Companies you’ll love to work for

Correlation Ventures

Enterprise Risk Manager



London, UK · Remote
Posted on Friday, October 20, 2023

About Griffin

Hi, we’re Griffin! We’re the bank for companies who want to build and launch financial products.

Our context

We're rapidly heading towards a future where most of us access financial services through technology companies rather than high street banks. All sorts of companies are now embedding financial products into their apps and user journeys so that their customers can seamlessly make payments, manage expenses, take out loans, save, invest, and do more.

The problem is that companies are still dependent on legacy banking infrastructure if they want to offer regulated financial products. They need to either partner directly with an (slow-moving, risk-averse) incumbent bank and/or stitch together middleware from various Banking as a Service (BaaS) providers. This process is slow, expensive, and complex and makes it very hard for companies to get new financial products off the ground.

At Griffin, we want to change this.

Our purpose

We want to make it easy for companies to bring finance to their customers at the point of greatest relevance. So, we built a bank.

But not just any bank! Griffin is a technology platform and a bank: fully regulated, API-first, developer-centric, and purpose-built to serve innovative fintechs and brands who want to build and embed financial products.

Learn more about what we do.

Our culture

Our culture is our most important asset, and one of the ways we safeguard it is by being extremely intentional about hiring the right people. We won't hire people who don’t seem like a strong fit for our core values, even if they're otherwise extremely qualified.

We also believe that smart, motivated, conscientious people thrive in high-trust, high-autonomy environments. That’s why we’re transparent by default, and we encourage open discussion and challenge across all levels of the organisation. We’re also remote-first, asynchronous, and fully flexible - because you're the expert on how and when you do your best work.

Learn more about our culture.

The Risk and Compliance team

Griffin has a new but relatively well established second line function. If successful, you will be working with our Head of Enterprise Risk. Because we a start-up bank, you will also be working closely with the first line while remaining independent, supporting the embedding of a strong three lines of defence model.

You will have a real and meaningful impact on how we approach risk at Griffin. We're not putting patches on legacy frameworks, we're laying the foundations of the future of global financial infrastructure.

Who are you?

The ideal candidate for this job will have most of the following:

  • 5+ years experience in risk management, the last 3 in a UK bank or consultancy firm.
  • Detailed working knowledge of UK banking regulation, legislation and standards.
  • Experience in enterprise risk management and at least one of the following areas: governance, prudential risk (including stress-testing or scenario analysis), model risk, change management, operational resilience, consumer duty, compliance, or SMCR.
  • Experience in managing senior stakeholders and risk committees (e.g. horizon scanning, minute taking, action tracking, MI packs, overseeing agenda, etc).
  • Experience with supporting the ICAAP process.
  • Strong written and verbal communication skills.
  • Experience in the fintech space (preferably).

What will you be doing here?

As an Enterprise Risk Manager you'll be working closely with the Head of Enterprise Risk and other teams to:

  • Monitor Griffin's full risk profile against risk appetite and other metrics (e.g. credit, market and operational risks).
  • Produce MI packs for governance committees.
  • Provide oversight to the risk assessment processes and systems used to monitor risk.
  • Manage the agenda and content of the second line governance committees.
  • Provide SME input to reviews carried out by the assurance team in their areas of expertise.
  • Support the second line in the ICAAP and ILAAP processes.
  • Provide second line input to change management projects.
  • Any other second line activity as requested by the Head of Enterprise Risk.

You may also be asked to take on special projects and other assignments as requested by the Head of Enterprise Risk and the Executive team.

What can we offer you?

We are an early stage startup and we're working hard to expand our benefits package. We're planning to add to this list in the future.

  • 25 days off a year + bank holidays
  • Flexible, remote-friendly working - including supporting home office setup
  • Tax-advantaged stock options under HMRC's Company Share Option Plan (CSOP)
  • Auto-enrolment into company pension scheme
  • Enhanced parental leave with up to 6 months at full pay
  • Private medical insurance and life insurance (provided by Vitality and AIG respectively)

How do I apply?

Are we your next move? Apply via the link below, if there's a match our Talent team will reach out to schedule an initial conversation and talk you through our interview process in detail.

N.B: We have a small London office in Moorgate, and we are comfortable hiring people to work from anywhere in the UK. About half of the company is based within occasional commuting distance of London, the other half is full-time remote.

Our goal is for Griffin to proportionally represent the diversity of the working population in society. We’re working to ensure that Griffin is a supportive, empowering and inclusive environment for every member of our team — whatever your combination of race, ethnicity, gender, age, sexual orientation, physical ability, nationality, neurodiversity, and religious beliefs. If you’re part of a group that is under-represented in fintech, we’d love to hear from you

Griffin Bank Ltd request that recruitment agencies do not speculatively submit CVs to any employee or associate of our company unless explicitly asked to do so by a member of our Talent team.

Any CVs sent to any member of our team on a speculative basis will not be recognised and we will not accept liability for any fee or commission should we subsequently employ a candidate who applied to us directly or was introduced by an instructed agency that may also have been submitted speculatively by an uninstructed agency.