Risk Manager

The Compliance & Risk Function operates within the second line of defence, independently of the first line management, and comprises of Compliance Advice, Compliance Monitoring and Governance & Risk teams.  Compliance & Risk works with Stakeholders to achieve positive outcomes for Customers and the organisation.

We embrace hybrid way of working, getting together in our Walsall office twice per week, while working remotely the rest of the week. Please consider your commute before applying.

Your key responsibilities will be:

• To Develop, implement and maintain the Enterprise Wide Risk Management Framework; its associated policies, procedures, systems and tools; and oversee its operation across the UK business.
• Manage the Risk System (MORIS), to ensure it supports effective risk management through system design, appropriate access controls and reporting outputs.
• Manage the supplier relationship for the MORIS system, including supporting the budget planning and spend management.
• Provide training for MORIS users to ensure its effectiveness and accuracy.
• Support second line Risk Business Partners as they oversee the strategic and operational risk management through framework advice, reporting and analysis.
• Establish and maintain open, ongoing and prompt communication with key stakeholders, risk owners, senior managers and the Executive team as required.
• Draft high-quality risk management reports for governance reporting purposes, through insightful risk analysis.
• Demonstrably maintain and enhance an effective external perspective and knowledge of risks and risk management best-practices, tools and techniques.
• Provide Secretariat service to Compliance & Risk Director for risk governance meetings, such as Management Risk Committee, as required.
• To demonstrably maintain and enhance personal competence in line with the T&C Scheme.
• Deliver additional accountabilities as delegated or required on an ad hoc basis

To be successful in this role you will need to have the following knowledge, skills and attributes:

• Proven track record in second line operational risk management and/or related discipline (e.g. audit) in Financial Services organisations operating at a senior level.
• Confidence and ability to manage relationships with stakeholders at all levels within the organisation and to lead development of various elements of the Risk Management Framework. 
• A good understanding of a wide variety of business functions, including an appreciation of typical risks and expected controls.
• Educated to at least ‘A’ level or equivalent, together with either a relevant university degree or professional qualification equivalent, or significant operational risk management experience.
• Comprehensive understanding of operational risk and applicable regulatory expectations including industry best practice models.
• Ability to analyse complex issues and suggest solutions that balance regulatory requirements, business requirements and customer outcomes.
• Ability to work independently with minimal supervision.
• Recognised as an expert in own field.
• Experience of advising Directors on risk issues.