At a Glance
- Tasks: Lead enterprise risk management initiatives and collaborate with senior leaders to mitigate key risks.
- Company: Join the Wellcome Trust, a global leader in health funding and advocacy.
- Benefits: Competitive salary, flexible hybrid working, and a commitment to diversity and inclusion.
- Why this job: Make a real impact on health challenges while shaping risk management culture.
- Qualifications: Strong experience in enterprise risk management and excellent analytical skills.
- Other info: Dynamic role with opportunities for professional growth and a supportive work environment.
The predicted salary is between 79200 - 79200 £ per year.
The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships. We plan to spend £16bn over the next ten years, funding new discoveries in life, health, and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate and health.
The Risk Team at Wellcome provides professional guidance, advice and support in respect of risk and risk management to everyone working within the organisation in support of the delivery of our mission. This includes the development and delivery of the corporate risk management framework, insurance programme and business continuity arrangements.
You will work closely on the enterprise risk management agenda, collaborating with senior colleagues to ensure the board fulfils its statutory responsibilities to identify, assess, manage and mitigate the organisation's key risks. You will work across multiple departments to embed and promote a proactive risk management culture and methodology, and you will be responsible for coordinating the organisation's insurance and business continuity programmes.
As an Enterprise Risk Manager, you will:
- Implement and embed Wellcome's enterprise risk management framework, supporting corporate and departmental risk processes and reporting.
- Partner with Executive Leadership, Risk Champions and other stakeholders to promote a proactive risk management culture, providing expertise, training and workshops.
- Have responsibility for rolling out and executing Wellcome's periodic risk assessment process (Risk Control Self Assessment) and compiling regular risk reports to executive and governance committees.
- Act as a risk consultant, advising different areas of the organisation on risk consideration in relation to new and ongoing programmes.
- Build strong relationships with Wellcome's subsidiaries to support their risk management programmes and contribute to a consistent approach across the group.
- Support the delivery and management of Wellcome's business continuity programme and the operational and investment property insurance programmes, including renewals and broker/valuer relationships.
- Champion Wellcome's policies, principles and commitment to a diverse and inclusive culture, undertaking additional duties as required.
This role suits you if you enjoy working at the heart of how an organisation makes decisions, using your analytical skills and judgement to help senior leaders understand and manage key risks. It plays to strengths in relationship building and influencing, as you will work with a wide range of stakeholders to embed a proactive risk culture, improve frameworks and processes and support business continuity and insurance. You will have variety, clear accountability and the chance to make a tangible impact on how Wellcome operates, while contributing to a diverse and inclusive culture.
To apply for this role please submit an updated CV and answer 2 application questions to demonstrate that you meet the minimum requirements for the role.
Minimum Criteria:
- Appropriate qualifications and strong enterprise risk management experience, with a good understanding of non‑financial risk and control frameworks.
- Proven experience implementing risk management practices and helping to improve risk culture across an organisation.
- Proven experience in conducting business‑as‑usual risk assessments, with strong report writing skills.
- Desirable experience in managing insurance programmes and supporting business continuity planning.
- Ability to think creatively to improve process and procedural efficiency, and to drive those improvements through to implementation.
We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 3 days per week (Tuesday, Wednesday and Thursday) from our Euston Road offices (as part of our hybrid Ways of Working) with the remaining 2 days working either remotely or in the office.
Diversity and Inclusion is at the heart of everything we do
Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long‑term condition. Please visit our website for more information on adjustments and accessibility, or contact us at jobs@wellcome.org.
Enterprise Risk Manager employer: WELLCOME TRUST
Contact Detail:
WELLCOME TRUST Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Risk Manager
✨Tip Number 1
Get to know the company inside out! Research Wellcome's mission, values, and recent projects. This will help you tailor your conversations during interviews and show that you're genuinely interested in their work.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for those tricky interview questions! Think about how your experience aligns with the role of Enterprise Risk Manager. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills.
✨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’s a great opportunity to reiterate why you’re the perfect fit for Wellcome.
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 relevant experience in risk management and any specific achievements that align with Wellcome's mission. We want to see how you can contribute to our goals!
Answer Application Questions Thoughtfully: When answering the application questions, take your time to reflect on your experiences. Use clear examples that demonstrate your understanding of risk management and how you've implemented practices in the past. This is your chance to shine!
Showcase Your Analytical Skills: Since this role involves a lot of analytical work, make sure to showcase your skills in this area. Provide examples of how you've used your judgement to help senior leaders manage risks effectively. We love seeing those problem-solving skills in action!
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 gives you a chance to explore more about Wellcome and our values.
How to prepare for a job interview at WELLCOME TRUST
✨Know Your Risk Management Framework
Familiarise yourself with Wellcome's enterprise risk management framework. Be prepared to discuss how you would implement and embed this framework in your role, and think of examples from your past experience that demonstrate your understanding of risk management practices.
✨Build Relationships
Since the role involves collaborating with various stakeholders, think about how you can showcase your relationship-building skills. Prepare examples of how you've successfully influenced others or promoted a proactive risk culture in previous positions.
✨Showcase Your Analytical Skills
Be ready to discuss your analytical approach to identifying and assessing risks. Think of specific instances where your judgement helped senior leaders make informed decisions. Highlight your report writing skills by mentioning any relevant reports you've compiled.
✨Emphasise Diversity and Inclusion
Wellcome values diversity and inclusion, so be sure to express your commitment to these principles. Share experiences where you've contributed to an inclusive culture or supported diverse teams, as this will resonate well with their organisational values.