Risk Officer

Reed Talent Solutions; Bedford; Hybrid; GBP 43,000 - 53,000; Full time

Benefits offered by this job

Pension scheme – contributions matched

Interest-free loan for season tickets

Cycle to work Scheme

Subsidised eye tests & flu jabs

Give as you earn scheme

Employee assistance programme (EAP)

Enhanced family and sick pay

Paid volunteering (2 days a year)

Recognition Scheme

Discounts portal to numerous retailers

Job summary

Money and Pensions Service (MaPS) in Bedford is seeking a Risk Officer to support Risk Managers in analysing risks across the organisation. You will assist in risk mitigation, audit follow-ups, and maintaining risk registers while promoting best practices in risk management.

The role requires strong data analysis, Excel and Power BI skills, and a collaborative approach to work within a hybrid, Bedford-based environment.

Qualifications

• Experience supporting Risk Managers and Risk Leads.
• Familiarity with risk registers, internal audits and incident data inputs.
• Ability to analyse data and present insights to leadership.

Responsibilities

• Collaborate with risk owners to manage mitigation activities.
• Maintain and implement internal audit recommendations and findings.
• Coordinate regular reviews of risk registers across the organisation.
• Support business continuity planning and testing activities.
• Provide input into risk scoring frameworks and management reports.

Skills

Risk management

Data analysis

Communication

Collaboration

Problem solving

Tools

MS Excel

Power BI

Risk management software

Job description

Ready to make a real difference? Join us at the Money and Pensions Service (MaPS) as our Risk Officer. This is your chance to play a meaningful role in helping people across the UK build stronger financial futures and to do it as part of a supportive, energetic team.

Why this role matters?

The function of the role will be to support the Risk Managers and the Risk Leads in the effective management and analysis of functional / operational and change (projects and programme) risks across the organisation, contributing to the delivery of risk management activities and to provide support to the Corporate Director of Risk. This role will work closely with other members of the team and those across the organisation.

Key Responsibilities:

• Collaborate with risk owners to manage risk mitigation activities in response to organisational risks
• Maintain and assist implementation of internal audit report recommendations and findings
• Facilitate the regular review of local and centralised risk registers throughout the organisation
• Manage internal audit and incident data inputs facilitating the resolution of themes and issues
• Support the maintenance and coordination of Business Continuity Plans, including the monitoring of associated actions and escalation of issues where appropriate.
• Support the coordination and oversight of business continuity testing activities, including monitoring testing frequency and escalating gaps or issues where required.
• Act as a Subject Matter Expert (SME) within the organization for the promotion of best practice risk management in accordance with the Risk Management Approach
• Maintain key lines of communication and support with risk champions throughout the organization
• Promote the function of the 3 Lines of Defence risk model and act in the 2nd line function
• Foster a positive culture for dissemination of internal audit and incident analysis findings
• Support Risk Leads and Risk Managers in delivering risk workshops to organisational and functional stakeholders
• Mentor users in the use of the risk management software
• Provide input into the risk management and risk scoring frameworks to assure effective operation within the organization
• Provide input into and work within the policies developed within the Risk function.
• Manage data in analytical tools including MS Excel, Power BI and organisational risk management system to produce data insights
• Provide support to risk owners on management of risk registers and risk mitigation actions
• Conduct thematic reviews of data for trends, themes and emerging risks in the organization
• Provide input to Risk Leads and Risk Managers on the feasibility and risks in business cases
• Provide analysis and insights into reported incident themes and internal audit findings
• Provide input into Management and Board level reports including monthly, quarterly and annual reports
• Provide ad hoc reports to communicate content of risk registers and action progress towards achieving adherence to risk appetite
• Providing input into change, functional and strategic risk registers
• Report on internal audit outcomes and associated action completion at all levels
• Other reasonable duties as assigned by leadership

£48,000 per annum

Bedford

Permanent

Hybrid Working

About Us

The Money and Pensions Service (MaPS) is based in Bedford, in a recently renovated modern office. This is a wonderful opportunity for you to become an integral part of a dynamic organisation, working to help people across the UK.

At the heart of the Money and Pensions Service are our values – caring, connecting, and transforming, which are the foundation of our success. They permeate every area of our work and define all our business relationships and the way we work with each other. We’re not only looking for the best people to come and work for us, but we need people who align themselves with our values:

Caring

We care about our colleagues and the people whose lives we are here to transform.

Connecting

We will transform lives through our ability to make positive connections.

Transforming

We are committed to transforming lives and making a positive societal impact.

By fostering our values, we are immensely proud of the inclusive working environment that we have created. The diversity of our people is a strength that we embrace and wish to build upon, so we are committed to attracting people of all backgrounds. We work hard to ensure that we have a progressive approach to inclusion, equity, and belonging. We really do want our colleagues to “bring their whole selves to work.”

Our colleague and ally networks encompass LGBTQ+, neurodiversity, women’s health, men’s health, ethnicity, and diversity.

What We Offer

• Pension scheme – contributions matched 2 to 1 (up to 10% of your salary)
• Interest-free loan for season tickets for buses and trains
• Cycle to work Scheme
• Subsidised eye tests & flu jabs
• Give as you earn scheme
• Employee assistance programme (EAP)
• Enhanced family and sick pay
• Paid volunteering (2 days a year)
• Recognition Scheme
• Discounts portal to numerous retailers

Flexible Working

At MaPS, we take pride in our flexible approach to work. As standard, we work on a hybrid basis with a minimum of 2 days in the office per month. Hybrid working is a voluntary, non-contractual arrangement and our headquarters in Bedford will be your contractual place of work. The number of days that anyone will be able to work at home will be determined primarily by business needs, but personal and other relevant circumstances will also be considered. If you are successful, any opportunities for hybrid working, including whether a hybrid working arrangement is suitable for you, will be discussed with you prior to you taking up your post.

Career Development

In MaPS, we take career development seriously. We actively encourage and support applications from our existing MaPS colleagues. However, we do follow the Civil Service Commissioner recruitment principles, which means that you will be required to participate in a full, open, and fair process.

Personal attributes

• Excellent verbal and written communication skills
• Excellent soft skills, attention to detail with an enthusiastic, resilient and tenacious approach to work
• Strong team player with the ability to work independently to support team objectives

Reserve List

If you are successful at interview, we operate a reserve list where your details will be held for up to 6 months. Should a vacancy come available in that time with the same essential criteria, reserve list candidates will be offered that position with no further assessment required.

Job Reference: MaPS01266

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