Risk Manager - Assurance

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands.

Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview The Risk Manager - Assurance will play a key role in delivering independent risk and controls assurance across TP ICAP. This includes executing assurance testing, conducting deep-dive reviews into specific risk areas, and providing expert advice to mitigate risk exposure in a commercially sound manner. The role also supports meaningful analysis and reporting to senior stakeholders and ensures compliance with the Enterprise Risk Management Framework.

Key Responsibilities Risk Assurance Support the development and maintenance of Risk Management's approach to risk and control assurance. Contribute to the creation and execution of the annual assurance plan, ensuring coordination across TP ICAP's three lines of defence and alignment with regulatory requirements (e.g., FRC Board Declaration, SOX). Deliver assurance activities and ensure findings are agreed with business owners and managed within the Enterprise Risk Management Framework.

Conduct deep-dive reviews to evaluate risk and control profiles and manage outcomes accordingly. Stay current with industry best practices in risk assurance, including the use of AI, and apply innovations where appropriate. Risk Monitoring & Reporting Support the business in monitoring its end-to-end risk profile through relevant MI, analysis, and commentary. Track and report on significant issues, remediation efforts, and emerging risks.

Identify trends in risk-related data (events, issues, metrics). Provide monthly updates and draft commentary for risk committees and leadership meetings. Training & Awareness Promote a risk-aware culture through training and engagement initiatives. Deliver sessions and materials that enhance understanding of risk management practices. Risk Management Leadership Foster commercially sound risk management across all lines of defence. Champion continuous improvement and leverage external networks and industry bodies.

Respond to market events with timely risk interpretation and mitigation strategies. Lead the assurance program within the Operational Risk Management Framework, including policy development and technical oversight. Drive configuration and enhancement of the Group's GRC system to support assurance efforts. Experience & Competencies Essential Experience in risk and controls assurance, gained through control testing or internal/external audit. Operational Risk experience in a medium to large financial institution.

Bachelor's degree in business, accounting, finance, or a related field; or equivalent professional certification. Solid understanding of the financial services industry and regulatory frameworks. Strong analytical skills with the ability to interpret, summarise, and present data effectively. Effective project management and prioritisation skills in a multi-demand environment. Curious, self-starting mindset with strong problem-solving capabilities. Strong stakeholder management skills; able to build and maintain relationships across the Group.

Desired Experience in an IDB or Capital Markets environment. Additional risk-related experience beyond Operational Risk. Familiarity with fixed income, equities, FX, emerging markets, and electronic/algorithmic trading. Understanding of post-trade workflows supporting the above products.…