The Risk and Control AVP will report to the EMEA Regional Risk and Control Head for Custody Operations and will be responsible for supporting the drive of Risk and Controls, Audit and Governance Globally and also supporting the broader Custody organization.

This role will require you to work in close partnership with each of the functional areas as well as O&T Risk and Control and the business functions to support the assessment of the risk profile of processes and to support a robust risk framework that pro-actively identifies and mitigates emerging risks. The role is also expected to bring thought leadership to the Managers Control Assessment (MCA/GRC) framework along with a critical assessment of the results.

Responsibilities:

• Coordinate Risk Assessments and Identify and escalate any Risk and control gaps in individual Assessment Units by driving quality and consistency across Custody Operations in EMEA

• Review monthly Controls results through Key Risk Indicators and ensure to implement, manage and track remediation plan (Issues and Corrective actions plans) for initiatives owned providing regular updates to stakeholders and the management team

• Prepare for and support the business for Audits within Custody Operations in EMEA including coordination of deliverables, ongoing Management reporting and timely escalation of Issues

• Produce Risk and Control data required for internal senior management reporting

• Complete analysis on root cause and control failure themes when assessing operational risk events for Custody Operations in EMEA and present data to Senior Management

• Drive the implementation of controls best practices across locations in EMEA

• Take part in the regular/ad-hoc reviews of high risk areas to monitor risk levels and quantify the potential financial exposure related to those risks

• Ensure appropriate adherence to all regulatory and policy changes across the Custody Operations team with assistance from Compliance and Independent Controls partners  

• Governance/monitoring of Balance sheet exposure reporting (BSER)

• To drive change in mind-set towards proactive thinking and to design and implement appropriate training across Custody Ops organization

Skills & Experience:

• Previous relevant experience

• Experience in Operations Risk & Controls, Securities Services knowledge preferred.

• Proven ability to operate at a business analytics level with an excellent understanding of end to end operations processes

• Ability to support change in a complex environment

• Excellent written and verbal communication skills with ability to communicate and influence

• Self-reliant problem solver, results oriented

• Organizational and project management skills, able to work under pressure and prioritize to deadlines

• Experience in dealing with internal and external auditors

• Bachelor’s Degree/University degree or equivalent experience