EUI Risk Executive

Job Purpose:

The role holder will be responsible for the review, support and development of the Enterprise Risk framework within EUI. This will involve reviewing and challenging the business to ensure that risks are identified, managed, measured and controlled, optimising EUI’s ability to balance risk and reward.

Main Duties:

• Facilitate regular risk reviews, monitoring of risks, against risk appetite, KRIs and loss data.
• To support the ongoing management of operational risk, ensuring current processes remain fit for purpose and support the management and mitigation of any exposures.
• Provide consultancy and support managers in managing risk within their areas via education and awareness sessions (workshops, additional training etc).
• Promote and embed enterprise risk management (ERM) processes, awareness and understanding across EUI in order to minimise customer detriment and financial losses.
• Produce analysis and reporting of the risk and control environment ensuring timely identification of themes and emerging risks, issues and exposure and provide recommendation for action to allow reporting to relevant Committees.
• Represent 2nd line Risk in relevant Committees, working groups and meetings.
• Identify improvement opportunities to the Enterprise Risk Management Framework and contribute to their delivery.
• Assess the impact of change within EUI against our risk profile and support change initiatives and projects.
• Remain aware of leading practices on managing risk and keep up to date on current industry practises and implement change where needed within the development plan ensuring timely insight on industry thinking.
• Develop and maintain key stakeholder relationships across EUI.

This is not a full definition of the role but covers the main aspects and drivers for success.
Behavioural Competencies:

Professional Expertise:

• Posses the ability to make effective and informed decisions.
• Keep up to date with the latest legislation and regulations that apply to the department.

Initiative and pro-activity:

• Demonstrate an ability to seize opportunities without waiting for an event or having to be told.
• Quickly understands the business issues and challenges of the business.

Planning and Organising:

• The ability to develop clear, efficient and logical approaches to work.
• The ability to tackle issues and problems in a logical, step-by-step way.

Customer focus:

• The ability to understand the needs and priorities of customers (inside and outside the organisation) and the desire to meet their expectations.

Communication:

• Ensure that all communication is clear and appropriate for its intended audience.
• Able to communicate with employee’s of all levels including senior management.

Experience and Qualifications Required:

Essential:

• Commercially aware, proactive, forward looking, inquisitive and attention to detail.
• Working on own initiative, with the ability to introduce fresh thinking to the role and the wider Risk team.
• Excellent communication skills (both written and verbal) and stakeholder management.
• Excellent interpersonal and influencing skills.

Desirable:

• Educated to degree level.
• A strong understanding of the current regulatory landscape, macroeconomic environment and risk management techniques.
• Risk management qualifications are highly desirable.

Salary, Benefits and Work-Life Balance:

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're voted no. 1 in the 2019 Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

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