Risk Manager

The Risk Manager is responsible for the implementation and ongoing management of the Enterprise Risk Management Framework (ERMF) in the relevant Business Units (BU). You will be tasked with identifying and assessing risks relevant to the organization, advising and supporting on effective risk management practices. Working closely with all business areas and the Enterprise Risk team, you will assist the relevant Board of Directors in setting appropriate risk appetites and designing a robust internal control environment to mitigate the risks to which the BU is exposed. Your responsibilities will include promoting and embedding a risk culture within the organization by supporting the dissemination and communication of the ERMF in the relevant BUs. You will foster a strong risk culture by ensuring the understanding and embeddedness of the ERMF in day-to-day activities, particularly through the effective utilization of the in-house risk system ERMA (Enterprise Risk Management Application). You will oversee the integration of the ERMF within the relevant BUs, focusing on the identification, assessment, and management of material risks and their controls. Additionally, you will manage the alignment of the Risk Management Framework and governance mechanisms, establish and participate in managing Risk Committees, and ensure Board approved governance documentation is aligned to ERMF. As a Risk Manager, you will also play a key role in supporting the ongoing enhancement of the ERMF by proactively identifying new or emerging risks that could impact the BU or wider organization. This will involve consolidating and analyzing risk information, driving the completion of risk assessments, and compiling ongoing risk reporting to keep stakeholders informed of risk trends and mitigation efforts. Furthermore, you will be responsible for overseeing event and decision escalation management, ensuring the effective identification, management, and remediation of risk-related events within the relevant BUs. You will establish and embed processes to track and close risk-related events in a timely manner, reporting or escalating any events in line with the escalation protocol. To be successful in this role, you must possess an internationally recognized professional qualification and a strong academic background, including a Degree in Finance/Business/Economics or a related field. Demonstrable knowledge of risk identification, assessment, and management frameworks is essential, along with the ability to design, implement, and execute control frameworks. A minimum of 5 years of relevant experience in the financial sector with proven advancement, excellent interpersonal and communication skills, and the ability to think strategically are also required. Waystone has an open and inclusive culture, welcoming candidates from varied backgrounds and experiences to apply for this position.,