DescriptionThis role will support Nutmeg. Nutmeg is Europes leading Digital Wealth Manager with over 7 billion Assets Under Management and 250000investors operates with the agility of a startup within a leading financial institution. Were on a mission to empowering our customers to manage their money to achieve their financial goals with our innovative mobile app and dedicated customer support. As a J.P. Morgan company we complement Chases digital bank in the UK focusing on customercentric offerings in investments and digital wealth management.
As a Control Management Associate youll be responsible for ensuring the line of business has a sustainable and disciplined endtoend control environment identifying and escalating issues with a sense of urgency and partnering with the Business to ensure issues are remediated in a timely manner. The team assists in topdown risk analysis realtime control issue detection escalation root cause analysis and remediation.
Role Responsibilities:
- Assisting in the design and implementation of control frameworks to ensure compliance with regulatory requirements and internal policies.
- Collaborating and build relationships with Nutmeg business stakeholders to identify potential risks associated with new and existing products and develop strategies to mitigate these risks.
- Collaborating and build relationships with Nutmeg CASS (Clients Assets sourcebook) governance and oversight team stakeholders to identify potential risks associated and mitigating the risks in efficient manner
- Conducting comprehensive risk assessments for product development and change initiatives ensuring that all potential risks are identified evaluated and addressed.
- Monitoring and evaluate the effectiveness of existing controls and recommend improvements as necessary.
- Providing training and guidance to staff on control processes and risk management practices and foster proactive risk management culture across ICB.
- Contributing to the Compliance and Operational Risk Evaluation (CORE) program by focusing on four key pillars: i) Control Design & Expertise; ii) Risks & Controls Identification/Assessment; iii) Issue Management; iv) Control Governance & Reporting.
- Partnering effectively with control colleagues across the firm business operations management legal compliance risk audit and technology control functions to further establish and maintain business relationship loops.
- Supporting consistent and rigorous operational risk practices and control programs (incl. control committee reporting risk mitigation key risk indicators control design and controls performance evaluations).
- Reviewing analysing and managing programmerelated data (e.g. KRIs/KPIs) and key metrics to inform on the health of the operational risk and control environment.
Qualifications:
- Experience in Operational Risk Management gained through working within Product Controls Compliance or Audit within a large financial institution regulator consulting firm and/or retail investments manager.
- Strong acumen for risk identification and assessment and development of effective control mechanisms that mitigate these risks.
- Excellent written and verbal communication skills with an ability to influence business leaders at all levels of seniority in a meaningful and actionable manner
- Experience in partnering with business and other stakeholders to manage remediation of operational risk related issues.
- Experience process mapping
- Effective time management and prioritization skills.
- Detailoriented with a high level of accuracy and integrity.
- Comfortable working in an agile and evolving environment
- Passion to grow as part of a team
- Proficient in Microsoft Office Suite (Word Excel PowerPoint Visio)
Required Experience:
Manager