As a Control Management Associate, you'll be responsible for ensuring the line of business has a sustainable and disciplined end-to-end control environment, identifying and escalating issues with a sense of urgency, and partnering with the Business to ensure issues are remediated in a timely manner. The team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.
Role Responsibilities:
- Assisting in the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal policies.
- Collaborating and build relationships with Nutmeg business stakeholders to identify potential risks associated with new and existing products, and develop strategies to mitigate these risks.
- Collaborating and build relationships with Nutmeg CASS (Clients Assets sourcebook) governance and oversight team stakeholders to identify potential risks associated and mitigating the risks in efficient manner
- Conducting comprehensive risk assessments for product development and change initiatives, ensuring that all potential risks are identified, evaluated, and addressed.
- Monitoring and evaluate the effectiveness of existing controls and recommend improvements as necessary.
- Providing training and guidance to staff on control processes and risk management practices and foster proactive risk management culture across ICB.
- Contributing to the Compliance and Operational Risk Evaluation (CORE) program by focusing on four key pillars: i) Control Design & Expertise; ii) Risks & Controls Identification/Assessment; iii) Issue Management; iv) Control Governance & Reporting.
- Partnering effectively with control colleagues across the firm, business, operations management, legal, compliance, risk, audit and technology control functions to further establish and maintain business relationship loops.
- Supporting consistent and rigorous operational risk practices and control programs (incl. control committee reporting, risk mitigation, key risk indicators, control design, and controls performance evaluations).
- Reviewing, analysing and managing programme-related data (e.g. KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environment.
Qualifications:
- ience in Operational Risk Management gained through working within Product, Controls, Compliance or Audit within a large financial institution, regulator, consulting firm and/or retail investments manager.
- Strong acumen for risk identification and assessment, and development of effective control mechanisms that mitigate these risks.
- Excellent written and verbal communication skills with an ability to influence business leaders at all levels of seniority in a meaningful and actionable manner
- Experience in partnering with business and other stakeholders to manage remediation of operational risk related issues.
- Experience process mapping
- Effective time management and prioritization skills.
- Detail-oriented with a high level of accuracy and integrity.
- Comfortable working in an agile and evolving environment
- Passion to grow as part of a team
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)