Annuity Risk Consultant

at  PHOENIX group

Job Type: Permanent
Closing Date : 29th November 2024
Location and flexible working: London, Edinburgh or Birmingham. We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.
Flexible working: All our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here
Salary and benefits : £41,100 - £52,000 plus bonus 16% - 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!

• Lead workshops to complete continual assessment of risk and control environment to identify, measure, monitor and manage the risks to which our Annuity customers are exposed.
• Support reporting to Governance committees on the key risks, controls and actions for Annuity customers, the effectiveness of our Risk Management Framework and exposures against appetite.
• Review and challenge process & Policy, risk and control activities to determine effectiveness and report on weaknesses.
• Challenges the design and performance of existing controls at senior management level, internally and externally to recommend improvements as appropriate.
• Working closely with outsource providers to ensure risk and control profile is well understood, documented and in line with risk appetite.
• Build relationships with Risk peers across the three lines of defence and senior managers across the Group to support the implementation of an effective Risk Management Framework for Annuities.
• Continuously developing and maintaining technical knowledge and applying this in conjunction with business awareness in order to provide review, challenge and consultancy.
• Expressing technical information in plain language for stakeholders with a range of technical knowledge.
• Managing a variety of risk management related tasks and activities concurrently meeting expectations on agreed deliverables and timescales.Support, and as relevant lead delivery of Client Services risk plan, to fulfil business Objectives.