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Risk Management
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About the job
Job summary
This is a key role within the DWP Finance Group, as one of 8 Director roles, reporting to the Finance Director General. The post holder will be a member of the DWP Finance Executive Team. As a member of the Senior Civil Service, the role holder will have wider leadership responsibilities across the Department for Work and Pensions.
The Chef Risk Officer has overall responsibility for the strategic management of risk across the Department.
The Chief Risk Officer is accountable for a small, specialist, geographically dispersed team of c15 full time equivalent colleagues located in England and directly line manages one SCS1 colleague.
The Chief Risk Officer is responsible for an annual budget of circa £1m.
Job description
The Chief Risk Officer is a key strategic leadership role and will have overall responsibility for:
- Setting the Departments Risk Management Strategy and architecture including structures and accountabilities
- Defining the Risk Management Policies and Procedures and the reporting and assurance frameworks
- Supporting the Board to set the organisations risk appetite and the Executive team to create a healthy risk culture
- Providing a strategic oversight of risk across the Department advising the Board, Executive Team and Ministers and working across the business to determine appropriate mitigations
- Leading a high performing central risk management team and network of risk professionals across the organisation.
Further responsibilities include:
- Chairing the departments Risk Assurance Board
- Supporting the Departmental Risk and Assurance Committee to fulfil its responsibilities collaborating with Internal Audit and other assurance providers to support an integrated assurance framework
- Ensuring compliance with The Orange Book (Management of Risk Principles and Concepts) and other relevant HMT and Cabinet Office standards
- Working with the HMT Risk Management Centre of Excellence to support the wider development of the risk management function and sharing of best practice.
Person specification
Essential Criteria for the role which will be used to assess your application, alongside Success Profiles.
The successful candidate must be able to demonstrate a track record of success in the following essential areas:
- Building highly effective and trusting relationships at pace, working collaboratively with senior stakeholders to achieve positive outcomes
- Senior leadership background in an operational, finance, audit or risk environment, with strong business acumen and substantial experience of managing significant risks and opportunities in a large complex organisation
- Outstanding judgement and integrity in providing strategic advice, constructive challenge and support to the business in the field of risk management and assurance
- Proven ability to work seamlessly across boundaries, collaborating with and drawing on resources from across internal and third-party organisations
- Passion for building capability, raising standards and driving continuous improvement
- Institute of Risk Management (IRM) accredited or willingness to become accredited.
Desirable criteria
- Proven success in leading enterprise-wide risk management and developing a culture where effective risk management can occur.
Benefits
- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversity
- A Civil Service pension with an average employer contribution of 27%
Things you need to know
Selection process details
A CV setting out your career history, with key responsibilities and achievements. Please ensure you have provided reasons for any gaps within the last two years;
A supporting statement (maximum 1250 words) explaining why you want to work for DWP in this role; how you consider your personal skills, qualities, and experience providing evidence of your suitability for the role, with particular reference to the essential criteria in the person specification.
To learn more about this role please follow link for video by Catherine Vaughan vacancy holder:
To apply for this role please follow this link –
Feedback will only be provided if you attend an interview or assessment.
is the period of time a Senior Civil Servant is expected to remain in the same post to enable them
to deliver on the agreed key business outcomes. The assignment duration also supports your career through
building your depth of expertise.
As part of accepting this role you will be agreeing to the expected assignment duration set out above.
This will not result in a contractual change to your terms and conditions.
Please note this is an expectation only, it is not something which is written into your terms and
conditions or indeed which the employing organisation or you are bound by. It will depend on your
personal circumstances at a particular time and business needs, for example, would not preclude any
absence like family friendly leave. It is nonetheless an important expectation, which is why we ask you
to confirm you agree to the assignment duration set out above.
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Working for the Civil Service
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission’s recruitment principles (opens in a new window).
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Contact point for applicants
Job contact :
- Name : Duncan.Ewart@gatenbysanderson.com
- Email : Duncan.Ewart@gatenbysanderson.com
Recruitment team
- Email : senior.recruitment@dwp.gov.uk
