Risk Assurance Manager

Job Description:

Risk Assurance Manager

Permanent

Full Time - 37.5 hours pw

Victory House, Brighton or Salford Quays, Manchester + Hybrid Working

£44,600 - £55,800 + Excellent benefits

Here you'll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You'll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose - helping people live longer, healthier, happier lives and making a better world.

No matter your role, you'll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.

Role Overview

As a Risk Assurance Manager you will be responsible for assisting in the delivery of robust 2LOD assurance to the business, following the 3 Lines Of Defence (LOD) model, preferred by the FCA. You will be responsible for providing assurance either through functional or thematic reviews throughout the year, helping the business to understand compliance, operational and insurance risk, and other business issues; preparation of action plans in order to resolve these issues; tracking actions through to completion and reporting on the same.

What you'll do

The role is to undertake Operational Risk and Compliance Monitoring reviews, as agreed in the risk-based compliance monitoring plan that provides risk based assurance on:-

• To plan, organise and carry out assurance activities as directed by the Head of Operational Risk and Compliance Monitoring
• To collate, analyse and record business/management information in preparation for undertaking face-to-face and desk-based monitoring work
• To deliver effective, relevant and timely reports on findings of assurance activities undertaken in relation to BINS/BISL compliance and regulatory control environment
• Presentation of report findings to the business in a constructive professional manner, and whilst applying business acumen, helping to find solutions where issues have been identified
• Monitor performance and quality of corrective actions arising out of reports, providing guidance where needed, and maintain a well-documented audit trail of work performed
• Participating in the development of best practice risk models and methods to develop credible assurance and compliance processes and controls throughout the business
• Provide Business Intelligence throughout the year which will help inform the H2 revision of the Monitoring Plan and planning for the following year
• Under the direction of the Head of Operational Risk and Compliance Monitoring to conduct reviews or tasks requested by the BINS General Manager or CRO, Bupa Board or Executive, provided such reviews and tasks do not compromise the independence or objectivity of the function
• Assist the process of identifying, monitoring and measuring risk, in conjunction with line management and other specialist functions (Internal Audit, Risk Team and Legal) so that risks affecting the business may be effectively managed

What you'll bring

• Professional qualification an advantage (e.g. Audit, Risk, Compliance or Accounting) e.g. International Compliance Association Governance, Risk & Compliance Diploma
• The role is fundamental to assuring the effectiveness of BINS internal control environment and compliance with Regulatory requirements. Therefore, proven experience in a business assurance, compliance or relevant role with a regulator is preferred
• Practical experience in implementing assurance and compliance monitoring frameworks, processes, tools and technology is preferred
• Must be fully committed to meeting the objectives of their own role and for ensuring that these align with BUPA's overall business ethos, strategy and ambitions
• Experience of balancing business needs, goals and objectives with regulatory compliance to ensure appropriate decisions are made
• Experience of analysing and adapting to different situations requiring interpretative and constructive thinking and a considerable degree of evaluative judgement

Why Bupa?

We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.

Our benefits are driven by what matters to our people. It's important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:

• 25 days holiday, increasing through length of service, with option to buy or sell
• Bupa health insurance as a benefit in kind
• An enhanced pension plan and life insurance
• Annual performance-based bonus
• Onsite gyms or local discounts where no onsite gym available
• Various other benefits and online discounts

Diversity and Inclusion

Bupa is committed to making sure that every applicant is assessed based on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can truly be you at Bupa. We want to ensure you are treated fairly. That's why we're happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Whether you've found your feet or are discovering a new path.

Welcome to a place that celebrates you.

This isn't where you've been.

This is where you're going.

This is what we have belief in.

Time Type:
Full time