Enterprise Risk Manager
Location: Buckinghamshire
Salary: Up to £70,000 + Benefits
Type: Permanent, Full-time
Sector: Financial Services / Life & Pensions
Overview
An established and growing financial services provider is seeking an Enterprise Risk Manager to join its second line risk function. The role offers a fantastic opportunity to influence and mature the enterprise risk management framework during a key period of growth, following entry into the bulk annuity market.
Reporting to the Chief Risk Officer, the successful candidate will play a central role in strengthening the company’s operational and enterprise risk oversight capabilities, enhancing MI and system usage, and supporting business-wide risk governance.
Key Responsibilities
ERM Framework & Policy
Support the development, documentation, and delivery of the enterprise risk management framework.
Act as the second line lead on the risk system (e.g., RiskConnect), ensuring effective usage and reporting.
Maintain and update risk policies in line with group standards, ensuring accessibility across the organisation.
Risk Incident & RCSA Oversight
Oversee the risk incident management process, including action tracking and root cause analysis.
Deliver regular MI on incidents and RCSA results to governance committees.
Conduct quality assurance over the RCSA process and evaluate business unit action plans.
Second Line Oversight
Review and challenge strategic, commercial, and change proposals.
Provide oversight of third-party risk management carried out by the first line.
Conduct risk assessments and deep dives across key areas of operational and customer-related risk.
Support the CRO in the ongoing maintenance of the risk appetite framework and identification of emerging risks.
Risk Reporting & ORSA
Develop and deliver high-quality risk MI, working with stakeholders to validate data and ensure insight.
Contribute to the review and monitoring of risk appetites, stress scenarios, and key metrics.
Assist in the planning and drafting of the ORSA Report, coordinating input and providing supporting analysis.
Risk Culture & Training
Identify and support delivery of risk training across the business.
Promote strong risk culture and awareness throughout the organisation.
Essential Experience & Skills
Background in financial services – ideally life, pensions, or insurance.
Strong working knowledge of operational and enterprise risk frameworks.
Experience with RCSA, incident management, and root cause analysis.
Familiarity with risk systems (e.g., RiskConnect) and developing risk MI/reporting.
Effective communicator with the ability to work across all levels of the business.
Self-motivated, well-organised, and able to work independently in a fast-paced environment.
Desirable
Experience in a second line risk function.
Knowledge of ORSA and risk appetite frameworks.
Experience contributing to risk governance and board reporting.
Working Environment
Contractually office-based, with flexibility depending on location and seniority.
Ideally 4 days per week in-office.