Investment Business Control Associate

Investment Business Control Associate

Business Area :
Operations

Place of Work :
London

Contract Type :
Permanent

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

In your role as Investment Business Control Associate you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to support the development of the 1st line first-line oversight of the Investment Business in line with USS strategic objectives. The main purpose of the team is to ensure that the investment business operates with controlled, efficient, and resilient capabilities.

• Contributing to the successful implementation of the new Supplier Provider oversight framework in USSIM. Collaborate with the project manager, contract owners, and relevant parties to roll out and then maintain the new operating model for managing suppliers and third‑party risk in USSIM.
• Facilitating the implementation and execution of the new Control Framework in the investment business. This includes supporting USSIM Risk Champions to identify, map, and assess their team's key controls, as well as conducting Risk and Control Self‑Assessment (RCSA) activities.
• Supporting the delivery of key IBC reporting. This encompasses the Quarterly Assurance Map, Key Performance Indicators monitoring, and the Service Providers scorecard.
• Assisting the Head of IBC in delivering Operational & Cyber Resilience activities. Ensure that investment business services can operate during disruptions by conducting scenario testing and business impact assessments to identify areas of vulnerabilities.
• Reviewing COO operational risk events, carry out root cause analysis, identify remedial action and provide reporting to Senior Management.
• Performing first‑line process reviews to identify areas for improvement. Propose changes and manage delivery with stakeholders.
• Supporting the maintenance of the SMCR 'Reasonable Steps Framework'. Developed in response to the Senior Managers and Certification Regime, this includes ensuring that SMFs' responsibilities are clearly allocated across the business and supported by robust governance.

We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.

• Good knowledge of financial services, investment products and regulations.
• Demonstrable experience in Risk & Control Management or Business Management activities.
• Strong interpersonal skills – in particular, stakeholder management and influencing skills.
• Proficiency in MS Office programs and, preferably ability to manage data in Power BI.
• High standard of written communication for Senior Management and Board level reporting.

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team.

Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of…