Head - FSS Risk & Control Funds & Fiduciary

Job Summary

The role is responsible for the identification, assessment, and mitigation of risks within the Funds & Fiduciary Products. The role requires collaboration with 1st line Group / Country and Functional Ops Lead, 2nd line RFO (Ops Risk, CFCC, etc) and 3rd line (GIA) as well as BRMs within FSS, Markets and CIB to ensure compliance with regulations and to implement effective risk management strategies. Strong interpersonal and communication skills dealing with large group of stakeholders covering multiple locations or markets.

Key Responsibilities

• Business Risk Management : To ensure procedures cover key risks and ongoing processes / production reviews with respect to the Group ORF framework.
• To ensure completion of KCSAs / CSTs of the unit within the prescribed timelines and be responsible for the analysis and resolutions of any exceptions raised.
• To carry out root cause analysis of errors and complaints and institute corrective and preventive actions.
• To co-ordinate, drive and direct effective compliance and operational risk management.
• To work with Operations to design and implement controls to meet all regulatory and internal requirements.
• To manage risk issues as they occur and coordinate communication, mitigation and face off to senior stakeholders.
• To manage and influence direct / indirect operational risk management resources.
• To have an in-depth knowledge of FSS products and processes and be in a position to advise on control strategy going forward.
• To manage and co-ordinate the various regulatory and internal audits and reviews of the unit.
• To lead the identification, assessment, and mitigation of elevated and horizon risks within business risk appetite, creating monitors and controls where appropriate balancing risks with commerciality, and ensuring the process and control framework efficiently matches those risks.
• To escalate any elevated risk to local NFRCs and FSS NFRC.
• To escalate any elevated risk to Country Executive Risk Committee where appropriate and inform Global Markets BRMs where required.
• To support service management activities eg. Intra Group Agreements (IGAs), Business Continuity Planning (BCP) / assessment, Third Party Contingency Plan (TPCP), Third Party Risk Management (TPRM), etc.
• To implement policies and procedures into BAU (FSS specific and firm-wide).
• To be the “connector” between global and local and importing / exporting best practices.

Regulatory Compliance

People & Talent :

Regulatory & Business Conduct :

Key stakeholders :

Skills and Experience

We are an equal opportunities employer and are committed to creating an inclusive environment for all employees.

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