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Senior risk assurance executive

Cardiff
Development Bank of Wales
Posted: 13 May
Offer description

We are seeking a Senior Risk Assurance Executive to play a key role in supporting the development and ongoing effectiveness of our group-wide Risk Management Framework.

Acting as a trusted advisor to the Risk Assurance Director, you will provide independent second-line oversight of business risks, including emerging areas, while leading a structured programme of controls testing across the Group.

This is a high-impact role where you will coordinate assurance across priority risk areas, deliver insight to senior management and Board-level audiences, and act as the central point of contact for internal audit activity. Through close collaboration with stakeholders, you will help strengthen controls, enhance risk processes and promote a proactive risk culture across DBW.

Key responsibilities

* Lead the development and ongoing operation of the Risk Management Framework, including policies and procedures
* Design, implement and oversee the Group’s Controls Testing Framework
* Deliver high-quality reporting on risk registers, control effectiveness and KRIs for Board and committees
* Coordinate internal audit activity, including audit delivery, action tracking and validation
* Conduct regular testing of internal controls and drive improvements where needed
* Work with stakeholders to identify and remediate control weaknesses
* Support and deliver risk training to embed a strong risk culture across the organisation
* Contribute to emerging risk frameworks, including Third-Party Risk, AI and Operational Resilience
* Lead assurance-related projects and cross-cutting initiatives
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About you

Essential

* Experience leading risk and assurance activity within a regulated environment
* Strong experience producing reports for senior leadership or Board-level audiences
* Experience contributing to risk frameworks, policies or assurance programmes
* Strong knowledge of financial services regulation
* Excellent stakeholder management and influencing skills
* Strong analytical, organisational and communication skills
* Confident decision-maker who takes ownership of work from start to finish
* Strong attention to detail and ability to work with data (including Excel)

Desirable

* Understanding of internal controls and governance frameworks
* Experience delivering training or presenting to senior audiences
* Knowledge of AI, Operational Resilience or Third-Party Risk frameworks
* Experience undertaking research and producing briefings or advice

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