Enterprise Risk Manager
Business Area: Group Risk and Funding
Place of Work: London
Contract Type: Permanent
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you’ll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.
Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.
About the role
In your role as Enterprise Risk Manager, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to be part of the 2nd line Enterprise and Operational Risk Management (EORM) team which has the mandate to coordinate and oversee all risk management and control activities across USS. This role reports directly into the Group Head of Enterprise & Operational Risk Management.
The Enterprise Risk Manager will work closely with stakeholders across the business to monitor risks, ensuring that they are within the approved Board’s risk appetite, to embed risk awareness and culture, and to support a range of risk management activities, including deep dives, emerging risk, top risk, risk appetite, and Risk and Control Self Assessment (RCSA) reviews.
Additionally, they will lead on certain aspects of implementation of the enterprise risk management (ERM) framework. This role requires good knowledge and practical experience of risk management within a financial services firm.
What you will be doing
As a trusted part of the Group Risk and Funding team you will be responsible for:
Delivering Results
*Work with the first line of defence to identify potential risks and implement adequate mitigation.
*Lead deep dive reviews to assess the adequacy of the control environment.
*Lead the emerging risk & top risk identification and assessment process.
*Lead the yearly risk appetite review process.
*Develop and produce insightful management information
*Support our risk governance processes.
*Lead the EORM quarterly risk forum meeting.
*Contribute to strengthening firm-wide risk awareness and culture.
*Develop and maintain the ERM framework (including control assurance standards).
*Develop and maintain the risk taxonomy and control library.
*Leverage the risk system, Protecht, to embed the ERM framework across USS.
*Establish and implement risk policies and procedures.
Managing Relationships
*Close collaboration with the EORM, information security, compliance, and the 1st line business control teams.
Managing Processes & Future Focus
*Identify opportunities to enhance current risk processes with a particular focus on simplification.
*Stay updated on new regulations and industry standards through regular attendance at seminars, workshops, and conferences.
About you
We know that sometimes people can be put off applying for a job if they don’t tick every box, if you’re excited about working for us and have most of the skills or experience we’re looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
*A proven track record in risk management, preferably within a financial services firm.
*Expertise in the design and implementation of ERM frameworks (including control assurance) in a financial services firm.
*Experience and knowledge of model risk frameworks is a plus.
*Excellent stakeholder management, project management, and problem-solving skills.
*To be tech and data savvy with the ability to innovate, create, and analyse data to generate meaningful and important business and risk insights.
*Experience of Copilot or an equivalent generative AI tool is a plus.
Why join us?
At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We’re also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual’s unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!
How we will reward you
*Great starting salary
*Generous annual leave package
*Access to a high quality pension scheme provided through Universities Superannuation Scheme
*Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
*Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
*Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
*Learning and development opportunities to develop your skills, knowledge and talent
*Employee Volunteer Day’s to support the communities where you work and live
*Cycle to Work Scheme
Our culture and values
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ’front and centre’ of what we do. This is embedded through our values:
*Integrity
*Collaboration
*Excellence
About us