Emea Coo Control Execution Consultant - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Key responsibilities
This is a new role and the control execution team will be a new function within the EMEA COO.

This individual will be responsible for working with the Control Execution Team Leader to set up the team including:

Undertake deep dive analysis of controls that will be transitioned or established within the team to assess design and operating effectiveness
Drive automation and 'lean' control processes where possible
Manage the transition of applicable activities from elsewhere within the EMEA COO or from other functions, ensuring continuity of the existing coverage model
Execute controls through a period of sustainability and prior to moving them to an offshore support team
Partner with COO teams and Global Delivery Enablement to establish an offshore support team, train them and manage the migration of activities to them
Implement an engagement model between this team and key stakeholders
Design and implement key performance indicators and periodic reporting

This due diligence will be repeated ongoing for any thematic controls that need to be migrated into the team or newly designed.

Once established, ongoing responsibilities will include

Work within a team of onshore and remote staff responsible for execution of control activities including thematic control coverage
Collaborate with Business Control Executive and IRM functions for oversight / challenge of control design and operating effectiveness. This includes responsibility for design and implementation of new controls to address control gaps managed under formalissue management governance.
Represent regional COO in control reviews (e.g. movetheline planning) and control forums
Coordinate with CIB COO and APAC / Americas control execution consultants to achieve alignment of control activity and economies of scale
Track SHRP Issues and corrective actions owned by regional COO, liaising with corrective action owners to ensure timely delivery and sustainability, providing regular status reporting.
Maintain and enhance relevant procedures, guidance and processes relating to control activities
Proactively drive continuous improvement to the control environment
Monitor key performance indicators for control activities, produce and distribute periodic reporting.
Transition control activities to offshore team as appropriate.

In addition to the responsibilities summarised in your job description, you are also required to comply at all times with the FCA/PRA Conduct Rules:

You must act with integrity.
You must act with due skill, care and diligence.
You must be open and cooperative with the FCA, the PRA and other regulators.
You must pay due regard to the interests of customers and treat them fairly. Y
You must observe proper standards of market conduct.

We Value Diversity

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company.

They are accountablefor execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and complianceobligations, timely and effective escalation and remediation of issues, and making sound risk decisions.

There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with thebusiness unit's risk appetite and all risk and compliance program requirements.