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Risk and Compliance Manager

companyLumon
locationLondon, UK
PublishedPublished: Published 1 week ago
Enterprise Risk
Who are we?

Lumon is a leading foreign exchange and international payments company which enables effortless overseas payments by uniting people, technology & expertise. We are passionate about what we do, as we believe helping people and companies achieve their goals is more valuable than just moving their money.

Life at Lumon

People are always at the heart of what we do, no matter if it's our clients, our community or our Lumoneer's. To give you a little flavour of what we mean...

We are a proud charity partner of Future First who support children in schools across the UK. We are a carbon neutral business. We are committed to Equity, Diversity and Inclusion; our EDI committee serves an important role at Lumon by challenging the status quo and helping us move the needle. We really want to make Lumon a great place to work, where people feel comfortable being themselves and where we can attract as much diversity as we possibly can. If this sounds good to you, then we're thrilled you're considering joining our team!

The RoleThe Risk and Compliance Manager will support enhancing the Lumon's Risk function and sits in the second line of defence, reporting to the Chief Risk Officer.

What will you be doing?
You will be part of the risk & compliance team, working closely with the Chief Risk Officer as well as the wider business in delivering an effective risk management programme for Lumon. This is a great opportunity to get stuck in with all aspects related to risk management. Some of the key activities you will expect include:
  • Day to day management of the Enterprise Risk Management Framework.
  • Provide effective second line oversight of the ERM framework through ongoing engagement and providing effective challenging to first line stakeholders.
  • Overseeing maintenance of risk registers maintained by the first line and supporting the development of these.
  • Tracking and reporting of Key Risk Indicators, including preparation of papers to governance forums.
  • Ownership of operational risk incident management, including triaging and ensuring timely resolution of remedial actions.
  • Overseeing the timely implementation of actions arising from 2nd and 3rd line assurance.
  • Undertaking non-financial assurance across various activities within Lumon.
  • Working with the CRO to produce high quality reports to governance committees.
  • Overseeing outsourcing and third party supplier arrangements, including undertaking initial and periodic reviews on new parties.
  • Maintenance of outsourcing registers and preparation of regulatory returns.
  • Ownership of Lumon's policy framework, including ensuring that all policies are appropriately reviewed and updated in a timely manner by policy owners.
  • Making updates to Lumon's Risk and Compliance policies as required.
  • Development and delivery of Risk and Compliance training across a range of subjects (e.g. conduct risk).
  • Supporting the Risk & Compliance function with regulatory compliance matters.
What we are looking for

  • A minimum of 3 years' experience operating in an enterprise risk role within financial services.
  • An understanding of regulatory compliance matters relevant to an e-money institution or a non-SNI investment firm dealing in foreign exchange derivatives.
  • Working knowledge of regulations such as the EMRs 2011, PSRs 2017 or MiFID II.
  • Strong verbal and written communication skills with stakeholders at all levels.
  • Able to get stuff done - we're a fast growing company and you will need an entrepreneurial mindset to thrive.
  • Can work independently and flexibly within a fast-moving environment.
What You'll Get
  • A competitive salary
  • 25 days Annual leave, with a chance to purchase up to 5 additional days'
  • Birthday day off
  • Free monthly company lunches
  • Summer and Christmas parties, and other fun social events throughout the year
  • Access to Pirkx benefits platform which includes online GP, cashback and discounts on shopping and restaurants, gym discounts and more!
  • Medicash health scheme for you and your family
  • Cycle to work scheme
  • Quiet/Prayer room in Head Office
  • Employee Assistance Programme
  • Mental Health First Aiders
  • Pension
  • 4x Life Assurance
  • Ongoing training and development
  • Enhanced maternity leave
  • Menopause support
  • 2 additional days a year for 'Moments that Matter
Department Compliance & Risk Role Enterprise Risk Manager Locations Holborn Office Remote status Hybrid Remote