SENIOR RISK MANAGER

Our Financial Services client has a vacancy for a senior level Risk Management role to provide leadership and support across our client’s organisation, and specifically to our Client’s Board in meeting its risk management and internal control responsibilities.

The Senior Risk Manager will have dual reporting, both to executive management and to Group Risk. Additionally the role will require close liaison on a day to day basis with senior management both within and across our client’s organisation, including board directors, senior operational managers, business development and project teams. The role will also work closely with other risk professionals across the division, in Ireland and the UK, as well as the Compliance and Internal Audit teams.

Dimensions of the Role

·         Promote awareness of risk management across the organisation and exert influence on those individuals with direct responsibility for managing specific risks – the ability to influence the thinking and actions of senior managers will be as important as more tangible deliverables

·         Job holder will help to develop and embed the policies, processes and systems that comprise the risk framework; in particular the identification, assessment, control, monitoring and reporting of risks undertaken within the business. 

·         Become a key part of the local management team and contribute to the strategic plans and objectives of the business and their achievement. 

·         Through the Group’s risk system as well as other tools and techniques, facilitate a pro-active and continuous risk management culture, rather than a periodic form filling or compliance exercise.

Key Responsibilities

·         Facilitate risk awareness across businesses  and embedding of risk management disciplines, through training, workshops and one to one sessions. 

·         Provide an independent risk perspective on key initiatives, including new products, ventures, outsourcing/offshoring, re-engineering proposals and significant new projects. 

·         Critically review/challenge the reporting of business risks to the Client and other relevant business risk committees and boards, thereby providing the business with an independent layer of analysis, review and challenge to ensure risk registers and dashboards (for example) meet the required businesses quality standards. 

·         Lead the development of the client’s risk modeling capabilities, including stress testing and scenario analysis, enabling the calculation of (operational) risk capital through the ICAAP (Internal Capital Adequacy Assessment Process). 

·         Form and manage effective relationships with other risk professionals across the organisation (and externally), including Compliance and Audit, flagging emerging market and regulatory issues that need to be addressed from a risk perspective. 

·         Assist the Fraud Risk Coordinator in raising awareness of fraud risks and related anti fraud controls, ensuring such risks are properly considered and managed across the businesses and fraud response plans and reporting are embedded, in accordance with the Group’s Fraud Policy.

·          Act as a guardian of the Group’s Information Security policies in relation to all businesses, ensuring relevant measures are in place to safeguard confidential client, customer and proprietary information.   

·         Facilitate the work of the Risk Committee, by helping to organise meeting agendas, papers and minutes. Responsible for the generation of risk reports for to business boards and the Division’s Risk Committee. 

·         Encourage the sharing of best practice and issues resolution across business areas. 

·         Ad hoc risk management presentations to clients, regulators and other agencies as may be required from time to time.

Experience

·         5 years + experience in the risk management environment at management level (ideally with experience in an audit role being beneficial).

·         Up to date knowledge and experience in operational/enterprise wide risk management and risk modelling techniques (stress testing and scenario analysis).

·         Working knowledge of risk management techniques in relation to derivative instruments.

·         A broad knowledge of risk and control techniques across the risk classes, coupled with a deeper knowledge of specific risks such as information security and fraud risks.

·         Good knowledge of the technical and regulatory challenges facing organisations operating in the financial services industry.

·         Gravitas, with a track record of working with board level and other senior managers

·         Excellent interpersonal, influencing and written skills

·         Good presentation skills with knowledge of Powerpoint, Excel and Word