Senior Risk Associate

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The Opportunity:

This is a key role in the ACA Mirabella's Risk Department. In this role you will have the opportunity to work with all members of the Risk team and the wider business as ACA Mirabella implements an enterprise-wide, risk management framework. The role requires strong analytical skills, attention to detail and the ability to the business to communicate effectively with stakeholders at all levels.

What you'll do:

• Supporting the Risk Team in developing a Risk Taxonomy for the Mirabella Division that meets Mirabella's business needs and FCA/EU expectations.

• Be responsible for enhancing and maintaining a firm-wide Mirabella Risk Register that is signed off by key Risk Owners.

• Outlining our internal control framework and working with business owners to document key processes and identify risks, controls and potential improvements to current processes. This includes supporting Risk and Control Self Assessment (RCSAs) or equivalent for business review and signoff.
• Developing suitable Key Risk Indicators that are signed off by the business and incorporating them into firm-wide risk reporting escalation protocols and risk reporting templates.
• With Compliance, review operational breaches and near misses and monitor actions taken to address these and assess their significant for the overall internal control framework.
• Assisting with the overall risk assessment and quantification for inclusion in ICARAs. This includes the development of appropriate stress test scenarios and wind down plans.
• Assisting with the preparation and roll out of an Enterprise Risk Plan

To qualify for the role you must have:

• A degree in a related discipline or related professional qualification
• At least three years previous experience of operational risk management in financial services, preferably asset management.
• Good knowledge of the UK (FCA) regulatory environment.
• Advanced/good Excel skills, knowledge of Powerpoint and Word.
• Good verbal and written communication skills.

Ideally, you'll also have:

• Experience of stress testing, ICARA and wind down planning.
• EU regulatory knowledge.
• Experience of Model BI
• Exposure to GRC tools

Skills and attributes for success:

• Demonstrated professional integrity.
• Be able to build and maintain effective partnership relationships with Risk colleagues and key business stakeholders. Become a 'go to' person for risk and control queries.
• Produces high quality work on a timely basis. This may include processing mapping/flowcharts, risk analysis, RSCAs or equivalent and Risk reports and policies. This includes being prepared to 'roll up one's sleeves' and take on tasks to achieve a common goal.
• Being adaptable and pragmatic in determining what is appropriate and proportionate for ACA Mirabella in the context of its size, complexity and current priorities.
• Identifying and recommending control improvements, be willing to adapt those in response to appropriate feedback and following through agreed improvement plans with control owners.

What working at ACA offers:

We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. Our Total Rewards package includes an annual discretionary bonus, pension, private medical insurance, group life insurance, group income protection, subsidized corporate gym membership, season ticket loan, employee assistance programme, and more. Our time off options include up to 26 days of annual holiday allowance and statutory bank holidays, as well as days off for your work anniversary, career development, and volunteering.

About ACA:

ACA Group is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their business. Our innovative approach integrates consulting, managed services, and our ComplianceAlpha® technology platform with the specialized expertise of former regulators and practitioners and our deep understanding of the global regulatory landscape.

What we commit to:

ACA is firmly committed to a policy of nondiscrimination, which applies to recruiting, hiring, placement, promotions, training, discipline, terminations, layoffs, transfers, leaves of absence, compensation and all other terms and conditions of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.