The main purpose of this role is to assess the impact and manage the assurance and oversight over operational risk for the Quilter Group Finance Function ensuring full compliance with the Group Operational Risk Framework. Operational risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.
About us The Quilter Group is a leading provider of advice, investments and wealth management, with a portfolio of £118.7 billion of investments on behalf of over 900,000 customers worldwide (as at October 2019). Our focus is on creating prosperity for the generations of today and tomorrow by providing financial solutions for investors around the globe, and we operate primarily in two main segments - Advice & Wealth Management and Wealth Platforms. You won't just find diverse, talented and friendly teams here. You'll also discover an inclusive culture and every opportunity for personal and professional development.
About the role Some of the key responsibilities of this role are:
Leading the capture, documentation, assessment and assurance activities for all Operational Risks for Group Finance.
Evaluate the level of inherent risk exposure and work with the teams to design appropriate controls to reduce the residual risk to within risk appetite.
Perform testing over the design and effectiveness of in scope key controls, ensuring adequate coverage per the agreed methodology.
Perform walkthroughs of high risk / complex areas to assess adequacy of control design.
Provide operational risk MI and reporting to senior management and the BU CFOs , which provides assurance and oversight over the effectiveness of the management of Operational Risk within Finance (in line with the services agreed under the Service Management Framework).
Perform bi-annual Risk and Control Self Assessment for Finance, ensuring all relevant systems and documentation are kept up to date, actions are recorded and effectively owned and tracked.