Role Overview
This position reports to the Chief Executive Officer and also has a dotted reporting line to EMEA Chief Compliance Officer.
Summary
• Risk Management
• Risk Committee
• Content Change Advisory Board (CAB)
• Compliance function – Regulatory, Legal
• Governance of policies & standards
• Audit, including continuous audit
You should be able to
• Lead the risk and compliance function – implementing & maintaining processes and systems to identify, assess, measure, manage, monitor and report risks
• Ensure that an effective risk and compliance governance model is in place
• Work closely with the management team to ensure robust controls are in place and gaps in controls are identified and closed
• Undertake reviews to evaluate and assess the compliance with policies, procedures & controls in place for managing risks
• Ensuring that appropriate escalation takes place, when risk incidents are identified, providing reviews and challenges on the quality of the root cause analysis and mitigating action plans to reduce the likelihood of further incidents
• Develop Key Risk Indicators (KRI’s) and Management Information Systems (MIS’s) to provide executive management with regular risk updates and assurance risks are being managed
• Manage internal and external audits as required, providing necessary pre-audit preparation
• Active participant in global risk and compliance meetings
• Engaging with our global compliance, privacy and legal teams to supply perspective on our compliance posture
• Work with project and development teams to ensure deliverables comply with competition law and other statutory and regulatory requirements
• Monitor regulatory developments and report any new or proposed regulation or legislation that may impact the company to management and other key stakeholders
• Assist with ad-hoc compliance queries and projects
What you will need
Experience
• Knowledge across all key risk types
• A minimum of 8 years working in a risk or compliance function
• Experience within a financial services environment operating within a Compliance, Risk, Internal Audit, Monitoring role including associated corporate governance
• Strong knowledge of EU Data Protection regulation, legislation and guidance
• Good knowledge of the wider IT assurance agenda – IT Security, Data Handling, Disaster Recovery, Business Continuity, Project Management etc.
• Knowledge of insurance industry and/or Competition Law is advantageous
• Strong analytical and problem solving skills
• Excellent team leading, interpersonal and communication skills; and
• Excellent drive, enthusiasm and commitment
Qualifications
• Degree level qualification in business studies, accounting or related discipline
• 8+ years’ experience in risk or compliance related role
• Previous experience in people management and leading teams.
You are
• Engaging, inspiring, and a source of energy for your team
• Strategic thinker, yet decisive, pragmatic and action-oriented
• Able to interact at all levels within a global and diverse organisation
• Comfortable and composed working in a high-pressure environment
• Able to prioritize tasks, work under pressure and meet deadlines
• Focused on attention to detail and accuracy and have strong analytic/diagnostic skills
• Flexible within the role and willing to get involved as required by the task at hand
• Self-driven and resourceful to achieve goals independently as well as work well in groups
• Adaptable to new challenges