What are the responsibilities and job description for the Project Manager - Risk and Controls position at Axelon Services Corporation?
Global Financial Firm located in Tampa, FL has an immediate contract opportunity for an experienced Project Manager - Risk and Controls
This role is currently on a Hybrid Schedule.
You will need to have reliable internet, computer and android or iphone for remote access into the client systems during remote work.
We will be expected in the office weekly 3 days depending on the team requirement.
- Video / f2f interviews are required prior to all offers.
Title : Markets Operational Risk and Controls - Third Party Risk
The Markets Operational Risk and Controls (Operations & Middle Office) Third Party Risk is a group within Markets responsible for providing front to back connectivity with support functions in proactively developing and implementing solutions to control and monitor third-party risk activities to ensure they operate within risk appetite. The team establishes and maintains a robust 1st Line of Defense control environment and culture to minimize operational risk within the business. The objective of the group is to manage Market s exposure to third-party risks within the business functions related to overall Risk Appetite, Governance, and Accountability.
This role will be to support the team s transition of high-risk third parties to a new risk framework and create supporting documentation, procedures, process flows and oversight materials.
The successful candidate will require a comprehensive and wide-ranging understanding of Risk Management protocols and expertise within multiple areas of Operations / Middle Office functions and how they interact to achieve the objectives of the function. The candidate must possess a complete appreciation of how the introduction of new and / or changes to existing regulations, processes, systems, controls and infrastructure may impact the business. The candidate is required to be familiar with Risk & Control compliance requirements for a global Markets business and able to provide advanced judgement / conduct in-depth quantitative and qualitative analysis to solve problems and develop new, innovative solutions.
Key responsibilities :
Responsible for effective partnership with key stakeholders to continuously enhance (design, implement, and deliver) third party processes within Markets
Provide solutions to minimise manual touch points arising from third party business activity
Responsible for delivery of a small and large scale risk programs and workstreams.
SME level support in assessing End to End Risks and Controls design to determine gaps in third party risk management
Identify control weaknesses & gaps, report results, raise Issues (as needed) and track to resolution whilst aiming for automation of enhanced controls, where appropriate
Responsible for quality of reports including issues, overall control enhancements and action plans in collaboration with key business stakeholders including Markets Management, Operations, ORM and ICRM as appropriate
Responsible for completing tasks within broader projects to agreed timescales, whilst keeping stakeholders up to date on progress and escalating any challenges
Knowledge, Experience & Skills :
SME level experience in risk management with a focus on Operations risk and controls (e.g. Margin, Settlements, Middle Office, Reconciliations, Trade Booking).
Excellent leadership, ownership, accountability, and delivery skills.
Proven track record of ability to recognize the issue and process weaknesses.
Proven track record ability to take a lead and drive control enhancements within Operations / Middle Office .
Strong ability to perform targeted deep-dive assessments.
Comprehensive understanding of control design and ability to independently perform controls effectiveness assessment.
Experience in project management implementation.
Exceptional organizational and time management skills.
Qualifications :
Bachelor s / University degree or equivalent experience
