About the Role
Remediation Management (RM) is a dedicated function responsible for coordinating remediation efforts end-to-end to ensure consistent execution and timely delivery. This role supports and facilitates the closure of high-profile regulatory or audit findings, coordinating with diverse business units and providing guidance throughout the remediation lifecycle.
Responsibilities
- Proactively support and facilitate closure of high-profile regulatory or audit findings.
- Foster cross-functional collaboration while remediation teams develop, document, and execute plans.
- Support business units in defining remediation strategy, frameworks, and governance.
- Partner with remediation teams to drive root cause analysis (RCA).
- Liaise with senior stakeholders and Regulatory Relations for regulatory issues.
- Produce 'Board and regulator-ready' reporting, tracking Corrective Action Plans, KPIs, and milestones.
- Own and maintain the remediation procedure, coordinating end-to-end process adherence.
- Facilitate the collection of documentation to support response letters.
Requirements
- 7+ years' experience in management of remediation projects, compliance, risk management, or audit, particularly with financial services, insurance, or highly regulated environments.
- Deep understanding of regulatory frameworks (e.g., Regulation HH, CPMI-IOSCO, PFMI).
- Experience with regulatory change management.
- Proven capability to lead complex remediation projects, managing budgets, resources, and timelines.
- Experience with risk assessments, data lineage, control testing, and evidence mapping.
Skills
- Exceptional written and verbal communication skills.
- Ability to produce clear, concise, 'board and regulator-ready' documents.
- Strong ability to hold action owners accountable.
- Ability to influence senior leadership in high-pressure, fast-paced environments.
- Strong problem-solving skills to manage ambiguity.
- Ability to analyze large, complex data sets.
Location
- London
Work Type
- Hybrid working
Experience Level
- Director
- 7+ years
Education Level
- Bachelor's degree in finance, law, accounting or a related field
- Relevant certifications (e.g., CPA, CIA, risk, project management certifications) are advantageous
Benefits
- 25 holiday days and 3 ‘life days’ (in addition to bank holidays) in UK/Asia; 23 holiday days in US.
- 2 paid volunteer days.
- Generous parental leave policies.
- Parental transition coaching programmes and support services.
- Wellbeing and mental health support resources.
- Employee Networks (Women’s Forum, Black Employee Network, Pride Network).
- Active support of flexible working.
- Monthly ‘Heads Down Days’ with no meetings.
- Generous non-contributory pension provision for UK/Asia employees.
- 401K match from CLS for US employees.
- Private medical insurance and dental coverage.
- Social events.
- Annual flu vaccinations.
- Discounts and savings and cashback across a wide range of categories for UK employees.
- Discounted Gym membership for US employees.
- Access to Discover – comprehensive learning platform with 1000+ courses from LinkedIn Learning.
- Access to frequent development sessions.
About the Company
- CLS is the trusted party at the centre of the global FX ecosystem, making FX safer, smoother and more cost effective.
- Utilized by thousands of counterparties, CLS's unrivalled global settlement infrastructure reduces systemic risk and provides standardization.
- CLS products enable clients to manage risk effectively across the full FX lifecycle.
- CLS values include Pivotal purpose, Trusted guardian, Targeted innovation, Facilitate connections, Delivering excellence, and Inclusive culture.
Equal Opportunity
- CLS celebrates inclusion and considers this to be one of its strongest assets.
- Committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued.
