First Line Risk and Control VP

  • Michael Page Banking
  • Oct 07, 2025
Full time Banking Finance

Job Description

The First Line Risk and Control VP will take the lead on Operational Resilience and BCM across the First Line Risk and Control team.

You will support the development, embedding, and ongoing management of the operational resilience framework across the organisation, ensuring compliance with regulatory expectations and enhancing the firm's ability to withstand and recover from disruptions.

Client Details

Wholesale Banking client, who are specialist in the FX and Payments market.

Description

The First line Risk and Control VP will have the following responsibilities:

Framework Development: Design and implement operational resilience strategies, tools, and methodologies aligned with regulatory requirements (e.g., FCA, PRA).

Service Monitoring: Continuously monitor critical business services, assess performance, and identify vulnerabilities or areas for improvement.

Incident Response & Lessons Learned: Analyse operational incidents to extract lessons and feed them into operational resilience planning.

Stakeholder Engagement: Collaborate with Service Owners, Resource Owners, and other stakeholders to ensure resilience responsibilities are understood and fulfilled.

Change Management: Participate in change programs that impact operational resilience posture, ensuring risks are mitigated and resilience is maintained.

Testing & Assurance: Lead or support resilience testing activities, including scenario planning and impact assessments.

Governance & Reporting: Contribute to governance forums and provide insights to support strategic decision-making on resilience investments.

Artefact Mapping: Lead on mapping of Important business services to processes, systems, people/ teams and premises/ locations, maintain these on an ongoing basis.

Operational Resilience Module: Lead on the implementation and ongoing maintenance of the Operational Resilience Module in Riskonnect to ensure that all relationships, including material third party suppliers are linked, results from testing are recorded, and outcome reports are produced.

Profile

A successful First Line Risk and Control VP should have:

  • Strong knowledge of first-line risk management practices in financial services.
  • Experience with operational resilience and business continuity management (BCM).
  • Familiarity with regulatory requirements and compliance frameworks.
  • Proven ability to analyse and mitigate risks effectively.
  • Excellent communication and stakeholder management skills.
  • A relevant qualification in risk management, compliance, or a related field.

Job Offer

  • Competitive salary in the range of £81,000 to £98,000 per annum.
  • Comprehensive benefits package tailored to support your well-being and career growth.
  • Opportunities to work within a respected financial services organisation.
  • Structured environment with a focus on professional development and learning.
  • Collaborative and supportive workplace culture.
  • Role based in City of London.

If you are ready to take the next step in your career as a First Line Risk and Control VP, we encourage you to apply today!