- Lead and partner with Centralized 1st line of defense to:
- Review Line 2 requirements and provides input into key framework design decisions at senior level to ensure the approach works for the division
- Ensure Group Risk Policies and Standards are adhered to within the Division, including coordinating attestations and policy change oversight and waiver management
- Maintain a Risk Register within the Division regularly reviewed and updated by the business
- Enables implementation of the Enterprise Risk Management Framework and its applicable elements defined by coverage area (e.g. Risk Assessments, Third Party Risk, Data Governance etc.) aligned with the Division’s key objectives
- Lead and partner with the functional Risk teams to meet the Business maturity scores as part of Risk Maturity Journey.
- Support the Head of the business to:
- Establish a strong risk culture within the Division, including risk awareness and training offering
- Leading the First Line of Defence (1LOD) risk assessment and maintenance of the Risk and Control Assessment (RCA) working with central first line of defence, including ensuring effective remediation actions are identified to address control vulnerabilities/Path to green
- Represents and reports their area of coverage to relevant committees, key stakeholders and senior management, providing expert advice and guidance to Committees in all matters relating to risk management for relevant area
- Ensure controls are appropriately designed, operating effectively and periodically reviewed/tested. Document controls to ensure a complete and accurate control inventory, including the review and challenge of relevant risk-based control testing in line with Group Framework / Guidance
- Establish first line risk processes within the Division for risk identification and assessment and to support risk-based decisions, including (but not limited to): Risk and Control Assessments, New Product and Market Approvals, Third Party Risk Management, Financial Crime Compliance, etc. Ensure all identified risk remediation activities identified for ‘Outside Risk Tolerance’ risks are escalated and tracked within relevant governance forums
- Ensure limit frameworks and KRIs are in place for controlling risk exposures with thresholds set in accordance with Group Risk Appetite and procedures established for managing breaches
- Establish local governance to support risk-based decisions by the Divisional ERC, including procedures for issue escalation and reporting of incidents and breaches
- Leading the First Line of Defence (1LOD) risk assessment and maintenance of the Risk and Control Assessment (RCA) working with central first line of defence, including ensuring effective remediation actions are identified to address control vulnerabilities
- Responsible for escalation and reporting of any ‘Outside Risk Tolerance’ risks which are risk accepted by the business and on-going re-assessment
- Ensure self-identified Audit issues are flagged to senior management. Also co-ordinate with internal audit teams to support planned audits, review findings and follow-up for plan remediation.
- Provides leadership, coaching and development to the team to drive high performance.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.
If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.
