At a Glance
- Tasks: Lead risk oversight and assurance in a dynamic pension environment.
- Company: Join USS, a leading pension scheme with a vibrant culture.
- Benefits: Enjoy a competitive salary, generous leave, and wellness support.
- Other info: Flexible working model and a commitment to diversity and inclusion.
- Why this job: Make a real impact on financial futures while developing your career.
- Qualifications: Experience in operational risk and strong analytical skills required.
The predicted salary is between 60000 - 70000 £ per year.
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts. Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.
About The Role
In your role as Operational Risk Manager, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to support the embedding and oversight of the risk and control framework within the Pensions business, including leading thematic reviews to provide independent assurance of the control environment.
What You Will Be Doing
- Risk Oversight and Assurance
- Provide independent second-line oversight across the Pensions business
- Conduct thematic reviews to assess control effectiveness and identify areas for improvement
- Provide independent assurance over the effectiveness of key controls and risk management activities
- Ensure clear escalation of key risks, control weaknesses and emerging issues
- Provide second-line oversight and challenge over material change initiatives (e.g. pensions re-platforming)
- Risk Insight and Reporting
- Deliver high-quality, insight-led risk reporting for committees and senior stakeholders
- Analyse risk events, control data and actions to identify trends, root causes and systemic issues
- Ensure accurate and complete risk data within the risk system (Protecht)
- Framework Embedding
- Support the development and consistent application of the Enterprise and Operational Risk Management framework
- Embed risk management into governance forums, business processes and decision-making
- Promote strong alignment between risks, controls, events and actions
- Stakeholder Management
- Build strong, trusted relationships across the Pensions business
- Provide independent challenge & oversight of the Pensions business with the identification, assessment and documentation of their risks & controls
- Actively participate in the Operational Risk Forum and in risk event triage discussions
- Engage with Compliance, Internal Audit and other second-line teams to ensure a coordinated approach
- Process Improvement and Innovation
- Identify and implement opportunities to simplify and improve risk processes
- Support the use of automation and AI tools (e.g. Copilot) to enhance efficiency and insight
- Contribute to ongoing enhancements to the risk system and reporting
About You
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile. To be successful in the role you will have:
- Strong experience in operational risk, risk management, audit or a business control function within financial services
- Good understanding of risk and control frameworks, including control assurance
- Understanding of pensions administration processes and associated operational risks
- Ability to analyse data and provide clear, practical insight to stakeholders
- Good communication and stakeholder management skills
- Strong working knowledge of Microsoft Office tools
- Experience using generative AI tools (e.g. Copilot) is desirable
Why join us?
At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!
How We Will Reward You
- Great starting salary
- Generous annual leave package
- Access to a high quality pension scheme provided through Universities Superannuation Scheme
- Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
- Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
- Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
- Learning and development opportunities to develop your skills, knowledge and talent
- Employee Volunteer Day’s to support the communities where you work and live
- Cycle to Work Scheme
Our culture and values
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:
- Integrity
- Collaboration
- Excellence
Operational Risk Manager - Universities Superannuation Scheme Limited in Liverpool employer: Jobs via eFinancialCareers
At Universities Superannuation Scheme Limited (USS), we pride ourselves on being an exceptional employer that fosters a vibrant and inclusive work culture. Our commitment to employee growth is evident through our extensive learning and development opportunities, alongside a flexible hybrid working model that promotes work-life balance. With a focus on collaboration and integrity, we empower our team members to make meaningful contributions while enjoying a comprehensive benefits package that supports their well-being and career aspirations.
Contact Details:
Jobs via eFinancialCareers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager - Universities Superannuation Scheme Limited in Liverpool
✨Tip Number 1
Network like a pro! Reach out to current or former employees at USS on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding USS's values and culture. Think about how your experience aligns with their focus on integrity, collaboration, and excellence. Show them you're not just a fit for the role, but for the team!
✨Tip Number 3
Practice your STAR technique for answering behavioural questions. This will help you articulate your past experiences clearly and demonstrate how you've tackled challenges in operational risk management.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Operational Risk Manager - Universities Superannuation Scheme Limited in Liverpool
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in operational risk and stakeholder management. We want to see how your skills align with what we’re looking for at USS!
Showcase Your Insights:When writing about your past roles, focus on specific examples where you provided insight-led reporting or improved risk processes. This will help us understand how you can contribute to our team right from the start.
Be Authentic:Don’t worry if you don’t tick every single box in the job description. If you’re excited about the role and have most of the skills we’re after, just be yourself and apply! We value enthusiasm and potential.
Apply Through Our Website:For the best chance of success, make sure to submit your application through our official website. It’s the easiest way for us to keep track of your application and get back to you quickly!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Risk Frameworks
Familiarise yourself with operational risk and control frameworks, especially those relevant to the pensions sector. Be ready to discuss how you've applied these frameworks in previous roles and how they can be embedded effectively within the organisation.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to analyse data and provide actionable insights. Bring examples of how you've identified trends or systemic issues in past roles, and be ready to discuss the impact of your findings on decision-making.
✨Build Rapport with Stakeholders
Think about how you can build strong relationships across teams. Prepare examples of how you've successfully managed stakeholder expectations and provided independent challenge in previous positions, as this will be crucial in your role.
✨Embrace Innovation
Be prepared to discuss your experience with process improvement and the use of automation tools like AI. Highlight any specific instances where you've implemented innovative solutions to enhance efficiency in risk management processes.
