Another award winning Risk Management graduate

Published on July 8, 2011 in Risk. 0 Comments

Richard Mackie, a BA(Hons) Risk Management graduate, has been awarded ALARM Risk Management Young Achiever of the Year 2011 for his work as Director of the Risk Management at the Barts and London School of Medicine and Dentistry.  This follows on from Richard’s success in the Risk Management Awards 2010 where he and Stephen Fox, also a BA (Hons) Risk Management graduate, won Risk Management Team of the Year.

Congratulations to both Richard and Stephen, it’s great to see their hard work being recognised by professional bodies.

Dr McChlery attends the South African Accounting Association conference

Published on July 8, 2011 in Accounting. 0 Comments

Stuart McChlery attended the South African Accounting Association’s bi-annual conference in George from 27th to 29th June. During the conference he presented a paper “Corporate Compliance with non-mandatory statements of best practice: The case of Oil and Gas Reserve Quantum”. Constructive feedback received included useful input from Robert Garnett from the International Financial Reporting Standards Foundation. In addition to this a collaborative study has been initiated with Tasneem Joosub and Warren Maroon of  Wiwatersand University on reserve quantum reporting within the South African extractive industries.

GCU-Jinan links continued

Published on July 8, 2011 in Finance and Teaching. 0 Comments

Graeme Dalziel and Steven Walters returned this week from departmental trip to the University of Jinan (UoJ) where both of them enjoyed the experience and described it as “ intellectually stimulating and invigorating”. As part of the GCU collaboration agreement with the University of Jinan, China, the Finance Investment and Risk team spent the month of June teaching 2nd year undergraduates in Jinan the core module material from the GCU BA Finance Investment and Risk programme.  Graeme and Steven’s teaching visit was a continuation from Dr Patrick Ring and Mrs Jennifer Adams trip, previously posted.

Patrick Ring and Jennifer Adams introduced the students to the concepts of UK Financial Services Regulation and the UK Financial Services market. Programme Leader Graeme Dalziel and Steven Walters concluded with the teaching of Corporate Finance.  Graeme Dalziel says “ this visit was intellectually stimulating and envigorating. Our approach was to give the class of 120 an insight into how we teach Corporate Finance in  Glasgow and to help them bridge the gap between academic theory and the issues in the real world of Corporate Finance outside China. For those more interested in the subjects and perhaps with the motivation of studying further in Glasgow we held seminars which involved them role playing and engaging in group discussions.” We expect some of the Chinese students to come to Glasgow to complete their degrees.

Graeme Dalziel in class seminar

Graeme Dalziel in class seminar

Risk Management Graduate gains traineeship with PricewaterhouseCooper

Published on July 8, 2011 in Risk. 0 Comments

Our Risk Management students have a good reputation of going on to work in a wide range of occupations. This is demostrated by Gary Cooper a 2011 BA(Hons) Risk Management graduate who has been successful in gaining a graduate trainee position with PricewaterhouseCoopers (Pwc) where he will undertake his Chartered Accountancy exams.

Congratulations to Gary on getting such a sought after graduate position.

Visiting Professor in North West University

Published on July 4, 2011 in Accounting. 0 Comments

Stuart McChlery visited North West University in June 2011 in his role as visiting professor. The visit included presentations to staff within accounting sciences on research methods. In addition  to this staff and masters students discussed their research on a one to one basis. A highlight of the visit was a visit to a platinum company after which it is hoped there will be some collaborative work undertaken regarding the collection and reporting of reserve quantum information within a mining entity. It is also hoped that there will be collaborative research work undertaken between NWU and GCU regarding a number of areas including accounting education with a study being envisaged of a comparison of the two institution’s accounting degrees.

ACCA Gold Approval

Published on June 27, 2011 in Accounting. 0 Comments

Following the recent Annual Monitoring Visit by ACCA, the Department has retained its  ACCA’s Gold Approved Learning Partners status for Session 2011/12.  Many thanks to all GCU staff and students who were involved in meetings during the visit.

 Contact:  Ken Waddell

More job opportunities for Risk Management graduates

Published on June 14, 2011 in Risk. 0 Comments

Great opportunity for a risk management graduate with one or two years experience to join a rapidly growing new company to shape their risk management function.  The Nucleus model is one of innovation and transparency within financial services and they are a leading warp provider to IFAs.  Nucleus is quite a young company – only four years old – and have a very entrepreneurial approach to business.  They currently have over £2.6bn of assets under administration and over 25,000 clients. 

Applications to be sent to Jenna.bennie@nucleusfinancial.com  including a CV with a cover letter detailing why you would like to join Nucleus, what you would hope to personally achieve by taking on the role and how you match the requirements in the job description.

Deadline Tuesday 21st June.

Risk Manager – job description

Success for Risk Management student in RBS Internship Programme

Published on June 14, 2011 in Uncategorized. 0 Comments

Ross Fraser, a level 3 BA (Hons) Risk Management student, has successfully gained a summer internship with RBS in their operational risk department in London.  After a challenging series of interviews, presentations and group work Ross was described as the star performer of the day and awarded the internship.  He will begin his position on 27th June.

Risk Analyst vacancy

Published on June 14, 2011 in Risk. 0 Comments

Market leading insurer currently seek a Risk Analyst to support the UK Head of Risk and UK Risk Manager in the development and execution of the risk programme and risk initiatives for the UK hub. 

KEY ACCOUNTABILITIES:
Support assessment and documentation of UK Risk Management Frameworks. Maintain and develop the UK Risk Registers which highlight the risks to achieving the hub’s and UK Legal Entities business objectives and the controls in place to mitigate those risks.  Liaise with and challenge the risk and control owners’ assessments of their risks and controls on a regular basis, assist in the identification and monitoring of actions to strengthen the controls and assist in the identification of operational loss events and emerging risks. Conduct risk reviews of business operations to confirm risk assessments and control improvements.  Assist the UK Head of Risk and UK Risk Manager in preparing Risk Reports to the UK Board and the UK Risk Committee. Assist in the development of the reporting including Key Risk and Control Indicators. Assist in the development and administration of the Group’s risk software and reporting tool, providing support to the group-wide risk team.

Together with the UK Head of Risk, UK Risk manager and the Enterprise Risk Management team:

• Participate in the development of an enhanced risk programme that embeds risk and capital management considerations in operational and strategic management.  
• Develop operational risk scenarios for the UK Hub and UK Legal Entities
• Support preparation of the ORSA and ORSA Reporting for the UK Head of Risk to present to the UK Risk Committee and UK Boards
Support the UK Head of Risk and UK Risk Manager in the facilitation of risk assessments around the impact of projects on the control framework and day-to-day business processes.

Develop an in-depth understanding of the risk-related regulatory requirements affecting the Syndicates and UK company.  Work together with the UK Compliance team to ensure compliance. Work closely with the Internal Audit and Compliance teams to consider results of internal audits, compliance reviews and any third party reviews for consideration in risk identification and assessment. Collaborate work to ensure leverage amongst the Group’s various assurance functions.  Participate as a member of the Group Risk Team. Finally, and in addition to the above key accountabilities, you may be required to undertake other duties from time to time as the Company may reasonably require.

This opportunity would be ideally suited to a graduate with 0-2 years experience. Previous experience within the insurance sector is not required.

Salary to £50,000 dependent upon experience.

Please contact Bianca Pennington at Oliver James Associates for full details. 0207 310 8781 or  bianca.pennington@ojassociates.com

GCU-Jinan links Enhanced

Published on June 13, 2011 in Finance and Teaching. 0 Comments

Dr Patrick Ring and Mrs Jennifer Adams recently visited the University of Jinan (UoJ) in Shandong Province, China, as part of GCU’s ongoing links with UoJ.  They were teaching elements of the BA Finance, Investment and Risk programme to UoJ students in their first and second years of finance and economic degrees in China.  It is hoped that some of these Chinese students will eventually come to study here in Glasgow.

Patrick commented: “This was an opportunity to provide Chinese students with exposure to lectures and seminars as experienced by GCU students. It was challenging and rewarding, both for the GCU staff and UoJ students.  We received lots of positive feedback from staff and students at UoJ, and were able to answer many questions that Chinese students had about GCU and about the student experience in Glasgow.  I am sure this will have helped develop the continuing links between Jinan and GCU.”