Business Manager - Risk, Compliance, & Funding

Universities Superannuation Scheme (Ltd); Liverpool; Hybrid; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Generous annual leave package

High-quality pension scheme

Financial contributions for personal development

Private healthcare access

Discounted gym membership

Learning and development opportunities

Employee Volunteer Days

Cycle to Work Scheme

Job summary

A leading pension scheme provider is seeking a Business Manager for Risk, Compliance & Funding in Liverpool. This permanent role will involve collaborating with the Chief Risk Officer and managing a team. Candidates should demonstrate strong analytical skills, experience in business management, and the ability to manage multiple tasks effectively. The workplace promotes a flexible culture and offers a generous leave package alongside various health and wellbeing benefits.

Qualifications

• Proven record of delivering business management activities.
• Strong ability to manage multiple work streams.
• Experience in networking and stakeholder coordination.

Responsibilities

• Support the Chief Risk Officer with departmental management.
• Track governance forums and liaise with team members.
• Develop the people strategy for the CRO’s function.

Skills

Self-starter

Excellent analytical skills

Strong influencing skills

Organizational skills

Problem-solving skills

Job description

Business Manager - Risk, Compliance & Funding

Business Area: Group Risk and Funding

Place of Work: Liverpool

Contract Type: Permanent

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.

About the role

In your role as Business Manager - Risk, Compliance & Funding, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to provide strategic and operational support to the Chief Risk Officer (CRO) in fulfilling their responsibilities as Head of Group Risk, Compliance and Funding. The role will work collaboratively across key risk teams, including Enterprise and Operational Risk, Information Security, Compliance, Financial Risk and Funding & Valuation - to ensure effective delivery of risk management objectives, enhance governance, and strengthen the overall effectiveness of delivery of the risk framework across the Group.

What you will be doing

As a trusted part of the Group Risk and Funding team you will be responsible for:

The key responsibilities are listed below:

CRO Support

• Support the USS CRO in all aspects of their role including running a department of c60 people across both USS and USSIM.
• Work effectively alongside the CRO's EA (who manages the CRO's inbox, diary and travel arrangements) to effectively manage the CRO's incoming requests and actions, agreeing and effecting necessary actions as agreed with the CRO.
• Track the governance forums that the CRO’s team needs to engage with to ensure that there is a clear plan for delivery and review of all papers from the CRO function. Liaise with relevant team members/SMEs to ensure that they are aware of, and meeting, relevant deadlines etc. To review papers from the CRO’s function to ensure that they are of a high-quality, are free of typographical errors and comply with internal board/committee paper requirements.
• On an ad-hoc basis, assist the CRO by either getting involved in and/or leading specific initiatives, as required, to ensure effective delivery.
• Represent the CRO on various internal management committees and forums as required.
• Support the CRO in considering exec succession for their team in conjunction with HR. To also support on headcount planning.
• Support the CRO with external engagements they are attending on behalf of USS e.g. by liaising with the Corp Affairs team to ensure he has appropriate briefings, slides etc.
• Support the CRO in creation, completion and evidencing of departmental objectives.
• Management of the RRAC (Remuneration Risk-Adjustment and Accountability Committee) – a committee of control function heads reporting to the Remuneration Committees on conduct and risk issues. This includes gathering data and preparing papers.

Finance support

• Working closely with Finance Business Partner to help co‑ordinate the business planning process, organizing CRO departmental reviews and supporting strategic planning. This includes responsibility for coordinating definition of strategic priorities and KPIs, and coordination of oversight of these throughout the year.

Risk team infrastructure

• Work with the HR team and CRO to develop the people strategy for the CRO’s function.
• Identify areas for continued process improvement and enhance efficiencies by generating innovative ideas and solutions.
• Enhance MI reporting from each of the teams within the CRO function.
• Assist in the preparation and analysis of internal team risks registers and self‑assessments.
• Work closely with each of the Head of Information Security, Head of Enterprise and Operational Risk, Head of Compliance, USSIM Head of Financial Risk and Director of Valuation and Funding to ensure consistent prioritisation and approach to key initiatives.
• Support the CRO in the effective management of their department.
  • Support CRO in their management of their function
  • Supporting on leadership development for CRO team (e.g. by developing content for offsites)
  • Ensuring that there is appropriate communication and cascade of key messages and team priorities
  • Reviewing and updating team management processes to ensure that they are effective and drive a positive team culture
  • Ensuring that there are clear leadership processes in place, eg 1‑2‑1s and appraisals, across the function

About you

We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.

To be successful in the role you will have:

• Self-starter, enthusiastic, dynamic yet practical and hands‑on approach
• High level of structure and organisation, and ability to manage multiple work streams
• Experience of delivering business management activities, ideally in a business management role
• Ability to effectively network and co‑coordinate between stakeholders
• Ability to be the spokesperson on a range of matters
• Excellent analytical and problem‑solving skills
• Proven record of strong influencing and relationship building skills at a senior level, and ability to challenge.
• Ability to deliver high quality work under constrained timelines
• Ability to communicate effectively in both written papers and oral presentations

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!

How we will reward you

• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Day’s to support the communities where you work and live
• Cycle to Work Scheme

Our culture and values

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:

• Integrity

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for almost 577,000 members and their families. We are one of the largest private defined benefit pension schemes in the UK, with total assets of around £76.8bn (at 31 March 2025). To find out more, please visit https://www.uss.co.uk

USSL is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting [e-mail].