Associate Director - Risk | Job in Somerset

In this pivotal role within our organization, you will join a dynamic and forward-thinking risk management team that is integral to the success of our business. As an Associate Director - Risk, you will play a critical part in shaping our risk strategy, ensuring regulatory compliance, and mitigating potential threats.

• Lead the development and implementation of the enterprise-wide risk management framework in alignment with industry best practices and regulatory requirements.
• Collaborate closely with various departments to identify, assess, and prioritize risks, ensuring that appropriate controls are in place to manage them effectively.
• Provide expert advice on risk management matters to senior leadership, contributing to informed decision-making across the organization.
• Drive continuous improvement of the risk function, fostering a culture of risk awareness and proactive risk management.
• Stay abreast of regulatory developments and emerging risks, ensuring that our risk management practices remain relevant and effective.
• Manage and mentor a team of risk professionals, fostering a high-performing and collaborative work environment.
• Proven experience in a senior risk management role within a complex organization, preferably in the financial services or similar industry.
• Strong understanding of risk management principles and regulatory requirements with the ability to apply this knowledge effectively in practice.
• Excellent analytical skills with the ability to evaluate complex risks and develop effective strategies to manage them.
• Strong leadership capabilities, demonstrated through successful team management and mentoring.
• Exceptional communication skills with the ability to articulate complex risk concepts clearly and persuasively to various stakeholders.
• A relevant undergraduate or postgraduate degree in a field such as finance, economics, business administration, or a related discipline. Professional qualifications in risk management, such as FRM or PRM, are desirable but not essential. This is an exciting opportunity for a highly motivated and experienced risk professional to make a significant impact on our organization's success. If you thrive on challenge, enjoy working collaboratively, and are passionate about risk management we would love to hear from you.

Position Overview

Our organization is seeking a dynamic and experienced Associate Director - Risk to join our team in the South West region. In this critical role, you will be instrumental in shaping and executing our risk management strategy, ensuring compliance with regulations, and mitigating potential risks across all business operations.

*Key Responsibilities: *

• Develop, implement, and continuously improve our enterprise-wide risk management framework.
• Lead the risk assessment process, identifying potential risks and devising appropriate mitigation strategies.
• Collaborate with cross-functional teams to ensure risk considerations are integrated into all business decisions.
• Monitor regulatory developments and ensure compliance with relevant laws and regulations.
• Provide insights and advice on risk-related matters to senior leadership, helping them make informed strategic decisions.
• Foster a culture of risk awareness and accountability within the organization.
• Oversee the risk management team, providing guidance, mentorship, and performance management.
• Participate in the development of our crisis management plans and procedures.
• Work closely with internal audit, finance, and other functions to ensure effective risk reporting and communication.
• Contribute to the continuous improvement of our risk management practices and processes.

*Qualifications: *

• A minimum of 10 years of experience in risk management, preferably within a financial services or similar regulated industry.
• Proven leadership abilities with a track record of managing high-performing teams.
• Strong understanding of regulatory requirements and compliance standards.
• Excellent analytical skills with the ability to interpret complex data and draw meaningful insights.
• Exceptional communication skills, able to articulate complex risk concepts clearly and effectively to various audiences.
• Demonstrated ability to collaborate effectively across functions and regions.
• A relevant undergraduate degree; advanced degree or professional qualifications in risk management or a related field are desirable. By joining our organization as the Associate Director - Risk, you will have the opportunity to make a significant impact on our business, while working in a dynamic, supportive, and intellectually stimulating environment. If you are passionate about risk management and ready to take your career to the next level we would love to hear from you.

*Application Process: *

Please submit your resume, cover letter, and relevant work samples via our online application system. We will review applications on a rolling basis until the position is filled. Successful candidates will be contacted for interviews on a regular basis. We are an equal opportunity employer and value diversity in our team. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We welcome applications from all qualified individuals.

Skill Requirements

In this challenging and rewarding role as the Associate Director of Risk within our dynamic organisation we seek an exceptional professional with a robust understanding of risk management principles and strategies. The ideal candidate will play a pivotal role in shaping and executing our risk management framework, ensuring the sustainability and growth of our business operations.

*Key Responsibilities: *

• Lead and mentor our Risk Management team, fostering a culture of continuous improvement and risk awareness across the organisation.
• Develop, implement, and monitor effective risk management policies, processes, and systems that align with industry best practices.
• Collaborate with various departments to identify and assess potential risks, devising appropriate mitigation strategies where necessary.
• Provide insightful risk analyses and reports to senior leadership, ensuring they are equipped to make informed decisions.
• Oversee the development of our enterprise-wide risk appetite and ensure that all business activities align with this framework.
• Stay abreast of evolving regulatory requirements and industry trends, proactively integrating these insights into our risk management strategy.
• Foster strong relationships with key stakeholders, both internally and externally, to facilitate effective communication and collaboration around risk matters.
• Champion a culture of learning and innovation within the Risk Management function, driving continuous improvement and efficiency.

*Qualifications & Experience: *

• Proven experience as an Associate Director or similar role in Risk Management within a large-scale organisation.
• In-depth knowledge of risk management principles, methodologies, and industry best practices.
• Strong understanding of relevant regulatory requirements in the South West region.
• Exceptional leadership abilities with a proven track record of mentoring and developing high-performing teams.
• Excellent analytical skills with the ability to interpret complex data and draw meaningful conclusions.
• Outstanding communication skills, both written and verbal with the ability to engage effectively with diverse stakeholder groups.
• Strong strategic thinking capabilities with a focus on driving business growth while mitigating risk.
• A relevant bachelor's or master's degree in Risk Management, Finance, Economics, or a related field. Professional certifications such as Certified Risk Manager (CRM), Certified Financial Risk Manager (CFRM), or similar are highly desirable. In joining our team as the Associate Director of Risk, you will be offered an exciting opportunity to shape the future of our organisation and make a tangible impact on its long-term success. If you possess the skills, experience, and passion we seek we would love to hear from you.

Who We Are Looking For

In our dynamic and forward-thinking organisation we are seeking an exceptional individual to join us as an Associate Director - Risk. This is a fantastic opportunity for an experienced risk professional who is passionate about driving strategic initiatives and fostering a culture of risk awareness across the business.

*Role Overview *

As an Associate Director - Risk, you will play a pivotal role in our organisation's success by identifying, assessing, and mitigating various risks that could potentially impact our operations and strategic objectives. You will work closely with senior leadership to establish risk management frameworks, policies, and procedures that align with best practices and regulatory requirements.

*Key Responsibilities *

• Develop, implement, and maintain comprehensive risk management strategies and programs.
• Identify, assess, and report on various risks across the organisation, including financial, operational, strategic, and compliance risks.
• Collaborate with business units to ensure effective risk identification, evaluation, and mitigation.
• Lead the development of risk reporting mechanisms, providing timely and insightful reports to senior management.
• Stay abreast of industry trends, regulatory changes, and best practices in risk management.
• Foster a culture of risk awareness and accountability within the organisation.
• Contribute to strategic decision-making by providing insights on potential risks and opportunities.
• Develop and maintain strong relationships with internal and external stakeholders.

*Qualifications *

• Bachelor's degree in Risk Management, Finance, or a related field; advanced degree preferred.
• Proven experience in a risk management role, preferably within a financial services organisation.
• In-depth understanding of risk management principles and best practices.
• Strong analytical skills and the ability to interpret complex data.
• Excellent communication skills with the ability to articulate complex risk issues clearly and concisely.
• Strong leadership skills and the ability to manage and motivate teams.
• Familiarity with relevant risk management frameworks and regulatory requirements.
• Proficiency in risk management software and tools. If you are a strategic thinker a strong leader, and a dedicated risk professional looking to make a significant impact in an innovative organisation we would love to hear from you! Join our team and help shape the future of risk management in the South West region.

Routine Tasks

In this role as Associate Director - Risk within our dynamic and forward-thinking organisation, you will be expected to perform a variety of key tasks on a daily basis to ensure the effective management of risks and maintain a strong risk culture.

• *Risk Assessment and Management:

Regularly assess and evaluate potential risks across various business functions. Develop and implement strategies to mitigate these identified risks in collaboration with relevant teams.

• *Policy Development and Compliance:

Contribute to the development, refinement, and implementation of risk management policies and procedures that align with industry best practices and regulatory requirements. Ensure compliance with these policies throughout our organisation.

• *Risk Reporting and Analysis:

Prepare and present comprehensive risk reports for senior management, board members, and other stakeholders. Analyse these reports to identify trends, potential risks, and opportunities for improvement in our risk management strategy.

• *Stakeholder Engagement:

Build strong relationships with key internal and external stakeholders, including senior executives, regulatory bodies, and auditors. Collaborate with them to ensure effective communication of risk-related matters.

• *Training and Development:

Lead training sessions for various teams across the organisation on risk management best practices, ensuring that all employees have a solid understanding of their roles in managing risks effectively.

• *Risk Monitoring and Review:

Regularly review and update our risk management framework to ensure its continued effectiveness in light of changing business circumstances and new risks. Conduct regular audits and reviews to identify areas for improvement and implement necessary changes.

• *Crisis Management:

Lead the organisation's response to significant risk events, managing the crisis effectively and ensuring minimal impact on our operations and reputation.

• *Project Management:

Oversee risk-related aspects of key projects within the organisation, ensuring that risks are identified, assessed, and managed effectively throughout the project lifecycle. In this role, you will play a crucial part in shaping our risk management strategy and ensuring the long-term success and stability of our organisation. Your expertise and leadership will be vital in helping us navigate an ever-changing risk landscape and achieve our strategic objectives.

Company Background

Our organization is a leading player in the risk management industry with a strong reputation for delivering innovative solutions and exceptional service to clients across various sectors. With over two decades of experience we have grown organically, expanding our geographical reach and broadening our expertise to meet the evolving needs of our clients. We pride ourselves on our collaborative culture where ideas are shared freely and collaboration is encouraged at all levels. Our team comprises seasoned professionals with diverse backgrounds, enabling us to provide comprehensive risk management advice tailored to each client's unique requirements. As we continue to grow we are committed to maintaining the high standards that have defined our success thus far. We invest heavily in research and development to stay ahead of industry trends and ensure our clients receive the most up-to-date and effective risk management strategies. In line with our expansion plans we seek an experienced Associate Director - Risk to join our dynamic team based in the South West region. If you are a forward-thinking risk professional with a passion for delivering exceptional results we invite you to explore this exciting opportunity with us.

Offered Benefits

In joining our dynamic and forward-thinking team as an Associate Director - Risk, you will be eligible for a comprehensive benefits package that supports your professional growth and personal wellbeing. Here are some of the key perks we offer:

*Competitive Salary

• : We believe in attracting top talent by offering competitive remuneration packages that reflect the value and impact our employees bring to the organization.

• *Comprehensive Healthcare

• : Your health is crucial, which is why we provide a range of medical, dental, and vision plans to ensure you have access to quality care when you need it.

• *Retirement Plans

• : Prepare for your future with our robust retirement savings plan, designed to help you save efficiently and securely for your golden years.

• *Flexible Work Arrangements

• : Balance work and life by taking advantage of flexible work hours and remote working options that accommodate your personal needs.

• *Professional Development

• : Continuously grow and learn with our extensive training programs, workshops, and opportunities for career advancement within the organization.

• *Paid Time Off

• : Recharge and rejuvenate with generous vacation days, sick leave, and company holidays to ensure you have time for rest and relaxation.

• *Employee Assistance Program (EAP)

• : Navigate life's challenges with confidence through our EAP offering counseling services, work-life resources, and legal guidance to help you manage personal or professional issues.

• *Wellness Programs

• : Prioritize your wellbeing by participating in fitness programs, mental health resources, and wellness initiatives designed to promote a healthy lifestyle.

• *Employee Discounts

• : Enjoy exclusive discounts on various products and services through our employee benefits portal, saving you money on everyday essentials and more.

• *Recognition & Rewards

• : We celebrate the achievements of our employees with regular recognition events, rewards, and incentives to foster a positive and engaging work environment.