Overview:
This role is well suited for someone with a foundational understanding of operational risk who is looking to deepen their experience within a regulated financial services environment.
It offers the opportunity to take on meaningful responsibility from the outset, supporting the ongoing development of our operational risk framework, systems, and controls as part of a growing and evolving business.
You will play a key role in shaping how risk is managed across the organisation, gaining hands-on exposure to a broad range of risk, regulatory and governance activities.
About the Company:
W1M was formed in 2024 through the merger of London & Capital and Waverton, two established wealth managers with over 40 years of history. Since then, the business has grown to over 400 employees and manages approximately £27+ billion in assets under management.
We are a UK wealth management firm operating in a regulated environment, providing investment and wealth management services to private clients, families, charities and institutions.
Our values underpin how we work together and with our clients, shaping a culture focused on high standards, collaboration, integrity and adaptability.
We have a collaborative working environment where people are given the opportunity to contribute meaningfully to the development of the business.
Key Accountabilities:
- Support the Operational Risk Manager in the development, implementation and maintenance of the operational risk management framework
- Assist with the Internal Capital Adequacy and Risk Assessment (ICARA) process, including:
- Collection, validation and analysis of risk data inputs
- Support with risk identification, assessment and documentation across business areas
- Preparation of analysis for risk scenarios, harms and operational resilience assessments
- Maintain and update risk registers, ensuring risks, controls, actions and ownership are accurately recorded
- Support monitoring and reporting of Key Risk Indicators (KRIs) and emerging risks
- Assist in the analysis of incidents, errors, breaches and near misses, including root cause analysis and tracking of remediation actions
- Support oversight of third-party and outsourcing risk, including due diligence and ongoing monitoring
- Engage with stakeholders across the business to promote risk awareness and a strong risk culture
- Provide analytical support on regulatory, risk and governance matters as required
- Support tracking and closure of internal audit actions
Background/Experience and Competencies Required:
- Previous experience in risk, compliance, audit, finance or a control function
- Exposure to a UK regulated environment, ideally financial services
- Understanding of operational risk concepts, including risk identification, controls, incidents and governance
- Strong analytical skills with the ability to interpret data and identify themes
- High attention to detail with a structured and methodical approach
- Strong communication skills with the ability to engage stakeholders at different levels
- Awareness of FCA regulatory frameworks, ICARA and IFPR is desirable
About You
We are looking for someone who is curious, detail-oriented, and keen to build a career in operational risk within a regulated financial services environment.
You are likely to be:
- Analytical and structured in your thinking
- Comfortable working with data and documentation
- Proactive and willing to take ownership of tasks
- Interested in developing your understanding of risk and regulation
- Collaborative and confident working with different teams across the business
Why Join W1M?
This is an opportunity to join a growing organisation at an exciting stage of its journey.
The role offers:
- Hands-on exposure to operational risk in a regulated environment
- The opportunity to contribute to the development of core risk frameworks
- A collaborative and supportive team culture
- Strong learning and development opportunities
Equal Opportunity Statement
W1M is an equal opportunities employer and welcomes applications from all suitably qualified candidates in accordance with the Equality Act 2010.
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