Manager Risk and Control | London, UK

London Stock Exchange Group; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company in the financial sector is seeking a Manager, Risk and Control to enhance their risk management framework. The role involves overseeing risk assessments, managing remediation efforts, and providing subject matter expertise. Ideal candidates will have extensive experience in risk management and internal controls, along with strong leadership and communication skills. This position offers the opportunity to influence senior executives and drive improvements in risk culture.

Qualifications

• 10+ years of experience in risk management, internal controls, or audit.
• Strong understanding of risk assessment methodologies and internal control frameworks.

Responsibilities

• Manage semi-annual risk assessment process and analyze emerging risks.
• Oversee remediation efforts related to self-identified issues and control deficiencies.
• Support execution of Risk and Control team annual projects.

Skills

Leadership

Problem-Solving

Communication

Education

Bachelor's degree in Finance

Master's degree or equivalent experience

Tools

MetricStream

Job description

The Manager, Risk and Control plays a critical role in enhancing the risk and control framework. This role is responsible for performing and maintaining a robust risk assessment process, ensuring effective remediation of self-identified issues and/or incidents, and providing risk and control subject matter expertise to key business collaborators.

The individual will work closely with the Head of Risk and Control, the Risk and Control Team's Business Control Officers (BCOs), senior leadership, risk owners, and other control functions to drive a strong risk culture and continuous improvements in risk management and control effectiveness.

This position primarily functions as a single contributor role, responsible for independently leading key risk and control activities and/or assisting BCOs in the performance and oversight of their assigned FTES Division/function. However, the individual may have management responsibilities when assigned, specifically in support of leading oversight over specific projects, coordinating workstreams, or providing mentorship and guidance to junior staff members. The Manager, Risk and Control will report directly to the Senior Manager, Risk and Control/BCO.

Key Responsibilities:

1. Semi-Annual Risk Assessment Management (RCSA)

• Support the semi-annual risk assessment process, ensuring alignment with corporate risk methodologies and frameworks.
• Analyze emerging risks, control gaps, and business changes to provide meaningful risk insights to leadership.
• Partner with business collaborators to validate key risks and controls and ensure adequate documentation within risk management tools.
• Support the development of risk assessment reports for governance forums and senior management review.

1. Self-Identified Issues and Incident Remediation (Incidents/Remediation)

• Oversee and manage remediation efforts related to Self-Identified Issues (SIIs), control deficiencies, and risk incidents.
• Work cross-functionally with risk owners, internal audit, compliance, and other assurance teams to ensure timely and effective remediation.
• Monitor and report remediation progress, calling out delays or emerging risks where necessary.
• Ensure appropriate documentation and evidence of remediation efforts in line with regulatory and internal expectations.

1. Risk & Control Annual Projects and Deliverables Management

• Support / manage the execution of Risk and Control team annual projects, ensuring timely completion of deliverables.
• Coordinate across key collaborators, including business leadership, second line of defense, and Compliance, to ensure deliverables align with agreed expectations.
• Drive the development and tracking of project landmarks, reporting progress to the Head of Risk and Control and respective RCT project lead.
• Ensure appropriate documentation, governance, and risk oversight mechanisms are in place to support transparency and accountability in project execution.
• Identify potential bottlenecks and proactively address any challenges to maintain project momentum and alignment with strategic objectives.

1. Management, Training, and Coordination with Risk and Control Champions (RCCs)

• Serve as the primary liaison to the Risk and Control Champions (RCCs) within assigned division/function, ensuring RCCs have a clear understanding of their roles and responsibilities.
• Develop and deliver training sessions, guidance materials, and ongoing support to RCCs to strengthen their risk and control capabilities.
• Establish clear timelines and expectations for RCCs regarding their contributions to key risk and control activities, including Risk and Control Self-Assessment (RCSA), remediation efforts, and control monitoring.
• Facilitate regular check-ins and coordination meetings to ensure RCCs remain engaged, aligned, and informed on risk and control priorities.
• Provide oversight and quality assurance on RCC deliverables, ensuring consistency, completeness, and alignment with FTSE's risk and control standards.
• Work closely with RCCs to proactively identify, assess, and address control weaknesses, raising concerns where necessary to maintain a strong risk and control environment.

1. Contribute to the FTSE Enterprise Risk Management Framework (ERMF) and Standardization of Risk and Control Procedures

• Actively contribute to the enhancement and evolution of the FTSE Enterprise Risk Management Framework (ERMF), ensuring alignment with industry standard methodologies and regulatory expectations.
• Support the development, refinement, and implementation of standardized Risk and Control procedures, fostering consistency across the organization.
• Collaborate with cross-functional teams to integrate risk and control methodologies into business operations, ensuring they are practical and effective.
• Provide subject matter expertise in seeing opportunities for process improvements, automation, and enhanced risk monitoring.
• Develop and maintain guidance documents, templates, and standard methodologies to support the broader adoption of standardized risk management approaches.
• Work closely with leadership to ensure that the Risk and Control function remains agile, adapting to emerging risks and evolving business needs.

1. Risk & Control Subject Matter Expertise

• Serve as a trusted advisor to business leaders by providing expert guidance on risk management, control effectiveness, and regulatory expectations.
• Proactively identify areas for control enhancements and operational improvements.
• Support the development and execution of risk and control training programs to strengthen risk awareness and accountability.
• Act as a liaison between the business and enterprise risk management functions to ensure consistency and alignment of risk management practices.

Qualifications & Experience:

• Bachelor's degree in Finance, Accounting or a related field (Master's degree or equivalent experience preferred).
• Professional certifications such as ACCA, CPA, CIA, CRMA, FRM, or other relevant designations preferred.
• 10+ years of experience in risk management, internal controls, audit, compliance, or related functions. Strong understanding of risk assessment methodologies, and internal control frameworks (e.g., COSO, SOX, ISO 31000), and regulatory requirements.
• Experience in managing remediation efforts, risk event management, and working with governance, risk, and compliance (GRC) tools (e.g., MetricStream).
• Strong leadership and collaborator management skills, with the ability to influence and challenge senior executives.
• Excellent problem-solving, analytical, and communication skills.

Preferred Skills & Competencies:

• Ability to work in a fast-paced, global environment and manage multiple priorities effectively.
• Experience in the financial services or as part of a global Internal Audit function is a plus.
• Strong reporting and data analysis skills to provide important risk insights to senior leadership.
• Ability to inspire change and continuous improvement in risk and control environments.