Enterprise Risk Manager Job at USS (London)

Enterprise Risk Manager

USS

Location:
United Kingdom , London

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

In your role as Enterprise Risk Manager, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to be part of the 2nd line Enterprise and Operational Risk Management (EORM) team which has the mandate to coordinate and oversee all risk management and control activities across USS. This role reports directly into the Group Head of Enterprise & Operational Risk Management. This role will be responsible for the design, implementation and ongoing maintenance of the enterprise risk management (ERM) framework covering risk appetite, risk events, risk taxonomy, Risk & Control Self-Assessment (RCSA), control standards, emerging risks, top risks and scenario analysis. You will ensure that USS maintains a robust risk management framework that supports strategic decision-making and protects the organisation's assets.

Job Responsibility:

Ensure the ERM framework is continuously updated to reflect the latest industry standards and regulatory requirements
Lead the design and maintenance of a robust Risk & Control Self-Assessment (RCSA) program
Lead the development of control assurance standards
Lead the annual risk appetite refresh across the two entities, USSL & USSIM
Lead the emerging risk & top risk refresh
Develop and maintain the risk taxonomy and control library
Regularly assess the business adherence to the ERM framework
Leverage the risk system, Protecht, to embed the ERM framework across USS
Lead the regular review of ERM Policies and frameworks documents
Ensure the various USS frameworks (e.g. data, supplier, resilience) are aligned to the ERM framework
Develop and maintain the ERM framework training plan & materials to enhance risks & controls awareness understanding at all levels
Lead the EORM quarterly risk forum meeting
Lead the yearly review of the Annual Report & Accounts (ARA) & TCFD risk sections
Assist in assessing and actively reporting on the USS’s risk culture, driving initiatives to embed a proactive risk management culture across USS
Close collaboration with the EORM, information security, compliance, and the 1st line business control teams
Serve as a trusted advisor and primary point of contact for framework-related inquiries
Identify opportunities to enhance current risk processes with a particular focus on simplification
Stay updated on new regulations and industry standards through regular attendance at seminars, workshops, and conferences

Requirements:

Strong experience and knowledge of risk management framework best practices and methodologies (including control assurance)
Experience and knowledge of model risk frameworks is a plus
Likely to have worked in a Risk function, business control function or audit function in the financial industry
Good communication and stakeholder management skills are required
Strong Microsoft Office skills
Experience of Copilot or an equivalent generative AI tool is a plus

Nice to have:

Experience and knowledge of model risk frameworks is a plus
Experience of Copilot or an equivalent generative AI tool is a plus

What we offer:

Great starting salary
Generous annual leave package
Access to a high quality pension scheme provided through Universities Superannuation Scheme
Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
Learning and development opportunities to develop your skills, knowledge and talent
Employee Volunteer Day’s to support the communities where you work and live
Cycle to Work Scheme

Additional Information:

Job Posted:
February 14, 2026

Employment Type:

Fulltime

Work Type:

Hybrid work

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