Risk Management Lead (Debt Management)

Sopra Steria; Newcastle upon Tyne; On-site; GBP 54,000 - 66,000; Full time

Benefits offered by this job

£5,400 car allowance

25 days annual leave

private medical

life assurance

pension

generous flexible benefits fund

Job summary

Sopra Steria Financial Services is seeking a Risk Management Lead in Newcastle upon Tyne. The role focuses on developing and embedding the Risk Management Framework across a three-lines of defence setup, with hybrid onsite work.

You will lead risk governance, collaborate with internal audit and compliance, and drive improvements to customer outcomes while managing a Debt Management team. The position is full-time with SC clearance and a salary up to £60k.

Qualifications

• Experience with risk management in a financial services setting.
• Ability to analyse large data sets and present insights clearly.
• Strong stakeholder engagement and leadership capability.
• Familiarity with three lines of defence risk models and governance.
• Experience delivering risk frameworks, policies and controls.

Responsibilities

• Develop, review and coordinate the Risk Management strategy, policy and framework.
• Own governance within client operations and build trusted partner relationships.
• Implement and test controls, ensuring effective design and operation.
• Promote a customer-centric, can-do culture across the team.
• Motivate and coach the Debt Management team to meet KPIs and SLAs.
• Support governance with internal audit, compliance and legal teams.
• Uphold regulatory standards and ensure strong customer outcomes.
• Deepen relationships with Sopra Steria Financial Services clients.

Skills

RMF understanding

Operational risk

Data analysis

Customer focus

Stakeholder mgmt

People skills

Commercial awareness

Adaptability

Job description

Following the successful launch of Sopra Steria Financial Services, a regulated entity in 2021, the business continues to grow in size; with a particular focus on developing and building a collections-based business. The business itself has grown exponentially since its launch, now supporting both government and commercial based clients through a team of around 40 colleagues.

As a member of the wider Shared Services Risk Management team, you’ll support developing a culture which is both customer and outcome obsessed by defining, developing and delivering practices that drive positive outcomes.

You’ll play a key role in leading and supporting the implementation and strengthening of the Risk Management Framework (RMF) and supporting risk frameworks and policies.

You’ll play a key role in enhancing and enabling the overall service using:

• Industry and regulatory expertise in Risk Management / Risk Frameworks in order to:
• Maximise data (analytics, performance measures, external benchmarks) in order to;
• Maximise our operational efficiency (Risk monitoring and reporting) and;
• Improving customer experience (through feedback, insight into the products and propositions, and development of a customer journey focused RCSA) and then;
• Coordinating oversight of the required change (through pilots, projects and programmes)

You’ll already have experience in relation to Risk Management and be used to operating within three lines of defence model. Achieving key targets and KRI’s will be second nature to you, however our belief is that you’ll do this through developing and engaging teams in the right way, which is why you will also thrive on making things better not only for customers, but our colleagues working for us; ultimately striving to deliver top quartile employee engagement scores.

You will lead and manage the day-to-day focus on Risk Management ensuring the Risk Management Framework and supporting Risk frameworks and policies are embedded and consistently applied to systematically identify, measure, mitigate, report, monitor and manage the most significant risks. The Risk Management lead will also support the daily processes and activities that alert management about new issues and risks evolution while also managing the day-to-day operations and resources of the Risk Management team

This is a hybrid variable role requiring weekly onsite presence in our Newcastle Upon Tyne Office.

What you will be doing:

• Develop, review and coordinate implementation of the Risk Management strategy (including policy, standards and framework)
• Develop and own the account and risk governance framework within the Chennai operations.
• Build strong and purposeful relationships with key stakeholders across Sopra Steria and the client and assess best practise and become a trusted partner.
• Develop and implement control testing across all controls and ensure any improvement actions or newly identified controls are effectively designed, implemented and operating as intended.
• Be seen as a customer centric role model across the business, promoting the importance of a can-do attitude.
• Contribute to motivating, supporting, inspiring and coaching the Debt Management team to deliver exceptional levels of customer experience and performance, ensuring all KPI’s, Critical SLA’s and targets are achieved without compromise to quality and poor customer outcomes.
• Ensure we do the right thing by our client, customers and colleagues whilst ensuring we actively mitigate risk within the operation, measured through RCSA and periodic audits.
• Work with internal audit, compliance, legal and operational teams to strengthen governance as required, also ensuring any remediation.
• Ensure the spirit of regulation is upheld across the business and always promoting strong and fair customer outcomes are achieved.
• Support the deepening of relationships across NS&I and other Sopra Steria Financial Services clients.

What you’ll bring:

• Strong understanding of Risk Management Framework principles within a Financial Services organisation.
• Strong understanding of Operational Risk principles within a Financial Services organisation.
• Highly analytical with the ability to process and summarise large volumes of complex data from multiple sources and present it in an insightful and compelling way that enables decision making.
• Strong customer experience focus – able to develop and deliver step change in performance.
• Management of senior stakeholders in both a client and multi supplier model.
• People skills with the ability to engage, communicate and influence others.
• Commercially aware – understands the importance of balancing stakeholder/client/customer and business needs.
• Thrives in a fast paced and changing environment.
• Solution driven – always looks to provide solutions in an efficient and timely manner.

Employment Type

Full-time, Permanent

Location

Hybrid variable requiring some onsite presence in our Newcastle Upon Tyne office.

Security Clearance Level

SC clearance

Salary

Up to £60k depending on experience

Benefits

• £5,400 car allowance
• 25 days annual leave with the option to buy additional days
• private medical
• life assurance
• pension
• generous flexible benefits fund

Although this role is advertised as full-time, we believe that flexibility at work can promote work/life balance, increase your motivation, reduce stress and improves performance and productivity. We support different ways of working and can offer a range of flexible working arrangements.

Loved reading about this job and want to know more about us?

Our Specialist Private Sector team are experienced in a range of different markets including Banking, Insurance, Retail, Travel, Transport and Utilities. We help our customers develop, deliver and operationalise their digital transformation strategies. We work in true partnership with our customer, gaining a deep understanding of their business and technology issues.

Our capabilities and credentials across Private Sector markets enable the design, delivery and management of business transformation programmes. We help our clients respond to changing customer demands, keep ahead of the competition, and safeguard their systems from evolving business and technology risks.

We embrace difference as a source of creativity, innovation and competitive advantage and are striving to become a more diverse organisation. We welcome applications from people with a diverse variety of backgrounds and identities. We are committed to equality of opportunity for all and do not discriminate on the basis of race, religion, colour, gender, age, disability, sexual orientation or marital status. We have partnered with Vercida, the UK's largest diversity and inclusion focused careers site, where all our vacancies are available in an accessible format.