Risk and Compliance Specialist

Requirements of the role

Every time anyone uses a cash machine, transfers money, uses contactless, or gets paid, they use a payment system. Payment systems are always evolving and the PSR is here to make sure they work well for everyone. Follow this link to find out more About The PSR

The Central Risk Team (2LoD)

The Central Risk Team drives delivery of the PSR’s risk management framework and is the second line of defence (2LoD). The team plays a vital role in supporting all divisions within the PSR with all aspects of the risk management framework and aims to nurture a strong risk aware culture.

What will you be doing?
This is an exciting opportunity to join the Central Risk Team, you will support on risk management in the PSR, providing second line of defence (2LoD) challenge and assurance on risks captured across the PSR.

• You will support the implementation of the risk management framework and maintain key risk management products and processes to ensure that they remain fit for purpose
• You will lead on compliance monitoring and reporting against key organisational policies
• You will also support risk-related communications and engagement across the organisation as well as risk reporting including to the Executive, Audit Committee and Risk Committee
• This role requires a significant amount of stakeholder engagement
• You will be responsible for overseeing and reporting on open internal audit actions, liaising with the business and Internal Audit to ensure that actions are managed well
• This role also acts as deputy for the Lead Associate, where required

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