Risk Manager UK

The Associate Director (Risk Manager) is responsible for supporting the GB Chief Risk Officer (CRO) and broader ERM team in embedding risk management practices across WTW, working closely with senior management in the business and corporate functions. 
Part of the wider Enterprise Risk Management Function, reporting to the GB CRO, the Risk Manager will be responsible for the delivery and leading key risk management activities within the annual risk plan as well as providing support to the CRO in the assessment of strategic initiatives, capital assessment and new products.
 

The Role

Holding a designated FCA Certified Persons role, you will be responsible for:

Lead the implementation and embedding of the WTW ERM Framework in GB 
Representing the ERM team at relevant governance forums
Producing quarterly relevant Committee and Board risk reporting
Supporting the setting, monitoring and reporting of risk appetite against Top Risks
Partnering with the Geography business and corporate functions’ Risk Co-ordinators and leaders on all aspects of the ERM Framework i,e, risk incident, issues and action management including embedding the new Governance, Risk and Compliance system
Overseeing the risk & control assessment process with business and corporate function Risk Co-ordinators
Coordinating the regulatory capital assessment and reporting process, working with Finance and other relevant areas functions.
Providing oversight and challenge on key risks and strategic action plans to address risks 
Conducting risk assessments of new products and strategic initiatives, working with the business and control functions e.g. Compliance and Legal
Assisting in the identification, assessment and monitoring of emerging risks
Providing advice, guidance, training and tools to support the adoption, operationalisation and embedding of the ERM Framework, policies and practices
Lead risk deep dives as required
 

This is a Certification Function role under the Financial Conduct Authority’s (FCA’s) Senior Manager and Certification Regime. Candidates are required to be assessed under the Fitness and Proprietary standards. This assessment will be carried out through self-disclosures, permitted criminal record checks, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety. This role will additionally be subject to the FCA’s Conduct Rules.

The Requirements

Educated to degree level or equivalent and with a relevant professional qualification - Associate of the Institute of Chartered Accountants (ACA) or equivalent or Associate of the Institute of Insurance (ACII) or IRM Diploma in Risk Management
Strong ERM experience, working in a similar position within complex organizations in a regulated environment, (preferably, health, wealth, insurance or broking sector)
Strong knowledge of ERM and demonstrated ability to apply and embed ERM principles and practices in a proportionate way
Strong understanding of FCA regulation Threshold Conditions requirement and corporate governance
Strong stakeholder management
Team player, excellent interpersonal and influencing skills and collaborative approach 
Good problem-solving skills
Can-do’ mentality, practical and hands-on working style 
Good planning and organisational skills
Delivery focused – ensuring outcomes/commitments delivered in a timely manner
Excellent attention to detail in all written material

This is a Certification Function role under the Financial Conduct Authority’s (FCA’s) Senior Manager and Certification Regime. Candidates are required to be assessed under the Fitness and Proprietary standards. This assessment will be carried out through self-disclosures, permitted criminal record checks, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety. This role will additionally be subject to the FCA’s Conduct Rules.

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.