Head of Risk & Assurance

London – City (Hybrid)

Full-time, permanent

Salary: £65-75k per annum

About the company

The CII’s vision is for the CII and PFS professionals to build a better world where people have greater financial resilience. Our members make a significant contribution to ensuring that more people are financially resilient, especially in the fast-changing world we live in.

When we talk about financial resilience, we are talking about the ability to weather those unexpected storms that life throws at us from time to time, as well as the ability to recover more quickly. By assisting in the provision of robust finances, our members provide a sense of security and confidence about the future, ultimately creating a better world.

Over the next five years we will see increasing uncertainty as global growth loses its momentum, inflation broadens out and persists, and geopolitics become more fraught. All of these will contribute to reduce financial resilience especially to the most vulnerable in society.

Our vision is based on three key elements – our community of members across the world, the competence of today’s highly skilled insurance and financial planners and confidence that the public has in the CII’s professional standards.

We are a not-for-profit organisation with a defined societal purpose, but we also need to earn our own living. Therefore, we need to be authentic as a credible professional body and as a commercially effective organisation by providing value for money for our members and customers through our products, processes, and services.

With over 122,000 members across the UK and Internationally we are committed to the professionalism of the Sector by raising technical competence through qualifications and maintaining a lifetime commitment to ongoing continuing professional development. All members are bound by the CII’s published Code of Ethics. Many of our members engage locally and professionally with one of the 52 Institutes across the UK, 5 Societies (Personal Finance, Mortgage, Insurance Broking, Claims, Underwriting) or internationally with our affiliated Institutes.

About the role

This role is a key part of the Risk and Assurance Team whose purpose is to embed a risk-based approach to good management in the CII Group and to ensure that the Institute complies with the regulatory and legal frameworks in which it operates.

Under the direction of the General Counsel, and with the support of the Risk and Assurance Officer, you will:

• Lead on embedding the risk management strategy, policy and implementation;
• Carry out risk event/incident management;
• Manage our risk management system (Granite);
• Oversee our insurance policies programme;
• Manage business continuity planning;
• Establish an internal audit framework, among other responsibilities.

What we are looking for

You will have a degree-level qualification, extensive experience dealing with risk and compliance issues gained through working for a corporate entity within the UK and internationally, a professional body, regulator, educational institution or other relevant organisation. You will have demonstrated success in developing programmes and strategies to tackle risk and compliance issues faced by an organisation. You are likely to be a member of the Institute of Risk Management or similar body.

You will have strong communication skills, be highly self-motivated and have excellent attention to detail. You will be able work at speed and be an instigator of positive change. You will be able to build positive relationships with colleagues across the CII and with senior stakeholders. You will have the confidence to take a lead in meetings, deliver presentations.

This is a leadership role operating at a ‘Head of’ level, contributing to organisational decision-making as a member of the Senior Leadership Team.

Whilst this role is a senior appointment you must have operational capability to influence and instil a passion for risk across the organisation ensuring that the Senior Leadership Team is effective at identifying and managing risks within their parts of the organisation.

Your benefits

In addition to a market-benchmarked base salary, here are some of the benefits you can expect from CII as a valued colleague:

• 10% non-contributory pension
• 30 days annual leave + bank holidays
• Healthcare cash plan
• Genuinely flexible, hybrid working
• Life assurance
• Modern office space located in 20 Fenchurch Street (Walkie-Talkie) with free Sky Garden access and discounts

Next steps

If you would like to explore this opportunity with us for the next step in your career, we look forward to receiving your application through the Apply feature at the top of this advert.

If you have any queries or require assistance, please get in touch on ukjobs@cii.co.uk and we will endeavour to come back to you as soon as possible.