At a Glance
- Tasks: Lead enterprise risk management initiatives and enhance decision-making processes.
- Company: Join the Jersey Financial Services Commission, a key player in international finance.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Why this job: Make a real impact on Jersey's reputation as a leading financial centre.
- Qualifications: Experience in enterprise risk management and strong analytical skills required.
- Other info: Be part of a passionate team dedicated to excellence and integrity.
The predicted salary is between 36000 - 60000 £ per year.
We supervise the island's financial services industry for compliance with both conduct and prudential requirements, and under the anti-money laundering (AML), countering financing of terrorism (CFT), and countering proliferation financing (CPF) framework. The JFSC is one of the few regulators globally to benefit from the Regulator and the entity Registrar operating under a single financial services commission.
The Risk & Legal division comprises Enterprise Risk Management, Regulatory Risk and Legal professionals. Collectively the team provides trusted advice and risk stewardship to the JFSC, helping to mitigate risk and maximise opportunities for the organisation to meet its strategic objectives.
The Enterprise Risk (ERM) team identifies, assesses, and monitors risks that could impact the JFSC's strategic and operational objectives. The ERM team incorporates data protection, business continuity and assurance, and works across all divisions of the JFSC to undertake analysis and provide guidance to senior leadership that informs risk-based decision-making and prioritisation. The team also helps to develop frameworks, policies and controls that ensure risks are effectively managed across the organisation.
The successful candidate will join the JFSC at a key stage in its development, as it seeks to play an enhanced role in the continued success of Jersey as a highly regarded International Financial Centre. The candidate will be accountable for delivering the following outcomes:
- Advance and embed the JFSC's ERM framework, ensuring it continues to mature and drive meaningful organisational values.
- Build strong stakeholder relationships and improve understanding of line responsibilities in risk management across the organisation.
- Translate ERM data into high-quality, insightful reporting to both the JFSC's Executive and Board of Commissioners.
- Facilitate effective Risk and Control Self-Assessments (RCSA), Control Testing and Root Cause Analysis of Incidents & Issues, constructively challenging others where appropriate.
The Enterprise Risk Manager helps to strengthen the JFSC's ability to deliver on its statutory objectives and strategic ambitions by embedding and developing effective, proportionate and forward-looking enterprise risk management across the organisation. The role enhances decision-making and prioritisation by providing the Executive and Board with high-quality, insightful risk analysis and reporting. By translating complex risk data into clear, usable intelligence, the role ensures that leadership can confidently set priorities, allocate resources, and respond proactively to emerging risks that could affect the JFSC's objectives or Jersey's reputation as an international financial centre.
Success looks like providing clear, credible risk insight that enables confident decision-making and keeps the organisation within its risk appetite. Enterprise risks are well-defined and actively managed, supported by proactive risk practices, effective controls, and meaningful KRIs that inform day-to-day decisions. Governance processes run smoothly and efficiently, with risk committees receiving concise, decision-ready information, and actions, incidents, and issues progressing in a timely manner. Colleagues across the JFSC feel positively engaged with risk, viewing it as an enabler, and they proactively seek guidance from the ERM team as a trusted partner. Risk issues and incidents are surfaced and addressed quickly, with a strong emphasis on understanding root causes, enhancing controls, and driving better outcomes across the organisation. A healthy risk culture is embedded, where ownership of risk sits naturally within the business, and risk appetite helps guide both strategic and operational decisions. Commissioners and senior stakeholders can take assurance from the strength and maturity of the organisation's overall risk and control environment.
The ideal candidate will bring solid experience in managing enterprise risk management (ERM) activities, including risks, controls, issues, and incident management. They will possess strong analytical skills, with the ability to interpret complex risk information and translate it into clear, actionable insights. With a naturally curious mindset, they will be confident in constructively challenging assumptions and practices to drive continuous improvement. They will demonstrate a strong sense of ownership, self-motivation, and excellent communication and influencing skills, enabling effective collaboration across all levels. A strategic and proactive approach to work is essential, along with the ability to build positive working relationships. Experience with the Data Protection (Jersey) Law 2018 or willingness to undertake relevant training or qualifications is desirable.
Working in the JFSC will enable you to join a team of people who have purpose, passion, and pride. It offers the opportunity to work alongside people who are passionate about maintaining Jersey's position as a leading International Finance Centre with high regulatory standards. This clarity on our purpose is incredibly motivating and we leverage our core values of: Excellence, Professionalism, Respect, Integrity, and Teamwork to deliver our work. Our people are proud of their work and their contribution to Jersey. If you are looking to make a difference, have a unique working experience and contribute to a bigger picture, then think JFSC; a diverse team of people who put their hearts and minds into what they do and have some fun along the way!
Enterprise Risk Manager employer: Jersey Financial Services Commission
Contact Detail:
Jersey Financial Services Commission Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Risk Manager
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Enterprise Risk Manager role.
✨Tip Number 2
Prepare for those interviews! Research the JFSC inside out, understand their risk management framework, and think about how your experience aligns with their needs. Practice answering common interview questions to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work that demonstrate your analytical abilities and risk management expertise. Use real-life scenarios to illustrate how you've tackled challenges in the past.
✨Tip Number 4
Don’t forget to follow up! After your interview, shoot a thank-you email to express your appreciation for the opportunity. It’s a great way to keep yourself on their radar and show your enthusiasm for the role.
We think you need these skills to ace Enterprise Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Enterprise Risk Manager role. Highlight your experience in enterprise risk management and how it aligns with the JFSC's objectives. We want to see how you can add value!
Showcase Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from sharing examples of how you've interpreted complex data in the past. We love seeing how you can turn numbers into actionable insights that drive decision-making.
Emphasise Communication and Collaboration: The ability to build relationships is key in this role. Share instances where you've successfully collaborated with stakeholders or influenced decisions. We’re looking for someone who can engage with colleagues across all levels!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you're keen on joining our team at the JFSC!
How to prepare for a job interview at Jersey Financial Services Commission
✨Know Your ERM Framework
Before the interview, make sure you have a solid understanding of enterprise risk management frameworks. Familiarise yourself with how they apply to the financial services sector, especially in relation to compliance and regulatory requirements. This will help you demonstrate your expertise and show that you're ready to contribute from day one.
✨Prepare Insightful Questions
Think about the challenges the JFSC might face in risk management and prepare thoughtful questions to ask during the interview. This shows your proactive mindset and genuine interest in the role. For example, you could ask about their current strategies for embedding a healthy risk culture across the organisation.
✨Showcase Your Analytical Skills
Be ready to discuss specific examples where you've successfully interpreted complex risk data and translated it into actionable insights. Use the STAR method (Situation, Task, Action, Result) to structure your responses, making it easier for the interviewers to see your thought process and impact.
✨Emphasise Collaboration and Communication
Since building strong stakeholder relationships is key for this role, highlight your experience in collaborating with different teams. Share examples of how you've effectively communicated risk insights to non-technical stakeholders, ensuring they understand the implications for decision-making.