Senior Governance
20 hours ago
The Senior Governance & Assurance Analyst is responsible for supporting first line risk with carrying out internal reviews to detect control gaps and areas for process improvement. They will monitor incidents to closure, assure standard operating proceduresare in place and align to group policy and ensure the relevant processes are in place to detect and prevent operational risk, financial crime, information security and data breaches. The Senior Governance & Assurance Analyst will create the process for, andhave oversight of, third party monitoring, including regular reviews of solicitor firms on a panel.
**Risks and Controls**
- Support first line risk to ensure the business operates within agreed risk appetite
- Maintain the Operations Risk Register and facilitate regular business risk reviews
- Lead process reviews, assuring the control framework is robust and identify opportunities for improvement
- Implement process improvements and support the wider Operations function in understanding the rationale for change
- Complete thematic reviews of incidents and complaints, producing Management Information reporting on key data and providing feedback to individuals/ areas at fault
- Advise and embed group policy and external regulations within company processes and procedures, such as: financial crime, business continuity and disaster recovery and the fair treatment of vulnerable clients
- Provide explanations and supporting evidence to support with audit, compliance and risk assurance reviews
**Third Party Monitoring**
- Design a framework for the monitoring of solicitor performance, including case handling and progression, thematic reviews of failed cases and adequate record keeping and documentation
- Coordinate the regular audit activities and build strong relationships with solicitors
- Analyse and present findings to solicitors and internal stakeholders and action required recommendations and changes to reduce associated risks
**Documentation**
- Maintain documentation suite, ensuring accurate versioning and documentation control is in place
- Assure that Standard Operating Procedures (SOPs) across the organisation are documented in a consistent manner in line with bank framework and are regularly reviewed
**Skills and Attributes**
- Experience of working in an audit or assurance role within an FCA regulated firm
- Excellent communication and influencing skills
- Ability to work independently and support team members
- Good analytical and problem-solving skills - ability to interrogate and summarise data
- Strong relationship building and stakeholder management skills
- Broad understanding of litigation finance
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