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Enterprise Risk Manager (Investor Relations Stream)

Information About This Job

Job Title: Enterprise Risk Manager (Investor Relations Stream)
Contract Type: Permanent
Location: London
Industry:
Contact Name: Adam Small
Contact Email: asmall@lawsonchase.com
Job Published: 3 months ago

Job Description

We are recruiting for an Enterprise Risk Manager on behalf  of a leading independent global asset management firm, who are dedicated to delivering the best outcomes for clients through a highly diversified range of actively-managed products.

 

About The Role

Enterprise Risk forms part of the wider Risk team within the Risk & Compliance function, which reports directly to the Chief Risk Officer (CRO). The Enterprise Risk team partners closely with senior managers and their teams across the business globally to:

  • Develop and embed a risk management culture worldwide,

  • Deliver and maintain an effective Enterprise Risk Management Framework that provides appropriate support for the business to make risk-based decisions

  • Equip the business to effectively and efficiently manage their risks through the implementation and embedding of a robust risk assessment methodology and the Governance, Risk and Compliance (GRC) system

  • Ensure appropriateness and transparency of risk information reported to the Board Risk Committee (BRC), the Executive Committee (ExCo) and other relevant governance committees

 

The post holder supports the Senior Manager, Enterprise Risk to educate, advise, challenge and support the embedding of good risk management practices and risk culture within the business and act as a dedicated risk partner for a specific business area.

The post holder is responsible for the delivery of the ERBP plan and activities allocated to them for the specific business units falling. On occasion, the Risk Manager maybe required to manage Risk Associates within the ERBP team.

The role provides opportunities to actively engage with and support a broad range of stakeholders at all levels globally and as a result broaden relationships and partnerships across different functions within the business.

The role includes both remediation and “Business as Usual” activities.

 

Key Responsibilities

Governance

  • Support the review of the design and effectiveness of the governance arrangements in place across the business units and, support the business to establish new and/or enhanced governance mechanisms to escalate, oversee and manage the risks threatening the business activities

  • Attend relevant governance forums when requested , and provide analysis, inputs, challenges and advice, where appropriate, to influence the decision making process and voice any concerns regarding decisions impacting the risk profile and/or appetite of the business unit and Company. Escalate in a timely manner any concerns regarding the effectiveness of the governance forums and/or decisions made

 

Risk Exposure Monitoring

  • Support the design, implementation and embedding of key indicators and risk monitoring dashboards (e.g. business risk profile) to equip the business with tools and mechanisms enabling them to proactively assess and monitor and, where appropriate, effectively manage and mitigate their risk exposures vs. the business and/or firm’s risk appetite statement

  • Regularly monitor and, where applicable, escalate any concerns regarding increases in risk exposures and risk appetite breaches

  • Review and challenge key indicators values, trends and supporting business rationales; where applicable, escalate any concerns Advise and partner with the business to design and implement appropriate monitoring and mitigating actions where risk exposures are increasing and/or where risk appetite statements have been breached

 

Policies Attestation Oversight & Procedure Oversight

  • Support the delivery of business-owned policies and procedures globally and across all business units falling within the remit of the role, taking into account, local regulatory requirements confirmed by the Compliance Department

  • Partner with the business to deliver the policies attestations, where applicable, provide evidence based challenge to influence the attestation status and provide an independent assessment and rationale. Advise and partner with the business to design and deliver appropriate mitigating actions where non-compliance with policies and procedures have been identified, where required and appropriate, support the business in the completion of waivers and exceptions

  • Partner with the business to ensure appropriate mitigating actions are put in place so that waivers and exceptions can be removed in a timely manner

 

Risk & Control Self Assessments Coordination

  • Support the business in the delivery of the Risk and Control Self Assessments (RCSAs)

  • Provide ongoing technical support, challenge and advice to the control and risk owners in order to deliver robust and insightful RCSAs across the business units falling within the remit of the role

  • Partner with the business in order to ensure timely and appropriate delivery and documentation of the RCSAs within the Governance, Risk and Compliance (GRC) system; ensure compliance with the risk methodology and document risk challenge and approval in the GRC where required

  • Provide advice to the business to articulate adequate risk mitigating plans and, where applicable, support the articulation of risk acceptances

  • Monitor risk acceptances; support the business to ensure appropriate mitigating actions are put in place so that risk acceptances can be removed in a timely manner

 

Issues Remediation Monitoring & Support

  • Partner with the business to document issues identified through the completion of Risk and Control Self-Assessments, incidents and lessons learnt, and any findings from the Risk, Compliance and Audit functions, external auditors and regulators

  • Support the business in the design of adequate remediation plans ensuring timely and appropriate risk mitigation outcomes based on the business residual risk target and the firm’s risk appetite statement

  • Support the business in the remediation of issues by providing constructive challenge, advice and help articulate additional resources requirements where applicable; proactively escalate any risks of issues becoming overdue Review and challenge the evidence provided by the business to support the closure of open issues, where applicable i.e. excluding Internal Audit and Compliance identified issues

  • Ensure completeness and accuracy of issues and remediation actions documentation within the Governance, Risk and Compliance (GRC) system, providing quality assurance where necessary

 

Risk Events Remediation Oversight

  • Support the business when a risk event has been identified, and contribute to the appropriate resolution of the risk event thereafter by facilitating discussions with all impacted teams and stakeholders

  • Provide regular updates to appropriate stakeholders throughout the risk event resolution

  • Review and, where applicable, help the business to enrich the risk event information documented in the Governance, Risk and Compliance (GRC) system

  • Complete, where required, the mandated risk review and approval fields within the GRC system; this includes ensuring that appropriate issues and remediation actions linked to the risk events are documented

  • Deliver lessons learnt reviews where appropriate; agree on remediation actions, where applicable, to ensure that potential future risk events can be proactively avoided

  • Document major risk event reports engaging with key stakeholders as appropriate

 

Other Duties and Responsibilities

  • Support, where appropriate, the delivery of deep dives and control assurance and testing activities

  • Support the Head of Business Continuity in the implementation of a comprehensive and effective business continuity management framework for the business units falling within the remit of the role

  • Contribute to the effective use and development of the Governance, Risk and Compliance (GRC) system by gathering and providing feedback around the system functionalities to the Enterprise Risk Strategy (ERS) team; where applicable, collaborate on the design and roll-out of changes required to enhance the system

  • Contribute to the effective embedding of the Enterprise Risk Management Framework within the business and, where required, gather and provide feedback on any aspects of the framework to the ERS team to enhance the framework and ensure alignment with changes in business strategy and operating models

  • Participate in projects working groups and any other type of stakeholder meetings by providing relevant challenge and advice using risk management expertise, tools and business knowledge

  • Provide ongoing risk training to the business and act as a risk champion for the specific business unit. Escalate any major risk training requirements to the ERS team so that they can be added to the firm-wide risk training plan

  • Support the delivery of any other activities and tasks as required by the ERBP Senior Manager

 

Team Management & Development

  • Support the Senior Manager to discharge their responsibilities and, where appropriate, act as the go to and provide cover in their absence

  • Escalate any delivery risks and issues to the Senior Manager in a timely manner

  • Maintain appropriate level of knowledge and competencies required to undertake the role and, where necessary, proactively engage with Senior Manager to discuss development opportunities

  • Management and review of Associate’s deliverables where required by the Senior Manager

 

Supervisory Responsibilities

  • This position will manager an Associate

 

Skills & Experience

  • Educated to degree level with relevant industry experience

  • Professional qualification preferred but not essential e.g. IMC, CFA, IRM etc.

  • Good understanding of the financial services industry; asset management experience preferred

  • Very good understanding of risk management methodologies and techniques

 

Key Competencies

  • Very good planning, analytical and problem solving skills

  • Excellent stakeholder engagement skills and ability to effectively network, influence and maintain relationships

  • Very good writing and verbal communication and ability to adapt delivery style to various audiences

  • Pro-active and self-sufficient with ability to escalate where appropriate

  • High standards of delivery and very good presentation skills

  • Ability to explain and simplify complex concepts and methodologies

  • Ability to be resilient and stay motivated under pressure or facing tight deadlines

  • Willingness to continuously learn and develop oneself to maintain industry and technical knowledge

  • Pragmatic, with a business oriented approach

  • Ability to multi-task, prioritise and meet deadlines

 

Ongoing competence in the role to be assessed by:

  • Annual Performance Appraisal

  • Completion of all assigned Compliance training

 

Compliance Requirements

At a minimum the role requires the individual to:

  • Place the interest of clients first and always act in accordance with TCF (Treating Customers Fairly) principles

  • Understand and comply with any federal, state, and foreign laws and regulations applicable for the role, and seeking the guidance of Compliance if this is unclear at any time

  • Understand and comply with all relevant policies applicable for the role, and seeking the guidance of the relevant policy owner if this is unclear at any time.

           

 

 

Ref: | Published: 30 May 2018