Workflows Business Control Officer

Descripción del puesto:

The Business Control Officer (BCO) will lead the implementation of a robust risk and control framework within the business, consistent with LSEG policies and standards. This role will report to the Head of the Business and will co-ordinate activity across the business and centralised first line of Defence.
Responsibilities:
* Support the Head of the business to:Establish a strong risk culture within the Division, including risk awareness and training offeringEnsure business processes are robust, clearly owned, and operating procedures are well documentedEnsure controls are appropriately designed, operating effectively and periodically reviewed/tested. Document controls to ensure a complete and accurate control inventory, including the review and challenge of relevant risk-based control testing in line with Group Framework / GuidanceEstablish first line risk processes within the Division for risk identification and assessment and to support risk-based decisions, including (but not limited to): Risk and Control Assessments, New Product and Market Approvals, Third Party Risk Management, Financial Crime Compliance, etc. Ensure all identified risk remediation activities identified for 'Outside Risk Tolerance' risks are escalated and tracked within relevant governance forumsEnsure limit frameworks and KRIs are in place for controlling risk exposures with thresholds set in accordance with Group Risk Appetite and procedures established for managing breachesEstablish local governance to support risk-based decisions by the Divisional ERC, including procedures for issue escalation and reporting of incidents and breachesLeading the First Line of Defence (1LOD) risk assessment and maintenance of the Risk and Control Assessment (RCA) working with central first line of defence, including ensuring effective remediation actions are identified to address control vulnerabilitiesResponsible for escalation and reporting of any 'Outside Risk Tolerance' risks which are risk accepted by the business and on-going re-assessmentLead 1LOD and present incident reviews on material incidents, including documentation of root cause and remediations to mitigate risk going forwards. Provide 1LOD expert assessment of risks associated with new strategy, new products, major projects, or overall risk profile to business stakeholders.Ensure self-identified Audit issues are flagged to senior management. This hire will also co-ordinate with internal audit teams to support planned audits and review findings to plan remediation.
* Partner with Centralised 1st line of defence to:Review Line 2 requirements and provides input into key framework design decisions at senior level to ensure the approach works for the divisionEnsure Group Risk Policies and Standards are adhered to within the Division, including coordinating attestations and policy change oversight and waiver managementMaintain a Risk Register within the Division regularly reviewed and updated by the businessCoordinate the risk reporting and Ml produced by the Division to support divisional leadership and Group and Divisional risk committees to perform their risk-duties
Candidate Profile/ Key Skills:
* Overall work experience of at least 10+ years in Risk Management, Framework or related areas in Financial Services
Deep understanding of risk and risk management
* Previous experience of Risk Management requirements and controls to ensure compliance with external laws, internal policies, standards, regulations, and industry expectations.
* Previous stakeholder management and leadership experience.
Additional skills:
* Experience working with cross functionally teams such as tech and non-tech environment.
* Self-starter with a desire to deep dive and leverage data.
* Strong analytical and ability to influence without authority across teams.
* Strong leadership skills with a positive track record of developing talent.

Career Stage:Manager

London Stock Exchange Group (LSEG) Information:
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.

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