Risk Management | Higher Executive Officer

Summary

Role Summary:

At this grade the risk management practitioner supports business partnering, and maintains day-to-day contact with risk managers and co-ordinators across the organisation. This role supports the business to identify, assess and monitor risk and to implement improvements in risk management maturity.

Typical Role Responsibilities

• Communicate the importance and benefits of risk management
• Support the implementation of risk management processes and procedures
• Build capacity and capability within groups of internal stakeholders
• Support the development of insightful risk reporting

Entry Route

Typical Qualifications

Recommended, achieved or working towards:

• OGC Management of Risk foundation or practitioner course
• IRM Fundamentals of Risk Management course
• IRM Certificate in Enterprise Risk Management (or equivalent)
• Relevant professional qualification (such as qualified with CCAB, CIMA or equivalent)

Responsibilities

Tasks

• Contributing to the design and development of an Orange Book compliant risk management framework.

• Supporting the delivery of outcomes, in line with Chief Risk Officer's vision by developing and implementing risk guidance and tools.

• Providing upskilling and support which empowers colleagues to complete the risk cycle

• Commissioning and producing departmental risk register reports for governance meetings which include commentary and insight regarding the effectiveness of risk control measures

• Developing an understanding of organisational principal risks through risk identification and analysis and establishing supporting processes with risk owners

• Monitoring, challenging and reporting on the quality and content of risk reports to promote continuous improvement.

• Providing succinct, reliable, timely and persuasive analysis and information on risks and compliance challenges.

• Engaging with stakeholders and governance mechanisms to ensure risk management advice is aligned with organisational objectives and priorities.

• Building strong relationships across the departmental risk community within an organisation, including Agencies and Arm's Length Bodies.

Expectations

Behaviours

For details of Behaviours read the Success Profiles guidance on GOV.UK

• Seeing the Big Picture

• Communicating and influencing

• Delivering at Pace

• Collaborating and Partnering

• Changing and Improving

Interpersonal Skills

• Ability to constructively challenge teams and senior leaders within the department to support improved outcomes

• Ability to engage at all levels in the department, cultivating an environment and culture where effective risk management can occur

• Ability to motivate team and stakeholders during challenging periods, adopting an optimistic and pragmatic approach to solving problems

• Ability to work independently and flexibly with a focus on delivering outcomes, and where appropriate, work through others to deliver objectives

• Adaptable, maintaining effectiveness when experiencing major changes in tasks and operating environment, adjusting effectively to work within new structures, processes, requirements or cultures

• Articulate communicator with excellent written and verbal skills

• Capable of building and maintaining effective relationships based on trust, exercising discretion when exposed to sensitive information

• Leadership skills, used to build organisational capability through influencing stakeholders, as well as driving development within own team

• Maintains an optimistic and pragmatic approach to solving problems.

• Sound judgement to support colleagues in delivering effective risk management activity.

Professional Skills

Key for Levels of Professional skills

A = Awareness

W = Working

P = Practitioner

E = Expert

Qualifications

Recommended, achieved or working towards:

• OGC Management of Risk foundation or practitioner course

• IRM Fundamentals of Risk Management course

• IRM Certificate in Enterprise Risk Management (or equivalent)

• Relevant professional qualification (such as qualified with CCAB, CIMA or equivalent)

Entry and Progression Routes

Entry Routes

Within Finance

This role does not require previous risk management experience, however individuals may have had some exposure to risk management in project or programme roles

From Outside Finance

This role is suitable for an individual without risk management experience who is keen to pursue a career in the risk profession. An understanding of The Orange Book is beneficial.

Progression Routes

HEOs seeking progression to SEO would benefit from exposure to leading / owning a business partner relationship, leading / owning delivery on strategic reporting, and developing a robust understanding of governance processes, including internal audit, planning and performance.