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Head of Legal and Risk
The Institute and Faculty of Actuaries (IFoA) is the UK’s chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.
The IFoA regulates and represents over 32,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members.
We are currently recruiting a Head of Legal and Risk for a Permanent contract. This role is hybrid, both working from home and our Edinburgh or Oxford hub.
We encourage our colleagues to work flexibly between home and the hub to suit their needs and preferences, in line with our hybrid working policy.
Colleagues are able to work their hours flexibly, in line with core business hours and requirements. We also offer formalised flexible working agreements.
The starting salary is £94,050
Main purpose of Job
The Head of Legal and risk is a senior role responsible for the strategic development, implementation and day to day management of the IFoA’s legal, commercial and risk management functions. Leading and developing a robust, proportionate and value driven focus to these functions in support of delivering IFoA business plans.
Tasks include:
• To lead and manage the Legal and Risk Team (comprising the corporate legal, commercial and risk management functions) creating a culture of high performance, continuous learning, and professional excellence.
• To lead and develop the in-house legal function to ensure that it provides pragmatic, business focused advice to the IFoA on all legal, quasi-legal and compliance matters in order to assist delivery against strategic objectives.
• Overseeing the facilitation of robust risk management and business continuity systems and appropriate risk reporting, leading a comprehensive assurance framework, and ensuring legal services are professional, credible, and responsive to organisational needs.
• Support Council in setting the organisational risk appetite.
• Ensure that key legal, risk and compliance processes, contractual frameworks and procurement procedures are effectively implemented across the organisation.
• Drive forward strong commercial relationships with third party suppliers and customers, ensuring strong value for money for IFoA members, leading to reduced supplier costs and increased commercial income.
• Provide expert legal, risk and compliance advice to the executive, relevant Boards and Committees, including IFoA Board, Audit & Risk Committee and Council.
• Overseeing the work of the IFoA’s data and information governance function.
We are looking for people with the following knowledge and experience:
• Qualified lawyer with significant relevant experience.
• Proven experience of leading a team.
• Excellent analytical skills and capacity to think strategically
• Exceptional written and oral communication skills.
• Strong commercial and strategic awareness.
The full job description is available on https://actuaries.org.uk/ifoa-jobs/head-of-legal-and-risk/
To apply, please send a CV and cover letter to HRsupport@actuaries.org.uk by the closing date of 2 April.
Read more on working for the IFoA: https://actuaries.org.uk/ifoa-jobs
