Associate Director of Product Risk & Risk Management (FTC/ Secondment)

• An exciting opportunity has arisen within the Executive Office of Client Solutions Group (CSG), part of Corporate & Institutional Banking (CIB)
• CSG is responsible for delivering a broad range of products and solutions to our clients
• We’re seeking an experienced Product Governance and Risk manager to join our newly formed team, to strengthen governance, risk management and controls across CSG and enable the delivery of CIB’s growth strategy
• This role is responsible for supporting the delivery of the product governance and risk management agenda, ensuring robust governance frameworks, effective risk oversight and a strong control environment
• The successful candidate will provide independent challenge and oversight of product development, drive consistency in the application of governance standards, and oversee the management and remediation of key risk and control issues
• They will work closely with senior stakeholders across the business to identify emerging risks, strengthen controls, and ensure compliance with regulatory and Group requirements
• Extensive stakeholder relationship-building, strong risk management expertise and the ability to influence at senior levels are essential skills to delivering effective governance and sustainable risk outcomes across CSG and the wider organisation
• This role will be a catalyst for driving accountability and continuous improvement within governance and risk management practices
• Manage CSG’s critical governance meetings, including risk committees and product governance forums, ensuring robust first line risk management
• Support senior executives with governance preparation, management information, briefing materials and reporting
• Design, develop and maintain governance frameworks, standards and supporting documentation, ensuring consistent application across CSG
• Oversee CSG’s product governance practices, ensuring effective management of product-related risks, decisions and change activity
• Provide first line risk partnership, challenge and oversight to CSG teams to ensure that risks are appropriately identified, assessed and mitigated
• Conduct deep-dive reviews and risk assessments to pro-actively manage risks, captured through our end-to-end operational risk management system
• Coordinate and oversee risk remediation programmes to address control weaknesses and regulatory requirements
• Lead the resolution of complex cross-business risk and control issues arising from audits, regulatory reviews and second and third-line assurance activity
• Provide expert guidance on governance matters including Powers of Attorney, Material Risk Taker requirements and Delegated Authority frameworks

Benefits

• A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
• A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
• Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
• Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
• Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
• Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
• Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
• Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
• Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our ‘Your Tomorrow’ scheme. You can decide how much you save and get a say in where your contributions are invested.

Communication – Able to confidently and diplomatically communicate complex subjects in a clear and simple manner for senior leaders, committees, auditors and colleagues. Strong written and oral skills across various mediumsRisk Management - Extensive experience of Risk Management Frameworks and non-financial risk management disciplines. Able to provide oversight and challenge across risk identification, control effectiveness, issue remediation and risk reporting, supporting a robust and well-governed control environmentProfessionalism- A highly organised and trustworthy individual, capable of managing confidential matters and resolving complex issues with confidence. Comfortable multitasking across a broad range of activities, adapting quickly to changing priorities while maintaining attention to detailProduct Governance - Sound comprehension of product management risks, regulations and frameworks across the end-to-end product lifecycleProblem solving – Ability to identify emerging issues, identify root causes, assess risks and impacts, design practical solutions and drive sustainable remediationStakeholder management and influencing – Natural relationship builder who can lead cross-departmental projects, facilitate discussions, drive colleague engagement and challenge senior leadersData, Technology and AI – Comfortable with using data, analytics and AI to generate insight, identify emerging risks, improve decision-making, automate processes and enhance customer and business outcomesNatural curiosity – Demonstrated eagerness to learn, explore problems, challenge ways of working, and think strategically to make connections to the bigger pictureCommercial Awareness – Strong knowledge of how a large commercial bank operates, the range of products it sells, the nature of the clients it serves, and the financial and non-financial risks it generates through the course of businessAnalytical thinking – Adept at analysing disparate and sometimes limited data, interpreting complex information to identify key themes and emerging risks. Applies risk-based judgement to form balanced recommendations to leadership