Head of Enterprise Risk Management (ERM)
- Develop an industry leading team to deliver these objectives.
- Manage the professional learning and career development of the team.
- Proactively drive development of new techniques, controls, analytics and reporting, appropriately aligned with the needs of the business.
- Drive engagement and buy-in of senior management across the business with respect to risks and controls in their business areas. Ensure they have ownership of their risks and risk management processes.
- Drive senior management and risk owners to set tolerances, measure risks, maintain risk registers, update risk assessments and implement controls
- Provide guidance to teams and individuals to support their first-line risk management activities. This may include process development, report design, documentation, policy implementation, risk register review, etc.
- Network widely with risk professionals to keep up-to-date with emerging issues, new risks and relevant innovations.
- Actively participate in the Group Risk management team (the “Heads of Risk”). Work with risk colleagues to share information and perspectives.
Managing Processes & Future Focus
- Elevate the management of enterprise risk and operational risk across the Group to a more strategic level.
- Identify opportunities to match or exceed best practice by improving risk processes, policies, procedures, controls, reporting, analyses and the risk governance framework.
- Integrate ERM more fully into the Risk Governance framework, and evolve it to address the changing business, economic and regulatory environment.
- Actively contribute to the writing of papers, development of reports and presentations to various executive and non-executive committees.
- Develop and oversee end-to-end risk processes that cross team and organisational boundaries, often requiring the synthesis of business requirements and the coordination of multiple stakeholders.
- The successful candidate is likely to hold a strong Bachelor's degree in a Science or other numerate subject.
- Experience with a financial services company (e.g., pensions, investment management, insurance, banking of financial consultancy) in a senior operational risk or enterprise risk role.
- Proven leadership and people management skills.
- A strategic perspective of risk and its management.
- Experience and in-depth understanding of risk management, risk policies, risk procedures, risk appetite articulation and risk governance.
- Experience of developing and implementing risk management strategies and policies.
- Demonstrated ability to identify, escalate and resolve issues.
- Demonstrated ability to engage effectively with senior management, along with excellent communication skills (both written and verbal).
- An advanced degree such as an MBA, MSc, or PhD, or a professional designation such as CFA would be advantageous but not essential.
- Strong working knowledge of the asset management industry and/or pension industry would also be an advantage.