Enterprise Risk and Assurance Analyst

LGPS Central; Birmingham; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Pension scheme (enhanced)

30 days holiday + bank holidays

Volunteer days (2)

Company day

Job summary

LGPS Central is seeking a proactive risk professional to join our Wolverhampton-based team. You will support and own aspects of the enterprise risk management framework, including risk registers, controls, and reporting.

Collaborate with the Enterprise Risk Manager and CLCRO to design policies, quantify risks, and drive assurance activities across the business, while promoting a strong risk culture.

Qualifications

• Degree qualified or equivalent experience.
• Experience in asset management or financial services preferred.
• Associated risk management qualifications are preferred.

Responsibilities

• Operate and support the firm’s enterprise risk management framework, including maintaining risk registers, monitoring controls, and preparing reports.
• Assist in design, development, and embedding of risk policies, procedures, and assurance frameworks across the business.
• Identify, assess, and quantify operational and enterprise risk scenarios, escalating issues where appropriate.
• Provide clear, pragmatic risk advice with guidance from the Enterprise Risk Manager.
• Produce accurate risk reports, analysis, and presentations for senior stakeholders.
• Support operation of assurance frameworks, including input for audits and regulatory reporting.
• Collaborate across functions to promote risk culture and embed risk management in decisions.
• Build relationships with auditors and external stakeholders.
• Communicate complex risk matters clearly for varied audiences.
• Keep abreast of industry developments and best practices to improve risk function.
• Participate in professional development with knowledge of accounting, finance, investments, pensions, and risk.

Skills

Risk governance

Stakeholder engagement

Analytical thinking

Report writing

Communication

Regulatory reporting

Problem solving

Auditing support

Education

Degree qualified

Risk management certifications (preferred)

Job description

Join LGPS Central at a pivotal moment, where investment meets long term impact.

Based in Wolverhampton, the successful candidate will work closely with the Enterprise Risk Manager and Chief Legal, Compliance and Risk Officer (CLCRO) to ensure the effective management of the firm’s enterprise risk frameworks.

What you’ll be doing:

• Operate and support the firm’s enterprise risk management framework, including maintaining risk registers, monitoring controls, and preparing reports.
• Assist in the design, development, and embedding of risk policies, procedures, and assurance frameworks across the business.
• Identify, assess, and quantify operational and enterprise risk scenarios, escalating issues where appropriate.
• Provide clear, pragmatic, and business-focused risk advice with appropriate guidance from the Enterprise Risk Manager.
• Produce accurate and timely risk reports, analysis, and presentations for senior stakeholders, including the senior leadership team and risk and audit committee.
• Support the operation of the firm’s assurance frameworks, including contributing evidence and input for internal and external audits and regulatory reporting where required.
• Collaborate with colleagues across functions to promote a strong risk culture and ensure risk management is embedded in decision-making.
• Build and maintain effective relationships with auditors, assurance providers, system suppliers, and other external stakeholders.
• Communicate technical and complex risk matters in a clear, concise, and relevant way for different audiences.
• Keep abreast of industry developments, regulatory expectations, and best practice to support continuous improvement of the risk function.
• Actively participate in professional development, ensuring knowledge of accounting, finance, investments, pensions, and risk management remains current.

About us

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central’s Partner Funds are:

• Cheshire Pension Fund
• Derbyshire Pension Fund
• Leicestershire Pension Fund
• Nottinghamshire Pension Fund
• Shropshire Pension Fund
• Staffordshire Pension Fund
• West Midlands Pension Fund
• Worcestershire Pension Fund
• Gloucestershire Pension Fund
• Hampshire Pension Fund
• Suffolk County Council
• Wiltshire Pension Fund
• Norfolk Pension Fund
• Oxfordshire Pension Fund

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds

Requirements

• Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
• Able to communicate complex and technical risk matters in a way that is clear, relevant, and understandable to different audiences.
• Good report-writing and presentation skills, with attention to detail and accuracy.
• Organised and able to manage competing priorities and deadlines under time pressure.
• Strong interpersonal and communication skills, with the ability to build effective relationships at all levels.
• High degree of professional ethics, integrity, and sound judgement.
• Understanding of risk governance frameworks in asset management and how to implement them.
• Knowledge of the three lines of defence model and how to apply it.
• Ability to identify, assess, and quantify operational and enterprise risks.
• Active commitment to continuous professional development, with an up-to-date understanding of accounting, finance, investments, and pensions.

Qualifications:

• Degree qualified (or equivalent experience).
• Associated risk management practitioner qualifications/certifications (preferred).
• Experience in asset management and/or wider financial services sector (preferred).

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme 247 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
• Winner of LAPF Investment Innovation
• Winner of Pool of the Year 2025