Fiduciary Risk & Assurance Control Manager

Permanent contract|Jersey|Risks

Fiduciary Risk & Assurance Control Manager

Kleinwort Hambros
  • Jersey, Channel Islands
  • Permanent contract
  • Risks

Responsibilities

Description of the Business Line or Department

Kleinwort Hambros (KH) operates a Three Lines of Defence (3 LOD) model to mitigate risk. The Fiduciary Risk & Assurance team forms part of the first Line of Defence (1LOD), but more specifically as the 1B control/ assurance function.

 

Summary of the key purposes of the role

The purpose of the IB assurance/ control function is to review and test the operational output and procedures of the 1LODA to identify any non- compliance with policies, procedures, and regulations and to implement corrective actions to address process and control deficiencies. This 1B risk assurance role requires to complete risk controls which evidences we are managing and challenging the 1A teams

Summary of responsibilities

-          Manage implementation of 1B Fiduciary controls programme. Identify and install controls required. Prioritise with line manager controls to be addressed, implemented.

-          Manage the timely monitoring and testing of 1B controls in place.

-          Manage the completion of “thematic based” reviews and testing based on generic & systemic risk points using a mixture of random sample testing and control/monitoring analysis from NavOne.

-          Identifying non-compliance with procedures and regulations by 1LOD. Monitor risk areas and follow up on non-compliance with SGKH/WPS policies and procedures to ensure Group Trust is compliant.

-          Identifying risk issues for clients including potential litigation, claim, financial loss, reputational damage, tax issues or complaints against SGKH.

-          Provide required reporting and analysis results from Control reviews and thematic testing.

-          Preparation of reports for management committees and meetings, Report into the Risk & Operations Committee & the Fiduciary Audit & Risk Committee.

-          Complete Morse plus and Group Permanent Supervision controls as required. Implement Morse/GPS/Fiduciary risk, monitoring & control, Fiduciary team controls etc as part of Control framework. Monitor completion timeframes for successful completion of controls by Control performers and controls validators

-          Carry out short term Projects on behalf of line manager within the KPIs laid out in respect of each assigned project.

-          Assist in the development of the risk control processes. Work with Operational Risk to ensure APRC framework is up to date and relevant. Review the Activities, processes, and controls in place. Ensure control templates are up to date and relevant.

-          Conduct initial RCSA review on an annual basis and work with line manager as required to submit for validation and approvalWork with Risk Officer in SGTA to ensure the Fiduciary Risk Framework is implemented and respected by SGTA as fully as possible.

Profile required

Competencies 

-          Accuracy

-          Analytical thinking

-          Professionalism & enterprise

-          Knowledge of legal, regulatory and industry requirements in each jurisdiction

-          Knowledge of business processes, standards, policies and procedures

-          Change management, strategic and commercial awareness

-          Decision making

-          Reliability

-          Communication (written, oral and presentation)

-          Relationship building

-          Knowledge of KH Trust Group operations

-          Team spirit and collaboration

-          Planning and organisation

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 23000GRJ
Entity: Kleinwort Hambros
Starting date: 2023/07/03
Publication date: 2023/05/25
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