Risk Assurance Assistant

We are hiring for a Risk Assurance Assistant based in either Wrexham or Cardiff

Job purpose                                                   

The Risk Assurance Assistant will support the development and maintenance of a robust group-wide Risk Management Framework. Primarily, this will involve leading the fieldwork of an ongoing programme of controls testing across DBW. You will also support in providing oversight and reporting of business risk and assurance activities.

This work will provide internal and external auditors, the Audit and Risk Committee, and other Stakeholders assurance that Risk Management related policies, procedures and controls are appropriate in their design and operating effectively.

Main Duties and Responsibilities:

  • Plan and complete regular testing of internal controls, and make changes to risk registers and risk scoring as a result.
  • Work with stakeholders across the Group to remediate any control deficiencies in a consistent and time-effective manner.
  • Ensure agreed actions are implemented and any lessons learned are applied across the Development Bank of Wales.
  • Assist the Risk Assurance Executive in developing and maintaining a robust Controls Assurance Framework for the Group.
  • Assist in the preparation of Board and Management reports in relation to risk registers, control posture, KRIs, etc.
  • Input into the ongoing development of the Risk Management Framework including policies, procedures and guidance.
  • Assist with the maintenance and operation of the Third Party Risk Management Framework.
  • Support the Development Bank’s horizon scanning activity through independent research and with the help of external providers.
  • Undertake any other duties as defined by the Risk Assurance Manager to meet the operational needs of the Compliance team.

Knowledge, Skills, Abilities and Experience


  • Ability to build effective working relationships with a variety of audiences.
  • Effective influencing and, where necessary, conflict management skills.
  • Sound knowledge and understanding of the benefits of a robust Risk Management Framework.
  • Experience taking ownership of tasks and projects from initial stages through to completion.
  • Strong verbal and written communication skills.
  • Drive and determination to complete work to a high standard.
  • Confident in own decision making ability.
  • Good organisational and administrative skills.
  • Self-motivated, whilst being able to work as part of a team.
  • Attention to detail.
  • IT literate and able to use Microsoft Office Packages.
  • Strong analytical skills; able to work with data and use Excel.


  • Experience of assurance frameworks or risk and controls testing
  • Experience of audit activities that gives an ability to test controls and to understand key risks across a process.
  • Comfortable reviewing and updating policy and procedural documentation.
  • Experience applying research techniques to gather relevant information
  • Ability to offer briefings and advice following research.


To apply for this role, please go to our recruitment page