Enterprise & Operational Risk Manager

Company Description

Legal & General (L&G) is a leading UK financial services group and major global investor. 

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. 

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.  

Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.  

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day. 

Job Description

We’re recruiting for an Enterprise & Operational Risk Manager to join us. 

At L&G, we’re building a better society by investing in the things that matter most — housing, health, and a greener economy. As part of our Group Risk team, you’ll play a key role in helping us manage enterprise and operational risk across the business, ensuring we continue to deliver for our customers, colleagues, and communities.

We’re looking for someone who thrives in a collaborative environment, enjoys solving complex problems, and is passionate about making risk management meaningful and impactful.

What You’Ll Be Doing:

• Supporting the delivery of risk oversight, training and assurance across Group Functions and Change initiatives
• Leading or contributing to deep dives and lessons learned reviews on key risk events or themes
• Providing insights into risk frameworks and controls using data analytics and risk management tools
• Building strong relationships with stakeholders across the business and second line teams
• Supporting the assessment of operational risk capital requirements through data analysis and scenario workshops
• Enhancing the quality and accuracy of risk data reported to boards, committees and regulators
• Supervising and mentoring junior team members while contributing to a positive team culture
• Embedding Consumer Duty principles into risk management practices to ensure fair customer outcomes

Qualifications

Who We’Re Looking For:

• Experience in enterprise or operational risk management, ideally within financial services
• Strong understanding of risk and control frameworks, including IT and digital systems
• Ability to analyse complex data and translate it into actionable insights
• Confident communicator with strong written and verbal skills
• Collaborative mindset with the ability to influence and build trust across teams
• Expertise in assessing and challenging third-party and operational resilience risks, including supplier dependencies, concentration risks and continuity planning
• Solid grasp of regulatory frameworks such as PRA/FCA, DORA, Consumer Duty, SS2/21, SS1/21, SYSC, GDPR and EBA guidelines, with experience applying them in practice
• Experience reviewing supplier assurance documentation and risk mitigation plans, including those related to cloud and SaaS providers
• Ability to support or challenge the mapping of important business services, impact tolerances and scenario testing as part of operational resilience planning

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.