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Swindon / Remote

The opportunity

As Senior Risk Manager, you will take responsibility for supporting the Director of Group Risk in the development and maintenance of the Group risk framework to help Openwork make strong risk-based decisions. You'll provide guidance and counsel to the Senior Management Team and Executive in the execution of their responsibilities and enhance the risk culture across the business. Providing independent oversight, assurance and challenge of risk management practices and control performance in the 1st line, this is a key role with impact from day one. 
The Benefits:
  • Salary - up to £80,000
  • Car allowance - £5,486
  • Bonus scheme - on target bonus -15%
  • Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
  • Critical illness cover
  • Income protection 
  • Death in service 
  • 25 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
  • A range of other flexible benefits to include private medical insurance, dental insurance and much more.
Key Accountabilities:
  • Producing risk assessments and reports for the Senior Management Team, Executive and Board Committees 
  • Support the Group Risk Director in ensuring that the risk and control frameworks of the Group and its businesses are operating effectively
  • Build and maintain effective, collaborative relationships with stakeholders
  • Drive ownership and understanding of the benefits of risk management across the business
  • Innovate and develop new risk approaches, utilising industry and subject knowledge and contacts
  • Lead the production of risk assessments and opinions for key business decisions, change initiatives and strategic initiatives 
  • Maintain the Group risk database, acting as lead administrator for user access and queries, and development of new functionality
  • Work with the business on maintaining risk and incident logs and escalating emerging issues as appropriate
  • Building and developing models to analyse and quantify the key risks facing the business
  • Assisting in managing the relationship with the outsourced internal audit function

What will you need to succeed?

  • Extensive experience working in risk or compliance in either a first line or second line capacity
  • Experience of working in a range of risk types (mixture of enterprise risk, operational risk categories or across financial, operational and compliance)
  • Experience in the financial services world would be preferred. 
  • Preferable experience producing stress testing or in scenario analysis techniques
  • A strong understanding of risk management concepts and practical application
  • Knowledge of the financial services industry or similar service industry propositions 
  • Awareness of a good range of products within the retail financial services sector
  • Understanding of the purpose and approach to the ICAAP process
  • Understanding of FCA regulatory policy and priorities
  • Excellent problem-solving skills and logical thinker
  • Well-developed communication skills to negotiate and influence internally with colleagues at all levels
  • A confident risk professional who is comfortable with working at all organisational levels and can command the respect of colleagues to demonstrate the benefits of risk management
  • Understanding the issues involved in running a business and the trade-off between risk and reward
  • Able to provide clear, pragmatic advice to other colleagues at all levels of the business
  • Effective business writing – keeping the complex simple
  • Ability to effectively assess priorities and deadlines
  • High self-confidence and motivation
  • Interpretive thinker to create/develop innovative solutions
  • Attention to detail and strong analytical skills including the ability to draw accurate conclusions from limited / incomplete data sets
  • Ability to visualise and articulate complex concepts to varied groups of stakeholders in a concise and structured manner

Why us?

We're a dynamic, fast-paced and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.

We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values and respects individuality and we are committed to building an inclusive culture and environment where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.

On top of offering a modern workplace with bags of development opportunities, we also offer a highly attractive benefits package to reward you for your hard work. This includes a competitive base salary, an industry-leading annual bonus, enhanced pension, critical illness cover, income protection and a range of other flexible benefits

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