Head of Risk and Control

Head of Risk & Control, Director

FTSE Russell is seeking a senior, experienced Head of Risk & Control to lead core first‑line risk processes across the global business, strengthening consistency, quality and defensibility of risk and control outcomes.

This is a Director‑level (GG15) leadership role managing a team of approximately 8–10 professionals across the UK, US and Asia, reporting into the 1LOD Head of Regulatory, Risk & Controls.

The Role

You will be accountable for leading the end‑to‑end Risk & Control lifecycle across FTSE Russell, with a focus on ensuring that core first‑line processes for Issue Management, Risk & Control Self‑Assessment (RCSA), and control design and implementation operate in a consistent, disciplined and scalable manner across the organisation.

• Issue Management Framework (End‑to‑End)
• Own and manage the end‑to‑end Issue Management framework, including issue identification, triage, assessment, remediation and closure.
• Ensure consistent application of issue management policies, procedures and controls in line with LSEG standards.
• Establish and maintain robust issue governance, including escalation, challenge and oversight forums.
• Lead execution monitoring, including remediation tracking, ageing and delivery rigor.
• Develop and enhance management information (MI) on issue health, including trends, hotspots and systemic risk drivers.
• RCSA (Risk & Control Self‑Assessment)
• Lead the annual RCSA process globally, ensuring completeness, consistency and quality of risk identification and control assessment.
• Oversee translation of RCSA outcomes into actionable remediation, including issue creation and tracking.
• Ensure RCSA outputs are robust, evidence‑based and aligned to underlying incidents, issues and control performance, supporting Board‑level reporting.
• Drive continuous improvement of RCSA methodology, cadence and underlying data quality.
• Control Design, Implementation & Uplift
• Lead hygiene and uplift of control design and implementation, ensuring controls are:
• Clearly defined
• Consistently documented
• Effectively embedded within business processes
• Partner with the Control Utility (Control Assurance function) to ensure strong linkage between:
• Control design
• Control testing outcomes
• Issue identification and remediation
• Drive improvements to the control lifecycle, including standardisation, traceability and alignment to risk frameworks.
• Governance, MI & Regulatory Alignment
• Ensure all risk processes operate with clear governance, defined accountabilities and audit‑ready outputs.

• Own and develop risk and control MI, providing clear insight on

• Risk profile
• Control effectiveness
• Issue lifecycle and remediation progress
• Support engagement with Internal Audit, Risk & Compliance and regulators, ensuring outputs are defensible and aligned to expectations.
• People Leadership & Global Delivery
• Lead and develop a globally distributed team, building capability across Issue Management, RCSA and Controls.
• Establish a consistent operating model across regions, reducing fragmentation and single‑point dependencies.
• Embed strong risk culture behaviours, including accountability, visibility and proactive identification of risk.

Essential

What We’re Looking For

• Extensive experience in 1Lo D risk and control, operational risk, or enterprise risk management within a regulated financial services or market infrastructure environment.

• Deep expertise in

• Issue Management frameworks
• RCSA processes Control design / control frameworks
• Strong understanding of risk governance, regulatory expectations and audit requirements.
• Proven ability to deliver global processes across multiple regions and collaborators.
• Demonstrated people leadership experience, managing and developing high‑performing teams.
• Excellent communication and influencing skills, engaging senior collaborators.

Desirable

• Experience implementing or operating within large‑scale remediation or transformation programmes.
• Familiarity with Metric Stream, Jira or similar risk and issue management tooling.
• Exposure to index, benchmark, data or analytics businesses.
• A solid understanding of benchmark regulation.

Why Join FTSE Russell?

FTSE Russell is a global leader in index and analytics solutions, operating in a highly regulated and client‑critical environment.

In this role, you will

• Shape how risk and control frameworks operate at scale across the first line.
• Drive consistency, transparency and accountability in core risk processes.
• Play a key role in maintaining regulator and client trust.

If you are looking to lead a high‑impact, globally visible risk and control function, we would welcome your application.

• Career Stage
• Director
• LSEG Information

Join us and be part of a team that values innovation, quality, and continuous improvement.

If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

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.

Working with us means being part of a dynamic organisation of 25,000 people across 65 countries.

We value individuality and enable you to bring your true self to work so you can enrich our diverse workforce.

We are proud to be an equal opportunities employer.

We do not discriminate on the basis of 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.

We can reasonably accommodate religious practices, mental health or physical disability needs.

We encourage sustainability and partner with customers to help them meet sustainability objectives. The LSEG Foundation provides charitable grants to community groups etc.

LSEG offers tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

All personal information will be handled according to our privacy notice.

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