Associate Director - Enterprise Risk Management

Role Summary

The Associate Director - Enterprise Risk Management is responsible forsupporting the ongoing enhancement, implementationand 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 enhancementand 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, roadmapand transformation initiatives.

• Lead the enhancement and optimisation of theinhouse risk system, including business requirements gathering, solution design, testingand implementation.

• Drive the digitisation, automation and simplification of risk management processes and reporting.

• Support the development and implementation of enhancements to ERM methodologies, standards, toolsand governance documentation.

• Lead or support cross-functional change initiatives impactingrisk management processes, systemsand reporting.

• Identifyopportunities to improve the effectiveness, efficiencyand 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, dashboardsand 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, consistencyand usability of risk data across systems and reporting outputs.
• Analyse risk information to identifykey themes, trends, emerging risksand 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, monitoringand 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 Frameworkand 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, methodologiesand tools.

• Represent Enterprise Risk Management in projects, working groups and change initiatives.

• Support the delivery of risk training, awarenessand communication initiatives.

• Promote consistent risk management standards and practices across the Group.

Experience and Skills

Experience

• Significant experiencewithin Enterprise Risk Management, Operational Risk, Internal Audit, Complianceor 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, governanceor control environment.

Technical Skills

• Advanced Power BI skills, including dashboard development, data modellingand visualisation.

• Experience with Governance, Risk and Compliance (GRC) systems and risk management technologies.

• Experience in business analysis, process mapping, solution designand user acceptance testing

• Knowledge of automation, workflowand data analytics tools.

Education and Professional Qualifications

• An internationally recognised professional qualification or relevant degree in Risk Management, Finance, Business, Economics, Lawor a related discipline.

• Professional certification such as IRM, FRM, PRM, ACA, ACCA, CIA, CISAor equivalent is desirable.