Enterprise Risk and Assurance Analyst Risk Analyst - Driving Excellence in Enterprise Risk Mana[...]

LGPS Central Limited; Birmingham; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading UK pension pool is seeking an Enterprise Risk and Assurance Analyst to enhance risk management capabilities. You will support the enterprise risk framework, develop risk policies, and provide risk advice to senior stakeholders. The ideal candidate will have strong problem-solving skills, qualifications in risk management, and experience in the asset management sector. A competitive salary and a hybrid working environment with numerous benefits are offered.

Benefits

Competitive salary

Enhanced Pension Scheme

30 days paid holiday

Paid volunteering days

Company Day

Learning & Development Opportunities

Welfare policies

Enhanced pay for new parents

Health & Wellbeing Support

Private Medical Insurance

Company Service Awards

Cycle to Work Scheme

Electric Vehicle Scheme

Qualifications

• Strong reasoning and problem-solving skills.
• Able to communicate complex risk matters clearly.
• Good report writing and presentation skills.
• Organized and able to manage competing priorities.
• Strong interpersonal and communication skills.
• High professional ethics and sound judgment.
• Understanding of risk governance frameworks.
• Ability to identify and assess risks.

Responsibilities

• Operate and support the enterprise risk management framework.
• Assist in the design and embedding of risk policies.
• Identify, assess, and quantify risk scenarios.
• Provide business-focused risk advice.
• Produce accurate and timely risk reports.
• Support the operational assurance frameworks.
• Promote a strong risk culture across functions.
• Maintain relationships with auditors and stakeholders.

Skills

Reasoning and problem-solving skills

Communication of complex risk matters

Report writing and presentation skills

Organizational skills

Interpersonal skills

Ethics and integrity

Understanding of risk governance

Ability to identify and assess risks

Education

Degree qualified or equivalent experience

Associated risk management practitioner qualifications

Job description

Overview

We\'re recruiting an Enterprise Risk and Assurance Analyst to strengthen our risk management capabilities. This role will play a key part in ensuring we maintain robust systems of assurance as we deliver on our Fit for the Future plan and prepare for the next stage of pooling reform. If you\'re passionate about risk management and want to contribute to the success of a leading UK pension pool, we\'d like to hear from you.

Responsibilities

• 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.

Qualifications

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

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight 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 £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.

Partner Funds

• 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

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.

Benefits

• 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
• Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
• 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