Working with the senior management team in Enterprise Risk, the Associate Director - Enterprise Risk Management will be charged with the responsibility for driving the development, ongoing enhancement and oversight of the Enterprise Risk Management Framework across the Waystone Group enabling appropriate insight, escalation, reporting and engagement within the Enterprise Risk team, senior management and relevant Boards.
This role, as part of the Enterprise Risk Team, has the following responsibilities:
- Risk Management Framework and Controls Assurance Oversight
- Oversee the embedding of the Enterprise Risk Management Framework (ERMF) across the Group including risk identification, assessment, monitoring, escalation and reporting, working closely with first line stakeholders to support effective ownership.
- Drive the implementation and continuous improvement of the Group's Control Assurance framework as a core element of the ERMF ensuring clear linkage between risks, controls and assurance activity.
- Lead the design, rollout and embedding of 1LOD Controls Self-Assessments (CSA) across the Group ensuring consistency of approach, quality of outputs and meaningful risk and control insight.
- Plan and execute periodic risk based 2LOD testing and assurance activities through the Controls Assurance Assessment Programme (CAAP) assessing both control design and operating effectiveness.
- Oversee bi-annual Risk Control-Self Assessments for the Core Function teams ensuring robust challenge, consistency of application and alignment with the RMF.
- Contribute to the ongoing evolution and maturity of the RMF including enhancements to methodologies, standards, tooling and documentation.
Risk MI and Reporting
- Design, develop and enhance Risk Management Framework dashboards and risk reporting for senior management, Risk Committees and Boards.
- Generate clear structured and actionable risk insight within the Enterprise Risk team in particular through Control Assurance testing including CSA, RSCA and CAAP.
Risk Culture
- Build strong relationships across Business Units, Core Functions and jurisdictions acting as a trusted second-line partner.
- Promote a consistent risk and controls culture across the Group through engagement, communication and training initiatives.
- Contribute to the ongoing maturity and strategic development of the Enterprise Risk function.
Education
An internationally recognized professional qualification.
Strong academic background including a Degree in Finance/Business/Economics or related field.
Experience
- Experience in enterprise risk, compliance, or process / control auditing ideally within a regulated environment.
- Strong analytical and critical thinking capability with the ability to synthesise information and identify key risk themes.
- Demonstrated ability to build effective relationships and work collaboratively across functions and levels of seniority.
- Proven ability to apply independent judgment with a proactive and pragmatic approach to risk management.
- Ability to operate effectively in a fast-paced environment managing multiple priorities.
- Proficient in the use of Power BI for data visualization and risk reporting.
- Strong attention to detail with a high standard of documentation discipline supported by Strong MS Office skills.
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