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Manager, Risk Management - Dublin

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Western Union

Sep 22, 2024

Applications are closed

  • Job
    Full-time
    Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Dublin

Requirements

  • Bachelor’s degree in Finance, Risk Management, Business Administration
  • Experience in risk management within the financial services industry
  • Proven expertise in operational risk, compliance
  • Strong analytical skills, with the ability to interpret complex data sets
  • Excellent communication skills
  • Minimum requirements include knowledge and skills developed through 5+ years of work experience in a related job discipline

Responsibilities

  • Assisting senior management in development, communication, and ongoing improvement of the Company’s Enterprise Risk Management program
  • Working directly with various business units and functions to identify and report potential risks and opportunities that exist within the Company’s operating environment
  • Develop and maintain a Global Risk Register and a summary of the organization’s enterprise (incl. environmental, financial, and conduct) risks and how they are being managed
  • Facilitating and supporting enterprise risk assessments and studies, providing research, analysis, advice, and other inputs as required
  • Establishing and implementing consistent set of key risk indicators/metrics by which enterprise risks can be tracked, monitored, assessed, and measured
  • Analyze KRI information to proactively identify risks and trends that require Executive Team's attention - Manage all aspects of the KRI register information (e.g. KRI owners, KRI source, KRI calculation)
  • Managing the development, enhancement, and periodic review and approval process for Risk Management related Charters (e.g. Executive Risk Committee, Risk Champions, etc.)
  • Build and manage relationships with internal stakeholders within the first, second and third lines of defense, and drive agreement on actions to control and mitigate identified risks
  • Supporting development and creation of regular and ad hoc reporting and readouts to senior leadership (key risk indicators, scenario analysis, etc.)
  • Planning and facilitating risk workshops with middle, senior and executive management, where necessary
  • Assist senior management in identification of emerging risks, ensuring an effective risk management framework, and helping to influence firm’s risk culture
  • Supporting identification, design, and implementation of an Integrated Risk Management tools to allow for a consolidated view of risk throughout the organization.
  • Support establishment and evolution of the Enterprise Risk Champions Network by preparing risk management training material, and conducting risk interviews with the Risk Champions

FAQs

What is the job title for this position?

The job title is Manager, Risk Management.

Where is the job located?

The job is located in Dublin.

What is the primary responsibility of the Manager, Risk Management?

The primary responsibility is to assist in the development, implementation, and ongoing improvement of an enterprise-wide risk management program.

What type of experience is required for this role?

A minimum of 5 years of experience in risk management within the financial services industry is required.

Is a specific educational background necessary for this position?

Yes, a Bachelor’s degree in Finance, Risk Management, or Business Administration is required.

What skills are essential for this role?

Strong analytical skills, excellent communication skills, and expertise in operational risk and compliance are essential.

Who does this position report to?

This position reports to the WUPSIL Director of Risk for the Enterprise Risk Management function.

Will the Manager, Risk Management work with different business units?

Yes, the role involves working directly with various business units to identify and report potential risks and opportunities.

What kind of reports will the Manager be responsible for?

The Manager will support the development of regular and ad hoc reporting and readouts to senior leadership, including key risk indicators and scenario analysis.

What benefits are offered to employees?

Benefits include 22 working days of leave for employees with less than 3 years of service, comprehensive life and medical cover, and a contributory pension plan.

What is Western Union's commitment to diversity?

Western Union is committed to providing an inclusive culture that celebrates the unique backgrounds and perspectives of its global teams and does not discriminate based on various factors including race, gender, and disability.

Is training provided for this position?

Yes, training materials will be prepared, and risk management training will be conducted for the Enterprise Risk Champions Network.

What kind of risks will the Manager be identifying?

The Manager will assist in identifying emerging risks, including environmental, financial, and conduct risks.

What tools will be developed to support risk management?

The role will support the identification, design, and implementation of Integrated Risk Management tools for a consolidated view of risk throughout the organization.

What is the expected application end date for this job?

The estimated application end date is November 30, 2024.

Finance
Industry
5001-10,000
Employees
1851
Founded Year

Mission & Purpose

Western Union is a global financial services company that provides money transfer and payment solutions. They facilitate international and domestic transfers, enabling individuals and businesses to send and receive money quickly and securely across borders. The company's ultimate mission is to connect people and businesses worldwide by offering reliable and accessible financial services. Their purpose is to make financial transactions seamless and efficient, supporting global economic integration and empowering individuals to manage their financial needs with ease.