Risk Manager

Job Description

About the opportunityDepartment DescriptionThis role is part of the First Line Risk function which is the business arm of our three lines of defence in FIL, supporting and advising our businesses in achieving their risk and regulatory objectives. Comprising of business and risk professionals it operates globally within our Workplace & Personal Financial Health and Investment Solutions & Services Businesses .The function provides proactive testing support and guidance to management and staff across business and operational areas, to ensure that risks are effectively identified and managed in accordance with the enterprise-wide risk management framework.Investment Solutions & Services Business (IS&S) comprises of the Asset Management and Distribution arms of Fidelity International operating globally outside of the US. The business is built on our investment and distribution expertise for wholesale and institutional clients and a service platform that allows clients to choose the parts of our value chain that are more valuable to them. The business is focused on providing the best and most innovative investment services and products and first line risk play a vital role here.The Workplace and Personal Financial Health business ensures that we bring our global scale and knowledge together so that we may connect our distribution businesses globally, while remaining sensitive to regional and local requirements. Fidelity Workplace Investing (WI) offers investment & administration services for corporate pension schemes globally. Personal Investing and Platforms businesses operate in the UK, Germany, Japan, Hong Kong and Taiwan. Fidelity Personal Investing (PI) offers a guidance service to customers who wish to invest directly with Fidelity (without a financial adviser or broker) while Fidelitys Platform services allows customers to invest through a financial adviser or broker, with the latter being the customer that Fidelitys Platform business deals with.Purpose of the RoleThe purpose of the Manager role is to provide Controls Testing and 1LOD Assurance support to the ISS and WPFH areas globally.Independent internal controls testing for design adequacy and operating effectivenessControls testing support to Special Project as per Business requirementsPro-active, insightful and robust risk identification, review and challenge based on internal and external insightMeaningful key stakeholder engagement across the business, including Group Risk, Group Compliance and AuditStriving for continuous improvement and standardisation, becoming an advocate for the adoption of risk management best practiceTaking the lead from a risk management perspective in a change environment supporting the reduction in the risk profile of the firmKey Responsibilities

• Support controls testing planning activities
• Complete thorough walkthrough and ensures the controls testing results documented within the work papers are clear, concise and factually supported by an evidence
• Exhibit credible challenge and evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls while maintaining professional independence throughout the testing engagement
• Maintain good knowledge of business area
• Assist in reporting findings and share recommendations with business areas
• Identify training opportunities within business to improve risk and control knowledge
• Support BU s in understanding controls requirements to improve controls environment
• Present testing objective, scope, and results to senior management, clearly articulating the potential impact control gaps in a professional and proficient manner
• Document issues/ gaps identified during testing and action needed to mitigate the open risk, discuss agree findings with BU and monitoring activities
• Coordinate first line risk activities for the business, both in terms of core risk programs and ad-hoc project deliverables;
• Provide meaningful and value-add risk and control reporting to the regional committees and senior management which includes communication on the status of key risks and their respective remediation programs in the business and regulatory initiatives;
• Proactively challenge existing practices and recommend risk solutions in consideration of good customer outcomes;
• Conduct active read across of issues, events and build standardisation and consistency in approach and outputs;
• Support risk management training and education to increase risk awareness of good risk management practices in the business.
• Support the business areas in the preparation for internal and external audits

Experience and Qualifications Required

• Strong Risk Management experience
• Controls Testing/Controls assurance experience
• Strong detail focus, analytical and problem-solving skills
• Communicates with influence and is comfortable engaging at all levels of the organisation
• Proven experience of leading process, systems and controls reviews
• Experience of a wide range of business areas preferred and an understanding of the end to end customer journey and impacts
• Acts with integrity
• Demonstrates resilience, adaptability and good judgement
• Works collaboratively and leverages individual talents in support of company practices and goals
• Exhibits personal responsibility and accountability to maintain high standards by continually seeking opportunities to increase efficiency and quality of existing work processes, methods, and systems
• Ability to be proactive and work independently including self-development to keep up to date with emerging financial crime threats and regulatory requirements
• Strong customer focus

About youAbout Fidelity InternationalFidelity International offers investment solutions and services and retirement expertise to more than 2.5 million customers globally. As a privately held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 countries and with $739.9 billion in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $567 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures.Our clients come from all walks of life and so do we. We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more.As a flexible employer, we trust our people to perform their role in the way that works best for them, our clients and our business. We are a disability-friendly company and would welcome a conversation with you if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond. Data as at 31 March 2021. Read more at https://www.fidelityinternational.com/Applying to this Job Role: Please note you are only required to upload your CV/Resume to the application screen.,

Keyskills :
central bankscompatibility testinginternal controlsasset managementpension schemessenior managementfinancial institutionsriskrisk managementpersonal responsibilitybanking