Associate Risk and Assurance Manager / Risk and Assurance Manager - Fixed Term

We are seeking an Associate Risk & Assurance Manager / Risk & Assurance Manager (dependent on experience) to join our team for 12 months to cover a period of maternity leave.

The primary purpose of the role will be to work within our 2nd line of defence risk management team, taking the lead on 2nd line risk assurance activity, being the day-to-day point of contact for our 3rd line Internal Audit function, and working closely with 1st line Risk Champions.

For that reason, it's important that you can quickly build relationships, gain credibility, and influence others.

Key responsibilities will include :

Acting as a risk business partner for several of our Business and Business Support Units. This includes reviewing and constructively challenging business risk and control self-assessments and reporting;

oversight of risk events; providing training; building relationships and actively engaging with 1st line Risk Champions and other business stakeholders.

• Support in the continuous improvement of our Risk Management Framework


• Facilitating operational and strategic risk identification workshops to ensure risks are continually identified, assessed, mitigated, and reported.


• Feeding into quarterly risk reports and other Management Information for our Management Board and Audit & Assurance Group and presenting aspects of reporting to these bodies.


• Taking the lead on conducting analysis to determine where any 2nd line risk team control reviews, testing, assurance activities and deep dives should be focused as part of annual assurance planning.


• Overseeing setting scopes for these 2nd line risk assurance activities and supporting fieldwork and delivery. Peer reviewing all final 2nd line risk assurance reports to ensure any risk or control weaknesses identified have the appropriate improvement recommendations as part of a mitigation plan.


• Leading on the 2nd line risk team assurance methodology to ensure it remains relevant and risk-focused to support high quality assurance activities across key business risks and processes.


Ensure alignment with 1st and 3rd line methodology to ensure a common approach to assurance is applied.

• Being the main day to day point of contact for our internal auditors. This includes supporting the transition from one internal auditor provider to a new provider and liaison on the delivery of the 3rd line audit plan for the year.


• Leading on delivering annual training for business owners involved in 3rd line audits.


• Risk team training lead ensuring annual training remains relevant and fit for purpose.


• Building relationships and collaborating with other teams across the business (e.g. legal, regulatory, information governance) to ensure a joined-up approach.


• Support and help drive other risk team initiatives and project work.


• Maintaining industry awareness and best practice insight.


• Positively contribute to the Risk team- creating a professional, effective high quality and approachable resource for the business.
  
  Pro-active and pragmatic- with a focus on using your judgment and initiative.


• Flexible and adaptable.


• Logical and organised with good attention to detail.


• Effective communication and people skills and experience of dealing with different stakeholders across a business.


• Ability to prioritise and manage a number of different projects at the same time spanning different areas of work.


Qualifications / Experience :

Essential :

• Substantial experience in a risk management related role in an FCA regulated environment.


• Substantial experience in an assurance related role (including delivery of control testing / independent deep dives and oversight of internal audit reviews) in an FCA regulated environment.


• Excellent stakeholder management skills with the ability to communicate confidently and influence stakeholders.


• Experience of working with Microsoft packages such as Word, Excel and ideally SharePoint.


Desirable :

• Risk management degree or IRM certificate in Enterprise Risk Management.


• Some experience of third-party risk management and / or fraud risk management.