Manager – First Line Risk Management

We are seeking a highly skilled and experienced Risk Management Manager - Independent Validation to join our Risk Management team. The candidate will be responsible for leading independent validation and quality assurance activities across the risk management framework, ensuring the effectiveness, completeness, and consistency of risk assessments, issue management, control environments, and regulatory compliance practices. The role will drive effective challenge, thematic insight, governance discipline, and continuous improvement across risk management processes and outcomes.

This role will report to Senior Risk Manager in the COO Business Control Office - 1LOD (Risk Management).

Key Responsibilities

·   Lead and oversee independent validation and quality assurance reviews across non-financial risk management activities, Risk and Control Self-Assessments (RCSA), issues, events, top and emerging risks, business continuity planning, Internal Audit (IA) actions, and business maturity assessments.

·   Provide effective challenge to risk owners and stakeholders on the quality, completeness, and effectiveness of risk assessments, controls, remediation plans, and associated documentation.

·   Design, execute, and continuously enhance validation methodologies, testing approaches, quality standards, and review frameworks.

·   Perform thematic reviews to identify recurring control weaknesses, risk trends, process gaps, and opportunities for improvement across business functions.

·   Evaluate the design and operating effectiveness of risk management processes and controls, ensuring alignment with organisational risk standards and regulatory expectations.

·   Review and assess issue management practices, including root cause analysis, remediation planning, closure evidence, and sustainable risk mitigation.

·   Produce insightful reporting and management information, highlighting quality assurance outcomes, emerging concerns, common findings, and recommendations.

·   Partner with Embedded Risk Managers, Control Owners, and business stakeholders to drive uplift initiatives and strengthen risk management maturity.

·   Monitor adherence to London Stock Exchange Group (LSEG) policies, risk management standards, and regulatory requirements through independent review and validation activities.

·   Support Internal Audit, regulatory reviews, and other assurance functions through coordination, evidence review, and quality assessments.

·   Lead continuous improvement initiatives to enhance the efficiency, effectiveness, and consistency of independent validation and quality assurance activities.

·   Coach and mentor team members, fostering a culture of challenge, objectivity, continuous improvement, and high-quality risk management outcomes.

Skills Required

·   Minimum of 10-12 years of relevant experience in Risk Management, Internal Audit, Control Assurance, Independent Validation, or Operational Risk.

·   Strong knowledge of non-financial risk management frameworks, internal controls, and regulatory requirements.

·   Experience conducting assurance reviews, control testing, quality assurance, or independent validation activities.

·   Strong analytical, investigative, and problem-solving skills.

·   Ability to provide constructive challenge and influence senior stakeholders.

·   Excellent written and verbal communication skills, including the ability to present complex findings to diverse audiences.

·   Experience preparing executive-level reports and presenting assurance outcomes to governance forums.

·   Proven ability to lead initiatives, manage stakeholders, and mentor team members.

·   Experience working with Governance, Risk, and Compliance (GRC) platforms and risk management processes.

Success Measures

·   Improved quality and consistency of risk assessments, issue management, and control documentation.

·   Effective identification of control gaps, process weaknesses, and emerging risk themes.

·   Strong stakeholder engagement and adoption of quality improvement recommendations.

·   Reduction in repeat findings and improvement in remediation effectiveness.

·   Increased risk management maturity across supported functions.

If you are a proactive and strategic thinker with a passion for independent validation, quality assurance, and risk management, we encourage you to apply for this opportunity to strengthen our Risk Management team.

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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