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Risk Operations Consultant

3 months ago


Edinburgh, Edinburgh, United Kingdom Phoenix Group Full time

Salary:
up to £38,000 per annum plus bonus, private medical insurance, 10% pension + much more

Job Type:
Permanent

Job Contact:
Amanda Foskett

Closing Date:

**20 January 2023

We have an incredible opportunity to join us here at Phoenix Group as a Risk Operations Consultant to join Risk Operations & Integration team.


Who are we?
We want to be the best place that any of our colleagues have ever worked.


We are the UK's largest long-term savings and retirement business with c.13 million customers and c.£310 billion of assets under administration.

As a market leader and FTSE 100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities.

We are tackling key environmental and social issues such as transitioning our portfolio to net zero by but we're not done yet.


We've seen huge growth and change, and this means there is enormous opportunity for our 8,000 colleagues to grow alongside us.


Flexible working
You can expect to work in a hybrid manner with time spent working in the office and at home.

We believe that work/life balance offers benefits for customers as well as ensuring that you can balance a successful career with your life outside of work.

We will discuss flexibility, what is important to you and balancing this with business requirements during the recruitment process.

We want to hire the whole version of you.


We are committed to ensuring that everyone feels accepted and safe at work, and are proud to be an equal opportunity employer.

Everyone is valued at Phoenix regardless of age, gender identity, neurodiversity, race, disability, sexual orientation, religion, ethnicity, socioeconomic background or anything else.

Whether it's joining one of our internal employee networks, being an ally, taking positive action or simply being there to listen, everyone at Phoenix is valued and respected.


If you need any help or adjustments to the recruitment process due to health, disability or anything else, please let us know so we can help you to be the best version of yourself.


The role


The Risk Operations and Integration team leads on activity that allows the Risk function to operate effectively, plan for the future and drive continuous improvement.

We also lead on Mergers & Acquisitions integration activities for the function. In doing so we support the Risk function in its mission 'to promote informed decision-making and controlled risk-taking'.
-
Tracking Risk function performance
  • Produce the monthly Group Risk Scorecard (GRS) to effectively report on how the Risk function is performing against its annual plan, performance indicators and promote discussion around resource capacity.
-
Board Risk Committee (BRC) Agenda Setting
  • Work with Company Secretary to obtain input from CROs and the wider Risk function to create and refine BRC agendas. Support the wider agenda setting process including the creation of forwardlooking agendas and scheduling of post BRC download sessions for the Risk function.
-
Delivery of Team Objectives:

  • Support delivery of the Risk Operation and Integration Team's wider objectives as required.
-
Reporting:

  • Contribute to Risk Operations reporting for Management Committees and Board Risk Committees, gathering input from across the Risk function and producing draft reports (e.g. quarterly assurance updates).
-
Continuous Improvement:

  • Review and challenge risk operations processes to suggest areas for improvement or efficiency.
-
Analyse risk operations MI:

  • Analyse key MI including SmartCore data and HR MI, to proactively identify trends across the Risk function and present these in a way that promotes discussion and supports decision making. Identify any discrepancies with underlying data and support their resolution.
-
Stakeholder management and building relationships:

  • Build and maintain relationships with key stakeholders across Line 2 to understand requirements and gather input for operations and resource capacity management.

What are we looking for?


Additionally, you will have proven analytical skills with the ability to validate, challenge and analyse information from a variety of sources to present insight and required action.

You will be proficient in the tools required to analyse and present information in an effective way, such as Microsoft PowerPoint, Word, and Excel.

Prior experience working in governance, risk and/or compliance related roles is desirable. It would also be beneficial, but not essential, to have a good understanding of Risk Management Frameworks.

Why choose us?


Bring your 'whole self', skills and dedication to the Phoenix Group and we'll recognise your effort, support your development and help to drive your ambition.

We'll ensure you're rewarded for your contribution with a compe