Risk Manager - Controls Assurance
The 2nd line Operational Risk and Compliance Assurance team is accountable for delivering the annual assurance plan approved by divisional Risk and Compliance Committees. The plan must comply with Group Standards agreed with the General Manager, Operational Risk, Financial Crime & Assurance, and the Chief Compliance Officer. The Manager Controls Assurance role will perform independent reviews and evaluations that will assist management in exercising its responsibility to develop, maintain, monitor, and continuously enhance control frameworks and systems. This role also promotes the development of a strong, effective and enduring risk management culture. The role is responsible for contributing to the design and implementation of an effective three lines of defence risk assurance model, and will maintain effective engagement with external and internal auditors, and also be responsible for contributing to a high-performing, trusted and valued risk team.
In this role your duties will include, but not necessarily be limited to, the following:
- Perform 2nd line assurance reviews in accordance with the Risk and Compliance Assurance Manual that support the annual assurance plan over Prudential Standards in the Corporate team, and other areas of focus over high risk ORiP projects. * Deliver assurance opinion for the designated portfolio, working collaboratively with relevant colleagues * You will be working with divisional assurance home teams to embed risk monitoring & control practices in 1st line business. * Commitment to deliver assigned reviews from the annual assurance plan as approved by Divisional Risk and Compliance Committees * Design and execute testing plans in the review scope. * Identify and draft issues, prepare draft report and socialise with stakeholders, to ensure alignment with Risk and Compliance Assurance Manual requirements, and delivery of appropriate insight and conclusions * Develop and maintain business unit relationships to Senior Manager or Head of level * Contribute to the preparation of quarterly General Manager and divisional Risk and Compliance Committee reports * Oversee and manage individual assurance activities when necessary, delivering an assurance opinion in final report, including alignment of assurance activities with Group Audit, other Controls Assurance teams (domestic and international) and risk and compliance advice. * Collaborate with peers to collectively promote a high-performance culture and behaviours within the business unit, through role-modelling behaviours that reinforce collaboration and remove siloed approaches and mentality, encourage accountability and personal responsibility and continuous improvement.