Associate / Associate Director, Operational Risk and Control (FTC - 6 Months) in London

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton’s extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton’s value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long-term value through transparent partnerships. Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally.

Role Relationships:

• Reports directly to the Head of Risk, London.
• Works closely with members of the Risk and Compliance team (London and Luxembourg).
• 1st Line business control owners across the group.
• Technology team.

Core Responsibilities:

• Assist in the design and execution of the Control assurance report for our investors, including gathering and aligning relevant key risk/control data, developing robust evidence log, providing guidance and challenge to business owners, and supporting the development of Management assertions.
• Help maintain and update assurance logs and follow up on outstanding actions.
• Monitoring and reporting of key risk remediation progress.
• Support risk and control design and effectiveness reviews of inherent high-risk processes.
• Support maturity initiatives in aligning all risk and control data for Risk events (errors), Assessments, Third party risks, and Operational Resilience against common taxonomies.
• Support design and development of GRC (Risk and control system) capabilities.
• Continual development of operational risk guidance and education e.g. RCSA, Change Risk and Risk Issue approaches.
• Control Assurance methodologies for ISAE3402 embedding.

Additional Responsibilities:

• Support the implementation and updating of related Risk management policies and procedures as directed e.g. Risk Appetite, KRI development.
• Support the production of Risk reports.
• Help coordinate responses to internal and external audit requests.

Risk and ESG Responsibilities:

• Act with integrity.
• Act with due care, skill, and diligence.
• Open and cooperative with the regulators.
• Pay due regard to the interests of customers and treat them fairly.
• Observe proper standards of market conduct.
• Ensure all Compliance activity takes into consideration ESG factors to maximise corporate sustainability and support the firm’s diversity and inclusion objectives.

Person Specification:

• Ideally 6+ years’ exposure to Operational risk in financial services preferably including experience in private finance and/or asset management.
• Strong experience in Operational Risk methodologies and their deployment through guidance and training.
• Control Assurance experience (design and effectiveness).
• Experience in supporting or leading agile change initiatives.
• Strong stakeholder engagement with track record of influencing change.
• Fluent in English and able to communicate effectively in a global organisation.
• Strong IT skills, particularly with Microsoft Office (Excel, Word, Outlook) and document management systems such as SharePoint.

Key Qualities:

• Strong organisational skills and attention to detail.
• Ability to prioritise tasks and manage multiple responsibilities.
• Good communication skills, both written and verbal.
• Willingness to learn and develop compliance knowledge.
• Collaborative, proactive, and able to work effectively as part of a team.
• Appetite and/or ability to learn and deploy AI opportunities across Operational Risk processes.

Culture:

• Builds trust and credibility.
• Is polite, respectful, collaborative, with a strong service ethic.
• Plans and prioritises effectively but is flexible and can work with complexity and ambiguity.
• Identifies key issues and provides optimal, evidence-based solutions.
• Is determined and resilient.
• Brings innovative and transformational thinking.
• Demonstrates a risk and compliance mindset.

The duties and responsibilities described here are not exhaustive; additional assignments may be required. Duties and responsibilities may be changed at any time, with or without notice, at Pemberton’s sole discretion.

Pemberton is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion or belief, sex, gender, gender identity or expression, sexual orientation, age, disability, national origin, ancestry, citizenship status, marital or civil partnership status, pregnancy or maternity, veteran or military status, genetic information, or any other characteristic protected by applicable law. We value diversity and are dedicated to creating an inclusive environment for all employees.

This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, transfer, termination, compensation, benefits, training, and development. Pemberton is also committed to making reasonable adjustments to accommodate the needs of disabled employees and applicants.

If you need a reasonable accommodation to complete your application, please contact People and Performance at careers@pembertonam.com.

To submit your application please complete the application form via 'Apply for this Job' below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application.