Lead Risk Liaison Officer

Columbia Threadneedle Investments
London, United Kingdom
26 Jul 2022
25 Aug 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Columbia Threadneedle Investments

What working at Columbia Threadneedle offers....

Working at Columbia Threadneedle Investments you'll find the promise we make to our clients is the same one we make to our employees: Your success is our priority.

Here, you'll find growth and career opportunities across all of our businesses. We're intentionally built to help you succeed. Our reach is expansive with a global team of 2,000 people working together. Our expertise is diverse with more than 450 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements.

Job Purpose Statement

Where you'll fit in & what our team goals are...

To oversee and act as a point of liaison on the delivery of operational and regulatory risk management across the all areas of the business. Coordinating the BRLOs to maintain consistent communication with senior leadership in discharging their risk management and control obligations in line with policy and regulation. Provide input to risk management strategies and objectives and ensure an integrated risk framework and strong control environment by leading the organization in the proactive identification of risk, continuous control improvement and issue mitigation.

Role Responsibilities

How you'll spend your time...

Operational Soundness:
• Provide risk & controls thought leadership and expertise, across functions and in conjunction with second line risk.
• Lead the development of risk management strategies that drive identification, quantification and mitigation of risk within the business, while providing a depth of knowledge and influence.
• Lead the review of the BRLO's inventories/maps/KRIs from a first line perspective.
• Own select policies and procedures and recommends updates as required.
• Integrate Business Continuity Planning exercises into risk management processes.

Operational Risk Management:
• Work with BRLO's to ensure risks, processes and control activities that cross functional responsibility are properly considered and activity allocated
• Provide knowledge and expertise to the management of complex risk incidents to ensure thorough communication, timely risk event action remediation and root cause identification. Own the resulting controls/mitigation.
• Evaluate internal risk trends and leverages industry knowledge to recommend actionable solutions.
• Provision of oversight to ensure that the first line testing of ISAE controls is conducted and effective remedial actions considered.
• Own the ISAE 3402 report, including setting the scope and managing the reporting accountant.
- Manage the integration of multiple ISAE reports.

• Have oversight of the Business control meeting outputs and ensure appropriate follow-ups on most critical items.

Risk Expertise:
• Benchmark industry-wide data and stay up to date on trends, best practices, issues, and concerns. Maintain knowledge of Risk/Compliance guidance, champion 2nd line Risk initiatives, present strategic recommendations to Heads of Business.
• Establish strong, trusted internal partnerships with other senior Business Risk & Controls colleagues to facilitate sharing of information and disciplines to ensure a consistent and coordinated level of service is provided.

People leadership:
• Ensure accuracy and timeliness of work product across the BRLO team through intelligent coordination of priorities.
• Draw on coaching and influencing skills to position the 1st line Risk work as a vital point of support to leaders in the regulatory environment.

Key Capabilities

To be successful in this role you will have...

• Deep Risk/Control knowledge and expertise: thorough understanding of current techniques in operational risk management, controls and operational soundness.
• Analysis: assess multiple data points to develop an actionable plan that is aligned with business objectives.
• Program management: put in place mechanisms and oversee business unit deliverables with respect to the control environment.
• Governance: design, establish, and oversee an integrated governance framework that supports Business Unit head understanding and actioning of key issues; ability to identify escalations as required.
• Influence: influence other stakeholders to deliver on their operational risk responsibilities by providing strong thought leadership.
• Experience in an operational risk, controls, business management or audit.

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