At a Glance
- Tasks: Drive enterprise risk management initiatives and enhance risk reporting across the organisation.
- Company: Waystone, a leading asset-servicing solutions provider with over 25 years of experience.
- Benefits: Competitive salary, professional development, and opportunities for global expansion.
- Other info: Join a collaborative team focused on continuous improvement and cutting-edge technology.
- Why this job: Make a real impact on risk management in a dynamic and innovative environment.
- Qualifications: Experience in enterprise risk or compliance, strong analytical and communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
About Waystone
Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years' experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.
Role Summary
The Enterprise Risk Manager is responsible for supporting the Director ERM Strategy and senior management in the implementation, ongoing enhancement and oversight of the Enterprise Risk Management Framework ("ERMF") across the Waystone Group. The role focuses on driving consistent application of the ERMF, strengthening the control assurance environment, and delivering meaningful risk insight to support decision-making across the Group.
Duties and Responsibilities
- ERM Strategic Initiatives and Continuous Improvement: Supporting strategic ERM initiatives including ongoing development and testing of the Enterprise Risk Management Application (ERMA), automation and digitisation of risk management processes and reporting, implementation of new regulatory requirements impacting the ERMF, and contributing to the continuous improvement of the ERMF through identification of enhancements to frameworks, processes and tools.
- Risk Management Information and Reporting: Supporting the development and enhancement of ERMF dashboards and risk reporting for senior management, Risk Committees and Boards. Generating clear, structured and actionable risk insight, including outputs from Control Assurance activities (CSA, RCSA, CAAP). Supporting the interrogation and challenge of risk information to identify key risk themes and trends.
- Risk Management Framework and Controls Assurance Oversight: Support the ongoing embedding and enhancement of the Enterprise Risk Management Framework across the Group including supporting the consistent application of risk identification, assessment, monitoring, escalation and reporting across Business Units, Core Functions and jurisdictions. Ensure Business Units and Core Functions operate in line with and meet the requirements of the Group's Control Assurance framework. Contributing to the ongoing evolution and maturity of the ERMF including enhancements to methodologies, standards, tooling and documentation.
- Risk Culture and Stakeholder Engagement: Supporting the dissemination and communication of the ERMF across Business Units, Centralised Services and the wider Group. Building effective working relationships across functions and jurisdictions, acting as a trusted second line partner. Promoting a consistent risk and controls culture through engagement, communication and training initiatives.
Experience and Skills
- Experience: Experience in enterprise risk, compliance, or process/control auditing within a regulated environment. Practical experience in risk frameworks, control assurance, and risk reporting processes.
- Skills: Strong analytical capability with the ability to synthesise information and identify key risk themes. Ability to challenge and interrogate risk information in a structured and constructive manner. Strong interpersonal and communication skills with the ability to work collaboratively across functions. Proactive and pragmatic approach to risk management. Strong attention to detail and documentation discipline.
- Technical Skills: Proficient in MS Office tools. Experience with Power BI for risk reporting and data visualisation. Interest and exposure to data, automation and emerging technologies (e.g. AI).
- Education: An internationally recognised professional qualification or relevant degree in Finance, Business, Economics or related field.
Enterprise Risk Manager employer: Waystone Governance Ltd.
Waystone is an exceptional employer that fosters a collaborative and innovative work culture, empowering employees to drive meaningful change in enterprise risk management. With a strong focus on professional development, employees benefit from continuous learning opportunities and the chance to engage with cutting-edge technologies in a dynamic environment. Located in a vibrant financial hub, Waystone offers a unique blend of stability and growth potential, making it an ideal place for those seeking a rewarding career in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Enterprise Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their risk management framework and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management and compliance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to follow up after your interviews! A simple thank-you email can keep you top of mind and show your enthusiasm for the role. And remember, apply through our website for the best chance at landing that dream job!
We think you need these skills to ace Enterprise Risk Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Enterprise Risk Manager role. Highlight your experience in enterprise risk, compliance, and any relevant frameworks you've worked with. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how you can contribute to our team. Be sure to mention specific initiatives or aspects of the ERMF that excite you.
Showcase Your Analytical Skills:Since this role requires strong analytical capabilities, make sure to include examples of how you've synthesised information and identified key risk themes in your previous roles. We love seeing concrete examples!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Waystone!
How to prepare for a job interview at Waystone Governance Ltd.
✨Know Your ERMF Inside Out
Before the interview, make sure you thoroughly understand the Enterprise Risk Management Framework (ERMF) and its application. Familiarise yourself with how it operates within financial institutions and be ready to discuss specific examples of how you've contributed to similar frameworks in your past roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your strong analytical capabilities by discussing past experiences where you've synthesised complex information into actionable insights. Bring examples of how you've identified key risk themes and trends, and be ready to explain your thought process during these analyses.
✨Communicate Effectively
Since the role requires strong interpersonal skills, practice articulating your thoughts clearly and confidently. Think about how you can convey complex risk information in a structured manner, and prepare to discuss how you've built effective working relationships across different functions in previous positions.
✨Be Proactive and Pragmatic
During the interview, highlight your proactive approach to risk management. Share examples of how you've taken initiative in past roles to enhance risk frameworks or improve processes. This will show that you're not just reactive but also forward-thinking, which is crucial for the Enterprise Risk Manager position.
