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As a Risk Manager within our client's Corporate Pensions Solutions Team, you will play a major role in supporting the execution of the Pension Risk Transfer (PRT) strategy. Drawing on your strong, recent Bulk Purchase Annuities experience alongside your deep understanding of the product and associated processes (Buy in/Buy Out), you will have the opportunity to apply this expertise in a broader risk and control context. Acting as a key advisor to the Corporate Pension Solutions leadership team, you will embed effective operational risk management practices within the BPA business, ensuring they align with business policies, frameworks and standards. You will also lead the coordination of change risk assessments for projects and transactions, ensuring risks are clearly understood and appropriately managed. In addition, you will support business leaders to identify and assess key risks across the BPA value chain, agree risk treatments and implement effective controls.
Job Responsibility
Support execution of the Pension Risk Transfer (PRT) strategy
act as key advisor to Corporate Pension Solutions leadership team
embed effective operational risk management practices within BPA business
lead coordination of change risk assessments for projects and transactions
support business leaders to identify and assess key risks across the BPA value chain, agree risk treatments and implement effective controls
Requirements
Strong, recent Bulk Purchase Annuities experience
deep understanding of BPA product and associated processes (Buy in/Buy Out)
strong understanding of BPA products, transactions, processes and commercial drivers
significant experience from within regulated financial services gained in a business (first or second line role)
experience of operational or non-financial risk frameworks desirable but not essential
Nice to have
Experience of operational or non-financial risk frameworks