Company Description
Legal & General is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, aiming to build a better society for the long term by investing our customers’ money in things that make life better for everyone and create value for our shareholders.
Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.
Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
Job Description
We’re recruiting for a Head of Governance, Risk and Financial Management to join our team. Working with the Group HR Services & Oversight Director, this is a key role ensuring that the Group HR team operates within the appropriate control and risk framework to deliver value to the wider business.
In this role, you will directly oversee the governance and control of Group HR, including risk management, supplier relationship management, budgets/expense management and data privacy, ensuring that the team operates within an appropriate control environment to support business divisions and other group functions.
What you'll be doing:
- Developing and owning a robust risk management framework across Group HR, maintaining oversight and control over strategic, enterprise, operational, financial and non-financial, and Groupwide people risk, on first line risks relevant to all Group HR functions. Owning the internal risk committee and producing quality reporting and MI as required for upwards reporting.
- Developing and owning the supplier relationship strategy and operating model for Group HR, working with TPRM, Procurement, and IT, as required, to ensure that the appropriate governance and oversight is in place for all relevant Group HR third-party suppliers.
- Ensuring that appropriate and effective financial controls are in place across Group HR including developing and managing appropriate FTE and Management Expenses budgets for Group HR to agreed tolerances for quarterly and annual budgets and forecasts.
- Ensuring that all mandatory Groupwide policies are followed, minimum control requirements where specified are in place and operational, working closely with the second line to ensure optimal practices and ways of working are embedded.
- Ensuring Group HR functions maintain the appropriate first line data privacy controls and reporting, in line with group policy, in respect of all employee data. Ensuring controls are embedded and regulatory timelines are adhered to under GDPR, including managing the SAR process for all candidates and employees across the Group.
- Developing an ongoing education programme for existing and new people, so our people clearly understand the Financial and non-Financial risk framework, the importance of supplier managers and what is expected of our people in this regard. Managing the risk and governance team and strategy.
- Taking the lead in all matters regarding the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures including the Partnership Agreement to maximize business performance.
- Ensuring that the principles of Conduct Risk are always embedded into day-to-day operations to deliver good customer outcomes, where appropriate. Ensuring that all business processes and internal controls are designed and performed in a way that delivers good customer outcomes (TCF) and demonstrates effective management of Conduct Risk.
Qualifications
Who we're looking for:
- Candidates must have substantial and demonstrable experience in Risk Management, showcasing a proven track record of effectively identifying, assessing and mitigating risks within a complex organizational, financial services structure
- Knowledge and experience of delivering and governing projects/programs of change in the complex financial/regulated services arena and of the principles, methods, techniques / tools for the preparation and monitoring of budgets and operational reports.
- Ability to define business strategies and to take a broader picture view of situations and proven practical approach in supporting the business to achieve business vision and targeted outcomes.
- Proven ability to build successful working relationships, networks and team dynamics to deliver collaborative outcomes with evidence of influencing senior stakeholders and developing outcomes that challenge their original thinking.
- Product, process and technology savvy with an aptitude to bridge the gap between business and IT, adapting to trends and openness to new ideas.
- Attention to detail and ability to manage a high-volume of tasks, deadlines, requirements, and decisions with an ability to clearly define issues and make tough decisions in the face of ambiguity.
- Excellent interpersonal skills with the ability to successfully engage and influence a broad range of individuals across various internal and external businesses and support functions.
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.
