Operational Risk Associate

Purpose of Role

The Operational Risk Associate will be part of the wider Enterprise Risk / Operational Risk function and support the team in further developing and managing operational risks across all business functions.

The position will report to the Head of Enterprise/Operational Risk.

Key Responsibilities

• Support the development and implementation of Pantheon's global operational risk frameworks and policies and procedures for adoption by Pantheon Group entities
• Support the ISAE 3402/SSAE 16 annual processes including completion of the document, drafting of controls wording and providing external auditor with supporting information.
• Support process and control reviews to identify risks and issues in Pantheon's control environment. Reviews will include identified areas of risk, monitoring programme and new business processes.
• Manage Error/Incident reporting process including reporting to management and resolution of any issues. Ensure monitoring procedures are in line with Pantheon's risk policies. Direct investigation of serious error or breaches and make recommendations for change to management
• Co-ordinate and assist in providing risk oversight and governance across third party supplier relationships of all Pantheon Group entities
• Support business continuity process including BCP and testing programme.
• Support to manage various risk-related frameworks such as the data privacy / data protection, vendor risk, Insurance risk, and assist with any client / business related queries
• Support and further develop a centralised library of processes, risks and controls in a strategic risk system

Skills and Experience Required

• Degree level education
• Experience of working in a risk function ideally in an investment banking, asset management, private equity environment
• Understanding of investment management and products
• Ability to work on own initiative and in team
• Ability to identify when issues should be escalated for further discussion
• Controls awareness
• Keen problem-solving skills, ability to offer solutions to issues

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