Risk, Controls & Reporting Lead

Job Description

The Head of Risk, Controls \& Reporting is a senior leadership role where you will have functional responsibility for key aspects of the Connells' economic crime risk management framework including Risk Assessment, Quality Assurance, Risk Appetite and MI \& Reporting.

This covers all relevant risk types (Sanctions; Money Laundering, Terrorist Financing \& Proliferation Financing; Fraud (Internal \& External); Anti\-Bribery and Corruption; Facilitation of Tax Evasion; and Insider Risk), and all businesses and branches across the Connells Group.

Your key responsibilities will include:

• Ensuring that processes are in place which meet Regulatory expectation and industry best practise and that robust processes are in place with regard to control remediation (tracking) as required ensuring that all relevant senior management receive the output of the Risk Assessment in a clear and timely manner so that they have the necessary understanding of economic crime risks as is necessary in order for them to discharge their responsibilities in an informed way


• With respect to Quality Assurance, ensuring that a framework of mechanisms/ processes is in place which collectively meet Regulatory expectation and industry best practise with regard to providing independent 2nd Line assurance around key 1st Line economic crime controls across Connells Group.


• Coordinating all relevant stakeholders within GEC, Risk \& Compliance and potentially beyond, in the drafting the 'Economic Crime Risk Appetite Statements’ and associated metrics for Connells Group for submission to the Group Economic Crime Director for onward presentation and approval.


• Responsible for gathering and maintaining all data necessary to support a comprehensive suite of Management Information metrics.


• Ensuring that a framework of reporting exists that supports senior management both 1st Line, 2nd Line, Execs and Boards receiving the information they need to discharge their responsibilities from an economic crime risk oversight or management perspective.


• Producing 2nd Line Reports including those for the MLRO, and those that the MLRO will present at Committees and Boards as well as any other ad hoc reporting required.

We are looking for someone who has the following :

• A good understanding of financial crime Laws, Regulations, Guidance and industry standards in the UK.


• Previous experience at leadership\-level of managing financial crime processes, procedures and people in a regulated financial institution.


• Excellent skills and experience with financial crime data analysis, managing and manipulating large data sets to identify trends and patterns.


• Be able to consider the short\- and long\-term impact of commercial decisions on risk across a range of stakeholders as well as look both internally and externally for different perspectives to shape and drive innovation

Connells Group UK is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or pregnancy and maternity.

CF00806

Job Reference: CF00806

This listing is from indeed. View original listing ↗