Asset & Wealth Management - Business Risk & Controls - Associate - Richardson

Key Responsibilities

Strategic Risk Oversight: Report to the Head of UK Business Controls to support the Business Risk and Controls team, ensuring a robust business risk management framework that incorporates Risk and Control Self-Assessment (RCSA), control assurance, business resilience, business continuity, and incident management.

Policy Compliance: Ensure strict adherence to established policies, procedures, and authority levels across multiple cross-functional teams and processes.

Regulatory & Operational Strategy: Develop and execute strategies to manage Regulatory and Operational Risk, collaborating with 2nd and 3rd line teams to identify risks and manage issues in alignment with firm-wide policies.

Operational Resilience: Lead adherence to firmwide polies and standards on Operational resilience including Business continuity and Important Business Service obligations and activities

Event Management and remediation: Support ongoing adherence to issues and events management policies and standards. Working with the business to ensure timely reporting, logging and escalation of operational events and issues.

Risk Assessment: Complete ongoing risk assessments, analysing existing, new, and emerging risks to estimate their impact on the team and the wider business.

Global Collaboration: Partner with global Risk teams to ensure alignment in approach, leverage best practices.

Reporting & Dashboards: Deliver monthly Risk and Compliance dashboards and control testing reports to senior management.

Risk and Controls Frameworks: Strong knowledge in maintaining enterprise process inventories and operationalizing the firm’s risk and control framework to ensure end ‑ to ‑ end governance, traceability, and control effectiveness.

Requirements

Product Expertise: In-depth product and regulatory knowledge across Banking and Savings within a retail banking environment.

1LoD Experience: Proven experience in risk management, specifically operating within the First Line of Defense.

Analytical & Technical Acumen: Excellent business analytical skills with a high degree of attention to detail. Ability to understand complex digital business architecture and leverage technology for risk solutions.

Communication & Influence: Strong negotiation skills and the ability to influence stakeholders at all levels. Excellent verbal and written communication skills.

Agility: Ability to thrive in a fast-paced, evolving, start-up environment within a global institution.

Qualifications

• Approximately 5+ years of professional experience within a risk or control function (e.g., Compliance, Audit, or 1LoD Risk).
• In-depth understanding of Operational Risk within a regulated financial environment.
• Comprehensive knowledge of the UK financial services regulatory landscape, including management and legal requirements.
• Bachelor’s degree in Finance, Economics, or a related field preferred.