Location: Dublin /Hybrid working
Job type- Fixed Term Contract/Secondment
Who are we?
We want to be the best place that any of our 7,400 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business.
We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure.
Around 1 in 5 people in the UK has a pension with us.
We're a FTSE 100 business that is tackling key issues such as transitioning our portfolio to net zero by ****, and we're not done yet.
At Standard Life, we are committed to helping people live a life of opportunity.
That's why we encourage initiative and proactive thinking and action.
Because there's nothing, we value more than actively facing the future, rather than just looking forward to it.
On the way there, exciting tasks and considerable scope for decision-making await you in an international environment.
If you would like to work in a growing, ambitious, and dynamic company, you have come to the right place
The role
We have an incredible opportunity to join us here at Phoenix Group as a Risk Consultant to join our European Risk Team.
Reporting to the Head of Risk Management, this role is responsible for implementation and embedding of a 'fit for purpose' Operational Risk Management (ORM) framework.
The operation of this framework will be consistent with the expectations of a 'High Impact' firm under the Central Bank of Ireland's (CBI's) PRISM supervision framework.
This will involve interactions across all areas of the business with a particular focus on Operational Risk Management and best practices in Risk and Control Self Assessment (RCSA).
Key Responsibilities:
Responsible for supporting the operation of the ORM framework, including:
Oversight, check / challenge of Incidents and Near Miss recording with root cause analysis and lessons learned;
Annual challenge / review of suite of risk policies;
RCSA facilitation and challenge;
Driving appropriate usage of Risk Administration System;
Advanced user of the Risk Administration System;
Working closely with Line 1 Risk & Governance representatives across the business; and Support and delivery of training presentations on risk management related topics.
Assist in the production, development and enhancement of Risk Reporting for use within the necessary internal risk management committees.
Awareness and focus on business priorities and key change programmes, providing an appropriate level of risk support and challenge.
Support 2nd line of defence team members and interact cooperatively and productively with 1st line of defence to drive positive risk outcomes through the influence of key stakeholders, gaining executive buy-in; and
Promote and communicate good risk management practices internally and represent the implementation and embedding of these practices externally to the Phoenix Group and the regulatory bodies (CBI).
What are we looking for-
Relevant professional qualification relating to Risk Management &/or 1-3 Years Operational Risk Management in the 2nd or 3rd Lines of defence or Management of Operational Risk in the 1st line of defence.
Ability to work effectively in a team environment and influence key business stakeholders; and constructively challenge viewpoints
Challenging mindset with the desire to understand the impact of operational risk exposures.
Excellent organisational skills, attention to detail and the ability to prioritise workload, multitask and work to tight deadlines.
Excellent presentation and communication skills, both verbal and written
stakeholders
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds.
If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Find out more about #LifeAtPhoenix
Guide for Candidates:
Find or get answers from our colleagues:
Find out more about Phoenix Flex, our approach to flexible working, here:
Key Personal Competences
Knowledge of Operational Risk Management, risk assessment and mitigation techniques
Influencing Skills and Building Relationships
Maintain and develop technical skills in relation to relevant regulatory and legal requirements
Strong communication skills
Influence
Customer at the heart – Promote a culture of risk awareness.
We value diversity in our workforce and welcome enquiries from everyone.