Director of Operational Risk & Finance Controls

107632 Capital Markets Operations; City of Edinburgh; Hybrid; GBP 135,000 - 147,400; Full time

Benefits offered by this job

Private medical cover

38 days annual leave

Excellent pension

12x salary life assurance

Career breaks

Income protection

Volunteer days

Flexible working

Job summary

Standard Life, a retirement specialist, seeks an experienced risk leader to join the Non-Financial Risk team. Based in London, Edinburgh or Birmingham, the role provides independent second-line oversight of operational risks across the Finance function.

Reporting to the Non-Financial Risk Director, you will lead a team of risk professionals, partner with the CFO, deliver risk insights, oversee ICFR/SOX, and support finance transformation programmes while building strong relationships with senior

Qualifications

• Significant experience in Operational Risk, Finance Risk, Controls Oversight, Audit, Assurance or Risk Management within financial services.
• Strong knowledge of ICFR/SOX controls, financial reporting, actuarial processes and treasury operations.
• Experience working within a Three Lines of Defence model, providing independent oversight and risk insight.
• The ability to build effective relationships and communicate with a broad range of stakeholders, including senior leaders and Board-level audiences.
• Excellent analytical, reporting and communication skills.
• Knowledge of relevant regulatory frameworks, including PRA, FCA, Solvency II and the UK Corporate Governance Code.
• Experience leading and developing teams, creating an environment where colleagues can perform at their best.
• A professional qualification such as ACA, ACCA, CIMA, CIA or equivalent.

Responsibilities

• Lead independent operational risk oversight across the Finance function, helping to ensure material risks are identified, understood and managed effectively.
• Act as the key Non-Financial Risk contact for the CFO and Finance Leadership Team, providing risk insight and guidance to support informed decision-making.
• Provide oversight of Finance’s risk profile, including adherence to risk appetite and the management of current and emerging risks.
• Support a strong and effective control environment through oversight of Internal Controls over Financial Reporting (ICFR/SOX).
• Review the identification, escalation and remediation of control weaknesses, working closely with Finance, Internal Audit and external auditors.
• Provide oversight and risk input on major Finance transformation programmes, assessing governance, risk management and control arrangements.
• Collaborate with specialist risk teams across technology, cyber, change and financial risk to deliver an integrated view of risk.
• Contribute to the continued development of risk frameworks, reporting and tools through the Risk Transformation Programme.
• Deliver clear and meaningful risk reporting to senior leadership, Executive Committees and Board Risk Committees.
• Create an inclusive, collaborative environment that supports the development and success of team members.

Skills

Operational risk

ICFR/SOX

Three Lines of Defence

Stakeholder management

Analytical skills

Regulatory knowledge

Team leadership

ACA/ACCA/CIMA/CIA

Education

ACA/ACCA/CIMA/CIA

Job description

Standard Life, a retirement specialist, seeks an experienced risk leader to join the Non-Financial Risk team. Based in London, Edinburgh or Birmingham, the role provides independent second-line oversight of operational risks across the Finance function.

Reporting to the Non-Financial Risk Director, you will lead a team of risk professionals, partner with the CFO, deliver risk insights, oversee ICFR/SOX, and support finance transformation programmes while building strong relationships with senior