Senior Risk Manager

Senior Risk Manager, Operations

London Stock Exchange Group (LSEG) are looking for Risk professionals in Bengaluru

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It's how we've contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years. Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity. LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG's ticker symbol is LSEG.

Role summary

The Group Risk Management function is responsible for ensuring the development and maintenance of an adequate risk framework that enables management to deliver its strategy by balancing risk and rewards within the appetite approved by the Board. It is also responsible to ensure governance arrangements in place are adequate to effectively manage all risks of the Group. The risk function is a key contributor to the LSEG's successful delivery of its strategy.

The Data & Analytics Operations function is at the forefront of advancements in data, analytics, and financial markets workflow solutions. They drive continuous improvement of D&A's content and services, and strive to deliver comprehensive data, deeper insights, and an extensive suite of services that provide substantial value to our customers.

Based in Bangalore, this senior manager role will directly be providing oversight of our Data & Analytics Operations function. The risk coverage team provides risk advice and supports the co-ordination of reporting and analysis of their risk profile. This role represents the 2nd line of defence and is responsible for providing oversight of the risk management activity and strategic risk partnering for the Data & Analytics Operations function within Group COO. The role covers all aspects of Operational, Financial and Strategic risk from a 2nd Line of Defence perspective, giving exposure to all areas of the Group.

Specifically, this role will have exposure to various elements of data content operations, including Real-Time, Quant & Economic Data, Pricing & Reference Services, and News. This also includes LSEG's strategic partnerships for next-generation data and analytics, A.I. integration and cloud infrastructure solutions which was announced in December 2022. We're looking for candidates who are curious about our ambitious business and want to influence 'Safe Growth' in a rapidly changing industry.

What you'll be doing:

• Maintaining oversight of risks for the Data & Analytics Operations function
• Guidance during development and transition to future state exception based straight through processes
• Identifying risks associated with the technical design and delivery of a new exception based straight through processes
• Helping to evaluate risks across operations including BAU risks, transformation risks, programme change, incident analysis, and monitoring of Key Risk Indicators (KRIs)
• Driving the maturity of the Enterprise Risk Framework across the function
• Maintaining positive relationships across all three lines of defence so that the risk framework has full endorsement from leadership and appropriately addresses their risk management needs
• Supporting the First Line team in delivering and maintaining the Risk and Control Assessment (RCA), whilst providing effective and robust review and challenge, ensuring effective risk remediation actions are identified to address control vulnerabilities
• Ensuring all risks identified as being outside appetite have remediation plans which are monitored through the relevant governance forums
• Attending incident review meetings and providing trend analysis of incidents from a Second Line risk perspective
• Conducting topical investigations to deliver fresh risk insights
• Providing independent Second Line assessment of emerging and change risks associated with implementation of new process and major projects
• Supporting First Line to gather controls to ensure a complete and accurate control inventory
• Contributing to the collation and preparation of materials for risk reporting committees
• Identifying and reporting risks to relevant committees, key business partners and senior leaders, providing expert advice and guidance in all matters relating to risk management for relevant areas
• Analysing key risk indicators and management information for new insights
• Collaborating as part of the D&A Operations Risk coverage team and across the broader Group Risk team, and engaging relevant partners in other Divisions, e.g. Business, Technology, Data Management, and Corporate functions

You'll bring:

• 10 years' experience working in Risk Management for organizations in the financial industry
• Degree in Economics/Finance or similar field.
• Experience in Non-Financial Risk Management (Technology / Data) with strategic technology change projects
• Grounding in A.I. integration preferred
• Demonstrable experience in Technology / Cloud / Data architecture
• Credibility and expertise to influence at the senior management level, providing active challenge in senior forums and with partners
• Good judgement with experience of balancing challenging factors to deliver optimal outcomes
• Ability to translate risk analysis of the BAU, transitional and end-states into impactful risk language and distil key messages for discussion
• Adaptability to work within a dynamic and ambitious business

At LSEG, we believe that creating a diverse, equitable and inclusive organisation is fundamental to the way we deliver on our promise – and our purpose. You'll be part of an organisation of over 25,000 people, spanning 70 countries. We recognise the individual perspectives each of our colleagues brings, and our diverse workforce is one of our greatest strengths. In supporting collaboration and creativity and encouraging new ideas across a diverse and inclusive workforce, we can improve how we are driving financial stability, empowering economies and enabling customers to create sustainable growth.

LSEG offers a range of tailored benefits and support from healthcare and retirement planning to paid volunteering days and wellbeing initiatives.

We are an equal opportunities employer. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information the London Stock Exchange Group (LSEG) ("We") may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.