Risk Management | Senior Executive Officer

Summary

Role Summary:

At this grade the risk management practitioner is a business partner providing a service at business group level and having day-to-day contact with risk managers and co-ordinators across the organisation. This role enables the business to identify, assess and monitor risk and to implement improvements in risk maturity.

Typical Role Responsibilities

• Manage and advise on the implementation of risk management processes and procedures and champions its importance
• Day-to-day business partnering with risk managers and co-ordinators across the organisation
• Support the business to identify, assess and monitor risk and to implement improvements in risk maturity

Entry Route

HEO roles as a Risk Advisor, Risk Officer, Risk Analyst or similar

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

• Driving the 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.

• Commissioning and producing intelligent risk reports, which provide succinct, reliable, timely and persuasive analysis, commentary and insight on the effectiveness of risk control measures.

• Ensuring the inclusion of constructive challenge in reporting, and being prepared to respond to challenges against the reported position.

• Maintaining strong relationships with other governance processes to ensure risk management advice is aligned with organisational objectives and priorities, and takes account of wider organisational and external contexts.

• Ensuring expert advice and upskilling delivered by the risk team promotes improved risk maturity.

• Building strong risk community relationships, through proactive and targeted engagement with and across the organisation, including Agencies and Arm's Length Bodies.

• Developing an understanding of organisational principal risks through risk identification and analysis and ensuring risk owners are appropriately supported.

Expectations

Behaviours

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

• Seeing the big picture

• Making effective decisions

• Working together

• Communicating and influencing

• Leadership

• Developing Self and Others

Interpersonal Skills

• Ability to constructively challenge teams and senior leaders within the department to consider risk in all their key decision making.

• 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

Suitable for an individual who has held an HEO risk management role, such as Risk Manager, Deputy Risk Manager or Assistant Risk Manager or similar

From Outside Finance

This role is suitable for an individual with risk management experience as part of a broader role e.g. project management, or someone already working in a strategic setting who has gained experience from interacting with the risk profession. An understanding of the Orange Book is required.

Progression Routes

SEOs seeking progression to G7 would benefit from exposure to engagement with Senior leaders to promote and embed risk management processes, support delivery of organisational communication, working closely governance mechanisms to facilitate the delivery of integrated risk reporting.