Business Risk & Control Associate (PIO), Asset Management (Telford / Wythall)

Job title: Business Risk & Control Associate (PIO), Asset Management (Telford / Wythall)

Company: Phoenix Group


Job description: Job Description:Salary: £35,000 – 55,000 (subject to experience) + excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays, plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!
Job Type: Permanent
Hiring Manager: Head of Asset Management Business Control – Policyholder Investment Office
Location: This role will be based in our Midlands-centric offices; either of our Telford / Wythall / Birmingham offices, with some time spent working from home.We have an incredible opportunity to join us here at Phoenix Group as a Business Risk & Control Associate to join our Business Control Team, within the Business Control & Governance team within the Asset Management function.Who are we?We want to be the best place that any of our 6,600 colleagues have ever worked.We’re the UK’s largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.The Team
The Business Control (BC) Team is part of the wider Business Control & Governance (BC&G) function and has been established as a Line 1 Risk and Control focused capability within Phoenix Asset Management (“AM”), responsible for providing a holistic view of financial and non-financial risks across the AM function and for supporting AM colleagues in the application of and adherence to the Groups Risk Management Framework.The RoleThe Business Risk and Control Associate will support our Business Control Managers, overseeing a broad range of activities that contribute to the continuous improvement of AM’s Risk and Control environment, ensuring risks to our business are understood, that plans to remediate those risks are in place and being tracked and that senior stakeholders are suitably well informed.The successful candidate will support with line 1 Risk and Control activity. They will participate in ongoing interactions and collaboration with colleagues across the 3 Lines of Defence (3 LOD), building strong relationships and assisting with risk reviews, audits and other strategic activities as required by the Group.Key Responsibilities

• Maintaining an accurate record of the Business area’s risks and controls in the Phoenix Group risk and control systems (GCM). Mapping of Group Risk Policy Control Objectives to the Key Controls that mitigate these.

• Ongoing oversight of the function’s risk universe, ensuring key controls that mitigate these are attested to by relevant business owners via the quarterly Risk & Control Self-Assessment (RCSA) process

• Support in the documenting and monitoring of existing and emerging risks within the business and provide SME support in the design of high quality controls to mitigate those risks.

• Collaborate with Internal teams, Group Internal Audit and Line 2 in facilitating the closure of audit and other actions assigned to function in response to business reviews

• Support in the function’s assurance programme, undertaking regular reviews of the Risk and Control Environment

• Ensuring that audit and other control findings are tracked and overseeing closure by management owners, escalating where necessary.

• Support Phoenix strategic change programmes and projects and help deliver a market leading asset management function within the UK’s largest long-term savings and retirement business.

• Produce regular MI in relation to the Risk and Control Environment

• Support with Risk Framework themes, for example Business Continuity, End User Computing Governance, Risk Champion optimisation, risk system optimisation etc.

What we’re looking forMinimum RequirementsExperience (Essential)

• Experience of having worked in a risk and control functional area Line 1/ Line 2 Operational risk within the financial services industry (Asset Management preferred, but not essential)

• Excellent analytical skills with ability to evaluate audit and assurance reviews, and analyse large quantities of data

• A record of building strong and reliable relationships with internal stakeholders at all levels

• Proficient level of MS Excel, Word and PowerPoint

Experience (Desirable)

• A broad understanding of Asset Management and/ or “front to back” trade flow processes and associated control activities

Personal Attributes / Skills

• Communication skills to interact with a range of stakeholders.

• Ability to assign priorities to multiple activities while ensuring integrity, accuracy, and timeliness

• Ability to learn new systems and concepts in a timely manner.

• Comfortable taking ownership of workstreams and managing stakeholders effectively

• Excellent attention to detail and proactive can-do attitude

• Excellent written and oral communication skills

• Enthusiastic and positive approach, taking pride in output

• Team player who is creative and solution driven

We want to hire the whole version of you.We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.Find out more about #LifeAtPhoenixGuide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidatesFind or get answers from our colleagues:#LI-SC1

Expected salary: £35000 – 55000 per year

Location: Telford, Shropshire

Job date: Sun, 05 Jan 2025 08:49:14 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck