Senior Manager of Controls Framework & RCSA (1st Line of Defense Risk)
- Source: Workday
- London Stock Exchange
- On-site
- London
- Full-Time
- Senior
Job Description
- FTSE Russell is seeking an experienced, credible and delivery-focused Senior Manager, Controls Framework & RCSA to lead the design, governance, operation and continuous improvement of the first-line Controls Framework and Risk & Control Self-Assessment programme across the global business!
- This role sits within the FTSE Russell Regulatory, Risk & Controls function and acts as the first-line subject matter expert for controls management, control lifecycle governance, controls rationalisation and RCSA methodology
- The role is accountable for establishing a credible, complete and sustainable Controls Framework that enables effective risk identification, control design, control assessment, assurance, root cause analysis, risk appetite monitoring and senior management reporting
- The Senior Manager will lead the ongoing uplift of the controls environment across FTSE Russell, including control inventory rationalisation, control taxonomy and classification, process-risk-control mapping, control documentation standards, ownership and accountability models, evidence requirements, governance routines and operating model implementation
- The role will ensure that controls are not simply documented, but are clearly linked to business processes, process risks, operational risks, regulatory obligations, incidents, issues, audit findings and RCSA outcomes
- Working closely with business leaders, Product, Operations, Engineering, Corporate Functions, Second Line Risk, Compliance, Internal Audit, Technology and control owners, the role will provide senior-level guidance, challenge and direction to improve control quality, strengthen risk management practices and embed a more consistent, evidence-led and regulator-credible control environment
- Controls Framework Ownership:
- Own and continuously enhance the FTSE Russell first-line Controls Framework, ensuring it remains credible, complete, sustainable and aligned to LSEG standards and regulatory expectations
- Establish, maintain and embed control policies, standards, methodologies, templates, guidance and governance requirements across FTSE Russell
- Define and maintain control taxonomy, control classification criteria, control inventory standards and minimum documentation requirements
- Set expectations for control objectives, design quality, ownership, frequency, evidence, testing readiness and lifecycle management
- Ensure consistency in control design, documentation, ownership and evidence standards across business areas, regions and functions
- Act as the primary first-line SME for controls governance, controls lifecycle management, control quality and framework interpretation
- Provide senior-level guidance and challenge to business collaborators on control design, adequacy, sustainability and alignment to key risks
- Ensure the Controls Framework supports wider risk management processes, including RCSA, issue management, incident management, RCA, assurance and risk appetite monitoring
- Controls Uplift and Transformation:
- Lead the controls uplift programme across FTSE Russell, ensuring clear scope, governance, milestones, delivery discipline and measurable outcomes
- Define and implement methodologies for control classification, rationalisation, standardisation and redesign
- Oversee the identification and removal of duplicate, obsolete, poorly defined or non-control activities from the controls inventory
- Drive the redesign and standardisation of retained controls, ensuring they are clear, measurable, testable and appropriately aligned to risk
- Establish minimum standards for control objectives, ownership, frequency, evidence, performance expectations and testing requirements
- Ensure the control inventory remains accurate, complete, current and capable of supporting assurance, reporting and regulatory scrutiny
- Oversee control remediation and uplift activity, including delivery tracking, dependency management, issue escalation and closure evidence
- Support the transition from fragmented control documentation to a more mature, consistent and sustainable control lifecycle model
- Ensure uplift activity is embedded into BAU governance rather than treated as a one-off clean-up exercise
- Process, Risk and RCSA Integration:
- Lead integration of controls with the RCSA framework, ensuring assessments are grounded in a clear understanding of process risks and control coverage
- Ensure key controls are mapped to business processes, process risks, operational risks and…
Skills
- metricstream
- benchmark
- workday
