About the job
As AJ Bell continues its exciting journey of growth and innovation, we are enhancing our Risk department and seeking an accomplished Director of Enterprise Risk Management. This pivotal role will spearhead the Group's risk management initiatives during a transformative phase.
The Director will be responsible for the design, enhancement, and execution of our risk management framework, ensuring it is forward-thinking, proportionate, and fully aligned with our strategic goals and regulatory requirements.
This impactful position operates at the core of our organization, balancing strategic insight with practical execution. You will provide independent assessments and guidance to our leadership team, facilitating informed, risk-aware decision-making while fostering a robust risk culture.
Additionally, you will take ownership of our Governance, Risk, and Compliance (GRC) system, driving improvements in data quality, streamlined processes, and enhanced risk accountability throughout the organization.
Your collaboration with the Board, Executive Committee, and Risk and Compliance Committee will yield high-quality risk insights that ensure strong governance and positive customer outcomes.
Key Responsibilities:
Enterprise Risk Management and Strategy
- Lead the advancement of the Group’s risk management framework to meet FCA standards and support business growth.
- Develop and uphold risk taxonomy, policies, and supporting standards for consistency across the Group.
- Continuously align risk management practices with strategic objectives, regulatory changes, and best practices.
Risk Appetite and Decision Support
- Conduct regular reviews of the risk appetite framework to maintain relevance, measurability, and practicality.
- Integrate risk appetite metrics into strategic planning and decision-making processes across the organization.
- Provide independent second-line assessments on strategic initiatives, change programs, and new product proposals.
- Assist leaders in effectively understanding and managing risks, contributing to a strong risk-aware culture.
GRC System Leadership
- Serve as the business owner of the GRC system, ensuring its effective utilization across all areas.
- Drive automation, enhance data quality, and implement more efficient risk management practices.
- Offer guidance and training to first-line risk owners to maximize the GRC system's value.
Enterprise Risk Oversight
- Lead second-line oversight of critical risk categories, including strategic, operational, technology, and conduct risks.
- Coordinate the identification and assessment of emerging risks, including regulatory and market developments.
- Ensure timely escalation of risk issues and trends to senior management and governance committees.
- Oversee quarterly and annual risk reporting to the Board and senior stakeholders.