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Form of work
SalaryLSEG's vision is to be the most trusted expert in global financial markets. This is achieved through leading the world in providing access to capital, helping customers optimise capital resources and promoting trusted and transparent environments and services for investment.
LSEG is a diversified international exchange Group that sits at the heart of the world's financial community. The Group operates through three key business divisions: Capital Markets (broad range of international equity, bond and derivatives markets); Post Trade (post trade and risk management services); Data & Analytics (delivers market insights, indexes, data, tools and analytics).
LSEG prides itself on operating a neutral, trusted, well-regulated and systemically important market infrastructure and does this within a fast paced, real-time and highly regulated environment. The Group is accountable to its shareholders, clients, regulators and the societies in which it operates, and the Group Values and Behaviours underpin how the Group meets those accountabilities.
The Group Risk Management function is responsible for ensuring the development and maintenance of an adequate risk framework that enables management to deliver its strategy by balancing risk and rewards within the appetite approved by the Board. It is also responsible to ensure governance arrangements in place are adequate to effectively manage all risks of the Group. The risk function is a key contributor to the LSEG's successful delivery of its strategy.
Our people:
People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential.
We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.
As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.
Role
The NFR FrameworkSenior Manager (the Role) is part of the NFR Framework team, which is part of the Non-Financial Risk team and in turn the Group Risk function. The Role reports to the Head of Non-Financial Risk Framework.
The Group Risk function covers all aspects of Operational, Financial and Strategic risk across the Group giving a unique insight and exposure to all areas of the Group. The Group Risk team is responsible for establishing the framework for the management of all non-financial and financial risks across the Group. The function acts as a close advisor to businesses and is engaged in all key strategic initiatives.
The NFR Framework team is responsible for the development and maintenance of the policies and standards expected of all LSEG businesses for identification, assessment, management and reporting of non-financial risks. The team also responsible for developing risk related training materials for staff in the Group Risk function and new joiners across LSEG, to ensure appropriate training supports our policies and improves a strong internal control framework.
The role will require close collaboration across all three lines of defence to ensure that NFR policies are crafted to meet regulatory and management requirements, collaboratively with stakeholders who need to oversee their implementation (2LoD) and are refined based on feedback from implementation (1LoD). The goal is to strike balance between meeting regulatory and management expectations and are targeted to achieve maturity over time, while being achievable in the short turn in line with the maturity of the organisation.
Support the Head of the Framework to build, syndicate and arrive at agreement from 2LoD and 1LoD on all elements of the framework as required by the book of work and point in time priority, including:
- Events, Lessons Learned and Read Across
- Risk and Control Assessment
- Control Framework
- Findings and Self-Identified issues
- Policy Governance Framework
- Maturity Assessment - business and framework
- Additionally, engage and contribute on discussions on related topics in the wider ERM (Enterprise Risk Management) framework:
- Policy Framework
- Risk Taxonomy
- Process, Risk & Control Mapping
- Risk & Issue Materiality Matrix
- Support the development and design new, or refine existing, NFR frameworks.
- Contribute to the design and implementation of risk management data artefacts and tools to meet regulatory expectations.
- Draft, syndicate and publish related policies, procedures, communications, and training materials.
- Coordinate and support the quarterly updated of maturity assessment (business and framework).
- Own the required working groups and NFR Framework Forum if necessary, driving the agenda and materials required.
- Prepare materials for presentation to risk committees, auditors, and senior stakeholders.
- Respond to and deliver actions in a timely manner related to external reviews or internal audits.
- Support 2LoD CRO teams to embed proactive risk management in 1LoD.
- Influence and challenge both 1LoD and 2LoD about framework implementation and adherence.
- Develop and maintain strong working relationships with stakeholders within Risk, and within LSEG.
