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. 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
~ Support Operations on risk escalations and risk management queries
~ Preparation and delivery of Risk reports/opinions to Senior Leadership
~ 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 quality checks on incidents raised, evaluate corrective and preventative actions to ensure they are fit for purpose
~ Perform trend analysis on breaches and near misses, providing guidance and suggest process improvements where appropriate
~ Basic understanding of Risk Management practices
Financial services experience, specifically a good understanding of wrap platforms
PC literate, in particular MS Office Products
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.