In this role you will be working as part of Columbia Threadneedle's Global Operations and Investor Services (GOIS) First Line Business Risk Management team, you will be the main contact and business relationship owner located in UK reporting to the GOIS & Data Business Risk & Controls Director. You will deliver operational, regulatory and/or financial risk management support to GOIS and Data Management business units. Working closely with all GOIS & Data business partners in helping them manage business risk on a day-to-day basis. You will support Global First Line Risk Management efforts with specific focus on EMEA business activities. Executing on a structured approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Ensuring an integrated risk framework and strong control environment by leading the organization in the proactive identification of risk, continuous control improvement and issue mitigation. Participating in committee meetings as needed. Attending business line update meetings. Builds and maintains good working relationship with other risk partners such as Second Line Risk, Compliance, Legal, Externa & Internal Auditors. Leading Risk and Control assessments, process walkthroughs in conformance with department standards, generally in complex areas. Recommending changes to BRC test plans to focus efforts on risk areas and provide value to stakeholders. Capturing Business Processes in narrative and visual process flow format to conduct process design and control environment effectiveness assessments. Conducting of Operational Soundness/Resilience exercises. Building, reviewing and analysing Risk Management data to help inform business strategy, identify risk trends, and ensuring appropriate and timely control, mitigation, and corrective action completion. Actively searching and developing new ways to implement proactive risk management strategies and tools. Being able to manage and report on high impact complex risk event to resolution. Actively managing Risk Events buy conducting detailed root cause analysis via interviews, emails, evidence review in a fast phase environment and provide concise yet complete summaries and meaningful credible challenge and recommendations. Promptly communicating/escalating high risk events to Second Line Risk partners and ELT members. Identifying control deficiencies, assessing exposure and significance, and proposing corrective action recommendations. Monitoring and validating Management Action Plan status. Recommending closure of Management Action Plans when actions are complete and identified deficiency has been addressed. Collecting, analysing, and helping business partner identify and monitor meaningful and actionable Key Risk Indicators. Supervising and leading assigned projects. Managing the scope, schedule, and deliverables of assigned work. Providing leadership to peers and junior staff as needed in the work assigned. Taking active ownership of Global First Line Risk initiatives, projects, and deliverables as assigned. Approximately 20% of time will be devoted to these broader projects/deliverables. Proactively communicating/escalate challenges and roadblocks that impact ability to meet established timelines. Coordinating with the appropriate control groups and business partners, in planning, and executing assigned work. Ensure work is completed within established timelines. Assisting the Director in developing and training junior team members. Transferring knowledge and assisting others to expand control testing, risk management skills and business knowledge. How you'll spend your time Pro-actively identify opportunities and recommend solutions to mitigate current and future business risk. Act as the main business relationship owner for EMEA business partners. Work with multiple functional business areas and business owners to support first line of defense Risk Management delivery. Builds and maintains good working relationship with other risk partners such as Second Line Risk, Compliance, Legal, Externa & Internal Auditors. Oversee periodic and ad-hoc control evaluation and testing. Help junior staff to develop test plans and testing attributes. May need to conduct more complex test work if needed. Conduct Business Risk Assessment work. Conduct process walkthroughs, documentation, and control gap analysis Provide project support with broader Global First Line Risk initiatives, projects, and deliverables. Review trends in Risk Events, audit and compliance findings to generate actionable reports to feed into Senior Leader communications. Develop and maintain risk and control inventories/process maps/Key Risk Indicators. Conduct Operational Resilience Exercises. Lead in project management for controls remediation, process/control design and improvement projects. Manage and report on high impact complex Risk Events to resolution. Ensure timely and accurate Risk Event recording, resolution and closure and escalation. Build, review and analyze Risk Management data to help inform business strategy, identify risk trends. Actively search and develop new ways to implement proactive risk management strategies and tools. Prepare agenda/presentation document for Business/Function Risk & Control meetings. Recommend changes to BRC control review plans to focus efforts on risk areas and provide value to stakeholders To be successful in this role you will have Experience in an audit function, operational risk management and control testing, process mapping and control gap analysis. Previous experience in the Asset Management/Investment Fund Management industry. Previous experience in Internal/External Audit, Operational Risk Management, ISAE Review/testing or Risk and Control Assessments (RCSA). Solid knowledge and proper application of risk management, control and audit theory. Proven ability to partner with the Business Leadership and subject matter experts. Ability to assess and test control design and operational effectiveness. Develop process/operational soundness review plans. Ability to capture Business Processes in narrative and visual process flow format to conduct process design and control environment effectiveness assessments. Knowledge of current techniques in operational risk management, controls and operational soundness. Ability to assess data points (e.g. inherent risk, residual risk, emerging risks, control effectiveness, key risk indicators) to propose an actionable plan to bring data points into tolerance. Proficiency in risk management/testing and validation tools such as MetricStream, Archer, RCSA and Visio Ability to create targeted and high-quality papers for governance forums, working at the direction of the Director. Excellent written and verbal communication skills. Ability to write clear concise issue summaries, business cases, recommendations, report summaries. Proficiency in Microsoft Excel Advanced skills used for higher-level data analysis and data manipulation, involving more complex formulas and formatting as well as in-depth knowledge of Excel tools and functions. Proficiency in PowerPoint, Power BI and Visio. Strong analytical, organizational, and time-management skills. Ability to drive results and meet deadlines. Experience with managing and delivering on multiple projects with competing deadlines. Ability to coordinate with appropriate control groups in planning and executing assigned work. Expanded knowledge/understanding across multiple lines of business and/or develop knowledge/understanding in critical subject matter area. Ability to transfer knowledge and assist others to expand control testing, risk management skills and business knowledge. Ability to conduct detailed root cause analysis. Ability to discern the main issue at hand via interviews, emails, evidence review in a fast phase environment and provide concise summaries and meaningful credible challenge and recommendations. It would be great if you also had Solution oriented creative thinker Proven ability to partner with business leaders in assessing and mitigating risks. Previous experience in MetricStream REV, RCSA and KRI modules and methodologies Expanded knowledge/understanding across multiple lines of business and/or develop knowledge/understanding in critical subject matter area. Familiarity with EMEA, North America, APAC regulatory requirements Previous experience in SOC 1 and SOC 2, SOX reviews and testing About Columbia Threadneedle Investments Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses. We're intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base. We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter. Full-Time/Part-Time Full time Worker Sub Type Permanent Job Family Group Mutual Fund Operations