Head of Enterprise Risk

Do you have enterprise risk expertise and are you looking to build a career and make a difference - why not think about the Monmouthshire Building Society?

We’re on a journey to becoming an innovative, exciting, modern mutual and we’d love for you to join us. We have an ambitious 5-year strategy with strong growth plans and your role will play a crucial part in our success.

We are a community and values-based employer that puts both our people and our members at the heart of what we do. If you want to make a real difference to your community and career, then we’d love to hear from you.

An exciting opportunity has arisen in our Risk and Compliance team for a Head of Enterprise Risk. The Head of Enterprise Risk will lead the development, maintenance and promotion across the Society of an Enterprise Risk Management Framework that is demonstrably fit for purpose and ensures that material risks are well understood and managed within the Board’s Risk Appetite.

**What we will offer you as one of our valued colleagues**
- 28 days’ holiday, plus bank holidays and a day off on your birthday to help you celebrate
- A car allowance of £5,500 per annum
- Option to purchase additional holidays - up to 5 additional days.
- Opportunity to work in an agile way to include home working, after your training has been completed.
- A commitment to your ongoing training and development including our internal rotational development programme (optional after successful completion of probation).
- Up to 14 Hours of paid Society leave to volunteer for a local community initiative each year
- ‘Dress for your Day’ approach when in the office.
- Various health and wellbeing benefits such as 24-hour Employee Assistance Programme, subsidised flu jabs and eye tests.
- Private healthcare (optional from day 1).
- Generous Stakeholder Pension Scheme - where the Society contributes a massive 10% on top of your 3% contribution
- Life Assurance - 4 times your basic salary life cover for pension scheme colleagues
- Critical illness cover
- Dental cover
- Health cashplan cover (optional)?

**What will you be doing?**

As the Head of Enterprise Risk, you will be responsible for:

- Leading the development, maintenance, and promotion across the Society of the Enterprise risk management framework and corresponding risk appetite, processes/frameworks and systems.
- Development and production of consolidated risk reporting to principal risk committees including Board, ensuring risk reporting is of high quality and insightful.
- Combined assurance, mapping and reporting activities, managing the relationship with 3rd party Internal Audit and ensuring a comprehensive and joined up approach is taken to the Society’s key controls and mitigation.
- Value-adding oversight and support of the strategic planning process, strategic risk register and emerging risk register.
- Value-adding oversight of strategic and other change, representing second line on CAB for operational risk.
- Providing challenge and oversight to senior leaders, influencing Risk Committee and Board
Attending Risk Committee meetings and present standing papers and periodic updates to the Board.
- Owning the relationship with key third parties (Risk System Riskonnect), PwC IA and leading on oversight of Third-Party Management and Operational Resilience for second line.

**What type of person will you need to be?**

Knowledge of the regulatory environment in relation to financial services and expertise and/or qualification in one or more relevant specific areas (e.g., Information Security) is desirable although not essential.
- Just let us know if you need any reasonable adjustments made to our recruitment processes, we’ll try to accommodate them._
- We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies. _

**Our roles often generate a lot of interest and can close early so don't miss out this opportunity to apply**

**_ As a financial services organisation regulated by the PRA and FCA our staff must be honest, financially sound and maintain high levels of competence and capability in their role. Therefore our pre-employment checks include adverse credit checks and criminal records checks (DBS checks) for all roles. DBS checks are at a basic disclosure level for the majority of roles but at the standard level for certain roles covered by the Certification and Senior Managers Regime._