Markets Senior Risk Manager (Fixed Term Contract)

Requirements

• Ideal candidate will have a minimum of degree level qualification.
• Have a background in Risk from a financial services institution.
• Ideal candidate will have worked in the financial services sector and have a good understanding of the financial industry.
• Knowledge of financial services regulatory regime and relevant policies and controls.
• Must have excellent communication skills and be keen to collaborate across the Group, with a global view on problem solving.
• Have a desire to adopt AI tooling into their work and have a strong use of Microsoft Office, specifically PowerPoint, Word and Excel.
• Has the sustained drive and energy to deliver support service to time and quality.
• Open to and willingly adopts new processes / approaches / ways of working; and seeks information/inputs from colleagues/clients.
• Oral and written communications are tailored to their audience’s needs.
• Willingly puts in the effort to ensure activities completed on time and to the quality required.
• Pro-active and demonstrates initiative.
• Prioritises activities according to business and operational need.
• Analyses issues to identify the most appropriate solutions; and utilises all available resources and toolsets to investigate and resolve problems.

What the job involves

• Group Risk function is responsible for ensuring the development and maintenance of a risk framework that enables management to deliver its strategy by balancing risk and rewards within the appetite approved by the Board.
• It is also responsible to ensure governance arrangements in place are adequate to effectively manage the strategic, financial, regulatory, and operational risks of the LSEG.
• This includes the development of risk strategies to manage across the risk taxonomy including business transformation, operational resiliency, financial crime, technology, cyber, third party and all other risk types.
• The risk function is a key contributor to the successful delivery of LSEG strategy.
• This is a role in Group Risk (2nd line) supporting the CRO for DSM, as part of the Markets Risk Team based in London, covering all aspects of the risk management for LSE plc, Turquoise and DMI and includes significant Board and Regulatory reporting.
• The role requires close liaison with the business, in particular Business Control Officers to ensure the risk management framework is fully embedded and the 1st line business heads to support the strategy and transformation risks.
• It requires a high degree of personal interaction, collaboration alongside risk management expertise.
• Support the Group Head of Risk for Markets and Chief Risk Officer for LSE plc to identify, assess, manage and monitor their risks against the risk appetite reported to the LSE plc Board and DSM CEO.
• Responsible for the preparation of Risk Committees, Board papers and Regulatory responses to support the CRO.
• Providing input and participating in Scenario, BCM and DR Testing, including review of output for vulnerabilities and risks.
• Encouraging best practice and continuous improvement and alignment with the Group Risk framework.
• Demonstrate adoption of AI tools into day to day work to generate efficiencies and deeper risk insights.
• Maintaining positive relationships across all three lines of defence so that the risk framework has full endorsement from leadership and appropriately addresses their risk management needs.
• Supporting the First Line team in delivering and maintaining the Risk and Control Assessment (RCA), whilst providing effective and robust review and challenge, ensuring effective risk remediation actions are identified to address control vulnerabilities.
• Ensuring all risks identified as being near or outside appetite have high quality remediation plans which are monitored through the relevant governance forums.
• Conducting topical investigations to deliver fresh risk insights.
• Providing independent Second Line assessment of emerging and change risks associated with new strategy, new products and major projects.
• Review and challenge of key controls and providing recommendations to enhance, develop metrics and assess for effectiveness.
• Attendance and participation in relevant risk committees, forums, project boards and workshops.
• Delivery of training and workshops to key stakeholders and employees as required.
• Puts project management methodologies in place e.g. schedules of work; progress reports etc.; and manages internal partners effectively and deals with challenge and conflict successfully.