Risk Management and Business Continuity Lead in Edinburgh

The Institute and Faculty of Actuaries (IFoA) is the UK's chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. The IFoA regulates and represents over 34,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members. We are currently recruiting a Risk Management and Business Continuity Lead for a Permanent contract. This role is hybrid, both working from home and in our Oxford or Edinburgh hub. We encourage our colleagues to work flexibly between home and the hub to suit their needs and preferences, in line with our hybrid working policy. Colleagues are able to work their hours flexibly, in line with core business hours and requirements. We also offer formalised flexible working agreements. The starting salary is £67,830.

Responsibilities

• Support the Head of Legal and Risk in the continued development and implementation of the IFoA risk management framework.
• Oversee the implementation of a robust risk, compliance and control framework.
• Responsible for the development and implementation of risk management policies and processes, including the identification and classification of risks, impact and probability assessment, and mitigation planning.
• Accountable for the development, delivery and maintenance of regular reporting of all risks at all levels across the organisation.
• Provide assurance on the effectiveness of risk controls and mitigation strategies.
• Responsible for the development and implementation of business continuity policies and processes, including conducting business impact analyses, working with the business to develop contingency, crisis management and emergency response plans.
• Overseeing incident response management.
• Ensuring business continuity plans meet legal and regulatory requirements.
• Provide risk and business continuity expertise, guidance, advice and support across the business.
• Developing and implementing staff induction, training and awareness programmes in relation to the risk management and business continuity processes.
• Facilitate risk workshops at all levels across the organisation and facilitate a positive risk culture that supports innovation and resilience.

Qualifications & Experience

• A detailed knowledge of the tools and techniques of risk management and business continuity planning.
• Relevant qualification in risk management or equivalence through proven experience.
• Experience of leading risk management and business continuity processes at a senior level within a complex organisation.
• Understanding of professional membership and regulatory organisations.
• Excellent relationship management skills.
• Strong analytical and critical thinking ability, able to draw together information from a number of sources and bring a strategic perspective.

The IFoA encourages applicants from a variety of backgrounds and experience and welcomes diversity with regard not only to protected characteristics but also diversity of thought. Diversity, equity and inclusion are more than just words for us. That’s why we are committed to creating a culture where everyone feels included and respected, and where no one is unfairly discriminated against. Consequently, we promote diversity, equity and inclusion in all our policies, practices and procedures, and actively encourage applications from a diverse range of potential candidates. All applications for our roles are considered on merit alone, and if you don’t meet all the criteria but believe you have something to offer, we want to hear from you.