Risk Manager

Colt Technology
Colt is the New Standard in high bandwidth network and voice services for enterprises and wholesale customers in Europe, Asia and North America’s largest business hubs. With a global reach but a deep local presence, Colt is big enough to deliver and small enough to care.

Function: Audit, Risk and Assurance / Finance

Reports to: Head of Risk Management

Location: Colt House, London, UK

Role purpose

To support the Enterprise Risk Management within Colt by delivering on the risk management plan, providing risk expertise across all aspects of the Risk framework and working with risk owners to deliver “value add” risk management.

This role will be responsible, together with the Head of Risk and the other Risk Managers in the team, for delivering the risk transformation required to ensure Colt Enterprise Risk Management meets the needs of the business and drives a proactive risk management culture across Colt, and business partners through involvement in the decision making process.

Key accountabilities

• Work with the Head of Risk to develop the Colt risk strategy and the annual risk management plan.
• Drive adoption of a more data driven risk methodology, introducing risk modelling into the suite of available risk management tools within Colt.
• Deliver on specific risk related projects in response to business needs (Eg: provide risk insights in deal bidding process and in key strategic initiatives and projects)
• Support all elements of the risk management process as required :
• Conduct regular risk identification, assessment and evaluation with management across the various business units;
• Work with Risk Owners to define risk appetite and ensure ongoing monitoring of Colt’s adherence to set appetite;
• Work with the business to define controls and action plans required to effectively manage the risks identified;
• Drive maturity of the risk management process, ensuring risk information is used to effectively support decision making;
• Provide support, education and training to the business to build risk awareness and to promote the right risk culture within the organisation.
• Support the development of risk reporting and relevant material for the Board, the Executive Leadership Team and the Audit Committee.
• Assess and review Colt’s internal practices and regulatory obligations (e.g : anti-bribery and anti-corruption, Fraud, Climate change, UK Corporate Governance reforms).
• Identify opportunities for innovation and continuous improvement in the Risk Process.

Key performance indicators (financial and non-financial)

• Risk Management Process is consistently implemented across the organisation
• Bottom-Up risk consolidation in place, informing Colt top risk register
• Risk modelling and risk data analytics developed and successfully applied to key scenarios to generate insights and drive risk decisions
• Risk information is used to better support decision making across the organisation.

Relationships and key contacts

• Exposure to the EVPs, VPs and Senior Managers across Colt in all territories.
• Industry regulators and auditors (e.g. ISO, External Auditors)

Role specific requirements

Skills & Experience

• Background – Experienced Risk Manager or Risk Professional, with minimum of 6 years’ experience gained in a Big 4 consultancy/ Global Corporate Organisations / FTSE 100 or similar. Track record of driving risk management maturity and being solution focused. Excellent interpersonal and communication skills .
• Risk Management Experience – Experience and knowledge of risk management framework methodology and practices gained in global corporate organisations or consultancy practices. Track record of enhancing maturity in risk functions and processes.
• Technology Experience – Experience in technology risk management, cybersecurity, or information security roles, with a strong understanding of risk assessment methodologies and industry standards. Demonstrable experience with project based risk identification for system implementations.
• Data Analytics and Risk Modelling – Exposure to data analytics and risk modelling, with the ability to explore data sets to generate meaningful insights.
• Communication and Influencing Skills – Proven track record in developing strong stakeholder relationships, excellent communication (verbal and written) and interpersonal skills. The successful candidate will be a clear and focussed communicator, with the ability to build rapport and to challenge stakeholders when required. He/she will also have the ability to collate and summarise information in plain English and to design engaging reports for various audiences.
• Problem-solving skills – Ability to identify the nature of a problem, deconstruct it and work with the business to address it.
• Organisational skills – A self-starter who can be relied upon to act on initiative and take full ownership of deliverables and who has the ability to successfully manage many work streams simultaneously.
• Commercial exposure – Experience in applying risk management to commercial deals/settings
• Although experience in technology services and telecommunications is not essential, the successful candidate will have a good understanding the sector and associated technologies and products.

Qualifications

• Relevant qualification in risk management (CRMA, Diploma from IRM, C-Risk).
• Bachelor’s degree or a qualification in accounting (ACA,ACCA,CIMA).
• Strong proficiency in Microsoft Excel, PowerPoint, SharePoint and data analytics, ability to present risk information in a compelling way.

Others

Travel opportunities to Europe and/or Asia. Candidate should be able to travel up to 10%.
Flexible and remote working

In addition to offering competitive salaries and incentive plans, a range of benefits and local rewards packages are offered to staff. Colt recognises the importance of a work life balance.

Some benefit examples are:

• Flexible working and relaxed dress code
• Two days annually to spend on volunteering opportunities
• Flexible benefits scheme
• Access to a virtual business school for on-going learning
• Business mentoring

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