Head of Controls and Regulation First Line - Manchester, Lancashire, United Kingdom, M21 0

£100-125k

The company is a leading provider of financial services.

  • Drive the implementation of the Aldermore risk framework across Retail Finance, ensuring it is consistently and successfully implemented and adhered to across all business areas and appropriately reflects the compliance and conduct risks within the function on an ongoing basis.
  • Drive a culture of operational, compliance and conduct risk management across the Retail Finance team that is understood by all, adhered to and enables a culture of effectively identifying and manage risks in line with the wider banks frameworks. Work collaboratively with the 2 Line Operational Assurance, Conduct, Compliance and Operational Risk teams to provide a clear line of sight of ownership and accountability.
  • Drive the implementation of the Aldermore risk framework across Retail Finance, ensuring it is consistently and successfully implemented and adhered to across all business areas and appropriately reflects the compliance and conduct risks within the function on an ongoing basis.
  • Drive a culture of operational, compliance and conduct risk management across the Retail Finance team that is understood by all, adhered to and enables a culture of effectively identifying and manage risks in line with the wider banks frameworks. Work collaboratively with the 2nd Line Operational Assurance, Conduct, Compliance and Operational Risk teams to provide a clear line of sight of ownership and accountability.
  • Quantify the business impact of forthcoming regulatory and legislative change, prioritise the business response and seek approval via the relevant channels including the Change Management Forum.
  • Drive delivery of the business response to regulatory and legislative change, tracking delivery and mitigating adverse customer impacts as appropriate.
  • Own and co-ordinate remediation activity, as required, in response to risk events and potential / actual customer detriment.
  • Support the business to effectively engage with regulators and trade bodies such as UK Finance to facilitate delivery against regulatory expectations and industry standards.
  • Prioritise and support delivery of actions in response to audit, compliance and regulatory findings.
  • Working with the leaders across Retail Finance, ensure the right business controls are in place to enable emerging and current key risks to be identified and managed.
  • Attend senior leadership meetings as assigned to oversee and challenge management of Business Controls.
  • In conjunction with the Head of Operational Assurance, develop Retail Finance Business Controls MI and reporting requirements that are understood and adhered too across the business area.
  • Ensure a clearly defined reporting mechanism is in place that can feed into the wider Aldermore Risk committees that are embedded across the business.
  • Provide expert advice, support and challenge to the business areas in respect of compliance and conduct risks.
  • Experience in both working in and leading a risk and control function.
  • Experience in both working in and leading a risk and control function.
  • Financial services industry experience essential.
  • Experience of working with risk control frameworks
  • Excellent communication skills and ability to challenge, influence and present to senior audiences.