Head of Assurance - London, United Kingdom - LegalAndGeneral

LegalAndGeneral

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Company Description
The world of investment is changing. Our vision at
Legal & General Investment Management is to create a better, more sustainable future through responsible investing.

We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world.

Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds.

To meet our clients' complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds.

We're focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.

Salary:
Up to £110,000

We are currently hiring for a Head of Assurance to join our team.

The role holder will join our team of risk professionals as part of the global CRO function to further develop and run our 2nd line Assurance Function.

The role holder will take responsibility for developing the assurance team and programme of work, partnering with the business to provide value added assurance reviews, playing the role of "critical friend" to further help enhance and improve our internal control environment.

Our Assurance Function is evolving, so the role requires being hands on and being part of the journey as we partner with the business and co-ordinate with the rest of 2nd line and Global Internal Audit to help the business manage risk.

What you'll be doing

Leadership and Stakeholder Management

Liaising with business areas and sharing knowledge to make sure the Assurance Team is up to date with strategy, business initiatives, major projects and areas of high risk. Maintains an open and effective dialogue with all stakeholders, including business and team members.
Defining and executing an annual assurance review roadmap covering LGIM's core business activities.
Building an effective assurance team providing the required level of support to build confidence in the team and ensuring they are adequately trained and developed, understand expectations and gain knowledge of the LGIM businesses.
Liaising with 1.5 lines, second and third lines of defence, and making sure we are interacting with the business in a cohesive manner and that assurance coverage and reporting are consistent.
Developing close working relationships with senior influencers throughout LGIM to resolve barriers and to further enhance and improve our internal control environment.

Globalisation

Helping take forward our globalisation agenda, working with stakeholders across the LGIM business and embedding assurance reviews globally.

Assurance reviews

Working collaboratively with the 2nd line Risk Advisory team and the output of Risk Certification Self Assessments (RCSA's), assessing areas and processes of high risk in the business to prepare an annual assurance plan. Reviewing Internal Audit and Compliance review plans to achieve maximum assurance coverage and reduce duplication and pressure on the business. Ensuring the plan approved by the Executive Risk Committee.
Identifying the areas of highest risk in the business and seek to reduce residual risk by assessing risk and control design and testing operating effectiveness, making recommendations to strengthen these where necessary.
Collaborating with the Business Process Modelling team as and when required to provide process mapping and assurance as part of joint reviews.
Working closely with the 1st line Operational Resilience team to better plan and embed our 2nd line oversight and testing of operational resilience within BAU processes.
Managing execution of the plan to ensure all reviews are completed with the business, reports are written to a high standard, actions are appropriate, agreed and followed up.

Education and Communication

Continuing to build out or refresh self service guides for the business, ensuring the business are aware of these and they are easily accessible.

Provision of Tools and Processes

Supporting the use of the risk system OSX for First and Second Line to manage Assurance action tracking. Ensuring there are mechanisms in place to monitor the actions and ensure they are complied with by their due dates.

Provision of Effective MI and Reporting

Playing a role in developing the quality of the reports we produce, how we rate our assessments and ensuring that input into management dashboards and MI accurately reflects the control environments we provide assurance on.
Ability to present to the Executive Risk Committee as considered appropriate.
Input into Group internal control environment meetings and reporting as and when required.

Qualifications What we're looking for**- Accounting or Audit Qualification
-