Salary: Up to £70,000 + Benefits
Type: Permanent, Full-time
Sector: Financial Services / Life & Pensions
Overview An established and growing financial services provider is seeking an Enterprise Risk Manager to join its second line risk function. The role offers a fantastic opportunity to influence and mature the enterprise risk management framework during a key period of growth, following entry into the bulk annuity market.
Reporting to the Chief Risk Officer, the successful candidate will play a central role in strengthening the company’s operational and enterprise risk oversight capabilities, enhancing MI and system usage, and supporting business-wide risk governance.
Key Responsibilities ERM Framework & Policy
- Support the development, documentation, and delivery of the enterprise risk management framework.
- Act as the second line lead on the risk system (e.g., RiskConnect), ensuring effective usage and reporting.
- Maintain and update risk policies in line with group standards, ensuring accessibility across the organisation.
- Oversee the risk incident management process, including action tracking and root cause analysis.
- Deliver regular MI on incidents and RCSA results to governance committees.
- Conduct quality assurance over the RCSA process and evaluate business unit action plans.
- Review and challenge strategic, commercial, and change proposals.
- Provide oversight of third-party risk management carried out by the first line.
- Conduct risk assessments and deep dives across key areas of operational and customer-related risk.
- Support the CRO in the ongoing maintenance of the risk appetite framework and identification of emerging risks.
- Develop and deliver high-quality risk MI, working with stakeholders to validate data and ensure insight.
- Contribute to the review and monitoring of risk appetites, stress scenarios, and key metrics.
- Assist in the planning and drafting of the ORSA Report, coordinating input and providing supporting analysis.
- Identify and support delivery of risk training across the business.
- Promote strong risk culture and awareness throughout the organisation.
- Background in financial services – ideally life, pensions, or insurance.
- Strong working knowledge of operational and enterprise risk frameworks.
- Experience with RCSA, incident management, and root cause analysis.
- Familiarity with risk systems (e.g., RiskConnect) and developing risk MI/reporting.
- Effective communicator with the ability to work across all levels of the business.
- Self-motivated, well-organised, and able to work independently in a fast-paced environment.
- Experience in a second line risk function.
- Knowledge of ORSA and risk appetite frameworks.
- Experience contributing to risk governance and board reporting.
- Contractually office-based, with flexibility depending on location and seniority.
- Ideally 4 days per week in-office.