At a Glance
- Tasks: Drive the development and oversight of the Enterprise Risk Management Framework across the Waystone Group.
- Company: Join a leading firm focused on enterprise risk management and innovation.
- Benefits: Competitive salary, professional growth opportunities, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities to enhance your skills and career.
- Why this job: Make a real impact in risk management while collaborating with senior leaders.
- Qualifications: Degree in Finance/Business/Economics and experience in enterprise risk or compliance.
The predicted salary is between 80000 - 100000 £ per year.
Working with the senior management team in Enterprise Risk, the Associate Director - Enterprise Risk Management will be charged with the responsibility for driving the development, ongoing enhancement and oversight of the Enterprise Risk Management Framework across the Waystone Group enabling appropriate insight, escalation, reporting and engagement within the Enterprise Risk team, senior management and relevant Boards.
This role, as part of the Enterprise Risk Team, has the following responsibilities:
- Risk Management Framework and Controls Assurance Oversight
- Oversee the embedding of the Enterprise Risk Management Framework (ERMF) across the Group including risk identification, assessment, monitoring, escalation and reporting, working closely with first line stakeholders to support effective ownership.
- Drive the implementation and continuous improvement of the Group's Control Assurance framework as a core element of the ERMF ensuring clear linkage between risks, controls and assurance activity.
- Lead the design, rollout and embedding of 1LOD Controls Self-Assessments (CSA) across the Group ensuring consistency of approach, quality of outputs and meaningful risk and control insight.
- Plan and execute periodic risk based 2LOD testing and assurance activities through the Controls Assurance Assessment Programme (CAAP) assessing both control design and operating effectiveness.
- Oversee bi-annual Risk Control-Self Assessments for the Core Function teams ensuring robust challenge, consistency of application and alignment with the RMF.
- Contribute to the ongoing evolution and maturity of the RMF including enhancements to methodologies, standards, tooling and documentation.
- Risk MI and Reporting
- Design, develop and enhance Risk Management Framework dashboards and risk reporting for senior management, Risk Committees and Boards.
- Generate clear structured and actionable risk insight within the Enterprise Risk team in particular through Control Assurance testing including CSA, RSCA and CAAP.
- Risk Culture
- Build strong relationships across Business Units, Core Functions and jurisdictions acting as a trusted second-line partner.
- Promote a consistent risk and controls culture across the Group through engagement, communication and training initiatives.
- Contribute to the ongoing maturity and strategic development of the Enterprise Risk function.
Education
- An internationally recognized professional qualification.
- Strong academic background including a Degree in Finance/Business/Economics or related field.
Experience
- Experience in enterprise risk, compliance, or process/control auditing ideally within a regulated environment.
- Strong analytical and critical thinking capability with the ability to synthesise information and identify key risk themes.
- Demonstrated ability to build effective relationships and work collaboratively across functions and levels of seniority.
- Proven ability to apply independent judgment with a proactive and pragmatic approach to risk management.
- Ability to operate effectively in a fast-paced environment managing multiple priorities.
- Proficient in the use of Power BI for data visualization and risk reporting.
- Strong attention to detail with a high standard of documentation discipline supported by Strong MS Office skills.
Associate Director - Enterprise Risk Management employer: Waystone Governance Ltd.
Contact Detail:
Waystone Governance Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director - Enterprise Risk Management
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. The more you engage with others, the better your chances of hearing about opportunities before they even hit the job boards.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Show that you understand their framework and can contribute to its enhancement. Tailor your responses to highlight your relevant experience and how it aligns with their needs.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your analytical skills and ability to build relationships, as these are key for the Associate Director role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Associate Director - Enterprise Risk Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Associate Director - Enterprise Risk Management. Highlight your experience in enterprise risk, compliance, and any relevant qualifications that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that demonstrate your ability to drive the development and enhancement of risk management frameworks.
Showcase Your Analytical Skills: Since this role requires strong analytical capabilities, be sure to include examples of how you've used data to identify key risk themes or improve processes. We love seeing how you think critically about risk!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Waystone Governance Ltd.
✨Know Your Risk Management Framework
Make sure you thoroughly understand the Enterprise Risk Management Framework and its components. Be prepared to discuss how you've applied similar frameworks in your previous roles, and think about specific examples where you've driven improvements or oversight.
✨Showcase Your Analytical Skills
Since this role requires strong analytical capabilities, come ready with examples of how you've synthesised complex information to identify key risk themes. Use data visualisation tools like Power BI to illustrate your points if possible, as it shows you're not just talking the talk but can walk the walk.
✨Build Relationships
This position involves collaboration across various teams, so be prepared to discuss how you've built effective relationships in the past. Think of specific instances where your ability to engage and communicate effectively has led to successful outcomes in risk management.
✨Demonstrate Proactive Risk Management
Highlight your proactive approach to risk management by sharing examples of how you've identified potential risks before they became issues. Discuss your independent judgment and pragmatic solutions, showing that you can operate effectively even in fast-paced environments.