About Servaada, a Wipro company:
Servaada is Wipro's UK entity, authorised by the FCA (the UK financial services regulator) to undertake regulated activities on behalf of its clients, as an outsourced service provider.
Effective Risk Management represents a core value at the centre of the platform and is not a passively achieved goal, it takes the continuous identification and understanding of our relevant risks, assessment, and evaluation of the adequacy of the relevant controls in line with risk appetites – and where required improvements. First line risk management requires a comprehensive understanding of risk management practices which then be overlaid on top of the intricacies of the operational processes.
The role holder will act as a key point between 1st line and 2nd line, helping to ensure risk events are managed effectively, and audit actions are closed in a timely manner. The role holder will also build a strong risk culture and support the Operations function and Senior Leaders in understanding and owning risk matters in a meaningful and pragmatic manner.
As an excellent communicator, you will ll utilise your proficiency in Microsoft Office applications predominately Outlook.
A positive attitude and a keen interest in the financial services industry will set you apart. While relevant experience or a financial services qualification would be advantageous, our comprehensive training ensures you have the tools to succeed.
~ Support the design and implementation of a first line risk function within Operations
~ Support Operations in delivering strategic goals for process improvements relating to risk management, including:
~ Risk Training
~ Operational control/regulatory adherence
~ 1st Line Risk Reporting
~ Management of Audit/Risk Incident Actions
~ 1st line monitoring reviews
~ Support Operations on risk escalations and risk management queries
~ Coach key individuals and lead Risk training sessions
~ Assist in the planning and liaison of both internal and external audits
~ Preparation and delivery of Risk reports/opinions to the COO Office, Executive Team and Board
~ Liaise with 2nd line risk function and the Operational teams to assist in management of their risk activities - such as recording risk incidents/breaches
~ Perform trend analysis on breaches and near misses, providing guidance and suggesting process revision where appropriate
~ Achieve and actively maintain skills and knowledge to adhere to the Training and Competence standards
~ Experienced in Risk Management practices
In depth financial services experience with strength in the understanding of a wrap platform
PC literate, in particular MS Office Products
Risk in Financial Services (CISI), Operational Risk (CISI), Investments and Risk (CII CF2) or equivalent industry recognised qualification
Servaada is an advocate for positive change and conscious inclusion. As a global employer, we strive to create a diverse Wipro family by remaining committed to the development of our culture, diversity, equality, and inclusion in the workplace.