Head of Erm - Milton Keynes, United Kingdom - NHBC

NHBC

Verified Company

Milton Keynes, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview:
Head of Enterprise Risk Management

Salary:
£120,000 - £145,000 +20% bonus per annum (40% - deferred)

Working Location:
Milton Keynes (Hybrid)

Closing Date:18/08/2023

As our Head of Enterprise Risk Management, you'll lead the design and implementation of an effective risk management framework, aligned with NHBC's corporate strategy, ensuring internal requirements and industry developments are considered.

You will play an integral role in driving risk awareness and strengthening NHBC's risk culture, collaborating with key stakeholders.

You will foster a strong relationship with the Chief Risk Officer, working closely on the embedding and maintenance of an effective approach to risk appetite incorporating Board and Board Risk Committee and the assessment and communication of company-wide and individual risk management performance (BRC).

What we offer:

27 days annual leave (plus bank holidays) and a holiday purchase scheme
Generous pension scheme, with an employer contribution of up to 10.5%
Life Assurance (x4 salary)
Private medical insurance (100% family cover)
Car or cash allowance £8,300 per annum.
Cycle to Work scheme.
Employee discounts platform, including gym discounts.
24/7 employee assistance programme supporting your mental wellbeing.
2 days volunteer leave
Equalised maternity, paternity, adoption leave and pay for all new parents.

Responsibilities:

What you'll be doing:

Strategic Risk Approach: Develop and implement the risk management approach in line with business strategy and boardlevel risk appetite, providing expert advice to the CRO and management.
Comprehensive Risk Reporting: Drive the creation of insightful risk reporting and analytics, supporting decisionmaking processes and enhancing predictive capabilities.
Ongoing Risk Assessment: Monitor NHBC's risk profile and facilitate the development of tools for effective ongoing risk monitoring, including the production of the ORSA report.
Collaboration and Compliance: Work collaboratively with various teams across the organization and maintain relationships with external regulators, advisors, and auditors to uphold regulatory standards and ensure a strong risk awareness and culture.
Responsible for ensuring that risk MI and analytics are developed in support of reporting and is consistent with the expectations of relevant committees, management and the CRO. Risk reporting should be insightful and capable of supporting predictive capabilities.
Experience in risk management in the financial services industry
Substantial practical experience of successfully developing enterprise risk management frameworks.
Track record in managing the effective delivery of an ORSA process including relevant stakeholder engagement.
Experience of leading high performing teams in a risk discipline.
Broad and holistic understanding of general insurance company operations
Knowledge of market practice, relevant legislation and insurance market environment, awareness of emerging market developments

Education and Qualifications

Degree in a relevant qualification reflective of a high degree of numeracy/ literacy
IRM or IOR qualification / membership

REGULATORY ACCOUNTABILITIES:

NHBC is a regulated by the Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA).

Over the course of employment, the role holder is required to abide by and uphold the high-level standards of behaviour set out by the FCA / PRA Conduct Rules, and to take 'reasonable steps' to prevent a breach of those rules occurring.

Certified and SMF:

Under the Senior Managers and Certification Regime, the organisation is required to outline an individual's prescribed and other responsibilities, and the individual is required to review and agree to these responsibilities on a minimum of an annual basis.

Up-to-date details of individual responsibilities can be found on the Management Responsibilities Map

Head of

ERM:

Prescribed Responsibilities:
No regulatory prescribed responsibilities.

Head of

ERM:

Other Responsibilities:

To maintain an appropriate enterprise risk management framework such that risks are appropriately identified, measured, monitored, managed and reported on.
Operational delivery of the ORSA and its ongoing development/ enhancement
Maintaining an approach to emerging risk consistent with the organisations current and future risk profile, appetite and approach
.

Qualifications:

Why you should join us
At NHBC we are proud to be unique. No other organisation in our sector combines the variety of services and scale that we offer. As the market leader, our name is synonymous with new home warranty and insurance. Our people are driven by our core purpose
_ _to raise standards in housebuilding and protect homeowners.

We are a modern, lifestyle and family friendly employer who are in a period of rapid growth, investing in technology, data and