Summary of Position:
The role sits within the 2nd line of defence with responsibility for supporting the Group Risk Director and the Senior Group Risk Manager in:
· setting policy, providing advice and challenge to the first line of defence businesses and operations
· the effective identification, management and control of key risks to the Group, acting as a key enabler to achieving business objectives.
· driving and managing the Enterprise Risk Management (ERM) Framework across BMS Investment Holding Company Limited (BIHCL),
· providing oversight, review and challenge of the International locations and their risk profiles, and
· ensuring the ERM framework is fit for purpose, and aligned with business growth
Key responsibilities and accountabilities
· Assisting in the effective maintenance, application and on-going development of the Group’s Enterprise Risk Management (ERM) framework (including Risk Strategy, Risk Policies, Risk Management, Risk Register, Risk Appetite, and Risk Reporting)
· Conduct risk analysis through monitoring of emerging risks internally and externally within the business and regulatory environments for BIHCL
· Assist in ensuring that risk issues / events are being appropriately evaluated, investigated and resolved in conjunction with relevant business owners
· Analyse risk data and support the delivery of appropriate reporting to enable senior management to keep appraised of risk issues
· Support the preparation of quarterly reports for the relevant Risk and Compliance Committees and Boards
· Support the provision of effective oversight and challenge of BIHCL systems and controls (including the effectiveness of risk mitigation strategies)
· Forge a collaborative relationship with Compliance to drive continual improvement of the risk management framework
· Assist with the administration of independent control assurance information provided through 2nd line monitoring and 3rd line audit activity
· Maintain up-to-date working knowledge of regulatory requirements
· Support the delivery of risk management training when necessary
· Adhere to Group Minimum standards, policies and procedures
· Adhere to company and regulatory policies and procedures together with mandatory training requirements
· Assist as appropriate with the purchase and maintenance of BIHCL insurance programme
· Assist as appropriate in the governance and oversight of the BIHCL policy universe, including the maintenance of the policy management system
· Assist with the delivery of ad hoc risk management projects as required
Functional and Behavioural Competencies required:
· 1 or 2 years’ experience of risk management preferred
· Excellent IT skills and ability to pick up new systems quickly
· Analytical; problem solving capabilities with strong attention to detail
· Forward thinker and planner; proactive and uses initiative
· Adapts and responds well to change and pressure
· Communicates clearly; effectively interacts with others
· Personally demonstrate the five BMS values
o Accountable
o Entrepreneurial
o Collaborative
o Empowering
o Disciplined