BAT is evolving at pace into a global multi-category business. Our purpose is to create A Better Tomorrow™ by Building a Smokeless World.
To achieve our ambition, we are looking for colleagues who are ready to join us on this journey! Tomorrow can’t wait, let’s shape it together!
BAT UKIS LOOKING FOR AN ERM MANAGER
JOB TYPE: Fixed term (18 months)
FUNCTION:Finance- Risk & Insurance
SALARY RANGE:Competitive salary package + excellent benefits + market leading bonus
LOCATION:London, United Kingdom
Purpose Statement
BAT is evolving at pace into a global multi-category business and are on a mission to decrease the health impact of our industry. To support the delivery of our purpose to create A Better Tomorrow we are looking to strengthen the capabilities of our Group Risk & Insurance team. A new ERM manager role has been created on fixed term basis (18 months), to support the delivery of the Groups’ future ERM strategy and project initiatives such as the implementation of the UK Corporate Governance code (Provision 29), key risk indicators (KRI), risk partnering, and to support key aspects of the day-to-day operational Enterprise Risk Management (“ERM”) activities.
This role involves working as part of a central risk management team supporting the business in identifying, assessing, monitoring and mitigating risks that could affect the Group’s ability to achieve its objectives.
The role involves partnering with a selection of central functions, regions and business units to identify and assess enterprise risks within the group, agree plans to handle these risks appropriately and supervise progress against these plans, so ability to influence and have good communication skills are key. The specific functions and regions may change from time to time.
The Group has adopted SAP GRC to support Risk Management reporting and there is an opportunity to refine and improve the risk reporting and make the best use of the extensive system and the data within.
The role will report to the Head of ERM, work within a team of ERM Managers, collaborate with other 2nd line of defence functions, and a network of Risk champions in the business. The role will be based in Globe House, London, and BAT currently operates a hybrid model; the job holder will be encouraged to be present in Globe House 3 days per week.
This is an exciting opportunity for the right candidate to join us on our journey and evolution of risk management across the group, and to integrate risk-balanced considerations into strategic decision making.
Dimensions
- Strategic scope: Tactical Implementation.
- Number of Overseas Reporting Markets – 140 circa.
Key Accountabilities
- Assist the Head of ERM in the delivery of the Group’s ERM activities.
- Handle the delivery of the end-end ERM process and associated internal and external reporting requirements.
- Provide a technical escalation for queries arising from internal or external parties, with mentorship from line manager as required.
- Support discussions with risk managers across the group on risk topics relevant to BAT by asking probing questions and providing effective challenge.
- Be a liaison for specific functions and regions on risk management matters. Includes providing ad-hoc advice on risk management issues, facilitation/participation of regional, functional and group risk committee meetings.
- Identify trends by analysing risk deficiencies, risk events, tests and exercises, including supporting root cause and lessons learned analysis
- Support continuous improvement of ERM across the Group through design and delivery of training and awareness programmes and use of technology.
- Keep up to date with ERM standard methodologies and UK governance matters.
- Mentoring and training of junior risk team members as required.
Contextual Information
I. Context
BAT is a leading, multi-category consumer good business. Our purpose is to build A Better Tomorrow TM by reducing the health impact of our business through offering a greater choice of enjoyable and less risk products for our consumers.
We are a leading FTSE company with truly international credentials, and operate in over 140 markets, with more than 46,000 employees. We have been on a transformation journey over the last decade, and we look to continue our transformation in the future as we expand our portfolio beyond nicotine.
We recognise that such transformation and the associated changes in business processes and operating procedures, has an impact on risk profile and as such, the Group Risk and insurance team play a vital role in delivering risk management support to the Group.
BAT approach to ERM engages all functions and all geographies across the Group. The ERM team is mostly located at the head office in London.
II. Knowledge, Skills and Experience
- Relevant ERM qualification is desired.
- 5+ years’ experience in business partnering on risk, governance or technical matters preferred, 3+ years minimum experience required.
- 5+ years’ experience of multi-national ERM programmes and governance frameworks, including operational aspects is also a preferred, 3+ years minimum experience required.
- Technical knowledge of risk and control identification, assessment, monitoring and reporting, with background in at least one other function besides Finance – e.g. Marketing, Operations, or IT.
- Good understanding of BAT’s business and operating models is desirable but experience in large multinational organisations is required.
- Good knowledge and understanding of current topical themes in ERM is desirable.
- Good facilitation and interpersonal skills is required.
- Strong written and verbal communication skills required, able to produce high quality communication, and engage at all levels throughout the organisation.
- Ability to simplify sophisticated situations, synthesise and present sophisticated information is a pre-requisite, with a proven record of strong analytical capabilities.
- Strong IT literacy and knowledge is required. Strong excel, word and PowerPoint skill are also required. SAP GRC, or equivalent, experience would be preferable.
III. Working Relationships
Internal:
The role requires the holder to build effective working relationships across the group, including with the risk managers at functional, regional and End Market, across 3 Line of Defence functions, with the ability to contribute to the debate at all levels.
External:
External relationships will be developed with risk management service providers and with peers in other organisations.
BELONGING, ACHIEVING, TOGETHER
Collaboration, diversity and teamwork underpin everything we do here at BAT. We know that collaborating with colleagues from different backgrounds is what makes us stronger and best prepared to meet our business goals. Come bring your difference!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
What we offer you?
• We offer a market leading annual performance bonus (subject to eligibility)
• Our range of benefits varies by country and includes diverse health plans, initiatives for work-life balance, transportation support, and a flexible holiday plan with additional incentives
• Your journey with us isn't limited by boundaries; it's propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement, where your career progression isn't just a statement – it's a reality we're eager to build together. Seize the opportunity and own your development; your next chapter starts here.
• You'll have access to online learning platforms and personalized growth programs to nurture your leadership skills
• We prioritise continuous improvement within a transformative environment, preparing for ongoing changes
WHY JOIN BAT?
We’re one of the few companies named as a Global Top Employer by the Top Employers Institute – certified in offering excellent employee conditions.
At BAT, we champion collaboration, inclusion, and partnership as the bedrock of our values. We wish to foster an environment where every individual can thrive, irrespective of factors such as gender, sexual orientation, marital or civil partnership status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability, age, skills, experience, education, socio-economic and professional background, as well as diverse perspectives and thinking styles. We recognise that our strength lies in embracing talent from all walks of life, empowering us to develop our culture of inclusivity and better achieve our business objectives.
We view career breaks not as obstacles but as opportunities and encourage everyone, without hesitation, to apply. Through our Global Returners program, we provide support to professionals seeking to re-enter the workforce after an extended absence, be it for family care, parental leave, national service, sabbatical, or starting their own venture.
Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experience here.
We take pride in being a Disability Confident Employer. If you need any reasonable adjustments or accommodations to be made during the recruitment process to support you performing at your best, please inform the recruitment partner who will be in touch should your profile be selected for the role you applied for. We are wholeheartedly committed to optimising your prospects of success by making suitable arrangements so that you may showcase your full potential.
