Head of Enterprise Risk: Shape Governance & Resilience

Northern LGPS; Manchester; Hybrid; GBP 90,000 - 150,000; Full time

Job summary

Northern LGPS is seeking a senior leader to shape enterprise risk across the organisation and to report to the Chief Risk and Compliance Officer. The role drives the design and embedding of risk management, governance and resilience across the partnership, with close collaboration to the executive, regulators and partner funds.

The successful candidate will oversee risk oversight, policy development, risk appetite, ICARA, IFPR compliance and management reporting, while building a high-performing

Responsibilities

• Design, implement and continually enhance an enterprise risk management framework aligned with business strategy, governance, policies, risk taxonomy, risk appetite and regulatory requirements.
• Establish and maintain the policies, procedures and governance structures needed to support effective risk management across Northern.
• Provide second-line support to management in identifying, assessing and prioritising enterprise-level strategic, operational, financial and compliance risks.
• Develop effective tools and systems for monitoring risk exposures and delivering timely, insightful reporting to executive management, risk committees and the Board.
• Support the Chief Risk and Compliance Officer in developing risk appetite, tolerance thresholds and early warning indicators, monitoring adherence and escalating breaches where required.
• Work closely with the Head of Investment Risk and Investment Risk team to bring together enterprise and investment risk perspectives, supporting a holistic view of vulnerabilities and opportunities.
• Collaborate across Finance, Operations, Compliance and Legal to embed effective risk management practices into business processes and provide expert advice on risk and mitigation strategies.
• Contribute to Northern’s Internal Capital Adequacy and Risk Assessment (ICARA) process, supporting adherence to the Investment Firms Prudential Regime (IFPR), Operational Resilience requirements and the Risk and Control Self-Assessment (RCSA) process.
• Produce high-quality risk management information, analytics and dashboards that clearly communicate key exposures, emerging risks and management actions.
• Maintain an effective risk governance calendar and committee cadence, helping ensure papers, records and supporting documentation are accurate and of a high standard.
• Support prudential assessments relating to enterprise risk, including stress scenarios and wind-down considerations.
• Oversee risk governance processes, including risk committees and audit reviews, and facilitate risk workshops and training.
• Promote a strong risk culture across Northern, helping the first line understand its risk responsibilities through effective communication, engagement and support.
• Lead and develop the enterprise risk team, setting objectives and performance indicators and fostering collaboration, innovation and continuous improvement.
• Ensure effective aggregation and second-line oversight of risk management information to support robust organisational decision-making.

Job description

Northern LGPS is seeking a senior leader to shape enterprise risk across the organisation and to report to the Chief Risk and Compliance Officer. The role drives the design and embedding of risk management, governance and resilience across the partnership, with close collaboration to the executive, regulators and partner funds.

The successful candidate will oversee risk oversight, policy development, risk appetite, ICARA, IFPR compliance and management reporting, while building a high-performing