Duration: 12 Months (Possibility for extension)
Location: London/Hybrid (3 days per week on site)
Rate: A highly competitive Umbrella Day Rate is available for suitable candidates
Role Profile
The purpose of the Control Technical VP is to work closely with the Control Technical Director to support the execution of the Control Office agenda, including but not limited to:
Conducting control validation for specific controls
Embedding supervisory control owned by the Control Office
Supporting projects with technical control requirements.
Developing an approach to monitoring risk culture.
Key Responsibilities:
Leading and overseeing risk owners, control owners and other relevant senior management within the Department to ensure that (i) all risks are identified, assessed and managed, and (ii) the control environment is robust, comprehensive, and effective.
Ensuring robust and comprehensive governance of risk and controls.
Providing independent and insightful analysis of the risk and control environment.
Leading rigorous investigations of Operational Events to ensure that root cause is identified and solutions to prevent reoccurrence are identified and implemented (where appropriate).
Conducting deep dive "Risk Reviews" to assess how robustly and comprehensively risks are mitigated and/or investigate potential weaknesses in the control framework.
Driving remediation of weaknesses in the control environment (for example, issues identified by Risk Reviews or Audit findings)
Supporting the Control Assurance team in their work to (i) assess the operating effectiveness of controls through control testing, and (ii) assess the effectiveness of risk identification and mitigation through thematic risk reviews.
Leading initiatives to assess and enhance the risk culture within the 1LoD.
Collaborating with 2LoD on the implementation of risk policy and risk frameworks and assist them in executing their responsibilities to provide oversight of the 1LoD.
Supporting and mentoring junior control officers to develop their skills and knowledge in risk management and control environments.
Skills & Experience:
Risk Management:Extensive understanding of risk management frameworks and control environments.
Business Knowledge:Deep knowledge of Commercial and Investment Banking products and services - and the end-to-end processes and infrastructure required to deliver these products and services to customers. Significant experience in identifying and addressing deficiencies in risk management and/or control operation across the full product lifecycle and/or end-to-end processes.
Market Best Practice:Strong understanding and awareness of market-standard approaches for risk mitigation and control design and execution. Familiarity with relevant regulation and regulatory expectation across EMEA.
Stakeholder Management:Proven ability to build positive working relationships with senior stakeholders (e.g. Department Head), able to become a "trusted advisor" whilst maintaining the ability to provide robust challenge.
Communication:Excellent written and verbal communication skills. Able to communicate effectively at all levels of the organisation. Able to convey complex topics simply and to articulate issues in a way that eases decision making and drives action
Experience: Extensive experience in a risk management and/or control office function in a major financial institution.
Candidates will need to show evidence of the above in their CV in order to be considered.
If you feel you have the skills and experience and want to hear more about this role 'apply now' to declare your interest in this opportunity with our client. Your application will be observed by our dedicated team.
We will respond to all successful applicants ASAP however, please be advised that we will always look to contact you further from this time should we need further applicants or if other opportunities arise relevant to your skillset.
Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention
Salary description
£750.00 - £800.00 per day