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Join us as an LRGC - Risk Events and Issues LRR Lead ,where the potential candidate will support the Legal Function with the management of LRR Risk, with respect to the global Risk Events and Issues process. This team will have 3 colleagues forming the triage team. The triage team will coordinate the risk events and will issue records in the relevant Legal workflow tool (Salesforce). The team will also work on allocating the records to the appropriate Legal team and will be responsible to monitor the workflow, ageing and support in creation of reporting/MI.
Job Responsibility:
Support the Legal Function with the management of LRR Risk, with respect to the global Risk Events and Issues process
Coordinate the risk events and issue records in the relevant Legal workflow tool (Salesforce)
Work on allocating the records to the appropriate Legal team
Be responsible to monitor the workflow, ageing and support in creation of reporting/MI
Development and implementation of best practice legal strategies for risk management and compliance
Legal advice and support to the business on regulatory affairs
Subject matter support in the Legal department’s representation of the bank in legal proceedings related to regulatory matters
Review of relevant legislation and regulation and creation and review of legal documents
Legal research and analysis to stay up to date on changes in laws and regulations
Developing and delivering training programmes to educate employees on applicable legal and regulatory requirements
Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs)
Requirements:
Monitoring a shared inbox and liaising with colleagues across Legal, the business and other functions to support the timely resolution of records
Preparing and presenting MI reporting and commentary about the workflow to Project Arthur committees, working groups and, wherever applicable, to specific businesses and functions
Contributing to the preparation of training materials for lawyers and periodic enhancements to the efficiency and scope of the process
Supporting Legal colleagues by engaging in discussions about risk events and issues with other parts of the organization including CCO, Compliance, Risk and Technology
Operating the detailed processes set out in the existing service artefacts (desk procedures, process maps and KPIs)
Bachelors/Master's Degree in Law with experience in legal Operations/Compliance in Financial services
Nice to have:
Excellent communication and organizational skills
Skilled in relationship building, including ability to work well with Legal colleagues in different teams, globally
Ability to prioritize a high volume of work and to operate both independently and as a global team member, with good organizational skills
Risk and controls mindset
Exposure to reviewing laws, rules and regulations is an added advantage