Director - Enterprise Risk Management
2 weeks ago
As Director - Enterprise Risk Management, you will be responsible for leading and overseeing the Finance central risk and control activities, providing a holistic view across the global Finance function to balance customer, commercial, and risk interests. You will enable Finance to achieve its strategic objectives while operating within risk appetite by acting as a central point of contact for each FLT, providing Finance SME point of contact for 2nd/3rd LoD, and continuing to enhance and strengthen the control framework to ensure compliance with emerging regulatory requirements and internal policies.
Main Responsibilities:
- Lead dissemination, training, and awareness of risk management framework requirements and changes to support and maintain 1st LoD embeddedness.
- Support reviews, assurance, and testing performed by 1st, 2nd, and 3rd Lines as well as external stakeholders, and support regulatory engagement as required on an ad hoc basis.
- Monitor and evaluate the effectiveness of control processes and identify areas for improvement.
- Support embedding and ongoing enhancement of Operational Resilience requirements across the global Finance team.
- Support key change initiatives and new product launches, ensuring any change to risk profile is understood and within business appetite, and any new processes have effectively designed and documented.
Key Performance Indicators:
- Ensure key risk and control processes within Finance are developed, documented, and implemented in line with M&G plc Risk Management Framework and market standards.
- Manage and oversee 1st Line KCAs, including control testing scoping over Financial Close and Reporting Processes, in partnership with business areas.
- Coordinate, challenge, and oversee 1st LoD RCSA, ensuring regular consistent assessments of the control environment to identify significant and potential business risks and consistent reviews of the design and effectiveness of the controls mitigating those key risks.
Accountabilities/Responsibilities:
- Develop and maintain a risk management framework.
- Responsible for leading the Finance Risk and Control Committee as a robust governance forum, fostering relationship with 2nd and 3rd LoD through effective information exchange and inclusion in key decisions.
- Responsible for the production of risk and control MI and analysis to support effective decision making/risk management.
We live by four behaviours at M&G Global Services:
- Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed.
- Embrace Change - Be open to change, willing to be challenged, and able to adapt quickly and imaginatively to new ideas.
- Deliver Results - Focus on outcomes, set high standards, and deliver with energy and determination.
- Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive, and never overcomplicate things.
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