Senior Risk Officer (Pensions)

Pact Recruit Limited
Chesterfield, UK
21 Oct 2019
03 Nov 2019
Contract Type
Full Time
Senior Risk Officer

£28,000 - £45,000


Monday - Friday (9am-5pm)

Pact are delighted to be working with a fantastic Financial Services company who are looking for a Senior Risk Officer to join the business on a permanent basis. You will work with the business to develop and embed the compliance and operational risk frameworks and communicate a positive compliance and risk culture.

Role Overview:

This is an exciting new role within the Risk & Compliance team where you will play an important part in the development of the function, bringing fresh thinking, best practice and appropriate challenge, contributing to the growth and future success of the business.

This position will be supporting the Head of Risk and Compliance and requires a good understanding of pension administration operations and associated processes.

Role Responsibilities:

You will work alongside the Head of Risk and Compliance to develop the risk management framework, ensuring that it remains up to date and aligned to strategic objectives.
  • Work with the Head of Risk and Compliance to develop the risk management framework, ensuring that it remains up to date and aligned to strategic objectives.
  • Facilitates the implementation of an effective risk management, to include:
    • the process used to identity, measure, manage monitor and report risk
    • respond to actual and potential risk events
    • create a risk monitoring plan and conduct the monitoring and process controls reviews
    • produce management information to a high standard by the required timeframe for submission to the relevant Committee and/or Board
  • Working with all business areas to develop and maintain policy and documentation relating to risk management
  • Responsible for ensuring that all work is carried out to a high standard and completed in a timely manner
  • Oversee that all risk related policies are reviewed and approved on at least an annual basis
  • Keep own knowledge up to date on legal and regulatory changes and support any relevant training initiatives
  • Working with the Legal and Regulatory Change group to ensure that all regulatory and statutory requirements are implemented in Member Services
  • Provide pro-active challenge and risk opinion to proposed projects and business activities
  • As part of the Risk and Compliance team, act as a central point of reference, deal with complex cases and provide advice on regulatory compliance matters
  • Provide support to induction and other training including supporting new or updated corporate/internal policies
  • Build a strong working relationship with the Risk and Compliance team
  • Any other duties as required to support the Head of Risk and Compliance and its stakeholders.

Essential Experience/Skills:
  • Proven ability of understanding compliance and risk functions including legal and regulatory obligations within the pensions industry
  • Have significant experience of working within the Pension Sector
  • Strong analytical skills
  • Able to produce output to high standard within a specific timeframe
  • Experience of producing and delivering MI to senior management
  • Ability to interpret rules, regulations, statutes and policies and to identify potential problems
  • Excellent verbal and written communication/interpersonal skills, administration skills and organisation/planning skills
  • Good understanding of microsoft packages such as excel and powerpoint

  • Relevant compliance, risk and pensions qualifications eg IRM Certificate in Risk Management

  • 25 Days Holiday Entitlement (Increasing with length of service)
  • Competitive Pension Scheme
  • Free Onsite Parking
  • Cycle to work scheme
  • Health & Personal Accident Insurance
  • Discount Vouchers & Offers

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