The role holder is a member of the Risk Framework team within the Group’s Risk Function. As part of this central team, the role holder is responsible for ongoing analysis of key risk information, including indicators, incidents, control assurance activity and audits, and meticulous scrutiny and oversight of the outputs in comparison to Business Risk Assessment outputs and actions.
The role would suit a Risk Manager with a good theoretical understanding and practical implementation of a Risk Management Framework (RMF), principally risk assessment, control framework, key risk indicators, and risk data analysis.
Job specification
Analysis and use of various sources to inform, and/or challenge, the risk and control environment status at a Group, Functional and local level.
Validation of key information source accuracy. E.g., suitability and monitoring of key risk indicators and associated thresholds and limits.
Partnership with Local Risk Management to support proactive risk management, through accurate and timely risk assessments, and control adequacy.
Material support and input into the Group level Risk Assessment, including the formal annual assessment, ongoing monitoring and quarterly Group Risk Committee reporting.
Adapting the risk assessment approach to suit local needs without compromising the overarching RMF principles and minimum standards.
Drive risk assessment efficiency and quality improvements, with a particular focus on controls and associated management information and data.
Act as support and cover for Risk Management Framework roles.
Business continuity framework support, including oversight of Business Impact Assessments and Business Continuity Plans.
Skills Required:
2-3 years’ experience of risk assessment and/or risk management information analytics.
A degree level qualification in Risk management or equivalent.
Practical experience of control frameworks, and key risk indicators.
Strong analytical, written, verbal, presentation and organizational skills, including Microsoft Office tools.
Experience of risk management in a Fund Administration environment is preferred but not essential.
A Risk Management qualification is desirable but not essential
Key Personal Skills
Quality and delivery focused, balancing the needs of the Risk Function goals with those of a growing, commercially focused business.
Strong interpersonal, listening and collaboration skills with an ability to interact, manage and influence stakeholders.
Ability to work independently, managing and adapting your own workload and various deliverables, balancing high quality with pace.
Self-motivated, highly engaged and driven, with a passion for risk management.
20 Initiatives to Boost Employee EngagementAre you struggling with improving employee engagement at work? This article covers everything from better communication to building a strong workplace culture.
30 Common Interview Mistakes to AvoidThis piece examines 30 of the most common mistakes applicants make at interviews, so you know how to better avoid them.