5+ years of experience in Technology Risk Management, Internal Audit, or Compliance
Experience with Internal Audit engagement and control remediation
Knowledge of Technology delivery within Financial Services
Familiarity with regulatory engagement preferred
Experience in a highly regulated industry sector is essential
Responsibilities
Improve oversight of non-financial risks by partnering with business owners
Drive best practices and consistency in control standards across the first line
Foster a risk-aware culture among employees
Develop and implement effective risk control approaches
Monitor and report on corrective actions and risk metrics
Support cross-Technology control initiatives and build strong peer relationships
Consolidate and report on risk and control activities to stakeholders
Benefits
25 holiday days and 3 'life days' for UK/Asia employees; 23 holiday days for US employees
2 paid volunteer days for community support
Generous parental leave policies
Wellbeing and mental health support resources
Hybrid working model for work/life balance
Monthly 'Heads Down Days' with no meetings
Generous non-contributory pension provision for UK/Asia and 401K match for US employees
Private medical insurance and dental coverage
Access to a comprehensive learning platform with 1000+ courses
Discounted gym membership for US employees
Social events for networking opportunities
Full Job Description
Job information:
Functional title - VP, Technology Risk and Control
Department - Chief Controls Office
Corporate level - Vice President
Report to - Executive Director, Technology Risk and Control
Location - NJ or NY
Expected full-time salary range between $150,000 - $175,000 + variable compensation + 401(k) match + benefits.
Note: Disclosure as required by NY Pay Transparency Law of the expected salary compensation range for this role.
What you will be doing:
This is an exciting opportunity for a talented individual to join our Chief Controls office (CCO), a dedicated first line risk and control function. This role has arisen due to the expansion of responsibilities, offering the successful candidate the opportunity to make an impact and actively contribute to the evolution of this new group.
As part of the CCO team, you will play a key role:
Improving the oversight of non-financial risks, bringing risk and control subject matter expertise to partner with 1LOD business owners to proactively identify, assess and mitigate risks.
Providing cross functional oversight across the first line, driving best practices and consistency in control standards for the effective control of risks to within risk appetite.
Driving behaviors to foster a risk-aware and risk intelligent culture where employees recognize their role as risk managers and the importance of the control framework
The role would suit candidates with 2LOD/3LOD experience looking for an opportunity to move into 1LOD, or candidates with 1LOD control/control remediation/ validation or Technology experience.
Strategic:
Develop and implement a consistent, effective and efficient approach to the control of risks
Identify and deliver best practices in control standards across CLS
Lead Technology's engagement with Audit, also key liaison with 2LOD Risk and Compliance
Operational:
Support the identification, assessment of risks and controls
Review remediation plans from a risk/control lens to ensure risks are sufficiently addressed, consider design/operating effectiveness, strategic/tactical solutions etc
Monitor and report on corrective actions
Contribute to risk appetite statements and emerging risks
Review KRIs to ensure meaningful metrics for management oversight, review/challenge breaches to understand root causes, consult on lessons learned exercises and work with business owners to develop a 'path to green' where appropriate
Consolidate and report on the results of risk and control activity to internal stakeholders, escalating as required
Leadership:
Support adhoc cross-Technology control initiatives where appropriate
Build strong relationships with peers to enable cross functional oversight, and develop and implement best practices.
Share knowledge and experience with other members of the team, driving consistency and 'added value'
Establish positive working relationships with senior stakeholders across the business.
What we're looking for:
Experience of Internal Audit engagement, control remediation and audit validation either from a 1LOD ownership perspective or 2LOD/3LOD validation
Knowledge of Technology delivery within Financial Services, and ability to demonstrate an understanding of key challenges and risks which must be mitigated and managed to enable successful delivery
Minimum of 5 years or more of experience in one of more of the following:
Technology Risk Management
Internal Audit
Compliance
Knowledge of Financial Services, Financial Markets Utilities or another highly regulated industry sector is essential
Experience of regulatory engagement preferred.
Professional qualifications / certifications
Qualifications in any of the following specialisms would be beneficial but not essential:
Risk Management
Internal Audit
Compliance
Project Management
Technology process governance
Our commitment to employees:
At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:
Holiday - UK/Asia: 25 holiday days and 3 'life days' (in addition to bank holidays). US: 23 holiday days.
2 paid volunteer days so that you can actively support causes within your community that are important to you.
Generous parental leave policies to ensure you can enjoy valuable time with your family.
Parental transition coaching programmes and support services.
Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
Employee Networks (including our Women's Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don't.
Active support of flexible working for all employees where possible.
Monthly 'Heads Down Days' with no meetings across the whole company.
Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
Private medical insurance and dental coverage.
Social events that give you opportunities to meet new people and broaden your network across the organisation.
Annual flu vaccinations.
Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
Discounted Gym membership - Complete Body Gym Discount/Sweat equity program for US employees.
All employees have access to Discover - our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.
