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.
1. 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.