Laws, Rules, and Regulations Oversight Risk - AVP

Job description

Job Description Purpose of the role: To define the approach for managing Laws, Rules and Regulations (LRR) Risk across the organisation and provide data-led expert oversight and check and challenge on LRR Risk Management, to support adherence with applicable Laws, Rules and Regulations. Accountabilities: - Definition and maintenance of the framework for managing LRR Risk, including the LRR Risk Management Policy and Standard. - Collaboration with teams across the organisation to facilitate a comprehensive approach to LRR Risk management. - Provision of SME guidance on the end-to-end process for managing LRR Risk, including responding to colleague queries. - Collaboration with stakeholders to assess the level of LRR Risk in the organisation and ensure appropriate steps are in place to identify and support the remediation of potential LRR non-adherence. - Provision of oversight, checking and challenging on the implementation of LRR Risk Management Control Requirements and Controls, through reviews of relevant team processes, activities, reporting and systems. - Review and investigation of LRR Risk related escalations, risk events and issues, providing corrective actions and preventat...