Company Overview
JOB DESCRIPTION
As a global investment manager, we help institutions, intermediaries and individuals meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients needs. That's why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients.
Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for 778.7 billion* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 6,000+ people across six continents who focus on doing just this.
We are a global business that's managed locally. This allows us to always keep our clients needs at the heart of everything we do. For over 200 years and more than seven generations we've grown and developed our expertise in tandem with our clients needs and interests.
Job Summary
Group Risk is part of the second line of defence at Schroders and therefore works closely with the other second line functions, most notably Compliance, Legal, Finance and Human Resources and the 3rd line of defence, being Group Internal Audit.
The purpose of Group risk is to identify risks and provide independent oversight and challenge to the 1st line of defence and ensure the group's risk profile is properly understood and operating in line with risk appetite.
The APAC Operational Risk team is responsible for ensuring that the risk management process is effectively implemented by supporting the business to interpret and adopt it. The team provides an independent oversight and challenge to the business in the management of their risks and supports them in completing their own risk assessments and for identifying, managing and mitigating risks.
This role is an integral role within the APAC Operational Risk team and will be responsible for operational risk management oversight of certain locations and functions within APAC, reporting to Head of Enterprise Risk and Compliance, Asia Pacific.
Key Responsibilities
- Oversight of the operational risk framework and ensuring adherence of the components within by the 1st line of defence (including providing advice in carrying out the tasks and maintenance of required information in Archer) such as:
- RCAs
- Operational Risk Events
- Issues and Actions
- Analysing material sources of operational risk across the region, providing forward looking operational risk expertise to business and senior management.
- Establish relationships with business area heads to keep informed of changes and business developments.
- Involvement in key projects and initiatives to oversee the risk identification, assessment and mitigation plans by the 1st line of defence and ensure appropriate operational risk assessments are performed as necessary.
- Involvement in the New Product and New Client risk assessment process, review and challenge the assessment results and mitigation proposed/undertaken where appropriate.
- Represent Risk in attending various Local and Regional Committee meetings and project steering committee/working groups
- Work with the Group Risk team to ensure key policies and frameworks are adhered to in the region.
- Escalate material issues rapidly to the Head of Enterprise Risk and Compliance, Asia Pacific.
- Other ad-hoc activities e.g., carry out risk based deep dive reviews based on requests from senior management
Essential Skills
- More than 12 years of experience within the Financial Services industry with at least 8 years spent either within 1st line risk or operational risk management. Knowledge of the Asset Management industry preferable
- Thorough knowledge of the operational risk management framework
- An ability to engage effectively with a range of different individuals across the organization
- Excellent communication and presentation skills
- Innate ability to synthesize information and to understand what the key issues are and the appropriate actions required to address these
- Possess a change mindset with an ability to constantly challenge status quo
- Initiated and proactive
- Managerial experience will be an added advantage
- Ability to think strategically and handle time pressure
- Graduate level education in an appropriate discipline
- Prior business management experience preferable
We Recognise Potential, Whoever You Are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics
About Us
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
