Risk Executive

Opus People Solutions Ltd; Ipswich; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

8% employer pension contribution

Private medical insurance

Life assurance

25 days holiday plus bank holidays

Yearly profit share

Qualifications funded

Great company culture

Job summary

A well-respected firm in Ipswich is seeking an experienced Risk Executive to join their team. The role involves oversight of the Firm's Enterprise Risk Management Framework and preparation of management information reports. Candidates should have at least 3 years of experience in a risk management role within the Financial Services Industry and relevant qualifications such as CISI or CII. The position offers excellent benefits including an 8% employer pension contribution, private medical insurance, and hybrid working arrangements.

Qualifications

• At least 3 years experience in a Risk Management role in the Financial Services Industry.
• An understanding of the UK Financial Services Regulatory Environment.
• Qualifications such as CISI or CII or similar.

Responsibilities

• Oversight of the Firm's Enterprise Risk Management Framework.
• Maintenance of the Firm's Risk Appetite Statement and risk-related policies.
• Preparation of regular MI reporting for governance forums.
• Challenge top risks and monitor risk events and trends.
• Prepare MI reports for governance forums and senior management.
• Provide monthly and quarterly risk reporting to committees.

Skills

Risk Management

Excel

Initiative

Education

CISI, CII or similar qualifications

Tools

Excel

Job description

Our client is a well respected and award winning firm located in Ipswich. They are seeking an experienced Risk Executive to join their team. The Risk Oversight Department acts as the Firm’s second line risk function, providing oversight of the risk management framework and how key risks are managed and mitigated.

On offer is exceptional pension of 8% employer contribution, private medical, life assurance, 25 days plus BH, yearly profit share, hybrid working, qualifications funded, great company culture where people genuinley enjoy where they work & much more

If you have a background in Risk, this might be the role for you...

• Oversight and challenge of the Firm’s Enterprise Risk Management Framework
• Maintenance of the Firm’s Risk Appetite Statement, risk related policies and frameworks
• Supervising and supporting the Firm’s Cross-cutting Risk & Control Self-Assessments (RCSAs) for Top Risks to assist with Firm’s ICARA process
• Oversight and challenge of the Firm’s RCSAs for business area risks Monitoring
• Risk based approach to monitoring the top risks of the business
• Monitoring of Risk Event trends and outcomes
• Monitoring of the firm’s PA dealing prior approval process
• Sample monitoring of outsourced activities, including transaction reporting
• Following up on monitoring findings and escalating and reporting adverse findings through the relevant channels Reporting
• Preparation of regular MI reporting for governance forums, committees and Senior Management as required
• Monthly monitoring reporting to the Risk & Compliance Forum
• Quarterly Top Risks reporting to the Audit & Risk Committee

Requirements:

• The successful candidate should have at least 3 years experience, in a Risk Management role in the Financial Services Industry
• An understanding of the UK Financial Services Regulatory Environment
• Relevant financial services industry qualifications, e.g. CISI, CII or similar
• Good working knowledge of Excel
• The ability to work unaided and to use initiative when the need arises.