Risk Manager

An exciting opportunity has arisen to join the UK Risk team!

You will be responsible for the review, support and development of the Enterprise Risk framework within EUI Ltd. 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

• Define and maintaining the suite of Risk Management Standards, which articulate the responsibilities and activities to be performed by the business for effective risk management aligned with internal and external requirements.
• Leading second line risk reviews on key current and emerging risks and controls, identifying, assessing, escalating, and reporting on potential risks, vulnerabilities, and issues to Admiral.
• Oversight of risk events throughout EUI, challenging the business on remediation and resolution of risk events, escalating any concerns as required.
• Performing trend analysis on incidents, risk events and near misses to identify weaknesses and opportunities for improvement across EUIs operational risks and controls.
• Facilitate and/or support stress tests and scenario analysis of key current and emerging risks.
• Assessing the adequacy and effectiveness of the Key Controls on current and emerging risks.
• Contribute to maintaining the Board Risk Register and Emerging Risk updates.
• 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.
• Support the production of reports on the EUI current and emerging risks for the Board Risk and Conduct Committee as well as other relevant committees.
• Provide consultancy and support to the business in managing risk within their areas via education and awareness sessions (workshops, additional training etc).
• Represent 2^nd line Risk in relevant Committees, working groups and meetings.
• 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.

Key Skills, Experience and Qualifications

• Previous experience in Risk Management, ideally within the financial services sector
• Strong commercial acumen with attention to detail, and demonstrated ability to work independently and contribute innovative ideas to the Risk function.
• Solid understanding of the regulatory landscape, macroeconomic environment, and risk management techniques, as well as confidence keeping up to date with relevant legislation and regulatory changes.
• Proactive and forward-thinking, able to act without direction, with the proven ability to make informed, effective decisions.
• Builds strong relationships and manages stakeholders effectively.
• Communicates clearly and appropriately across all levels, including senior leadership, with strong interpersonal and influencing abilities
• Quickly understands business challenges and identifies opportunities for improvement, alongside understanding and prioritising customer needs, both internal and external.
• Develops clear, logical approaches to tasks and challenges, and tackles problems methodically with a structured, step-by-step approach.
• Demonstrated ability to work independently and contribute innovative ideas to the Risk function.
• Professional risk management qualifications (e.g., IRM, FRM, PRM) highly desirable.

Please note - we may close this vacancy early if we receive lots of applications or business priorities change.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.

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