At a Glance
- Tasks: Lead the enterprise risk management framework and oversee risk incident processes.
- Company: Join a growing financial services provider making waves in the bulk annuity market.
- Benefits: Enjoy a competitive salary, flexible working options, and a supportive team culture.
- Why this job: Make a real impact on risk governance while developing your skills in a dynamic environment.
- Qualifications: Background in financial services with knowledge of risk frameworks and effective communication skills.
- Other info: Office-based role with flexibility; ideally 4 days in-office for collaboration.
The predicted salary is between 42000 - 84000 Β£ per year.
An established and growing financial services provider is seeking an Enterprise Risk Manager to join its second line risk function. The role offers a fantastic opportunity to influence and mature the enterprise risk management framework during a key period of growth, following entry into the bulk annuity market.
Reporting to the Chief Risk Officer, the successful candidate will play a central role in strengthening the companyβs operational and enterprise risk oversight capabilities, enhancing MI and system usage, and supporting business-wide risk governance.
Key Responsibilities- ERM Framework & Policy
- Support the development, documentation, and delivery of the enterprise risk management framework.
- Act as the second line lead on the risk system (e.g., RiskConnect), ensuring effective usage and reporting.
- Maintain and update risk policies in line with group standards, ensuring accessibility across the organisation.
- Risk Incident & RCSA Oversight
- Oversee the risk incident management process, including action tracking and root cause analysis.
- Deliver regular MI on incidents and RCSA results to governance committees.
- Conduct quality assurance over the RCSA process and evaluate business unit action plans.
- Second Line Oversight
- Review and challenge strategic, commercial, and change proposals.
- Provide oversight of third-party risk management carried out by the first line.
- Conduct risk assessments and deep dives across key areas of operational and customer-related risk.
- Support the CRO in the ongoing maintenance of the risk appetite framework and identification of emerging risks.
- Risk Reporting & ORSA
- Develop and deliver high-quality risk MI, working with stakeholders to validate data and ensure insight.
- Contribute to the review and monitoring of risk appetites, stress scenarios, and key metrics.
- Assist in the planning and drafting of the ORSA Report, coordinating input and providing supporting analysis.
- Risk Culture & Training
- Identify and support delivery of risk training across the business.
- Promote strong risk culture and awareness throughout the organisation.
- Background in financial services β ideally life, pensions, or insurance.
- Strong working knowledge of operational and enterprise risk frameworks.
- Experience with RCSA, incident management, and root cause analysis.
- Familiarity with risk systems (e.g., RiskConnect) and developing risk MI/reporting.
- Effective communicator with the ability to work across all levels of the business.
- Self-motivated, well-organised, and able to work independently in a fast-paced environment.
- Experience in a second line risk function.
- Knowledge of ORSA and risk appetite frameworks.
- Experience contributing to risk governance and board reporting.
- Contractually office-based, with flexibility depending on location and seniority.
- Ideally 4 days per week in-office.
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Enterprise Risk Manager (,, United Kingdom)
β¨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in risk management. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in enterprise risk.
β¨Tip Number 2
Familiarise yourself with the specific risk systems mentioned in the job description, such as RiskConnect. Consider taking online courses or tutorials to enhance your understanding and demonstrate your commitment to mastering these tools.
β¨Tip Number 3
Prepare for interviews by reviewing common risk management scenarios and case studies. Be ready to discuss how you would approach risk assessments and incident management, showcasing your analytical skills and strategic thinking.
β¨Tip Number 4
Stay updated on regulatory changes and best practices in enterprise risk management. This knowledge will not only help you in interviews but also show that you are proactive and well-informed about the industry.
We think you need these skills to ace Enterprise Risk Manager (,, United Kingdom)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in financial services, particularly in risk management. Emphasise your familiarity with operational and enterprise risk frameworks, as well as any specific tools like RiskConnect.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities of the Enterprise Risk Manager position, particularly your experience with RCSA and incident management.
Highlight Key Skills: Clearly outline your skills in risk assessment, governance, and reporting. Mention your ability to communicate effectively across all levels of an organisation, as this is crucial for the role.
Showcase Your Achievements: Include specific examples of past achievements related to risk management. This could be successful projects you've led or improvements you've made in risk oversight processes that demonstrate your capability to influence and mature risk frameworks.
How to prepare for a job interview at Placed
β¨Understand the Enterprise Risk Management Framework
Make sure you have a solid grasp of enterprise risk management frameworks, especially in the context of financial services. Be prepared to discuss how you would support the development and delivery of such frameworks, as this is a key responsibility of the role.
β¨Familiarise Yourself with Risk Systems
Since the role involves using risk systems like RiskConnect, itβs crucial to demonstrate your familiarity with these tools. If you have experience with similar systems, be ready to share specific examples of how you've used them to enhance risk reporting and oversight.
β¨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to handle risk incidents and conduct root cause analysis. Think of past experiences where you successfully managed risk incidents and be ready to explain your thought process and actions taken.
β¨Showcase Your Communication Skills
As an Enterprise Risk Manager, effective communication is vital. Prepare to discuss how youβve communicated complex risk information to various stakeholders. Highlight any experience you have in promoting a strong risk culture within an organisation.