Head of Risk

What’s in it for you

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

• Annual bonus scheme of up to 45% of base salary
• Car Cash Allowance
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• Retirement savings plan - save between 6% - 10% and Tesco will contribute 1.5 times this amount
• 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave

About the role

Group Risk and Audit is guided by the following Purpose:

Keeping Tesco safe for sustained success by influencing the business to improve governance, risk management and internal controls.

 Our Vision is: to be valued co-pilots enabling the business to navigate current & emerging risks to deliver Tesco’s strategy. We are champions of DEI&B, passionate about our development to benefit our careers and maximise value to Tesco. We are recognised as proactive and innovative through leveraging the latest tech & data

 As Head of Risk, you will be responsible for strengthening the Risk Management function including embedding and enhancing the risk management methodology and strategy.  You will collaborate with key stakeholders, and in particular the leadership team you partner, to provide timely risk information that will support management’s decision making and encourage broader risk considerations.  

You will be responsible for

• Leading on embedding and enhancing the Enterprise Risk Management (ERM) framework across the business.
• Developing and delivering a risk change programme of work which will allow continual improvement and add significant value to the business on risk management.
• Build and maintain strong collaborative working relationships with key stakeholders to promote, embed and develop risk management.
• Work with internal control functions and GRALT to develop and implement a risk road map for the Group.
• Work collaboratively with external parties to understand the implications of the evolving discipline of enterprise risk management, in particular risk trends, risk appetite frameworks, risk indicators.
• Producing accurate and timely information to key stakeholders such as Executive and Audit Committee and Board Reporting around risk.
• Leading a highly motivated and high-performance team of risk experts.
• Monitoring the Risk Management team budget effectively, always being cost conscious.
• Following our Business Code of Conduct and always acting with integrity and due diligence.

You will need

Technical

• CIMA, ACA or ACCA qualified Accountant or other suitable Risk/Audit qualification.
• Significant Enterprise Risk Management (ERM) / Internal Audit experience (>7 years).
• Proven functional leadership/management (including Line Management) experience.
• Proven innovation and change experience.
• Understanding of governance and compliance requirements, and related processes in large and complex organisations.
• Excellent analytic and problem-solving skills.

 Personal

• Personal drive and initiative, with the ability to work under pressure at a fast pace running concurrent projects.
• Project and change management skills with personal organisation and planning skills.
• Accuracy and thoroughness with an eye for detail and quality.
• Strong influencing skills with the ability to build stakeholder relationships.
• A strong desire to learn.
• A desire and willingness to build strong professional networks within and outside the company.

About us

You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.

At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.

We're proud to be an accredited Disability Confident Leader, where everyone’s welcome. That’s why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying