Assistant Vice President, In-Business Risk & Control

CLS-Group•Iselin, NJ

15h•$125,000 - $145,000•Hybrid

About The Position

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 offers the successful candidate the opportunity to make an impact and actively contribute to the evolution of the group. As part of the CCO team, you will play a key role in strengthening the oversight of operational risk, bringing risk and control subject matter expertise to partner with 1LOD business owners to proactively identify, assess and mitigate risks. You will provide 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. Performing controls assurance testing across 1LOD, ensuring remediation plans are in place where appropriate, and partnering with 1LOD to establish a well understood and documented control environment. Driving behaviours 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 1LOD control/ control remediation/ validation experience or external audit, 2LOD or 3LOD experience looking for an opportunity to move into 1LOD. The candidate is a key member of the CCO team who will work closely with 1LOD business owners in the management of risk and controls. This includes but not limited to: Risk Management & Control Framework, Stakeholder Engagement, Incident & Issue Management, Testing strategy and execution, and Data & Reporting.

Requirements

Proven experience of risk assessment, controls assurance testing and control delivery/remediation, either from a 1LOD ownership perspective or 2LOD/3LOD validation.
Ability to assess, design, and enhance control environments and to drive a risk-aware culture across business units.
Strong problem-solving skills, with a proactive approach to risk mitigation.
Strong written and verbal communication skills.
Attention to detail is essential, demonstrating high standards to the control and oversight of risk.
Knowledge of Financial Services, Financial Markets Utilities or another highly regulated industry sector is preferred.
Strong communication skills and collaborative communication style
Build effective working relationships with multiple internal and external stakeholders, negotiating effectively to bring different viewpoints together as appropriate.
Challenge the status quo, be a catalyst for change, driving and cultivating innovative thinking to solve complex problems. Ability to ‘speak up’, break down barriers and provide constructive challenge.
Take professional pride in making a difference, being proactive and delivering best in class solutions, creating long term value by addressing root cause issues.
Manage ambiguity, operating effectively and decisively to navigate a path forward.
Proficiency in Word, Excel, and PowerPoint and PDF. Experience of GRC systems is preferred.

Nice To Haves

Qualifications in any of the following specialisms would be beneficial but not essential: Risk Management, Internal Audit, Compliance, Project Management

Responsibilities

Support business owners to conduct risk assessments
Carry out controls testing as part of RCSA and in remediation of issues and incidents
Identify and deliver best practices in control standards across CLS and support the business in the identification of risks and controls.
Partner with business units, 2LOD risk, compliance, audit, and legal teams to enhance risk culture. Support audit engagements and work with the business to review the findings and define actions.
Support the identification, reporting, and resolution of risk incidents and control failures.
Support business owners to design and implement controls proportionate to CLS, including supporting remediation activity
Contribute to action plans to remediate issues, strengthen controls, and prevent recurrence consider design/operating effectiveness. Monitor and report on corrective actions
Contribute to the development of CLS’s testing strategy and methodology
Identify and deliver best practices in testing and control standards across CLS, engaging with the wider risk and controls teams to support continuous improvement
Consistently deliver assigned components of the risk assessment and testing plan (RCSA – risk and control self-assessment) on behalf of risk and control owners including reporting progress, escalating concerns and closing out matters identified in testing
Analyse risk trends and provide insights for proactive risk mitigation.
Ensure accurate documentation and reporting of risk events, control testing, and remediation efforts.

Benefits

401(k) match
variable compensation
Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
2 paid volunteer days
Generous parental leave policies
Parental transition coaching programmes and support services.
Wellbeing and mental health support resources
Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network)
Hybrid working
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
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.
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.