Head of Governance, Assurance and Risk - Submarines

Job Description Job Title: Head of Governance, Assurance and Risk Working Pattern: Full Time, On-Site Working location: Derby We are seeking an experienced and strategic thinking Head of Risk, Ethics and Governance & Assurance. This is a key leadership role responsible for ensuring as a business we ‘win right’ and ‘do the right thing.’ The ideal candidate will bring expertise in risk, compliance and assurance, have a good understanding of how the RR Submarines business operates, along with strong leadership capabilities to embed a risk-aware culture across the business. Why Rolls-Royce? Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount. We are proud to be a force for progress, powering, protecting and connecting people everywhere. We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey. What we offer We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts. Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week. What you will be doing Key Responsibilities: Risk Leadership of the Enterprise Risk Management (ERM) function including development and ownership of the Risk Management framework. Alignment of risk strategy to business strategic aims and objectives. Advise the executive team on key strategic and operational risks, controls and mitigation activities. Drive a strong risk culture across the organisation, ensuring risk is adequately considered in decision making. Maintain strong relationships with regulators, auditors, and other external stakeholders. Ethics Serve as a trusted adviser to senior leadership on ethical matters, covering all compliance policies. Establish, update, and oversee the implementation of policies. Promote a strong ethical culture, fostering transparency, integrity and accountability across the organisation. Design and implement ethics training and drive initiatives and/or comms to improve ethical awareness and behaviour. G&A Lead our governance framework, ensuring compliance with corporate policies and industry best practice, including ownership of the Submarines Operating Model. Ensure compliance to uphold integrity in our decision making, enhancing accountability, and driving transparency across the organisation. Oversight of risk management, compliance, internal controls and audit activities; providing independent insight to the exec. Implementation of an Assurance Strategy and Framework helping to safeguard the integrity, reputation and resilience in the business. Reporting business-wide assurance through the Quarterly Assurance Review (QAR). Who we’re looking for: At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles. Strategic thinking Analytical / problem solving skills Leadership Influencing at all levels Regulatory / compliance knowledge Integrity, discretion and ethical judgment Communication and training Working with boards, senior leadership and executive teams Conducting assurance and audits Qualifications / Experience: Degree or equivalent in a business, project management, risk or related field Professional certification in audit, risk, or assurance such as IRM (Institute of Risk Management) would be advantageous. Track record in developing or setting policies/strategies and then implementing successfully. A good understanding of industry best practice. We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realise their full potential. We welcome applications from people with a refugee background. You can learn more about our global Inclusion strategy at Our people | Rolls-Royce To work for the Rolls-Royce Submarines business an individual has to hold a Security Check clearance. Rolls-Royce will support the application for Security Clearance if you do not currently already have this in place. Due to the nature of work the business conducts and the protection of certain assets we can only progress applications from individuals who are a UK national or, in MoD approved cases, a dual national. Job Category Project Management Posting Date 24 Mar 2025; 00:03 Posting End Date 30 Mar 2025 Rolls-Royce pioneers cutting-edge technologies that deliver the cleanest, safest and most competitive solutions to our planet vital power needs.