Senior Manager, Finance Risk and Control

Our client is a growing lender who seek to hire a Senior Manager, Finance Risk and Control, This is a brand new role and a 1st line Risk & Control role within the Finance function. The role will ensure Finance are compliant with regulations and foster a culture of risk based decisions and careful controls. The role is to lead and develop the Finance Risk & Control team, working closely with Finance leadership team, Risk, Audit Committee, Internal & External Auditors and ensuring that key risk indicators are well defined and understood, financial risks are understood, risk incidents are managed, MI and reporting packs are created and risk & control assessments are completed.

Responsibilities:

• Identify, evaluate & document risks associated with Finance operations, processes across Finance in a formal risk register
• Develop, implement and manage Finance Risk Management governance and reporting capabilities
• Maintenance of Finance Model Inventory & ensure compliance with Model Risk Policy across Finance
• Represent Finance, where appropriate, at Risk & Controls Committee
• Lead risk assessments (RCSA) in the 1st line to identify and monitor completion of risk mitigating actions to address root causes
• Recommend & deliver on actions that enables migration to controls based audit approach
• Document, challenge & build an end to end view of finance operating environment, identifying & evaluating key risks, controls and processes that impact Finance
• Responsible for assessing risk, documenting process and controls and conducting assurance activities including testing effectiveness of controls and monitoring
• Undertake control identification activities including conducting walk throughs and process mapping
• Identify control gaps/weaknesses and ensuring gaps are properly and timely mitigated
• Managing and reporting risks, controls, issues, incidents and remediating actions
• Complete testing to assess controls to identify gaps and implement remediation plans
• Work closely with cross functional and Finance teams to guide and deliver on control design improvements, developing new processes & controls and embedding good risk practices
• Support internal and external audits by providing documentation and explanations of financial controls and processes
• Manage and report on the risk and control environment - risks, controls, issues, incidents, remedial actions, etc
• Manage resolution of Finance Risk & Control findings, ensuring resolution remains on track
• Monitor progress of internal and external audit actions to ensure they are implemented on time and actions are adequate to address the risks identified
• Partner with Risk function in developing, planning & delivering risk management training & communication initiatives for Finance

A salary of £80,000-£85,000 is on offer plus bonus and benefits