Senior Manager NonFinancial Risk Securities Services

About the Role
This is a senior management position focused on overseeing and executing key activities within the Risk and Control Framework in SSV. The role involves providing coordination, advice, independent challenge, and assessment concerning risk governance, reporting, and data quality activities, aligning with the NFRO model/FIM. Responsibilities include managing and delivering various aspects of the NFR Policy & Assurance, FIM Policy, Governance & Reporting, Assurance & Monitoring, and Risk & Control Assessment, along with supporting related activities such as liaising with Internal/External Audit and Regulatory Authorities.

Principal Accountabilities
Key activities and decision-making areas include:

• Manage and Oversight

  • Act as a senior manager within the company SSV NFR function, driving management, coordination, and execution of risk management activities across SSV.
  • Maintain relationships with 2nd/3rd line of defense risk functions and interact regularly with appropriate MSS and OPS Risk internal colleagues.
  • Oversee the effective monitoring of risks, services, and processes against agreed group/divisional standards and external requirements.
  • Ensure the risk governance framework is clear, executed as defined, and that escalation paths are adequate and effective.
  • Support line management as a key point of contact for SSV risk and control framework, policies, governance, and reporting arrangements.

• Customers / Stakeholders

  • Support NFR and SSV Senior Management in establishing an appropriate risk and control structure, managing highlighted risks.
  • Play a key role in communications across SSV, MSS, OPS Risk, Global Functions, and DBS concerning the Risk and Control Agenda.
  • Provide consistent internal and external benchmarking when appropriate.

• Leadership & Teamwork

  • Support the achievement of the company vision, values, goals, and culture through personal behavior, actions, and decision-making.
  • Provide technical leadership and support by monitoring technical developments, sharing knowledge, and encouraging best practices.
  • Foster constructive cross-country and cross-business teamwork, demonstrating collaboration and challenging non-compliant actions and behaviors.

• Operational Effectiveness & Control

  • Ensure thorough understanding and execution of a robust SSV risk management framework.
  • Assist NFR Leadership Team in promoting the risk agenda, driving awareness, managing issues, and ensuring compliance.
  • Attend Risk & Control committees/forums, ensuring critical SSV risks and issues are covered in the agenda.
  • Regularly review business risk management policies and activities.
  • Collaborate with the NFR function to minimize disruption and meet stakeholder expectations consistently.
  • Implement oversight and assurance of the risk and control framework to effectively manage operational and other risks.

Major Challenges
The role involves:

• Overseeing a diverse and increasingly complex risk, control, and regulatory environment.
• Staying informed on global regulations, market trends, and competitor activities.
• Operating within a global business context across 38 countries, adhering to Group risk management standards while understanding commercial realities.
• Collaborating with internal and external stakeholders to shape a sustainable future for SSV.
• Balancing risk and commercial benefits while respectfully challenging risk profiles across MSS and Global Functions.

Role Context
The role includes:

• Primary reporting to the Head of SSV, NFR Governance, Reporting, and Data Analysis.
• Collaborating closely with relevant NFR teams and stakeholders across MSS and Group Functions.
• Playing a key role in SSV Risk Governance, Reporting processes, and related NFR activities.
• Deputizing management at SSV and MSS Governance forums as needed.

Observation of Internal Controls
The jobholder must adhere to internal controls by following procedures, keeping appropriate records, and implementing audit points timely. Compliance with company Compliance Policies is required to manage compliance risks in collaboration with Compliance departments, ensuring resources are available, training is conducted, and a compliance culture is fostered.

Knowledge & Experience / Qualifications
Minimum requirements include:

• An undergraduate or postgraduate degree in Accountancy, Finance, or a related field.
• Strong leadership and management abilities, including the capacity to motivate employees.
• Deep understanding of company structures, processes, objectives, and the regulatory environment.
• High drive and motivation for simultaneous output delivery.
• Proven abilities in articulating complex issues clearly.
• Relationship and collaboration skills with peers across the organization.
• Strong interpersonal and communication skills across all levels.
• Practical experience in major business transformation activities.
• Proven ability in managing virtual teams and working across cultures in a global business context.