Risk Management VP
Integral to the day-to-day operations of financial institutions is a well ingrained and reactive Risk Management Framework. Many of banking institutions that Venn Group have partnered with are continuously seeking opportunities to proactively avoid enterprise-wide risks through proactive and pre-emptive upskilling, improvement of existing frameworks, and the establishment of new processes that allow for more effective operations.
As such, Venn Group are working with a bank in London seeking to augment their Audit and Risk Management Functions through the recruitment of a VP-level hire; the role-holder will assume responsibility for managing a range of complex audits and assessments, coordinating the adherence to external regulatory obligations as well as internal guidelines set by the bank.
The role-holder will be responsible for the following:
- Consistently develop ongoing internal audits and establishing streamlined reporting mechanisms
- Actively contributing to regular and ad hoc Audit Committee meetings, responsible for identifying and mitigating risks to the business through avoidance of risk-conducive activities
- Categorise risk events as low/medium/high, as required, adopting proactive stances to intervene and propose solutions to enterprise-wide issues
- Offer consultation to non-technical (i.e. non-Risk and/or non-Audit) departments to facilitate effective communication internally
To be successful in the role, applicants must demonstrate the following competencies:
- Substantial Audit and Risk experience from a related industry (banking preferred but adjacent sub-sectors considered)
- Direct experience performing internal audit reviews within Risk, Audit, Operations environments
- Confident interfacing with stakeholders individually and in broader meetings
- Offer independent consultation and leadership to more junior members of staff
- Identify key risk and control discrepancies and weaknesses, offering clear and defined roadmaps that can be both distributed internally, for the sake of adoption, and presented externally, for the sake of regulatory scrutinization
- Ad hoc interfacing with external parties will be required, as such effective communication skills in both written and verbal mediums will be required
If you feel that you would be well suited to apply your skills and experience in this position, please apply to this advert so that a member of the Financial Services team at Venn Group can reach out.