At a Glance
- Tasks: Lead risk management for Corporate Functions, ensuring alignment with strategic objectives.
- Company: Join a global team dedicated to proactive risk management across diverse cultures and capabilities.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be a strategic partner in shaping risk culture and driving continuous improvement within the organization.
- Qualifications: Experience in Non-Financial Risk, particularly in Corporate Functions, with strong communication skills required.
- Other info: Engage in training and workshops, contributing to a robust risk management framework.
The predicted salary is between 54000 - 84000 £ per year.
The Group Risk team is responsible for establishing the framework for the management of risks across the Group. The function acts as a close advisor to businesses and is engaged in all key strategic initiatives. They should be seen as a strategic partner with deep relationships that proactively identifies, escalates and supports management of risks.
A global function requires individuals to support teams across geographical locations, cultures and capabilities. Bringing our strengths to bear and being open to opportunities that develop both ourselves and the Group.
The role requires close alignment and coordination with Group Risk colleagues in both central teams (Frameworks, Policy, CEP, Tooling, Cyber, Sustainability, TPRM) and Coverage (Data and Analytics, Markets, Post Trade and Operations).
Scope
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Support the Divisional Risk Officer for the Corporate Functions to identify, assess, manage and monitor their risks.
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Coverage includes Corporate Functions excluding Operations and Corporate Affairs and Marketing.
Role Responsibilities & Key Accountabilities:
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Oversees the identification, analysis and monitoring of key drivers for non-financial risk in Corporate Functions and adopts a business partnering approach to providing advice, guidance and challenge
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Enables implementation of the Enterprise Risk Management Framework and its applicable elements defined by coverage area (e.g. Risk Assessments, Third Party Risk, Data Governance etc.) aligned with the Division’s key objectives
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Develops strong risk culture and promotes awareness of the Enterprise Risk Management Framework
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Ensures action is taken around risks outside of appetite within their specific area of coverage
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Oversight over ongoing control enhancement, issue remediation, communication and training across coverage areas
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Contributing to the collation and preparation of materials for risk reporting committees
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Identifying and reporting risks to relevant committees, key business partners and senior leaders, providing expert advice and guidance in all matters relating to risk management for relevant areas
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Encouraging best practice and continuous improvement and alignment with the Group Risk framework
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Maintaining positive relationships across all three lines of defence so that the risk framework has full endorsement from leadership and appropriately addresses their risk management needs
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Supporting the First Line team in delivering and maintaining the Risk and Control Assessment (RCA), whilst providing effective and robust review and challenge, ensuring effective risk remediation actions are identified to address control vulnerabilities
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Ensuring all risks identified as being near or outside appetite have high quality remediation plans which are monitored through the relevant governance forums
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Review and challenge of key controls and self identified and internal audit issues and findings, and providing recommendations to enhance, develop metrics and assess for effectiveness
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Attendance and participation in relevant risk committees, forums, project boards and workshops
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Delivery of training and workshops to key partners and employees as required
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Experience in Non-Financial Risk which have included coverage roles of Corporate Functions, specifically with experience of covering Finance.
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Excellent communication skills and highly collaborative across the Group, with a global view on problem solving, stakeholder management
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Inputs into selection of KPIs and objectives and ensures alignment with the broader Group risk strategy
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Ability to operate deep dives and analysis on key programs, providing valuable insight on key risks.
Senior Risk Manager - Corporate Functions employer: Refinitiv
Contact Detail:
Refinitiv Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager - Corporate Functions
✨Tip Number 1
Familiarize yourself with the Enterprise Risk Management Framework and its key components. Understanding how this framework applies to Corporate Functions will help you demonstrate your strategic alignment with the role during discussions.
✨Tip Number 2
Network with professionals in the risk management field, especially those who have experience in non-financial risk. Building relationships can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on current trends and challenges in risk management, particularly in corporate functions. Being knowledgeable about industry developments will allow you to engage in meaningful conversations during interviews.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed risks in previous roles. Highlighting your experience with risk assessments and remediation plans will showcase your capability to handle the responsibilities of this position.
We think you need these skills to ace Senior Risk Manager - Corporate Functions
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Risk Manager position. Understand the key responsibilities and required skills, especially around non-financial risk management and business partnering.
Tailor Your CV: Customize your CV to highlight relevant experience in risk management, particularly in corporate functions. Emphasize your ability to identify, assess, and manage risks, as well as your experience in stakeholder management and communication.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Enterprise Risk Management Framework and your experience in developing a strong risk culture. Use specific examples from your past roles to demonstrate your expertise and alignment with the company's objectives.
Highlight Collaborative Skills: In both your CV and cover letter, emphasize your collaborative approach and ability to work across geographical locations and cultures. Provide examples of how you've successfully partnered with different teams to manage risks effectively.
How to prepare for a job interview at Refinitiv
✨Understand the Enterprise Risk Management Framework
Make sure you have a solid grasp of the Enterprise Risk Management Framework and its elements. Be prepared to discuss how you would implement this framework in the context of Corporate Functions and provide examples from your past experiences.
✨Showcase Your Business Partnering Skills
Highlight your ability to adopt a business partnering approach. Prepare examples where you've successfully collaborated with different teams to identify and manage risks, demonstrating your strategic partnership capabilities.
✨Demonstrate Strong Communication Skills
Since excellent communication is key for this role, practice articulating complex risk concepts clearly and concisely. Be ready to explain how you would communicate risk management strategies to various stakeholders across geographical locations.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in risk management. Think of specific situations where you identified risks, developed remediation plans, and engaged with leadership to address those risks effectively.