Risk Manager

Job Description :

Job Title: Risk Manager

Contract: permanent

Location: Budapest

About the Function

Legal at Diageo is about more than managing risk, it’s about helping the business move forward in the right way.

Working across a global portfolio of brands, this team navigates complex legal and regulatory landscapes, from intellectual property and compliance to corporate activity and commercial partnerships. They work closely with teams across the business, offering clear, pragmatic advice that supports confident decision-making.

It’s a fast-moving, ever-evolving environment where no two challenges are the same. You’ll need sound judgement, curiosity and the ability to see the bigger picture, balancing risk with opportunity in a way that protects our business while enabling it to grow.

You’ll be part of a global community of lawyers who are not only experts in their field, but trusted partners to the business, shaping outcomes, influencing decisions and helping bring our brands to life responsibly.

About this role

The purpose of the role is to support the Head of Risk in the delivery and continuous enhancement of Diageo's risk management framework and associated programmes. The role plays an active role in helping to embed effective risk management practices across the organisation, supporting risk-informed decision making and the achievement of Diageo's long-term business objectives.

This includes working closely with risk operators, risk owners and business leaders to maintain high-quality risk information, support effective risk governance, and provide practical risk management guidance that strengthens business performance. The role also supports the production of risk reporting and governance materials for key stakeholders, including the Executive Committee and Audit Committee.

About you

The purpose of the role is to support the Head of Risk in the delivery and continuous enhancement of Diageo's risk management framework and associated programmes. The role plays an active role in helping to embed effective risk management practices across the organisation, supporting risk-informed decision making and the achievement of Diageo's long-term business objectives.

This includes working closely with risk operators, risk owners and business leaders to maintain high-quality risk information, support effective risk governance, and provide practical risk management guidance that strengthens business performance. The role also supports the production of risk reporting and governance materials for key stakeholders, including the Executive Committee and Audit Committee.

You will be responsible for

• Support the delivery of key risk programmes, as aligned with the Head of Risk. Examples include leading Provision 29 preparedness, supporting the refresh of Risk Management Committees (RMCs), and partnering with risk operators and risk owners to maintain high-quality Principal Risk information.

• Responsible for preparing analysis, drafting materials, coordinating inputs and maintaining reporting processes. Support the production of risk reporting, analysis and papers for key governance forums and stakeholders, including the Executive Committee and Audit Committee, ensuring information is timely, accurate and insight-driven. Maintains data quality, coordinates updates and facilitates assessments.

• Executes improvement projects and embeds changes. Support the continuous enhancement of Diageo's risk management framework, tools and methodologies, contributing to the implementation of improvements and the execution of key risk management priorities.

• Provide risk management guidance and support to the business, either on an ad hoc basis or through specific projects and initiatives, helping teams to identify, assess and manage risks effectively.

Experience/skills required

• Risk management qualification such as IRM Certificate, or relevant undergraduate degree.
• At least 3–5 years' experience in a risk management role, or operational execution of risk-related activities within an organisation.
• Experience supporting enterprise risk management processes, governance forums and risk reporting is preferred.
• Operational experience within a region, market or function is advantageous but not mandatory.

Working with Us

Flexibility is key to our success. Talk to us about what flexibility means to you so that you’re supported to manage your wellbeing and balance your priorities from day one.

Our purpose is crafting iconic drinks chosen for life’s moments. And it’s our people, with their different experiences, perspectives and talents, who make that possible.

We value diversity in its broadest sense and want everyone to feel they can belong, contribute and strive for their personal best. You’ll work alongside people with different backgrounds, experiences and perspectives — challenging, supporting and learning from one another as one outstanding team.

Together, we’re constantly learning and improving, combining the strength of our people, capabilities and iconic brands to raise the bar, grow and win. Wherever you join us, you’ll have the opportunity to contribute, make an impact and play your part in making life’s moments mean a little more.

Ready to bring your best? This could be your opportunity.

If you require a reasonable adjustment, please ensure that you capture this information when you submit your application.

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