Group Head of Business Services and Third Party
3 days ago
About the team:
The **Group Head of **Business Services and Third Party Contingency** is a newly created position where you will report directly to the Chief Controls Officer. You will be working in a high-profile environment across various areas of the business and with a number of critical third parties with regular engagement with the business 2nd line of defence team. The role is critical to the Chief Control Office function to direct, optimise and provide assurance on the control effectiveness, data quality and resilience of our operational regulatory and third party responsibilities ensuring compliance to regulations such as Third Party Risk Management and Depositor Protection regulations. The scope of this role also includes the delivery of key operational regulatory reporting such as HMRC returns, production and compliance to Depositor protection specifically FSCS compliance to SCV and a number of key operational activity such as annual statements and compliance reviews.
This is a great opportunity to add value to a fast growing FTSE 250 Bank. The role has the flexibility to be based in Wolverhampton or Chatham with a requirement for travel between offices (London, Midlands, South East England and occasionally to India).
About Us:
The OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
What you will be doing:
As **Group Head of **Business Services and Third Party Contingency** you will lead and deliver against the agreed schedule of events relating to the time bound activities for the Customer Regulatory Portfolios and the Savings and Mortgages Portfolios. From your previous experience working with Third party contingency and exit planning you will ensure an effective assurance programme is in place and be responsible for providing clear direction and delivery in respect of robust exit plans, agreed testing strategies and risk profiling for new and existing critical third party plans.
You will also be responsible for:
- Coordinating and reporting against non-system process change across the Operational area to support effective and timely introduction of process change and process improvement.
- Documenting and presenting on the annual assurance relating to the compliance to FSCS and SCV/CoA compliance to Risk Board committee.
- Supporting and coordinating with pre on-boarding due diligence assessment for potential new third parties being selected by the business surround the entry exiting considerations and contingency options.
- Developing annual training and awareness programmes around the regulations, framework and requirements to meet the regulatory requirements relating to Contingency and Exit planning and risk profiling
- Developing testing strategies to plan the testing of identified contingency and exit plans and reporting to the business and responsible SMR on the testing outcome and assurance considerations against plan strategies and delivery to the identified important business tolerances
- Preparation and presenting regular committee packs, and recommendation, overview and assurance papers
In return for your commitment:
We offer a base salary dependent on experience and location from £80,000 and a competitive benefits package including:
- Discretionary annual bonus opportunity of up to 25%
- 30 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.
Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:
- Specialist knowledge of Third party contingency and exit planning is essential
- Strong track record and experience of process change and reengineering
- Specialist knowledge of the FCA / PRA Depositor Protection requirements and Operational process change is essential.
- Previous experience in Financial Services organisation with strong demonstrable experience of Customer Regulatory Reporting requirements (HMRC, BBSI etc.)
- Minimum of 3 years working in a business / data analyst role
- Outstanding communication skills and experience of engaging with all levels of stakeholders, including Board level
- Advanced skills and experience in respect of senior reporting preparation and presentations
We also believe that your career and how you progress is as unique as your individual personality. We conti
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