Risk and Control Specialist at LSEG (London Stock Exchange Group)

Job Description

Customer and Third Party Risk Intelligence is a fast growing business focused on helping the financial and business communities identify the risk associated with their business relationships, including customers, suppliers, partners and other third parties.

We have built a number of services (such as Refinitiv Due Diligence, Screening Resolution Service, WC 1, World-Check Sanctions) for the global financial community to manage its regulatory and legal obligations, manage risk and combat financial crime. This is a very rare opportunity to join a business that is being built specifically to fulfill a known requirement of the regulated community, with whom we are already engaged, ensuring the Services conform to their needs.

Job Overview

Ensuring ongoing compliance to meet customer and regulatory requirements is part of the ‘DNA’ of our business; we are subject to ongoing assessments by customers / internal and external audit. These assessments are typically more stringent than most businesses across LSEG.

Customer and Third Party Risk Intelligence operates around 300 controls across its business as part of its Control Framework across the HR, Quality Control, Business Continuity, IT and Security and Access Control. Each control is in place to ensure an important process is completed. These controls must operate effectively, not only to ensure that we will achieve ISAE 3000 or SOC attestations without any major observations but also to meet customer commitments.

This role of Risk and Control Specialist is crucial to ensuring that Customer and Third Party Risk Intelligence effectively operates its controls as they are designed to operate. This role is responsible for planning and testing controls, reviewing results and collaborating with business and technology control owners - making recommendations to close any gaps identified.

Day-to-day Responsibilities

• To schedule and perform detailed planning for Monthly, Quarterly and half yearly audits
• To prepare and execute test programmes and manage the performance of assignments
• To prepare work papers and audit reports to support findings/conclusions and make recommendations for improvement where necessary
• Discuss findings / observations with stakeholders
• To follow-up on actions arising from audit assignments as required, and assist with the preparation of status reports
• To conduct training and awareness sessions with control owners / operators and Customer and Third Party Risk Intelligence staff on how to operate controls effectively
• To ensure the audit information repository is maintained and updated in a timely manner
• To contribute to the development of the Controls Framework and process through continuous personal and professional development
• Act as SME for Customer and Third Party Risk Intelligence related issues, work closely with Operations and Enablement to ensure processes are compliant with Risk and Control principles
• Work closely with external auditors during ISAE 3000 / SOC attestation or audits

Required Skills

• 2 plus years experience in one of the following; Auditing / Compliance / Risk & Governance / Quality Control / Quality Assurance;
• Experience in working independently and with management teams;
• Strong analytical, written/verbal communication, interpersonal and relationship building skills;
• Ability to analyze, compare and interpret facts and figures;
• Persistence – able to ask questions, to challenge responses if needed and ask for further detail. Not always to accept the first answer given;
• Process and detail oriented;
• Demonstrated ability to take initiative and drive projects to completion;
• Ability to adapt to change and multi-task in a dynamic environment;
• Ability to work independently and in a team environment;
• Proficiency in the use of Microsoft Office applications (Teams, Word, Excel, Outlook, Power Point and Access) required,

Desired Skills

• 1+ year experience in Anti Money Laundering / Financial Crime;
• No formal audit qualifications are required (though these would be considered a benefit);
• Ability to travel (up to 25%).