UK Risk & Controls Director

Finance & Commercial London, England


Description

Position at GroupM

SCOPE AND OBJECTIVE:

GroupM is the world’s leading media investment company responsible for more than $63B in annual media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis. GroupM’s portfolio includes Data & Technology, Investment, and Services, all united in vision to shape the next era of media where advertising works better for people.

 

We are looking for someone to join our team in the capacity of GroupM UK Risk & Controls Director based in London. This is a challenging role with multiple priorities and a wide range of stakeholders across the Group. The candidate will be part of the worldwide Risk & Controls team, responsible for the UK region.

 

Objectives of the Risk & Control function include:

 

  • Being a trusted partner and adviser for the Company in the area of risk, internal controls and compliance;
  • Driving continuous improvement in the Company’s control environment and fostering ownership and accountability for internal controls at all levels;
  • Supporting the culture of compliance, ethics and integrity;
  • Providing training on internal policies, “what good looks like” in relation to controls, supporting controls implementation and demonstrating the value of good controls throughout the Company;
  • Embracing technology and innovation to optimise risk & control activities and increase level of compliance across the business; and
  • Building and leveraging relationships to identify risks, anticipate issues and recommend solutions.

 

KEY DUTIES AND RESPONSIBILITIES:

  1. Promote and help embed the culture of ethics and integrity across the region through training, support and advising on relevant topics such as anti-bribery and corruption, internal controls, as well as internal policy requirements.
  2. Serve as a risk & controls subject matter expert / thought leader within the business.
  3. Be a change agent to lead and effect desired change throughout the UK.
  4. Be a great business partner; establish and maintain excellent relationships within the team and collaborate effectively with colleagues across GroupM, WPP and other Networks.  Engage with multiple senior stakeholders, both internal and external.
  5. Lead the UK Risk & Control team - set a high standard and clear expectations; challenge, encourage, motivate, and inspire individuals to maximize their potential to achieve individual and departmental objectives.
  6. Support the design and implementation of financial, operational and compliance controls across the UK in line with the WPP Internal Control framework, which includes meeting the documentation and evidence standards required.
  7. Design and operate effective on-going quality review / control monitoring programs as a second line of defense.
  8. Identify opportunities for continuous improvement, including use of technology, while adapting to the new and evolving challenges and opportunities.
  9. Set UK standards (where applicable and in line with EMEA / Global instruction), reinforce WPP & GroupM policies, control requirements and communicate updates / changes to the business in a clear and concise manner.
  10. Be a partner and source of support and guidance for specific areas of change / strategic importance that require controls implementation to enable on-going success.
  11. Think strategically about our business, develop pragmatic and sustainable solutions to enhance the control environment and streamline and standardise processes, procedures and controls.
  12. Coordinate audit activities for the UK, liaising with internal and external audit teams (e.g. PwC, Deloitte) and monitor remediation for all source of assurance (SOX, WPP IA, Deloitte).
  13. Coordinate / oversee internal control and risk management processes, e.g. business risk maps, internal control self-certifications, market Letter of Representation submissions, Code of Conduct and related party declarations review.
  1. Assist regional management in ad hoc activities in relation to SOX and compliance in the market.

 

 

EXPERIENCE AND SKILLS:

  • ACA/CA/ACCA qualified with a minimum of 5+ years of post-qualification experience (industry or consulting experience in ethics and compliance, business process improvement, risk management, or internal / external audit).
  • Familiar with IFRS, Sarbanes-Oxley compliance, PCAOB requirements, etc.
  • A leader who is driven, high-energy, change-oriented with proven ability to make decisions while being both a flexible and disciplined thinker.
  • Ability to apply a structured approach towards balancing multiple demands and priorities in a fast-paced environment and work cross-functionally with multiple geographies, functions, and employees of diverse backgrounds.
  • Experienced in assessing business risk and evaluating adequacy and effectiveness of internal control systems.
  • Proven track record of driving improvement and creating stronger business partnering relationships, rather than simply enforcing guidelines.
  • Excellent interpersonal and communication skills (verbal and written) in interactions with staff and senior management. Ability to settle issues calmly and win concessions without damaging relationships.
  • Experience in media and advertising with proven knowledge of core business processes is a plus.
  • Fluency in English is required.