This exciting opportunity is within the UK Outsourcing Governance team that oversees the development and execution of the governance framework that supports the SMF24 in discharge of their prescribed responsibility for outsourcing under the Senior Manager Regime in accordance with Prudential Regulation Authority (PRA) and Finance Conduct Authority (FCA) regulations.
As a UK Outsourcing - Governance & Change Management - Associate, in UK outsourcing Governance team, you will be responsible for, on a day-to-day basis, working with Lines of Business to educate them on the UK Outsourcing requirements and ensure all requirements have been met under the UK Outsourcing Standard.
Job responsibilities
1. Acts as a subject-matter-expert (SME) of the UK outsourcing requirements and trusted advisor to the business
2. Ensures UK assessments are assessed for materiality and approved by the relevant senior management
3. Maintains appropriate SMF alignment and ensuring risks are acknowledged where appropriate
4. Validates SMF reporting and Legal Entity Forum Decks
5. Investigates aged outsourcing metrics
6. Responds to regulatory queries/attestations
7. Conducts Audit/Conduct and Operational Risk (CCOR) reviews
8. Manages PRA Register submissions
9. Assists with Change initiatives to evolve the framework
Required qualifications, capabilities and skills
10. Ability to build great working relationships with business partners in internal LOBs across the firm
11. Strong team player with aptitude for risk management, compliance, oversight and control
12. Understand the principle of a regulation and be able to apply to an operational process or control
13. Comfortable with Excel and presenting/comparing data sets
14. Experience in an investment banking regulatory, compliance or operational team
15. Able to demonstrate working in a control focused environment
16. Attested track record of working to deadlines, with accountability and responsibility for independent workload