Risk Manager, Chip
Enterprise
£60-75k
+ Discretionary share option bonus
3 days a week in office (Shoreditch, London)
Investing and savings app
Be an early applicant
Investing and savings app
201-500 employees
Be an early applicant
£60-75k
+ Discretionary share option bonus
3 days a week in office (Shoreditch, London)
201-500 employees
Company mission
To build wealth for our generation.
Role
Who you are
- Direct experience in risk management roles, including experience in leading a function with responsibility for strategy
- Proven track record of developing and implementing effective risk management strategies
- Deep experience in at least one area of risk such as operational, fraud, commercial or cyber. Experience across a broad range of risk areas highly desirable
- Strong knowledge of financial services risk management frameworks, methodologies and tools
- Excellent analytical, problem solving and decision making skills to improve the business’ risk posture
- Strong communication skills with proven ability to collaborate and influence stakeholders at all levels
- Experience in incident management and business continuity planning with an ability to test scenarios, identify gaps and propose solutions
What the job involves
- The Risk Manager will be responsible for leading Chip’s Enterprise Risk program reporting directly to the Chief Risk Officer and identifying, evaluating, and reducing risks that could affect Chip’s business goals, customers or operations
- They will play a key role in keeping the Board and Executive Team up-to-date on the most impactful risks affecting the business and will have an excellent ability to anticipate and mitigate emerging risks
- They will also lead the development and implementation of risk management strategies and methodologies across the organisation to ensure that key risks are tackled in a proportionate and timely manner
- The successful candidate will work closely with all business units to ensure that risk management policies and strategies are well embedded into Chip’s decision-making
- You will be comfortable operating at a senior level and have proven experience in bringing risk management to life; translating the theory into practical tools to help the business mitigate risks
- Working as part of a small team you will enjoy “rolling your sleeves up” to help tackle the risks you identify as well as the ability to zoom out and translate your expertise for senior and non-specialist stakeholders
- Line management of the Risk Analyst and development of existing frameworks to become a best-in-class risk function who acts as a trusted partner to the business. Collaborate with Compliance and 1st line teams to ensure an effective, embedded risk culture that considers end-to-end impacts
- Chair the internal Risk and Compliance Committee and prepare high quality, accurate and insightful risk reports for senior management and the board highlighting key risks, trends and mitigation strategies
- Develop and maintain Risk Management policies, procedures and frameworks ensuring compliance with all relevant laws, regulations and industry best practices. Participate in horizon scanning to ensure potential new risks to the business are identified and accounted for
- Ensure your comprehensive risk management framework and approach proactively identifies, assesses and prioritises risks across the business. Develop plans to mitigate identified risks and reduce their impact on business objectives ensuring strong stakeholder collaboration to complete actions in a timely manner
- Lead on the development and execution of business continuity plans and testing. Ensure clear incident management processes are in place promoting strong operational resilience
- Excellent communication with external stakeholders including board members, regulators, auditors and banking partners to ensure compliance with all risk-related requirements
Application process
- Video screen with someone from our Talent team
- Video interview with the hiring manager
- Video interview with member of ELT
- Final interview with some of your team
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
Few candidates hear
back within 2 weeks
35% female employees
0% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Dec 2023
$6.4m
LATE VC
Nov 2022
$4.5m
CONVERTIBLE
Total funding: $79.8m
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 values
- Be Accountable - Everything you do matters, Care about the end result, Challenge the norm, Disagree, yet commit to making it happen once a decision has been made, Do the best job possible
- Be Bold - Share our Ambition and do your bit to achieve it, Innovate: challenge the norm, break the mould and make it happen, Set goals that truly align with our mission, Do your best for our customers
- Be Collaborative - Work cross-functionally - we win as a team, Build strong relationships based on trust, Treat others fairly and respectfully, Hold others to account, Be supportive and inclusive, Have fun together
Company HQ
London, UK
Articles
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.
People progressing
Leena joined Chip in 2019 as an Operations Analyst and was promoted to Technical Product Owner just under 2 years later. Further promoted to Associate Product Manager in January 2023!
Share this job
View 2 more jobs at Chip