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Head of Risk

4 months ago


London, United Kingdom myGwork - LGBTQ+ Business Community Full time

Amazon's Risk and Compliance Solutions (RCS) team is seeking an experienced Global Head of Governance, Risk and Assurance (GRA) to lead a global team supporting financial services Compliance Officers and business teams across 12 jurisdictions. The successful candidate will have a proven track record of building and leading globally-dispersed teams, influencing senior stakeholders in risk-reward decision-making and trade-offs, and operating in a highly regulated environment.
The RCS team is Amazon's second-line of defence team supporting various financial services licenses required to operate world-wide. The Global Head of GRA will report into the Global Director of Compliance. They will be responsible for a 58 FTE function that provides Governance, Risk Management, and Assurance testing services in the payments, insurance, and lending financial services sectors. Risk disciplines covered by this function range from framework building/standards setting to regulatory and compliance risk, operational and IT/business continuity risk, and prudential (liquidity/capital) risk types.
The successful candidate will have demonstrable experience of dealing directly with regulatory bodies representing the governance, risk and assurance disciplines. Design and implement globally-consistent approaches/frameworks in the governance, risk management, and assurance disciplines, adjusting these to local regulatory obligations in both mature and emerging markets.
• Identify patterns posing an unacceptable risk profile for Amazon's regulated financial services products, working collaboratively with local Compliance Officers, Legal and Business stakeholders to agree and monitor remediation plans back within appetite.
• Successfully influence senior leaders on risk/reward trade-offs for prioritisation decisions and multi-year transformation projects through simple, data-driven risk advisory.
• Where there is ambiguity, align teams (technology, legal, business, and other second-line of defence teams) to unblock initiatives and provide strategic risk management advice to successfully influence roadmaps.
• Support effective decision-making at formal and informal governance bodies, ensuring entities meet local regulatory expectations and globally-accepted best practices.
• Lead the creation and deployment of rolling three-year assurance testing plan covering all supported business lines. Facilitate and lead the delivery of findings/issues to senior committees, reporting progress of mitigation actions.
• Identify, design and deploy proactive efficiency initiatives to reduce the cost of GRA services and modernise existing processes through technology.
• Lead, build and coach a globally-dispersed team, through supportive and clear expectation-setting, to ensure the team are seen as value-add to business stakeholders. Director/VP level 2LoD experience in financial services risk management, assurance, and/or governance within an international organization.
• Direct experience of dealing with financial services regulators.
• Exceptional analytical skills and comfort using data to make clear and unambiguous recommendations to senior leaders.
• Direct experience in managing relationships with senior leaders within an organization. Exceptional written and verbal communication skills (English, other languages a bonus), demonstrating ability to translate complex issues for consumption by technical and non-technical audiences at all levels.
• Working knowledge of Payments, Anti-Money Laundering, Insurance, and/or Lending.
• Working knowledge of risk types including: operational risk, operational resiliency, model risk management (data analysis/data modelling), regulatory compliance, Financial Crime, financial risk (Capital and liquidity), technology risk, corporate governance and monitoring activities.
• Extensive experience of people management, including building high performing cross-border teams and dealing with complex cases of underperformance.
Degree in Risk Management/Economics/law and/or certified in risk management, information systems control, auditing or financial crime, IRM, CRISC, CISA, CAMS etc. Amazon's Risk and Compliance Solutions (RCS) team is seeking an experienced Global Head of Governance, Risk and Assurance (GRA) to lead a global team supporting financial services Compliance Officers and business teams across 12 jurisdictions. The successful candidate will have a proven track record of building and leading globally-dispersed teams, influencing senior stakeholders in risk-reward decision-making and trade-offs, and operating in a highly regulated environment.
The RCS team is Amazon's second-line of defence team supporting various financial services licenses required to operate world-wide. The Global Head of GRA will report into the Global Director of Compliance. They will be responsible for a 58 FTE function that provides Governance, Risk Management, and Assurance testing services in the payments, insurance, and lending financial services sectors. Risk disciplines covered by this function range from framework building/standards setting to regulatory and compliance risk, operational and IT/business continuity risk, and prudential (liquidity/capital) risk types.
The successful candidate will have demonstrable experience of dealing directly with regulatory bodies representing the governance, risk and assurance disciplines. Design and implement globally-consistent approaches/frameworks in the governance, risk management, and assurance disciplines, adjusting these to local regulatory obligations in both mature and emerging markets.
• Identify patterns posing an unacceptable risk profile for Amazon's regulated financial services products, working collaboratively with local Compliance Officers, Legal and Business stakeholders to agree and monitor remediation plans back within appetite.
• Successfully influence senior leaders on risk/reward trade-offs for prioritisation decisions and multi-year transformation projects through simple, data-driven risk advisory.
• Where there is ambiguity, align teams (technology, legal, business, and other second-line of defence teams) to unblock initiatives and provide strategic risk management advice to successfully influence roadmaps.
• Support effective decision-making at formal and informal governance bodies, ensuring entities meet local regulatory expectations and globally-accepted best practices.
• Lead the creation and deployment of rolling three-year assurance testing plan covering all supported business lines. Facilitate and lead the delivery of findings/issues to senior committees, reporting progress of mitigation actions.
• Identify, design and deploy proactive efficiency initiatives to reduce the cost of GRA services and modernise existing processes through technology.
• Lead, build and coach a globally-dispersed team, through supportive and clear expectation-setting, to ensure the team are seen as value-add to business stakeholders. Director/VP level 2LoD experience in financial services risk management, assurance, and/or governance within an international organization.
• Direct experience of dealing with financial services regulators.
• Exceptional analytical skills and comfort using data to make clear and unambiguous recommendations to senior leaders.
• Direct experience in managing relationships with senior leaders within an organization. Exceptional written and verbal communication skills (English, other languages a bonus), demonstrating ability to translate complex issues for consumption by technical and non-technical audiences at all levels.
• Working knowledge of Payments, Anti-Money Laundering, Insurance, and/or Lending.
• Working knowledge of risk types including: operational risk, operational resiliency, model risk management (data analysis/data modelling), regulatory compliance, Financial Crime, financial risk (Capital and liquidity), technology risk, corporate governance and monitoring activities.
• Extensive experience of people management, including building high performing cross-border teams and dealing with complex cases of underperformance.
Degree in Risk Management/Economics/law and/or certified in risk management, information systems control, auditing or financial crime, IRM, CRISC, CISA, CAMS etc.
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