Enterprise Risk Manager

About Albany Beck

Albany Beck is a specialist Financial Services Consultancy helping institutions deliver complex change and transformation while building the internal capability to sustain it. We combine subject matter expertise with innovative delivery models that help clients scale efficiently, while offering meaningful, long-term career opportunities to our people. At Albany Beck, you’ll be choosing to work with an organisation that’s passionate about your learning journey and committed to your professional and personal development.

Role Overview

We are seeking an experienced Enterprise Risk Manager to support a major strategic initiative focused on establishing and embedding the risk management, governance, controls and regulatory capabilities required for a European banking entity.

The successful candidate will play a key role in developing and implementing risk policies, strengthening enterprise risk management frameworks, and establishing robust regulatory and management reporting processes aligned with European banking regulatory expectations.

This is a business-facing role focused on ensuring the appropriate risk frameworks, internal controls, governance structures and oversight arrangements are in place to support the effective operation of a regulated banking environment.

Working closely with senior stakeholders across Risk, Compliance, Legal, Finance and business functions, the Enterprise Risk Manager will help translate regulatory requirements into practical policies, processes and reporting arrangements. The role will also support regulatory readiness, identify gaps in existing frameworks and drive improvements to risk governance and control effectiveness.

The position would suit an experienced risk professional who can operate independently, engage confidently with senior stakeholders and deliver within a complex, highly regulated environment.

Key Responsibilities

1. Risk Policy Development & Framework Implementatio n

• Develop, review and implement enterprise risk policies, standards and procedures aligned with applicable European banking regulatory requirements.
• Support the establishment and enhancement of risk management frameworks for a regulated banking entity.
• Translate regulatory expectations into practical risk policies, governance arrangements and operational processes.
• Identify gaps in existing policies, frameworks and controls, recommending appropriate remediation actions.
• Support the development of risk appetite frameworks, risk taxonomies, assessment methodologies and escalation procedures.
• Ensure policies are appropriately documented, approved, maintained and embedded across relevant business functions.
• Work with risk owners and business stakeholders to establish clear responsibilities, accountability and oversight arrangements.

2. Regulatory Readiness & Compliance

• Support initiatives to establish and demonstrate compliance with applicable European banking regulatory expectations.
• Assess regulatory requirements and coordinate their translation into policies, controls, processes and reporting obligations.
• Work collaboratively with Risk, Compliance, Legal and business teams to support regulatory readiness and ongoing compliance.
• Maintain documentation and supporting evidence demonstrating the design and implementation of appropriate risk management arrangements.
• Identify regulatory gaps, control deficiencies and areas requiring enhancement, coordinating remediation activities with relevant stakeholders.
• Support regulatory reviews, internal audits and assurance activities, ensuring findings are appropriately addressed.
• Monitor relevant regulatory developments and assess their potential impact on the organisation’s risk framework and operating model.

3. Enterprise Risk Reporting & Management Information

• Develop and enhance enterprise risk reporting frameworks, management information and reporting standards.
• Produce clear, accurate and timely risk reports for senior management and relevant governance committees.
• Consolidate risk information across business areas to provide an enterprise-wide view of the risk profile.
• Define and monitor key risk indicators, risk appetite measures, thresholds and escalation triggers.
• Ensure reporting provides appropriate visibility of material risks, control weaknesses, emerging issues and remediation activities.
• Establish consistent reporting methodologies, templates and quality ass…