Location
London

About The Role

FDM is a global business and technology consultancy seeking a 1LOD Risk and Control Executive Director to work for our client within the financial services sector. This is initially a 6- month contract with the potential to extend and will be a hybrid role that based in London.

Our client is looking for an experienced 1LOD Risk and Control Executive Director to join their CCO leadership team. You will be responsible for improving the oversight of non-financial risks and providing cross functional oversight across the first line. You will be expected to drive behaviours to foster a risk-aware and risk intelligent culture where employees recognise their roles as risk managers and the importance of the control framework.

Responsibilities

  • Identify and deliver best practices in control standards across the client, engaging with technology risk and control peers to ensure consistency across the CCO group where appropriate
  • Leading and developing a 1LOD team to develop and implement a consistent, effective, and efficient approach to the control of risks
  • Lead the business engagement with Audit from proactive planning to timely deliverables to review of issues/draft remediation plans, quality assurance/quality control of remediation and closure documentation to drive positive validation outcomes
  • Support the identification, assessment of risks and controls
  • Oversee control assurance testing, risk and control self-assessments, assessment of inherent and residual risk
  • Review remediation plans from a risk/control lens to ensure risks are sufficiently addressed, consider design/operating effectiveness, strategic/tactical solutions etc.
  • Review KRIs to ensure meaningful metrics for management oversight, review/challenge breaches to understand root causes, consult on lessons learned and work with business owners to develop a ‘path to green’ where appropriate.
  • Process mapping/business process management experience would be preferred but not essential
  • Lead cross-function control initiatives where appropriate
  • Build strong relationships with peers to enable cross functional oversight and develop and implement best practices
  • Demonstrate strategic mindset, link individual activities to the wider landscape to see the big picture
  • Challenge the status quo, be a catalyst for change, driving and cultivating innovative thinking to solve complex problems
  • Build effective working relationships with internal and external stakeholders, negotiating effectively to bring different viewpoints together as appropriate

About You

Requirements

  • Qualifications in any of the following specialisms would be beneficial: Risk Management, Audit, Compliance, Project Management, Process Mapping
  • Knowledge of financial services, financial markets utilities or another highly regulated industry sector is essential
  • Proven experience of managing internal audit engagement, control delivery/remediation and audit validation either from a 1LOD ownership perspective or 2LOD/3LOD validation
  • Experience engaging with regulators, both in person and in the preparation of documentation is essential
  • Highly proficient IT skills in Word, Excel, PowerPoint
  • Excellent verbal and written communication skills with ability to adapt to the audience (junior/senior, internal/external) to be effective and meaningful, breaking down complex problems in an easy-to-understand manner
  • Although operating at a senior level, attention to detail is essential, must demonstrate high standards to control and risk oversight
  • Ability to ‘speak up’, break down barriers and provide constructive challenge

About Us

Why join us?

  • Career coaching and access to upskilling throughout your entire FDM career
  • Initial upskilling pre-assignment that has been accredited by TechSkills
  • Assignments with global companies and opportunities to work abroad
  • Opportunity to obtain certifications from Microsoft, Salesforce, Cisco and more
  • Access to the Buy As You Earn share scheme

About FDM

We are a business and technology consultancy and one of the UK's leading employers, recruiting the brightest talent to become the innovators of tomorrow. We have centres across Europe, North America and Asia-Pacific, and a global workforce of over 4,000 Consultants. FDM has shown exponential growth throughout the years, firmly establishing itself as an award-winning employer and is listed on the FTSE4Good Index.

Diversity and Inclusion

FDM Group is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, national origin, age, disability, veteran status or any other status protected by federal, provincial or local laws.


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