Risk and Assurance Manager

Overview Job Advert Risk and Assurance Manager Location: Manchester City Centre Job Type: Full-time Basic Salary: up to £60,000 dependent on experience.

About us: Evolution Money is a Certified B Corp with a social purpose.

At Evolution Money, our mission is to redefine financial inclusion by providing bespoke lending solutions to UK homeowners. We are committed to empowering individuals and fostering long-term financial well-being. Through innovative and purpose-driven approaches, we aim to challenge traditional norms and create a pathway for those who might be overlooked by conventional financial institutions.

About the team: The Compliance, Oversight, Risk and Assurance team ensures the organisation meets regulatory expectations, manages key risks, and maintains strong governance. The team covers a range of specialist areas including Compliance Oversight, Outcomes Monitoring, Conduct Risk, Horizon Scanning, Regulatory Liaison, Data Protection, Financial Crime, Regulatory Policy, Governance, Whistleblowing, Complaints, Customer Communications, Consumer Duty reporting, and regulatory permissions. Within the team, the Risk & Assurance function provides independent challenge and oversight. Assurance delivers objective testing of controls and oversight mechanisms, giving evidence that risks are well managed and controls operate effectively. Risk Management oversees the Enterprise Risk Management framework, including risk appetite, incident management, monitoring, and reporting. Together, these functions help ensure risks are understood, controls remain effective, and the organisation operates safely and compliantly.

The role: Part of the Compliance, Oversight, Risk, and Assurance team, reporting to the Director of Risk & Compliance, you'll be responsible for leading the organisation's Risk & Assurance activities. This includes delivering independent assurance reviews that validate the effectiveness of key controls and oversight mechanisms and managing the Enterprise Risk Management framework to ensure risks are identified, assessed, and managed in line with the organisation's risk appetite. You will provide expert challenge, insight, and reporting to senior leaders, helping to strengthen governance, improve control effectiveness, and support a strong risk culture across the business. This is an excellent opportunity to become a valued member of Team Evo and grow with us.

Key responsibilities

• Support the Director of Risk & Compliance in all relevant risk & assurance activities across the Evolution Group of companies.
• Effectively manage the Risk and Assurance team to execute the Risk & Assurance Plan, ensuring alignment with regulatory expectations, emerging risks, and organisational priorities.
• Lead the delivery of independent assurance reviews to assess the effectiveness of first line controls, oversight mechanisms, and risk management practices.
• Produce clear, high quality assurance reports with actionable findings, recommendations, and insights for senior leadership and governance committees.
• Oversee the Enterprise Risk Management (ERM) framework, ensuring risks are identified, assessed, monitored, and reported consistently across the organisation.
• Manage the risk appetite framework, supporting the organisation in setting, reviewing, and operating within agreed thresholds.
• Lead the investigation, analysis, and reporting of risk incidents, ensuring root causes are understood and corrective actions are implemented.
• Provide expert challenge and guidance to business areas on risk exposures, control effectiveness, and remediation plans.
• Maintain risk registers, dashboards, and reporting packs, ensuring timely and accurate information for executive and board level committees.
• Support horizon scanning by identifying emerging risks, themes, and regulatory developments that may impact the organisation.
• Strengthen risk culture through engagement, training, and proactive support to first line teams.
• Liaise with internal and external auditors, regulators, and other assurance providers to ensure effective coordination and consistent messaging.
• Drive continuous improvement across both risk and assurance activities, embedding best practices and enhancing organisational resilience.
• Support the Compliance & Oversight team, as required, to deliver on the directorate's objectives.

Qualifications

• Minimum: A good standard of verbal and written communication in English.
• Proven experience in a Risk, Assurance, Compliance, Internal Audit, or related governance function within financial services or a regulated environment.
• Strong background in delivering assurance reviews, control testing, or audit engagements, with the ability to produce clear, evidence based reports.
• Practical experience managing or operating within an Enterprise Risk Management (ERM) framework, including risk identification, assessment, and monitoring.
• Hands on experience with risk appetite, risk incidents, and root cause analysis, including tracking and validating remediation actions.
• Demonstrated ability to analyse complex control environments and provide effective challenge to senior stakeholders.
• Experience designing or improving risk and control frameworks, policies, or methodologies.
• Strong understanding of regulatory expectations and governance requirements relevant to the sector (e.g., FCA, PRA, Consumer Duty, financial crime obligations). Proven experience producing high quality risk and assurance reporting for committees, senior leadership, or boards.
• Ability to manage multiple assurance and risk activities simultaneously, often to tight deadlines.
• Experience engaging with external auditors, regulators, or other assurance providers.

Qualifications (additional)

• Intelligent, articulate, and persuasive individual, who can communicate risk and assurance related concepts to both technical and non-technical staff.
• Excellent time management skills and ability to effectively manage changes to priorities and deadlines.
• Excellent communication and organisational skills.
• Experience of providing feedback/coaching in a constructive manner.
• The ability to clearly express ideas and communicate succinctly across a range of colleagues, including senior managers.
• Ability to work as a member of a team and upon own initiative.
• Desirable professional qualifications such as IRM, ICA, IIA, ISO based certifications, or equivalent risk/assurance accreditations.
• Experience designing or embedding risk frameworks, assurance methodologies, or quality assurance programmes.
• Prior involvement in third party or supplier risk assessments, including audit coordination.
• Experience working with Consumer Duty, conduct risk frameworks, or outcomes monitoring.
• Exposure to data governance, data protection, or financial crime risk environments.
• Experience using GRC or risk management software/tools to support reporting and analysis.
• Understanding of horizon scanning techniques and emerging risk identification.
• Previous experience presenting at senior leadership or board level committees.
• Background in fast growth, change heavy, or multi regulated environments.
• Experience collaborating with regulators, external auditors, or other assurance providers.

Additional information The responsibilities set out in this document and any additional information are intended to provide a guide to the role. It is not possible to include everything you will be asked to undertake, and we expect all employees to work flexibly according to business needs and to enhance your own development. Your skills, abilities and training needs will be taken into account and discussed with you when any significant changes to your role are needed.

What you'll get back

• Up to 25 days' annual leave
• Bank Holidays
• Your birthday off, every year
• A healthcare cash plan
• A contributory pensions scheme, matched up to 5%
• Long Service Awards
• Cycle to work scheme
• Life Assurance

Company culture and inclusion Company Culture: Join us on our journey to redefine financial inclusivity. As we continue to evolve, so do the possibilities for those we serve. Our goal is not just to provide loans but to architect a future where financial empowerment is a reality for everyone. At Evolution Money, we value creativity, innovation, and a collaborative spirit. Our team is dedicated to delivering exceptional results and creating a positive impact in the financial services industry. We believe in fostering a work environment that encourages growth, learning, and teamwork. We are committed to encouraging equality, diversity and inclusion and aim to create a working environment where every employee is respected. We will provide fairness, and respect to all our prospective employees, and all hiring decisions are based on merit. We aim to ensure that no job applicant is placed at a disadvantage by practices or requirements which disproportionately disadvantage protected groups, and which are not justified by the demands of the role. Everyone is welcome at Evolution Money We are proud in creating an inclusive and diverse culture in our Evo Team community. We want to ensure that you feel comfortable and can give your best throughout the recruitment process. We encourage applications from all backgrounds and communities, and we are more than happy to discuss any reasonable adjustments that you may require. Please get in touch with us at any stage of recruitment to discuss it: evohrevolutionmoney.co.uk . click apply for full job details