Are you looking for a new opportunity to lead and develop a Controls Management Team?
As an Operations Control Manager, Nutmeg – Vice President you will be responsible for leading and building out an enhanced control framework which supports a continuous and integrated approach to risk assessment. Additionally, you'll ensure the team assists in top-down risk analysis, real-time control issue detection, escalation, root cause analysis, and remediation.
Introduction
The International Consumer Bank is home to many of the firm’s most innovative and cutting edge initiatives, including new products and services, acquisitions, investments, partnerships and collaborations. This role will support Nutmeg, which is focused on customer-centric offerings in investments and digital wealth management.
Our Control Management team is focused on getting smart ideas into the hands of our customers. We're looking for people who have a curious mindset, thrive in collaborative teams, and are passionate about new technology.
Job Summary
The Control Management team maintains a strong and consistent control environment through a joint accountability model that aligns managers with each line of business, function and region to mitigate operational risk.
Job Responsibilities
Day-to-day responsibilities will include:
Leading the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal policiesCultivate and leverage strategic relationships with business stakeholders to proactively identify and assess potential risks associated with both new and existing products. Collaborate to design and implement robust risk mitigation strategies that align with business objectives and regulatory requirements Develop a comprehensive understanding of the practices and processes within Trading and Operations teams utilising this knowledge to systematically identify potential risks and implement efficient risk mitigation measures that enhance operational integrity and support business deliveryConduct comprehensive risk assessments for product development and change initiatives, ensuring that all potential risks are identified, evaluated, and addressed.Monitor and evaluate the effectiveness of existing controls and recommend improvements as necessaryProvide training and guidance to staff on control processes and risk management practices and foster proactive risk management cultureContribute to Control Design & Expertise; Risks & Controls Identification/Assessment; Issue Management; and Control Governance & ReportingPartner effectively with control colleagues across the firm, business, operations management, legal, compliance, risk, audit and technology control functions to further establish and maintain business relationshipsSupport consistent and rigorous operational risk practices and control programs (including control committee reporting, risk mitigation, key risk indicators, control design, and controls performance evaluations)Review, analyse, and manage programme-related data (e.g. KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environmentContributing to cross-departmental initiatives (e.g. awareness programs, risk expos, trainings, etc.)Required Qualifications, Capabilities and Skills
Relevant experience in Operational Risk Management gained through working within a business area such as Product, Controls, Compliance or Audit within a large financial institution, regulator, consulting firm, retail investments manager or other similar/relevant Operational Risk/Controls environmentExperience in Trade support or trade execution would be highly beneficial Strong acumen for risk identification and assessment, and development of effective control mechanisms that mitigate these risksExcellent written and verbal communication skills with an ability to influence business leaders at all levels of seniority in a meaningful and actionable mannerExperience in partnering with business and other stakeholders to manage remediation of operational risk related issuesExperience process mappingEffective time management and prioritization skillsDetail-oriented with a high level of accuracy and integrityComfortable working in an agile and evolving environmentProficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)Preferred Qualifications, Capabilities and Skills
Experience using any of the following a plus: JIRA, Confluence, Alteryx or COREKnowledge of Wealth Management banking processes, regulations and riskUnderstanding of the investment management products Experience leading small teams or coaching junior team members#ICBCareer