Enterprise Risk Manager

ZipRecruiter; Greater London; On-site; GBP 60,000 - 70,000; Full time

Job summary

A leading financial services provider in Buckinghamshire is looking for an Enterprise Risk Manager to enhance its risk management framework during a growth phase. The position involves operational oversight, risk governance, and fostering a strong risk culture across the organization.

Qualifications

• Background in financial services, ideally life or pensions.
• Strong working knowledge of operational and enterprise risk frameworks.
• Self-motivated and able to work independently.

Responsibilities

• Develop and maintain the enterprise risk management framework.
• Oversee risk incident management and conduct root cause analysis.
• Produce high-quality risk MI and assist in ORSA report.

Skills

Operational risk frameworks

Enterprise risk frameworks

RCSA

Incident management

Root cause analysis

Effective communication

Tools

RiskConnect

Job description

Job Description

Enterprise Risk Manager

Location: Buckinghamshire

Salary: Up to £70,000 + Benefits

Type: Permanent, Full-time

Sector: Financial Services / Life & Pensions

Overview

An established and growing financial services provider is seeking an Enterprise Risk Manager to join its second line risk function. The role offers a fantastic opportunity to influence and mature the enterprise risk management framework during a key period of growth, following entry into the bulk annuity market.

Reporting to the Chief Risk Officer, the successful candidate will play a central role in strengthening the company’s operational and enterprise risk oversight capabilities, enhancing MI and system usage, and supporting business-wide risk governance.

Key Responsibilities

ERM Framework & Policy

• Support the development, documentation, and delivery of the enterprise risk management framework.
• Act as the second line lead on the risk system (e.g., RiskConnect), ensuring effective usage and reporting.
• Maintain and update risk policies in line with group standards, ensuring accessibility across the organisation.

• Risk Incident & RCSA Oversight

  • Oversee the risk incident management process, including action tracking and root cause analysis.
  • Deliver regular MI on incidents and RCSA results to governance committees.
  • Conduct quality assurance over the RCSA process and evaluate business unit action plans.

  Second Line Oversight

  • Review and challenge strategic, commercial, and change proposals.
  • Provide oversight of third-party risk management carried out by the first line.
  • Conduct risk assessments and deep dives across key areas of operational and customer-related risk.
  • Support the CRO in the ongoing maintenance of the risk appetite framework and identification of emerging risks.

  Risk Reporting & ORSA

  • Develop and deliver high-quality risk MI, working with stakeholders to validate data and ensure insight.
  • Contribute to the review and monitoring of risk appetites, stress scenarios, and key metrics.
  • Assist in the planning and drafting of the ORSA Report, coordinating input and providing supporting analysis.

  Risk Culture & Training

  • Identify and support delivery of risk training across the business.
  • Promote strong risk culture and awareness throughout the organisation.

  Essential Experience & Skills

  • Background in financial services – ideally life, pensions, or insurance.
  • Strong working knowledge of operational and enterprise risk frameworks.
  • Experience with RCSA, incident management, and root cause analysis.
  • Familiarity with risk systems (e.g., RiskConnect) and developing risk MI/reporting.
  • Effective communicator with the ability to work across all levels of the business.
  • Self-motivated, well-organised, and able to work independently in a fast-paced environment.

  Desirable

  • Experience in a second line risk function.
  • Knowledge of ORSA and risk appetite frameworks.
  • Experience contributing to risk governance and board reporting.

  Working Environment

  • Contractually office-based, with flexibility depending on location and seniority.
  • Ideally 4 days per week in-office.