
- Monday to Thursday: 9:00 AM – 6:00 PM
- Friday: 8:00 AM – 4:00 PM (Start your weekend early!)
Application process
- At the interview stages, we will be looking for empathy, eq, fun stories, and the ability to smile even when things are tough
- Video screen with someone from our Talent team
- Video interview with the hiring manager
- Final interview with our Chief Risk & Compliance Officer
Salary benchmarks
Our take
Chips offers a free app designed to make saving as easy as spending. Utilising an AI-driven system, the app calculates how much users could save, provides an option to decline, and automatically transfers the selected amount to the user's Chip account, streamlining the saving process.
To date, Chup's users have collectively saved over £800M, showcasing the product's popularity. The enthusiasm for Chip is evident, having raised a total of £43.5M with over 27.5k shareholders.
The company has bolstered its team with strong hires from notable organisations such as Purplebricks, Deposit Solutions, Barclays, Funding Circle, and Monzo, positioning Chip for significant growth. However, the challenge lies in remaining relevant amid a competitive landscape of savings and investment accounts. To address this, Chip continuously innovates its investment product to help users effectively build wealth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 11 rounds)
Dec 2023
$6.8m
LATE VC
Nov 2022
$4.8m
CONVERTIBLE
Total funding: $84.4m
Company benefits
- Discretionary share option bonus
- Workplace pension scheme
- Private medical insurance (medical history disregarded)
- Employee Assistance Programme
- Cycle to work scheme
- Season ticket loan
- Free ChipX subscription for UK-based employees
- We are an equal-opportunity employer and value diversity
- Flexible working arrangements
- Unlimited holiday (policy not to count) ✈️
- Annual £1500 Personal Learning Allowance
- £30 per month Chip Fitness Benefit to suit your Mental/Physical Wellbeing
- Company laptop
Company HQ
London, UK
Leadership
Simon Rabin
(Co-Founder & CEO)Previously co-founded Roamer. Prior to that, they were a Director at Txt2buy and a Marketing Manager at Unibutler.
Alex Latham
(Co-Founder & CMO)Previously worked in Marketing at Maxim and as Head of Growth at Pineapple Punk.
Share this job
View 5 more jobs at Chip