Risk Data Manager

at  Burberry

RISK DATA MANAGER

Department: FINANCE & OPERATIONS
City: London
Location: GB
At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.
We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

As our Risk Data Manager at Burberry, you’ll work closely with our Risk & Insurance teams to bring a data-driven approach to our risk management process. By enhancing the maturity and quality of our risk data, you will enable the business to drive strategic decisions more effectively and to provide more accurate analysis and reporting around risk. You will also independently lead and coordinate risk data-related activities across different functions and levels of seniority, ensuring consistency and compliance with risk data standards. From an Insurance perspective, you’ll support with requirements across our insurance contracts and policies, including invoices, assisting claims management, and ensuring the risk recommendations from insurers are followed through.

RESPONSIBILITIES

• Independently lead and coordinate risk data-related activities across various functions and seniority levels, ensuring adherence to risk data standards.
• Conducting risk analytics to quantify risks for Group external disclosures, including collecting and manipulating data from multiple sources, establishing key risk metrics, interpreting data, and creating dashboards for visualising results to effectively communicate with stakeholders
• Management of data and interpretation of analytical outputs for responding to ad-hoc risk assessments and deep dives from the Board and Risk Committee.
• Development of process guides for technical work, including models and visualisation
• Day-to-day maintenance and operation of the Governance Risk and Compliance (GRC) tool to manage the Group’s internal risks and controls
• Presentation of data analysis and risk metrics to senior stakeholders to enhance discussion around risk movement and validation of effective mitigation
• Development of insurance claim database to record and monitor of claims in the business (covering Property, Marine transport and Liability) including gathering information to submit to insurers/third parties
• Consolidating information from various functions across the Group for the gathering of underwriting information to complete the insurers proposal form
• Manage payment process from initial PO set up to payment for our insurance premiums in the UK, US, Italy and the Middle East
• Proactive encouragement of the use of new technology across Risk and Internal Audit
• Development of relationships with key stakeholders across the business including key data partners across IT, Digital and Finance
• Active contribution to the development, profile and strategic direction of the Internal Audit & Risk team