Enterprise Risk Specialist
Found in: beBee jobs GB - 2 weeks ago
Location:
Potters Bar or London
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies.
We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Profile:
Part of Canada Life's 2nd Line of Defence, the Enterprise Risk Management Team support the Chief Risk Officer and Head of Enterprise Risk Management in providing Enterprise Risk expertise, challenge and oversight to the business and shared service units within the UK Group.
Working in liaison with other elements of the 2nd & 3rd Lines of defence to ensure a co-ordinated approach, the Team operates in an internal consultancy style to support robust, risk-based decision making by senior management, and ultimately the Boards, within the UK Group.
Core activities that this role supports include delivery and maintenance of the Enterprise Risk Management Framework - which includes oversight of Risk Culture (e.g., risk behaviours self-assessments, risk training and communication), Risk Appetite Framework (e.g., KRIs, risk markers and risk profile assessments), Risk Governance (e.g., championing the 3LoD model), Risk Infrastructure & Policies (e.g., GRC and operating policy compliance), and Risk Processes (including Risk Events, RCSAs, Operational Risk Scenarios, Emerging Risks and Risk Reporting).
This role includes provision of risk training to the business to enable the embedding of the enterprise risk management framework, 1st line ownership of risk and 2nd line execution of oversight and challenge.
The full range of responsibilities are detailed below, with each role-holder being provided with their focused activities for the year, through the objective setting exercise.
Responsibilities:
1)
Support the coordination and evolution of risk identification, measurement, management, monitoring and reporting activities across the UK Division, including:
o Co-ordinating, reviewing and challenging the RCSAs submitted from all business units, on at least a quarterly basis. Ensure that material challenges are recorded and evidenced.
o Reviewing and assessing the content of the GRC and challenging the 1st Line Business Units and 2nd Line colleagues on overdue action plans, incomplete RCSAs, risk reviews and other assessments tracked in GRC.
o Ensure that emerging risks are captured by the 1st Line within the RCSA process and contribute to UK Group, Regional and LifeCo emerging risk workstreams.
o Communicating 2nd Line reporting requirements, and any changes to the requirements, on a regular basis to Business Partners and 1st line management as required.
2)Responsible for supporting operational risk reporting across the UK Division, including:
o Collation and reporting of operational risks across the UK Division, including appropriate analysis and commentary, linking into wider reporting, such as the quarterly CRO report.
o Ensuring that 1st Line reporting maintains integrity with, and fully supports the requirements of, the Internal Control Policy.o Ensuring appropriate linkage between operational limits and operational capital requirements.
o Ensure that all required Regional (e.g., CLG) and Group (e.g., LifeCo) reporting requirements are met, including facilitating any processes to aggregate UK reporting to the required Regional/Group level.
3)Support risk oversight by 2nd line of defence over UK Divisional activity, including:
o Participating in delivery of the annual assurance review plan for the Risk & Compliance Function
o Support the maintenance and evolution of tools and processes that underpin the business's assurance of compliance with, and attestation to, the suite of operating policies and supporting standards and guidelines.
This includes oversight and challenge of policy owners' effective communication of their requirements for policy compliance.o Ensuring that business areas commit to actions and implement these in a timely fashion to address control deficiencies, particularly following a loss or near-miss event.
o Coordinate, drive and review inputs to the operational risk capital assessment process, including challenging 1st Line scenarios and resultant modelling outputs.
Ensure that changes to operational risk scenarios are reviewed and agreed to by 1st line management.o Review & input to operational risk components of the ORSA, thereby supporting the annual process.
o Support any additional stress & scenario testing exercises as required, e.g., Reverse Street Testing, Regional / LifeCo scenarios.4)
Risk Advisory:
Support the Head of Enterprise Risk Management in ensuring the success of the wider Risk & Compliance Function, engaging with the full range of stakeholders where appropriate, and providing advice to the business on operational and strategic risk matters.
5)Risk Oversight and Assurance:
Responsible for the process and activities in relation to providing oversight and assurance of any initiatives and/or special projects being carried out across CLL and outsourced service providers.
6)Supporting Risk & Compliance Function Colleagues:
Provide enterprise, operational and strategic risk support to other members of the Risk & Compliance Function 7) 3LoD champion: Championing the three lines of defence model for risk management across CLL to help support the implementation, embedding and maintenance of all aspects of an effective, pragmatic and appropriate enterprise risk management framework
Experience Required:
- Experience in life insurance industry preferred, though would consider wider financial services sector experience
- Experience in managing operational risks and the various approaches to monitor, model and report on operational risks
- Experience of 2nd line of defence risk oversight activities
- Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management. Attention to detail.
- Experience of engaging with senior management in order to get desired outcome
- Good knowledge of operational risk modelling and reporting, as part of a wider enterprise risk management framework and associated regulations, including Solvency II
- Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders
- Proven track record at delivering reporting requirements under tight time pressure
- Self-motivated, well-organised, pragmatic and able to perform tasks independently.
- Relevant risk management qualification (desirable)
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed.
As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance.
We have a fantastic number of other benefits and support services as well as regular personal and professional development.How we work at Canada Life
Our culture is unique and incredibly important to us.
We care about doing the right thing for our people, customers and community and helping others to build better futures.
Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others.Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us.
We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.
"At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UKWe appreciate that everyone has different work and life responsibilities.
We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.
-
Potters Bar, Hertfordshire, United Kingdom Canada Life Full timeEnterprise Risk Specialist Canada Life Limited Potters Bar, United Kingdom Posted 5 hours ago Permanent Competitive Location: Potters Bar or London Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees...
-
Enterprise and Security Architect
3 days ago
Hertfordshire, United Kingdom Hyper Recruitment Solutions Ltd Full timeKEY DUTIES AND RESPONSIBILITIES: The Enterprise and Security Architect will be part of the Senior IT leadership group. The role is responsible for leading guidance and expertise across Technology and Security opinion through the implementation of recognised best-practice frameworks and governance,to take advantage of Digital and Technology opportunities...
-
Senior Compliance and Risk Analyst
3 weeks ago
Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full timeLocation: Potters Bar or London Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Canada Life UK is transforming to create a more...
-
Cyber Risk Manager
3 weeks ago
Hatfield, Hertfordshire, United Kingdom Computacenter (UK) Ltd Full timeLife on the team Our Group Information Assurance function is responsible for the security management of Computacenter’s information assets and those of our Managed Service customers. Our mission statement is: To facilitate the identification and operation of all applicable requirements to security compliance, safeguarding valued and valuable...
-
Manager, Quality
3 weeks ago
Hatfield, Hertfordshire, United Kingdom Computacenter (UK) Ltd Full timeOur Group Information Assurance function is responsible for the security management of Computacenter’s information assets and those of our Managed Service customers. To facilitate the identification and operation of all applicable requirements to security compliance, safeguarding valued and valuable information. We work in collaboration with the business...
-
Unix Build Engineer
1 week ago
Hertfordshire, United Kingdom Hays Specialist Recruitment Limited Full time6-Month Contract (with view to extend) Hertfordshire Outside IR35 SC or DV Clearance Required **Your new role**Our client is a global organisation looking for experienced specialists in Unix builds. As a UNIX Build Engineer, you will be involved with large scale infrastructure transition and transformation projects relating to specific infrastructure systems...
-
Risk and Compliance Business Partner
2 weeks ago
Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Canada Life UK is transforming to create a more customer-focused business by providing our...
-
Dynamics Specialist
1 week ago
Borehamwood, Hertfordshire, United Kingdom Addition+ Full timeWe are currently recruiting for one of our trusted clients for the role of a Complaints Resolution Specialist . Join our client, a leading player in the pet health services and insurance industry, as they aim to secure the coveted position of the UK's #1 Pet Insurer. Work Type –Permanent Location – Borehamwood (Hybrid) Main Responsibilities as a...
-
Telephone Bdm
13 hours ago
Hertfordshire, United Kingdom Coast Specialist Recruitment Full timeA London quality client is looking for a Telephone Business Development Manager (TBDM) to join their expanding team The role initially will be 3 days in the office for the first 4 weeks for training, then it will only be ONCE a month **Job Purpose**: **Principal Duties**: - Promote the Society’s mortgage products, proposition and services to...
-
Service Improvement Specialist
3 weeks ago
Watford, Hertfordshire, United Kingdom Brook Street Full timeOur client is looking for a service improvement specialist to join the busy team located in a head office in Watford. The Service Improvement team is responsible for continually reviewing the effectiveness, efficiency and quality of Customer Operations activities and services. The team is also responsible for optimising the customer experience and...
-
FP&A Manager
2 weeks ago
Dacorum, Hertfordshire, United Kingdom Think Specialist Recruitment Full timeAre you an experienced FP&A Manager or Senior Financial Planning and Analyst candidate with a retail background? A medium sized business in Hemel Hempstead is looking for a Senior FP&A candidate to join their business with experience in a multi-site company. This is a new role to the business and requires someone who can tell the story behind the business'...
-
Project Officer
3 weeks ago
Hitchin, Hertfordshire, United Kingdom UNIVERSITY OF CENTRAL LANCASHIRE Full timeWe are looking for two Senior Projects Officers to work within our Research and Enterprise Service. The post holders will work on a number of externally funded projects providing project co-ordination for project delivery adhering to the funder guidance and contracts and supporting the delivery teams. These posts will support multiple projects working in...
-
Specialist Support Services Administrator
3 weeks ago
Watford, Hertfordshire, United Kingdom Brook Street Full timeOur client is looking for a service improvement specialist to join the busy team located in a head office in Watford. The Service Improvement team is responsible for continually reviewing the effectiveness, efficiency and quality of Customer Operations activities and services. The team is also responsible for optimising the customer experience and...
-
Hertfordshire, United Kingdom Safer Places Full time**Closing Date: Midday 11/08/2023** **Job Title: Specialist Refuge Domestic Abuse Practitioner** **Location**:Hertfordshire **Full-time and part-time roles available** **Salary**:£23,139 - £27,444 (pro rata for part-time) pa** **Report to**: Service Manager **Responsible for**: May oversee work of volunteers At Safer Places our team is our most...
-
Complaints Resolution Specialist
1 week ago
Borehamwood, Hertfordshire, United Kingdom Addition+ Full timeJob Description We are currently recruiting for one of our trusted clients for the role of a Complaints Resolution Specialist . Join our client, a leading player in the pet health services and insurance industry, as they aim to secure the coveted position of the UK's #1 Pet Insurer. What You Can Expect Work Type –Permanent Location –...
-
Watford, Hertfordshire, United Kingdom TJX EUROPE Full timeWe are part of the TJX Family which includes TK Maxx, and Homesense in Europe and the UK and across the rest of the world you will find us as TJ Maxx, Marshalls, HomeGoods, Sierra and Winners.Every day is an opportunity to discover something new about our business, our partnerships and even something exciting about yourself. The Merchandise Compliance Team...
-
Cyber Security
4 days ago
Hatfield, Hertfordshire, United Kingdom Hays Technology Full timeYou will be overseeing the development and enforcement of cyber security protocols. You will have the opportunity to lead a Cyber Security team in safeguarding systems by managing threat protection infrastructure and ensuring compliance. Analyse and report on cyber threats, advising on risk mitigation and legal adherence to enhance security measures. ...
-
Dynamics Specialist
1 week ago
Stevenage, Hertfordshire, United Kingdom GlaxoSmithKline Full timeSite Safety Specialist GSC R&D Engineering Services provides Facilities Management and Capital Projects delivery for Technical R&D sites within GSC's Engineering and EHS organisation. The Site Safety Specialist will establish and maintain a culture that embraces safe working, protection of the environment, a sustainable healthy workforce and continuous...
-
Training Engineer
3 weeks ago
Watford, Hertfordshire, United Kingdom La Fosse Associates Full timeMajority Remote – 1 day per month on site Looking for a DevSecOps Specialist needed for a large-scale transformations programme. Recent Engineering experience, working on enterprise level solutions. Experience building and maintaining toolsets. Strong knowledge of AWS Security, particularly around key AWS controls
-
Actuary / Senior Actuary
Found in: Jooble UK C2 - 3 weeks ago
Potters Bar, Hertfordshire, United Kingdom Canada Life Group (UK) Ltd (The) Full time6 month Fixed Term contract (not day rate) Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Canada Life UK is transforming to create a more...
