GroupM UK Risk and Controls Lead

4 weeks ago

London, Greater London, United Kingdom Group M Full time
Job Description

Operating Company

GroupM

Job Title

GroupM UK Risk and Controls Lead

Department / Team

GroupM Finance

Reporting To

GroupM UK, CFO and EMEA Risk & Controls Director

Location

Red Lion Square, London

About GroupM

GroupM is the leading global media investment management operation serving as the parent company to WPP media agencies including Mindshare, Wavemaker and EssenceMediaCom, each global operations in their own right with leading market positions. GroupM's primary purpose is to maximize performance of WPP's media agencies by operating as leader and collaborator in trading, content creation, sports, digital, finance, proprietary tool development and other business-critical capabilities. GroupM's focus is to deliver unrivalled marketplace advantage to its clients, stakeholders and people. Discover more about GroupM at

About the team and/or client

This role sits within the GroupM Central Finance Function primarily supporting the Mediacom London and Mediacom North operating units. The role leads a team of c10 whilst also working closely with several stakeholders in the business including Commercial leads for the business, FP&A, Group M EMEA finance team, Risk & Compliance and Tax.

A Hybrid working model

Here at GroupM we are embracing a hybrid working model, which encourages our employees to split their time between the office and other locations, something we hope will provide everyone with flexibility during their working week, whilst also continuing to focus on collaboration, our communities, careers and clients. The expectation is that working life at GroupM will involve working from an office for 3 days a week for most people.

The Role Objective

We are looking for someone to join our team in the capacity of GroupM UK Risk & Controls Lead (title to be based on experience) based in London. This is a challenging role with multiple priorities and a wide range of stakeholders across the Group. The candidate will be part of the worldwide Risk & Controls team, responsible for the UK region.

Objectives of the Risk & Control function include:Being a trusted partner and adviser for the Company in the area of risk, internal controls and compliance;Driving continuous improvement in the Company's control environment and fostering ownership and accountability for internal controls at all levels;Supporting the culture of compliance, ethics and integrity;Providing training on internal policies, best practice in relation to controls, supporting controls implementation and demonstrating the value of good controls throughout the Company;Embracing technology and innovation to optimise risk & control activities and increase level of compliance across the business; andBuilding and leveraging relationships to identify risks, anticipate issues and recommend solutions.
KEY DUTIES AND

RESPONSIBILITIES:

Promote and help embed the culture of ethics and integrity across the region through training, support and advising on relevant topics such as anti-bribery and corruption, internal controls, as well as internal policy requirements. Serve as a risk & controls subject matter expert / thought leader within the business.Be a change agent to lead and effect desired change throughout the UK.Be a great business partner; establish and maintain excellent relationships within the team and collaborate effectively with colleagues across GroupM, WPP and other Networks. Engage with multiple senior stakeholders, both internal and external.Lead the UK Risk & Control team - set a high standard and clear expectations; challenge, encourage, motivate, and inspire individuals to maximize their potential to achieve individual and departmental objectives.Support the design and implementation of financial, operational and compliance controls across the UK in line with the WPP Internal Control framework, which includes meeting the documentation and evidence standards required.Design and operate effective on-going quality review / control monitoring programs as a second line of defense.Identify opportunities for continuous improvement, including use of technology, while adapting to the new and evolving challenges and opportunities. Set UK standards (where applicable and in line with EMEA / Global instruction), reinforce WPP & GroupM policies, control requirements and communicate updates / changes to the business in a clear and concise manner.Be a partner and source of support and guidance for specific areas of change / strategic importance that require controls implementation to enable on-going success.Think strategically about our business, develop pragmatic and sustainable solutions to enhance the control environment and streamline and standardise processes, procedures and controls.Coordinate audit activities for the UK, liaising with internal and external audit teams (e.g. PwC, Deloitte) and monitor remediation for all source of assurance (SOX, WPP IA, Deloitte).Coordinate / oversee internal control and risk management processes, e.g. business risk maps, internal control self-certifications, market Letter of Representation submissions, Code of Conduct and related party declarations review.Assist regional management in ad hoc activities in relation to SOX and compliance in the market.

Skills and Behaviours

Essential
ACA/CA/ACCA qualified with post-qualification experience (industry or consulting experience in ethics and compliance, business process improvement, risk management, or internal / external audit).Familiar with IFRS, Sarbanes-Oxley compliance, PCAOB requirements, etc.A leader who is driven, high-energy, change-oriented with proven ability to make decisions while being both a flexible and disciplined thinker.Ability to apply a structured approach towards balancing multiple demands and priorities in a fast-paced environment and work cross-functionally with multiple geographies, functions, and employees of diverse backgrounds.Experienced in assessing business risk and evaluating adequacy and effectiveness of internal control systems.Proven track record of driving improvement and creating stronger business partnering relationships, rather than simply enforcing guidelines.Excellent interpersonal and communication skills (verbal and written) in interactions with staff and senior management. Ability to settle issues calmly and win concessions without damaging relationships.Experience in media and advertising with proven knowledge of core business processes is a plus.Fluency in English is required.

Success measured
Accuracy & Timeliness of workAdaptability ResilienceReliability and consistencyAbility to problem solveAttitude towards work/work ethicLevel of inspiration/sets a good example as a senior member of staff for junior staffProfessionalism

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