Senior Risk Manager

Finance London, United Kingdom


About the role:

The role of the Senior Risk Manager is to manage the introduction of Enterprise Risk Management (ERM) across the Farfetch group. ERM takes a risk-based approach to managing an enterprise, integrating concepts of internal control, the Sarbanes-Oxley Act, data protection and strategic planning. It involves identifying the key risks to the Business’s objectives, assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress to ensure optimal risk mitigation. The role requires hands-on development of risk models involving market, financial and operational risk, assure controls are operating effectively, and provide research and analytical support.

What you’ll do:

  • Designing and implementing an overall enterprise risk management process which involves managing all the risks affecting Farfetch’s ability to meet its goals and objectives.
  • Performing a top down enterprise risk assessment: Analysing current risks and identifying potential risks that are affecting the company
  • Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
  • Establishing the level of risk the company are willing to take
  • Preparing risk management and insurance budgets
  • Risk reporting tailored to the relevant audience. (Updating senior management about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
  • Explaining the external risk posed by corporate governance to stakeholders
  • Conducting policy and compliance audits, which will include liaising with internal and external auditors
  • Undertaking line manager responsibilities where appropriate
  • Building risk awareness amongst staff by providing support and training within the company
  • Some business travel will be required, mainly to Porto but also further afield as the business continues to grow


Who you are:


  • You hold a recognised risk management qualification (IDRM or equivalent) and/or a qualified Accountant (ACA or equivalent) or Internal Auditor (IIA) with 3 years post-qualified experience, and a proven risk management background
  • You can demonstrate solid experience of enterprise risk management tools and techniques and are able to understand broader business issues
  • A working knowledge of COSO Enterprise Risk Management – Integrating with Strategy and Performance is preferable
  • You have excellent technical, analytical and problem-solving skills and are comfortable working both in a team and on your own
  • You are a highly motivated and organized self-starter, with excellent verbal and written communication skills, interpersonal skills and the ability to interface with all levels of management within the company and across different cultures
  • You have a naturally inquisitive, assertive and tenacious character but you are also pragmatic
  • You take responsibility for the quality, completeness, efficiency and accuracy of your work, you can manage your time effectively to meet deadlines
  • You thrive in a fast-paced high growth environment. Experience of similar working environments would be ideal
  • Fluency in Portuguese would be an advantage, though not a requirement for this role