Role Summary
The Associate Director - Enterprise Risk Management is responsible for supporting the ongoing enhancement, implementation and oversight of the Enterprise Risk Management Framework ("ERMF") across the Waystone Group.
The role supports the Director ERM Strategy in delivering strategic ERM initiatives, technology-enabled transformation, framework enhancement and reporting solutions that strengthen the Group's risk management capabilities. The role partners with Business Units, Core Functions and Legal Entities to drive the effective application of risk management practices, improve risk data and reporting, and support the ongoing evolution of the ERMF.
Duties and Responsibilities
ERM Transformation and Continuous Improvement
- Support the delivery of the Group's ERM strategy, roadmap and transformation initiatives.
- Lead the enhancement and optimisation of the inhouse risk system, including business requirements gathering, solution design, testing and implementation.
- Drive the digitisation, automation and simplification of risk management processes and reporting.
- Support the development and implementation of enhancements to ERM methodologies, standards, tools and governance documentation.
- Lead or support cross-functional change initiatives impacting risk management processes, systems and reporting.
- Identify opportunities to improve the effectiveness, efficiency and maturity of risk management practices across the Group.
- Support the evaluation and adoption of emerging technologies, including Artificial Intelligence, where appropriate.
Risk Systems, Data and Reporting
- Design and develop enterprise risk reporting, dashboards and management information to support effective decision-making.
- Lead the development and enhancement of Power BI reporting solutions for management, Committees and Boards.
- Improve the quality, consistency and usability of risk data across systems and reporting outputs.
- Analyse risk information to identify key themes, trends, emerging risks and areas requiring management attention.
Enterprise Risk Framework and Oversight
- Support the ongoing implementation and enhancement of the Enterprise Risk Management Framework across the Group.
- Provide independent second line challenge on risk identification, assessment, monitoring and reporting activities.
- Conduct thematic reviews and risk-focused assessments to support improved risk management outcomes.
- Contribute to the ongoing development of the Risk Taxonomy, Risk Appetite Framework and associated risk management methodologies.
- Support the identification and escalation of material and emerging risks.
Stakeholder Engagement and Risk Culture
- Build effective working relationships with Business Unit, Core Function and Legal Entity stakeholders.
- Provide guidance and support on the application of risk management frameworks, methodologies and tools.
- Represent Enterprise Risk Management in projects, working groups and change initiatives.
- Support the delivery of risk training, awareness and communication initiatives.
- Promote consistent risk management standards and practices across the Group.
Experience and Skills
Experience
- Significant experience within Enterprise Risk Management, Operational Risk, Internal Audit, Compliance or a related risk discipline within a regulated environment.
- Experience developing management information and reporting solutions, including Power BI or similar visualisation tools, and preparing reporting and materials for governance forums and senior stakeholders.
- Experience enhancing frameworks, processes or operating models within a risk, governance or control environment.
Technical Skills
- Advanced Power BI skills, including dashboard development, data modelling and visualisation.
- Experience with Governance, Risk and Compliance (GRC) systems and risk management technologies.
- Experience in business analysis, process mapping, solution design and user acceptance testing
- Knowledge of automation, workflow and data analytics tools.
Education and Professional Qualifications
- An internationally recognised professional qualification or relevant degree in Risk Management, Finance, Business, Economics, Law or a related discipline.
- Professional certification such as IRM, FRM, PRM, ACA, ACCA, CIA, CISA or equivalent is desirable.
Skills Required
- Significant experience in Enterprise Risk Management, Operational Risk, Internal Audit, Compliance, or a related risk discipline within a regulated environment
- Experience developing management information and reporting solutions, including Power BI or similar visualization tools
- Experience preparing reporting and materials for governance forums and senior stakeholders
- Experience enhancing frameworks, processes, or operating models within a risk, governance, or control environment
- Advanced Power BI skills, including dashboard development, data modeling, and visualization
- Experience with Governance, Risk and Compliance systems and risk management technologies
- Experience in business analysis, process mapping, solution design, and user acceptance testing
- Knowledge of automation, workflow, and data analytics tools
- Internationally recognized professional qualification or relevant degree in Risk Management, Finance, Business, Economics, Law, or a related discipline
- Professional certification such as IRM, FRM, PRM, ACA, ACCA, CIA, CISA, or equivalent
What We Do
Waystone is the leading provider of institutional governance, risk and compliance services to the asset management industry. Partnering institutional investors, investment funds and asset managers Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now supporting asset managers with more than US$2Tn in AUM Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence
