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Operational Risk Consultant
4 weeks ago
**Job Type**:Permanent**Location and flexible working**:This role could be based in either our Edinburgh, Telford or Wythall (Birmingham) office on a hybrid basis. We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.
**Closing Date**:30 March 2023
**Salary and benefits**:£35,000 - £40,000 plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
**Job Contact**:Amanda Foskett
We have an incredible opportunity to join us here at Phoenix Group as an Operational Risk Consultant to join our Operational Risk team within Group Risk.
**Who are we?**
We want to be the best place that any of our 6,800 colleagues have ever worked.
We’re the UK’s largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
**The role**
Key Responsibilities
- Establish relationships with key stakeholders across the Group.
- Build relationships with Risk peers and senior managers across the Group to support the implementation of an effective Risk Management Framework for the Group
- Support delivery of respective team's responsibilities under the Group Risk Annual Plan, to fulfil the Group Risk Mission and Mandate.
- Contribute to risk reporting on risks to the Group, the effectiveness of the Risk Management Framework, risk exposures against appetite, and the appropriateness of actions taken to manage risk exposures and breaches of appetite.
- Review and challenge process, risk and control activities to determine effectiveness and report on weaknesses / exposure.
- Provide advice, independent opinion and assurance in alignment with the Group Risk's Mission to promote informed decision making and controlled risk-taking that improves customer outcomes and delivers long term value for shareholders.
- Analyse Risk MI to proactively identify gaps in risk management practice in aligned business areas and provide solutions to strengthen control / process weaknesses.
- Building close working relationships, gaining credibility and an appropriate level of influence in business areas.
- Managing a variety of Risk Management related tasks and activities concurrently, meeting expectations on agreed deliverables and timescales.
- Expressing technical information in plain language for stakeholders with a range of technical knowledge.
- Has access to appropriate documentation and systems to fully assess risks and controls.
**What are we looking for?**
Essential
- Experience of working in a similar role, specifically within Risk Management (1st, 2nd or 3rd Line).
- Extensive stakeholder management skills.
- Ability to analyse data and present findings.
- Highly organised.
Desirable
- Certifications - UK - The Institute of Risk Management, UK - Association Certified Fraud Examiners, UK - Chartered Institute of Securities and Investments
**We want to hire the whole version of you.**
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Find out more about #LifeAtPhoenix
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