Operate independently from operational teams while maintaining close working relationships to stay informed and influential. Engage in forums, reporting cycles, and ad-hoc discussions to remain embedded in the business.
Lead and contribute to governance forums such as the Risk and Control Oversight forum. Share insights, track actions, and escalate concerns to senior leadership and compliance functions.
Team Purpose:
The Governance and Risk Reporting team exists to embed a robust Enterprise Risk Management Framework (ERMF) across UKPI, ensuring that risk awareness, accountability, and compliance are deeply integrated into operational practices.
The team acts as a consultative oversight function—a "1.5 line of defence"—bridging operational execution and strategic risk governance.
Your role:
Act as a gatekeeper for UKPI risk, consulted on all material issues and informed of developments across operational teams. Support broader assurance testing through validation, MI preparation, and contribution.
Operate independently from operational teams while maintaining close working relationships to stay informed and influential. Engage in forums, reporting cycles, and ad-hoc discussions to remain embedded in the business.
Lead and contribute to governance forums such as the Risk and Control Oversight forum. Share insights, track actions, and escalate concerns to senior leadership and compliance functions.
Core Responsibilities
Governance Oversight: Lead and support the governance of risks and issues at the first-line level for UKPI, overseeing internal and external risk events, analysing trends, identifying control gaps, and addressing high-impact failings.
Issue & Risk Remediation: Identify and remediate issues, risks, and control gaps through root cause analysis, thematic analysis and process reviews, ensuring all actions are tracked and closed.
Stakeholder Engagement: Collaborate with operational teams, Enterprise Risk Management, and second-line functions to align risk interpretation, remediation, and reporting standards.
Reporting & Forums: Contribute to risk reporting at European and global levels, including Top Risks, ICARA, Issues Management, and Risk Events. Actively participate in forums, supporting the Risk and Control Oversight Forum.
Risk and Control Framework Implementation: Support and lead the identification, design, and implementation of the internal risk and control framework within the assigned division, using relevant tools and platforms. Address gaps and recommend enhancements to improve framework effectiveness.
Consultation and Audit Support: Provide consultation, facilitation, and analytical support to ensure risks are identified and managed in alignment with Business Control Assurance partners. Advise on internal and external audit activities and support risk mitigation initiatives in response to audit findings.
Management Reporting: Support the development, documentation, and distribution of management reporting data, maintaining clear and thorough records of findings and results. Strong ability to interrogate data, identify trends, spot anomalies, and draw clear, evidence‑based insights to support operational and risk decision‑making.
Best Practice Sharing: Build strong working relationships with key internal and external stakeholders, collaborating to share best practices and communicate effective control solutions across the organization.
Risk Awareness and Education: Educate team members on emerging and strategic risk issues, promoting awareness, compliance, and a strong risk culture.
Project Participation: Participate in special projects and perform additional duties as required to support team objectives and continuous improvement.
Qualifications and Skills
Significant related work experience.
Proven experience in risk management is preferred.
Familiarity with first line risk management (e.g., RCSA, ICARA, risk events) and risk assessment tools are advantageous.
Familiarity with FCA regulatory rulebooks preferred.
Demonstrates an understanding of how AI tools support analysis, decision‑making, efficiency, and risk management. Able to apply AI responsibly in line with governance and data‑ethics standards.
Communicates complex information clearly and succinctly, adapting style for different audiences, including senior stakeholders; produces high‑quality written and verbal outputs.
Able to apply sound judgement to independently question assumptions, highlight potential risks, and provide constructive challenge to drive better outcomes across the business.
Confident in shaping thinking, building alignment, and influencing stakeholders at all levels to support effective risk governance and operational decision‑making.
Special Factors
- Vanguard is not offering visa sponsorship for this position.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
