Lead, Governance Reporting and Risk Initiatives

**Purpose**
- The role-holder will act as the governance and risk initiative lead across Corporate & Investment Banking (CIB), to ensure that the committee is furnished with effective and timely risk insights, the non-financial risk profile and associated remedial actions. The role will also involve working closely with other governance leads within constituent CIB businesses to ensure that risk governance and reporting remain effective across subordinate risk committees with common principles adopted across all.
- The role-holder will demonstrate strong Subject Matter Expertise (SME) across the broad spectrum of non-financial risks thereby contributing to the formation of risk insights and remedial actions to improve the non-financial risk profile.

**RESPONSIBILITIES**

**Strategy**
- Provide CIB wide governance and risk reporting coverage across the broad spectrum of non-financial risks.
- Drive risk initiatives around automation and analytics to support effective and timely risk identification.
- Act as a central point of contact for CIB for the first line on Risk and Control-Self Assessments and the implementation of Standard and policy changes.
- Collaborate with Risk Framework Owners (RFOs) to translate high-level policies into actionable, risk-based business journey control standards across the CIB businesses,
- Build a shared understanding of risk-based priorities across the CIB businesses, collaborating closely with both 1 Line of Defence (LoD) and 2LoD stakeholders to drive a unified approach.

**Business**
- Partner with the business to become a trusted advisor and team player focused on delivering the right risk management outcomes for CIB.
- Co-ordinate and deliver business wide review initiatives and project-based activity focused on specific non-financial risks across the business areas within the overall CIB business.
- Work collaboratively with 2LoD functions and Standard Owners to provide on-going feedback on the refinement of these and help manage the effective implementation of these across CIB.

**Processes**
- Drive, co-ordinate as appropriate 1LoD/2LoD working groups to drive effective, practical and timely embedding of policy requirements, RCSAs and other risk initiatives demonstrating strong cross-team collaborative skills.
- Collaborate with key stakeholders to ensure a risk-based approach in the execution of control monitoring and risk management activities and help manage CIB wide projects on Process Universe design, Risk and Control Simplification.
- Embrace an agile risk management approach to promote both a pro-active approach to risk management and a culture of continuous improvement.
- Enhance the feedback loop between the different lines of defence and external parties to ensure that weaknesses or gaps identified through review activity driving read across activity as appropriate.

**People & Talent**
- Cultivate and develop talent within the team to support individual and team objectives.

**Risk Management**
- Drive risk initiatives across CIB to ensure that strong risk governance, first line risk management and a proactive risk management and identification philosophy takes hold across the business.
- Drive and contribute to innovation and strategy for first-line risk management through the use of data analytics, automation and other tools for portfolio level risk analysis, Risk and Control Self Assessments and assurance.
- Support the effective management and oversight of non-financial risk management through owning and collaborating on risk initiatives across CIB, aligned to top and emerging risks.
- Continue the refinement of automated and analytical risk reporting across CIB.
- Lead on pan-CIB training initiatives to improve standards, raise awareness and improve outcomes for non-financial risk identification and remediation.

**Governance**
- Oversee effective risk governance and reporting for CIB across its key non-financial risk governance committees.
- Work collaboratively with governance leads across CIB to ensure that governance and risk committee reporting follow best practices and are effective at provide the requisite levels of risk insights, narratives and mitigating actions to address top and emerging risks.
- Provide regular, clear, risk focused updates for senior management and the CIB Non-Financial Risk Committee, demonstrating insights and delivery against the residual risk profile.
- Report and escalate on a timely and transparent basis to business management and appropriate governance forums on items including emerging risks, key control deficiencies, review outcomes, and material incidents as applicable and support the implementation of agreed actions.
- Responsibility for promoting and maintaining a strong and effective first line of defence risk culture across the CIB businesses.

**Regulatory & Business Conduct**
- Support internal 2LoD Assurance Teams and 3LoD GIA and external parties including regulatory authorities on engagements as required.