Senior Manager, Risk

Senior Manager, Risk

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead risk strategy and analysis, influencing key decision-makers at Burberry.
  • Company: Join Burberry, a creative luxury brand committed to sustainability and community impact.
  • Benefits: Enjoy a dynamic work environment with opportunities for innovation and professional growth.
  • Why this job: Be part of a purposeful team shaping the future of risk management in a prestigious company.
  • Qualifications: Degree in a risk-related field and 3+ years of experience in risk management required.
  • Other info: Burberry values diversity and is an equal opportunities employer.

The predicted salary is between 43200 - 72000 £ per year.

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

Our Risk function is maturing, responding to increased and more sophisticated business risk assessment requirements driven by external market volatility and the company's growth ambitions. As the Senior Risk Manager in the Group Risk team you will oversee Group risk appetite, principal risks, related tolerances and controls through risk analysis based on market information and internal insight. Also, engage with and influence strategic decision-makers, including the Executive Committee, and present key risk updates to the Risk Committee and Audit Committee.

KEY RESPONSIBILITIES

  • Shape and define risk strategy in collaboration with Executive leadership, ensuring alignment with strategic objectives for disclosure in Risk Committee, Audit Committee, and Board meetings, as well as external reporting in the Annual Report and Interim Disclosure.
  • Lead updates and monitoring of the Group's Principal Risks, ensuring alignment with strategic objectives for disclosure in Risk Committee, Audit Committee, and Board meetings, as well as external reporting in the Annual Report and Interim Disclosure.
  • Lead risk discussions with business leaders, mapping out the risk landscape and quantifying net risk through assessments of current control effectiveness and maturity.
  • Lead quantitative and qualitative analyses to generate insights and recommendations that influence decision-makers, including Executive Committee members, the Risk Committee, and the Audit Committee.
  • Represent Group Risk at the Risk Committee, presenting analysis, key challenges, and strategic recommendations to strengthen Burberry's risk management approach.
  • Work closely with SVP of Internal Audit & Risk and Director of Risk, preparing reports and committee papers, taking ownership of key sections to influence business decisions.
  • Project lead the development of the UK Corporate Governance Code (Provision 29), driving forward compliance and operational risk elements to ensure adherence to regulatory requirements and best practices.

Process Improvement & Innovation

  • Oversee the creation and rollout of new risk management processes, supporting the introduction of a new risk platform and framework enhancements.
  • Lead training efforts and change management initiatives ensuring effective adoption of updated risk methodologies.
  • Drive innovation in Burberry's risk and control practices, implementing improvements in policy, reporting, governance, and supporting systems.

Stakeholder Engagement & Influence

  • Strengthen relationships with internal and external stakeholders, leveraging risk insights to influence leadership decisions.
  • Lead risk/value reviews and provide expert guidance on the use of risk platforms, ensuring alignment with business objectives.
  • Assist in coordinating risk-related initiatives across multiple areas, including business continuity and insurance, maintaining a consistent and effective approach across the organisation.

Strategic Contribution

  • Act as a key advisor on risk-related incidents, supporting business continuity efforts and remediation strategies.
  • Deputise for the Director of Risk, assisting in analysis, decision-making, and incident management.
  • Driving strategic improvements within the Risk and Audit function while making a broader contribution to the wider finance community.

PERSONAL PROFILE

  • Presentation skills at Executive Level and Board / Risk Committee level.
  • Detailed and comprehensive experience in risk management and reporting.
  • Degree level qualification in technical, risk related subject.
  • Minimum of 3 years post graduate experience in a risk management role.
  • Risk or GRC qualification.

Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.

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Contact Detail:

Burberry Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Manager, Risk

✨Tip Number 1

Familiarise yourself with Burberry's core values and mission. Understanding their commitment to creativity and sustainability will help you align your responses during interviews, showcasing how your experience in risk management can contribute to their goals.

✨Tip Number 2

Network with professionals in the risk management field, especially those who have experience in luxury brands or similar industries. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations for the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've influenced strategic decision-making in previous roles. Highlighting your ability to present complex risk analyses to executive teams will demonstrate your readiness for the Senior Manager position.

✨Tip Number 4

Stay updated on current trends in risk management and corporate governance, particularly in relation to the UK Corporate Governance Code. This knowledge will not only prepare you for potential interview questions but also show your proactive approach to the role.

We think you need these skills to ace Senior Manager, Risk

Risk Management
Strategic Planning
Quantitative Analysis
Qualitative Analysis
Stakeholder Engagement
Presentation Skills
Project Management
Regulatory Compliance
Process Improvement
Change Management
Data Analysis
Communication Skills
Leadership Skills
Problem-Solving Skills
Corporate Governance

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Senior Manager, Risk position at Burberry. Tailor your application to highlight relevant experience in risk management and strategic decision-making.

Craft a Compelling CV: Your CV should clearly outline your experience in risk management, including specific examples of how you've shaped risk strategies or influenced decision-makers. Use quantifiable achievements to demonstrate your impact in previous roles.

Write a Strong Cover Letter: In your cover letter, express your passion for risk management and how it aligns with Burberry's values. Highlight your ability to engage with stakeholders and present complex information clearly, as these are key aspects of the role.

Showcase Relevant Qualifications: Make sure to mention any relevant qualifications, such as a degree in a technical or risk-related subject and any certifications in risk management. This will strengthen your application and show that you meet the personal profile outlined by Burberry.

How to prepare for a job interview at Burberry

✨Understand Burberry's Values

Before your interview, make sure you understand Burberry's core values and how they relate to creativity and sustainability. Be prepared to discuss how your personal values align with theirs and how you can contribute to their mission.

✨Showcase Your Risk Management Expertise

Highlight your experience in risk management, particularly in relation to strategic decision-making. Prepare examples of how you've successfully influenced leadership decisions through risk analysis and reporting.

✨Prepare for Executive-Level Discussions

Since the role involves presenting to the Executive Committee and Risk Committee, practice articulating complex risk concepts clearly and concisely. Use real-world examples to demonstrate your ability to communicate effectively at a high level.

✨Demonstrate Stakeholder Engagement Skills

Be ready to discuss how you've built relationships with internal and external stakeholders in previous roles. Share specific instances where your insights have led to improved decision-making or risk management practices.

Senior Manager, Risk
Burberry
B
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