At a Glance
- Tasks: Lead risk governance and reporting, ensuring compliance and effective risk management.
- Company: Join Vanguard, a mission-driven company with a collaborative culture.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Be part of a team that values innovation and continuous improvement.
- Why this job: Make a real impact on risk management while developing your skills in a dynamic environment.
- Qualifications: Experience in risk management and strong communication skills are essential.
The predicted salary is between 60000 - 75000 £ per year.
Act as a gatekeeper for UKPI risk, consulted on all material issues and informed of developments across operational teams. Support broader assurance testing through validation, MI preparation, and contribution. Operate independently from operational teams while maintaining close working relationships to stay informed and influential. Engage in forums, reporting cycles, and ad‑hoc discussions to remain embedded in the business. Lead and contribute to governance forums such as the Risk and Control Oversight forum. Share insights, track actions, and elevate concerns to senior leadership and compliance functions.
Team Purpose
The Governance and Risk Reporting team exists to embed a robust Enterprise Risk Management Framework (ERMF) across UKPI, ensuring that risk awareness, accountability, and compliance are deeply integrated into operational practices. The team acts as a consultative oversight function—a "1.5 line of defence"—bridging operational execution and strategic risk governance.
Your role
Act as a gatekeeper for UKPI risk, consulted on all material issues and informed of developments across operational teams. Support broader assurance testing through validation, MI preparation, and contribution. Operate independently from operational teams while maintaining close working relationships to stay informed and influential. Engage in forums, reporting cycles, and ad‑hoc discussions to remain embedded in the business. Lead and contribute to governance forums such as the Risk and Control Oversight forum. Share insights, track actions, and elevate concerns to senior leadership and compliance functions.
Core Responsibilities
- Governance Oversight: Lead and support the governance of risks and issues at the first-line level for UKPI, overseeing internal and external risk events, analysing trends, identifying control gaps, and addressing high-impact failings.
- Issue & Risk Remediation: Identify and remediate issues, risks, and control gaps through root cause analysis, thematic analysis and process reviews, ensuring all actions are tracked and closed.
- Stakeholder Engagement: Collaborate with operational teams, Enterprise Risk Management, and second-line functions to align risk interpretation, remediation, and reporting standards.
- Reporting & Forums: Contribute to risk reporting at European and global levels, including Top Risks, ICARA, Issues Management, and Risk Events. Actively participate in forums, supporting the Risk and Control Oversight Forum.
- Risk and Control Framework Implementation: Support and lead the identification, design, and implementation of the internal risk and control framework within the assigned division, using relevant tools and platforms. Address gaps and recommend enhancements to improve framework effectiveness.
- Consultation and Audit Support: Provide consultation, facilitation, and analytical support to ensure risks are identified and managed in alignment with Business Control Assurance partners. Advise on internal and external audit activities and support risk mitigation initiatives in response to audit findings.
- Management Reporting: Support the development, documentation, and distribution of management reporting data, maintaining clear and thorough records of findings and results. Strong ability to interrogate data, identify trends, spot anomalies, and draw clear, evidence‑based insights to support operational and risk decision‑making.
- Best Practice Sharing: Build strong working relationships with key internal and external stakeholders, collaborating to share best practices and communicate effective control solutions across the organization.
- Risk Awareness and Education: Educate team members on emerging and strategic risk issues, promoting awareness, compliance, and a strong risk culture.
- Project Participation: Participate in special projects and perform additional duties as required to support team objectives and continuous improvement.
Qualifications And Skills
- Significant related work experience.
- Proven experience in risk management is preferred.
- Familiarity with first line risk management (e.g., RCSA, ICARA, risk events) and risk assessment tools are advantageous.
- Familiarity with FCA regulatory rulebooks preferred.
- Demonstrates an understanding of how AI tools support analysis, decision‑making, efficiency, and risk management. Able to apply AI responsibly in line with governance and data‑ethics standards.
- Communicates complex information clearly and succinctly, adapting style for different audiences, including senior stakeholders; produces high‑quality written and verbal outputs.
- Able to apply sound judgement to independently question assumptions, highlight potential risks, and provide constructive challenge to drive better outcomes across the business.
- Confident in shaping thinking, building alignment, and influencing stakeholders at all levels to support effective risk governance and operational decision‑making.
Special Factors
Vanguard is not offering visa sponsorship for this position.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in‑person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
Risk Governance & Reporting Lead employer: Vanguard
Vanguard is an exceptional employer, offering a dynamic and collaborative work environment that prioritises employee growth and development. With a strong focus on risk governance and reporting, our team thrives on meaningful engagement and the opportunity to influence strategic decisions while enjoying the flexibility of a hybrid working model. We are committed to fostering a culture of accountability and compliance, ensuring that every team member feels valued and empowered to contribute to our mission-driven objectives.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Governance & Reporting Lead
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join forums, and engage on LinkedIn. The more you know, the better your chances of landing that Risk Governance & Reporting Lead role.
✨Tip Number 2
Prepare for those interviews by researching the company and its risk management practices. Be ready to discuss how you can contribute to their governance forums and support their Enterprise Risk Management Framework. Show them you mean business!
✨Tip Number 3
Don’t just wait for job openings—create opportunities! Reach out directly to hiring managers or team leads at Vanguard. Express your interest in the role and share how your skills align with their needs. It’s all about making that personal connection.
✨Tip Number 4
Keep your skills sharp! Stay updated on the latest trends in risk management and compliance. Consider taking online courses or certifications that can boost your profile. When you apply through our website, make sure to highlight these new skills!
We think you need these skills to ace Risk Governance & Reporting Lead
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk management and governance. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Skills:Don’t just list your skills—demonstrate them! Provide examples of how you've successfully managed risks or contributed to governance forums in your previous roles. We want to see your impact!
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon and make sure your communication style is easy to understand. Remember, we value clarity just as much as complexity!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team at StudySmarter!
How to prepare for a job interview at Vanguard
✨Know Your Risk Management Stuff
Make sure you brush up on your risk management knowledge, especially around first-line risk management tools like RCSA and ICARA. Being able to discuss these confidently will show that you're not just familiar with the concepts but can also apply them effectively.
✨Engage with Stakeholders
Prepare to talk about how you've collaborated with operational teams and other stakeholders in the past. Share specific examples of how you’ve influenced decisions or improved processes through effective communication and relationship-building.
✨Showcase Your Analytical Skills
Be ready to demonstrate your ability to interrogate data and identify trends. Bring examples of how you've used data analysis to support risk decision-making, and be prepared to discuss any tools or methodologies you’ve employed.
✨Understand the Governance Framework
Familiarise yourself with the governance frameworks relevant to the role. Be prepared to discuss how you would contribute to forums like the Risk and Control Oversight forum and how you can help elevate concerns to senior leadership effectively.
