At a Glance
- Tasks: Support financial risk oversight and collaborate with teams to manage finance risks.
- Company: Join Nest, the UK's largest workplace pension scheme, committed to inclusivity.
- Benefits: Flexible hybrid working, generous training budget, and a supportive work environment.
- Why this job: Make a real impact on financial resilience while developing your skills in a dynamic team.
- Qualifications: Experience in finance or related fields; strong accountability and collaboration skills.
- Other info: Diversity and inclusion are at our core; everyone is welcome to apply.
The predicted salary is between 28800 - 48000 £ per year.
Role Overview
Please note we only accept online applications.
We are seeking a proactive and collaborative finance-focused Risk Officer to join our Enterprise Risk team in a vital role supporting the oversight of financial risk and financial resilience.
Responsibilities
- Finance risk: Collaborate with and support the finance team with assessing the impact of potential risks on financials and support with financial resilience.
- Monitoring and reporting: Monitor risk indicators and prepare risk reports.
- Risk management: Support the organization in identifying and managing its finance risks.
- Policy management: Work in partnership with different teams to manage their policies.
- Contribute to the delivery of key risk initiatives, including the rollout of the new Risk & Compliance system.
Minimum criteria / Qualifications
- Experience of working in finance, accountancy, audit, financial risk or similar.
- A strong sense of accountability, of knowing what you are responsible for and proactively delivering it.
- The ability to understand and thoroughly investigate an issue, and provide challenge where necessary.
- An interest in oversight of finance risk.
- Experience of working collaboratively with different teams across an organisation.
Don’t worry if you think you don’t have all the key skills, it might be worth taking a few minutes to apply as we’re good at spotting potential and offer a generous training budget.
Please download a full job description to find a full scope, deliverables, experience and personal attributes required for this role.
Flexible and agile working
Everyone’s personal situation is different. To make the most out of hybrid working, we’ve introduced different ways of working, which include (subject to role requirements):
- Hybrid of office (Canary Wharf, London) and home working (there will be an expectation to attend the office, once – twice a week, or more, as required).
For more information about our recruitment process, please contact us.
Directorate/Department Overview
The Risk directorate comprises the risk teams for the organisation, including technical risk and regulatory risk. As a second line function, it provides advice and support to the business on risk and compliance and it oversees and provides compliance assurance.
The Enterprise Risk team is accountable for the development, implementation and on-going maintenance of the risk management and controls framework across Nest and oversight of the management of key risks and controls. The team is also responsible for ensuring adequate insurance coverage for the business in line with the insurable risks that Nest faces.
Reporting to the Head of risk. This role will support delivery of the enterprise risk management framework, controls framework and policy framework including liaising with the first and second lines of defence on risk-related topics and managing risk processes such as gathering information for reporting, risk event management, insurance and policy management. Key support to the business in managing and maintaining their risks that support the delivery of our strategy, and to support the wider Enterprise risk team in preparing risk reports to the Executive Risk Committee, Risk Committee and Board. This role sits within the Enterprise Risk team, supports the application of the enterprise risk management framework methodology and ensures that standards are maintained and developed against an evolving and dynamic risk environment.
Organisational Overview
Nest is an award-winning workplace pension scheme, the largest in the country. Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.
Diversity, Equity and Inclusion
Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of their age, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, race, religion/belief, sex, sexual orientation or socio-economic background. We also recognise the importance of diversity of thought and other forms of neurocognitive variation.
Nest is a Disability Confident Leader, which is the highest level of the Disability Confident Scheme. If you have a disability, please declare that you’re applying through the scheme.
We aim to offer an interview to those applicants who apply through the Disability Confident Scheme and best meet the minimum criteria. However, there may be some circumstances where this is not possible due to the volume of applications.
Please note that this advert may close early if we receive a sufficient number of satisfactory applications. If you have any difficulty in sending your application or need the application pack in an alternative format, or you require any reasonable adjustments please contact us.
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Finance Risk Officer employer: Nestpensions
Contact Detail:
Nestpensions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Risk Officer
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk sectors. A friendly chat can lead to opportunities that aren’t even advertised yet. Don’t be shy; we all love a good natter!
✨Tip Number 2
Prepare for those interviews! Research common questions for finance risk roles and practice your answers. We want you to feel confident and ready to showcase your skills and experience.
✨Tip Number 3
Show off your collaborative spirit! During interviews, highlight times when you’ve worked with different teams. We’re all about teamwork here, so let’s see how you can fit into our culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always on the lookout for potential, so don’t hesitate if you think you might be a good fit!
We think you need these skills to ace Finance Risk Officer
Some tips for your application 🫡
Be Yourself: When you're filling out your application, let your personality shine through! We want to see the real you, so don’t be afraid to show us what makes you unique and how you can contribute to our team.
Tailor Your Application: Make sure to customise your application to highlight your experience in finance and risk management. Use keywords from the job description to demonstrate that you understand what we’re looking for and how you fit the bill.
Show Your Collaborative Spirit: Since this role involves working with different teams, share examples of how you've successfully collaborated in the past. We love seeing candidates who can work well with others and bring a team-oriented mindset!
Apply Online: Remember, we only accept online applications, so make sure to submit yours through our website. It’s quick and easy, and it ensures that your application gets to the right place without any hiccups!
How to prepare for a job interview at Nestpensions
✨Know Your Financial Risks
Make sure you understand the key financial risks relevant to the role. Brush up on concepts like risk assessment and financial resilience, as these will likely come up in your interview. Being able to discuss specific examples of how you've managed or assessed financial risks in the past will show your expertise.
✨Collaborate and Communicate
Since this role involves working with various teams, be prepared to discuss your collaborative experiences. Think of examples where you successfully partnered with others to manage risks or implement policies. Highlighting your communication skills will demonstrate that you can work effectively across departments.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Practice articulating how you would handle specific financial risk situations, including identifying risks and proposing solutions. This will showcase your analytical thinking and proactive approach.
✨Show Your Accountability
The job description emphasises a strong sense of accountability. Be ready to share instances where you took ownership of a project or task, especially in finance-related roles. Discuss how you ensured successful outcomes and what you learned from those experiences.