Head of Risk Advisory (Non-Financial Risk)

Quilter; London; On-site; GBP 50,000 - 90,000; Full time

Job description

About the Business Quilter plc is a leading provider of financial advice, investments and wealth management, committed to being the UK’s best wealth manager for clients and their advisers. Quilter oversees £116.2 billion in customer investments (as 30 September 2024). It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions, and discretionary fund management. The business is comprised of two segments: Affluent and High Net Worth.

Affluent encompasses the financial planning business, Quilter Financial Planning, the Quilter Investment Platform and Quilter Investors, the multi-asset investment solutions business.

High Net Worth includes the discretionary fund management business, Quilter Cheviot, together with Quilter Cheviot Financial Planning.

At Quilter we never stand still. Our foundations are rooted in our extraordinary expertise, which is trusted by hundreds of thousands of customers, but we have great ambitions to stay one step ahead and make an even greater difference to the people and communities we serve.

Our business is transforming, continually modernising, and becoming even more customer centric. So, if you want to be bold in the pursuit of your ambitions, bring new ideas, and challenge and evolve what we do, it’s the perfect time to join us! About the Role Level - 6

Department- Risk

Location - London or Southampton

Contract - Permanent

This role will lead the following areas of Risk activity across the Affluent segment and Corporate Functions, leveraging support from other Risk teams where required:

• Manages the Risk business partnering team who interact with key stakeholders across the Investments, Financial Planning, Wealth and Platform divisions of Quilter, as well as Corporate Functions;
• Design and execution of risk appetite, working closely with the Group Head of Enterprise Risk Management (ERM) and Head of Prudential Risk Management as a management team in driving a joined-up approach across the 2nd line of defence (2LOD);
• Evaluates overall risk profile assessment and assesses key messaging for risk reporting, having the ability to step back from the detail and align to the company’s vision and strategic plan;
• Annual Business Plan review, risk assessments and related deep dives, including involvement in Merger & Acquisition (M&A) activities;
• Assessment of emerging risks and competitive landscape, with a strong lens on the UK wealth management sector;
• Transformation and change program oversight, including third party risk management oversight, and technology risk management oversight;
• Business relationship management as a trusted business partner to the material risk takers (MRTs) in Quilter;
• Supports/challenges business on risk strategy development and strategy execution within risk appetite parameters;
• Conduct focused risk deep dives as appropriate, or instructed by the Risk Director or Group Chief Risk Officer;
• Assist the Group Head of Enterprise Risk with the facilitation of analysis of RCSAs and Risk Events;
• Assist the Prudential Risk team in the design and modelling of Operational Risk scenarios, stress tests and wind down plan; and
• Work closely with Head of Compliance Advisory and Head of Compliance Monitoring to ensure Risk & Compliance have a mutually aligned approach to control environment improvements at Quilter.

About You

To be successful in this role you will be proactive, organised, and diligent with good attention to detail and analytical skills. You will be persistent to persevere to get the right outcomes and curious, with a desire to ask questions, to absorb information, to learn and be able to apply learning to risk management in the business.

You will have:

• Significant experience gained within large scale, multinational financial services organisations.
• Significant knowledge of EU, PRA and FCA risk management expectations including Solvency II, CRD IV and specifically ORSA and ICAAP experience.
• Experience and knowledge of the regulatory environment within the UK and internationally of the wealth, life and/or asset management sectors.
• Experience and knowledge of best practice risk and governance frameworks, methodologies, emerging practice and risk management systems and controls.

#Quilter #LI-KH1

Inclusion & Diversity

We value diversity and strive to promote inclusivity in all aspects of our culture. We believe in equal opportunities for all, ensuring that no applicant encounters less favourable treatment based on anything but their skills, qualifications, experience, and potential. We celebrate the unique contributions of a diverse workforce and create a respectful, nurturing environment where every colleague can thrive.

Values

Do the right thing: We act with integrity and are proudly committed to going above and beyond in service of our clients and the support we provide our communities.
Always curious: We continuously seek new ideas and knowledge so we’re one step ahead of our clients’ needs. We look for inspiration everywhere and encourage experimentation, recognising that this is how we create brilliant solutions for brighter futures.
Embrace challenge: We aim high to transform our potential into meaningful outcomes. With ambition as our driving force and a steadfast commitment to growth, we succeed for the good of every generation.
Stronger together: Combining our diverse talents, we accomplish more collectively than we ever could do alone. We speak openly, actively listen, and support each other, and constructively challenge and embrace new ideas. We seek empowerment and demonstrate ownership and trust, with the confidence to make impactful decisions.

Core Benefits

Holiday: 182 hours (26 days)

Quilter Incentive Scheme: All employees are eligible to participate in incentive scheme, to incentivise business performance and their contribution.

Pension Scheme: A non-contributory company pension scheme that can be boosted through personal contributions.

Private Medical Insurance: Single cover as standard with options to increase cover to include your partner or children.

Life Assurance: 4x your salary.

Income Protection: 75% of salary, less state benefits, payable after 26 weeks of absence.

Healthcare Cash Plan: Jersey employees only

In addition to our core benefits, we offer a range of flexible benefits to UK employees that you can choose from and pay for conveniently via a salary deduction.