Governance and Assurance Lead - London, United Kingdom - Transport for London

Transport for London

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

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Description

Governance and Assurance Lead

042815

Organisation

Commercial Development

Job

Compliance / Governance

Position Type

Full Time

Job title:
Governance and Assurance Lead

Salary:
£ £80 000

Location:
Victoria Station House (Hybrid role with potential travel across central London)

Contract Type:
TfL, Permanent, Band 4

Overview of project/role

We're launching a new £2bn property company, TTL Properties (TTLP), with prime assets in London, dedicated to improving the lives of Londoners.

As a financially independent commercial property company wholly owned by TfL, we're well-positioned to address London's challenges.

London currently suffers from sub-optimal land and property use, a documented housing crisis, and a pressing need for decarbonization.

TTLP offers a solution with medium-density, high-amenity, high-accessibility, low-carbon spaces that support vibrant life and commerce, connected by public transport and active travel.

With 4.68m sq ft of assets, including over 1,000 retail units, 850 railway arches, and developable land, TTLP aims to deliver 20,000 homes in the next decade, quickly becoming one of London's largest property companies.

Our economic value generation allows us to provide dividends to our parent company, TfL.

We seek individuals who embrace challenges, think creatively, and share our purpose. Join us to make long-term decisions that moves London forward.

As a Governance and Assurance Lead you will:

establish and embed suitable and robust governance framework and standards for TTLP that drives consistency of governance across business areas, increases control, visibility and efficiency, and minimizes TfL's exposure to risk,

- develop and lead the TTLP centralized Governance and Assurance function, delivering an effective governance, assurance, compliance, and risk management framework, supporting the TTLP directors and senior managers in discharging their duties in compliance with internal (TTLP and TfL governance) and external (Statutory/regulatory) requirements,
- establish and lead a centralized business services function to include secretariat.

Key Accountabilities

Lead the development and delivery of an efficient and effective governance and assurance function within TTLP, to ensure that there is complete clarity on the decisionmaking process. Lead the continuous review of governance frameworks, delegations of authority and secretariat duties to ensure delivery of appropriate levels of responsibility and accountability.
Ensure effective structures (including processes and procedures) are in place to allow appropriate reporting (including external corporate reports) to and from TTLP, TfL Executive Committee. and Land and Property Committee.
Coordinate and influence stakeholders across TTLP to ensure effective governance activities and assurance controls by establishing positive working relationships with all TTLP teams and challenging noncompliance when necessary.
Lead the development and delivery of the TTLP assurance regime so the right people are making the correct decisions. Measure the effectiveness of assurance processes and lead the communication of protocols across the business.
Lead the relationship with Internal Audit to ensure appropriate third line of defense oversight over TTLP activity, policy and decisionmaking. Maintain alignment with TfL wide governance processes and standards.
Establish and manage a robust risk management framework across the TTLP. Own the TTLP Risk Register and feed this into the Corporate Risk Register. Coordinate action on relevant organisational risks. Work with the Risk and Assurance team in General Counsel to manage risks appropriately.
Responsible for leading the provision of advice, support and guidance on governance, compliance and risk management matters, to TTLP directors and the wider business as well as a range of business services across TTLP.
Responsible for identifying & implementing appropriate governance, compliance and risk management training to TTLP Directors (statutory duties and responsibilities) as well as training to the wider business on governance arrangements, policy, process and procedures.
Responsible for establishing and monitoring service level agreements for services provided by TFL and TTLP to each other.
Responsible for setting up and delivering a central services function

Skills, Knowledge & Experience

Skills

Ability to Influence people across the organization and outside, including negotiating and successfully facilitating joint decisionmaking
Ability to analyse complex data (quantitative and qualitative), draw conclusions, and produce solutions and decisions.
Lead and motivate people at all levels, within own team and across matrix teams.
Ability to maintain a wide network of internal and external relationships, and act as an ambassador for TTLP
Strong senior level leadership skills to manage and mo