This role is responsible for ensuring an effective risk management framework and operating processes are in place. Sitting 2nd line, this individual will work closely with the Exec and the Board to determine and manage risk appetite, identity any risks and provide training and guidance on risk management to maintain a robust risk management framework.
Key responsibilities include:
Develop an appropriate ‘risk universe’ working across 2nd and 3rd line
Further improve and regularly update the risk based Risk Assurance Plan
Lead and perform risk based assurance reviews of functions, processes and projects / strategic change
Provide coaching and training to 1st line on effective risk management
Prepare well evidenced reports and opinions on the effectiveness of risk management
Identify gaps or weaknesses in controls or control processes and collaborate with 1st line to identify proportionate and effected remedial actions
Assist the business to develop and maintain an appropriate suite of KPIs, KRIs and KCIs
Develop and maintain stakeholder relationships as part of regular meetings to keep abreast of developments in the business and wider market
Support the embedding of a culture of continuous improvement in risk management
The Person
You have a passion for risk management and making a difference to the business
This role requires someone with a proactive, energetic and delivery focused approach
Collaborative, open to working with all levels up to Board and Regulators, as well as across functions
Excellent communication skills
Able to inspire and generate respect, confidence and commitment to the business
Demonstrate sound business / professional judgement through strength of character, independent thought and commitment to values, culture and integrity
Able to take personal responsibility for delivery – practical hands on approach
At least 10 years’ experience in relevant work (Risk / Industry)
Operational and Enterprise Risk as the most relevant Risk expertise to bring