Risk Specialist

London |

Employer: Local Pensions Partnership Investment
Sector/Specialism: Banking & Finance

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said - our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

The role supports LPPI operate an efficient and effective control environment through working with teams across the organisation to identify, quantify, manage and mitigate risks within the processes that they operate; develop and implement plans to reduce the potential for losses to arise and identify opportunities to enhance efficiency in what we do, creating value.

Key Responsibilities (-%Key responsibilities)

• Support risk reviews and deep dives across the Enterprise Risk team maintaining training material, procedures and reporting in line with approved Risk Management Policy;
• Be the ‘go-to’ person for CAMMs (the risk system) development and information sourcing.
• Maintain the CAMMS risk system and Risk Register with outcomes from RCSAs. Monitor RCSA action plans with risk owners. Provide analysis and management reporting.
• Support LPPI risk event reporting, action tracking and upward reporting of management information on events.
• Support AAF assurance activity - to work with auditors and business areas on both Type 1 and Type 2 objectives aligned to the AAF scope. Ensure the documented controls can be evidenced and managed to maintain AAF accreditation.
• Support the outsourced internal audit function progress audit work; and with LPPI teams to close audit actions.
• Support quarterly client risk register reviews.
• Support the Model and Data Governance working group ensuring an effective change control process is in place for in scope models and data.
• Support the Risk, Compliance and Internal Controls Group to ensure co-ordinated and efficient assurance action tracking and closure
• Support the oversight of formal project activity and ensure projects are managed in accordance with the approved Risk Management Policy.
• Support the annual ICARA programme by co-ordinating workshops, and providing associated management reporting.
• Supporting the collation and maintenance of the Emerging Risk Radar
• Collaborate with other assurance functions to provide co-ordinated reporting to management and the Board.

Requirements for the role (-%Requirements for the role)

• Degree level knowledge in finance, science, mathematics, economics or risk management
• Demonstrable interest in working within a risk management function in the asset management / pension fund industry
• Well-developed numerical, analytical and report writing skills
• Good modelling and excel skills, and an ability to write VBA macros
• Demonstrable lateral thinking, problem solving, communication and organisational skills including the ability to build good working relationships
• Capability to perform research and analysis, and present clear and actionable summaries of findings
• Ability to work under pressure to tight deadlines, prioritise work effectively, evidence strong time management and deliver work to a consistent standard of excellence
• Adaptable and flexible
• A proactive, self-motivated team player who will take the initiative
• Good conduct that is consistent with the LPPI values-aligned behaviours