Assistant Manager, Controls Framework & RCSA

Assistant Manager, Controls Framework & RCSA (1

LOD Risk Management)

FTSE Russell | Assistant Manager |

Location:

London / Hybrid

FTSE Russell is seeking an experienced, analytical and controls-focused Senior Associate, Controls Framework & RCSA to support the design, implementation, operation and continuous improvement of the first-line Controls Framework and Risk & Control Self-Assessment programme across the global business! This role sits within the FTSE Russell Regulatory, Risk & Controls function and acts as a key subject matter specialist for control management, control quality, control lifecycle discipline and RCSA execution.

The role will support the ongoing uplift of FTSE Russell’s controls environment by helping to ensure that controls are clearly defined, consistently documented, appropriately owned, linked to relevant risks and processes, and capable of supporting effective risk management, assurance, issue management and regulatory scrutiny. Working closely with Product, Operations, Engineering, Corporate Functions, Risk & Control colleagues, control owners, process owners and governance stakeholders, the Senior Associate will support controls rationalisation, process-risk-control mapping, RCSA workshops, quality assurance reviews, control framework documentation and management information.

The role will provide practical guidance and constructive challenge to stakeholders to improve control design, control documentation, assessment quality and evidence standards. The role requires someone who can operate with a good degree of independence, interpret complex risk and control information, facilitate cross-functional discussions, identify themes and control gaps, and translate findings into clear recommendations and improvement actions. It is well suited to someone with experience in operational risk, controls, audit, governance, compliance or assurance who is looking to deepen their expertise in first-line controls and RCSA within a regulated financial services and market infrastructure business.

• Support the implementation, operation and ongoing enhancement of the FTSE Russell Controls Framework.
• Assist with the development and maintenance of control standards, methodologies, guidance, templates and supporting procedures.
• Promote consistent control documentation and ownership across FTSE Russell, ensuring controls are described in a clear, measurable and testable way.
• Support governance activities relating to control design, control lifecycle management, control ownership and control evidence standards.
• Help ensure controls are aligned to LSEG requirements, FTSE Russell procedures and applicable regulatory expectations.
• Provide practical support and guidance to control owners and business stakeholders on control documentation, control objectives, frequency, evidence and ownership.
• Maintain framework documentation and supporting materials, ensuring they remain current, accessible and aligned to operating model requirements.
• Support the embedding of framework requirements across business areas through workshops, guidance sessions and stakeholder follow-up.

• Support controls inventory reviews and classification exercises to improve the quality, completeness and sustainability of the controls population.
• Conduct detailed analysis of control records to identify duplicates, overlaps, obsolete controls, non-control activities, unclear ownership and inconsistent documentation.
• Assist with control rationalisation and redesign activities, helping to determine which controls should be retained, enhanced, consolidated or retired.
• Review controls against established standards and challenge deficiencies…