Senior Resilience Framework Officer

<p>ROLE SPECIFICATION:  Senior Resilience Framework Officer</p><p></p><p>LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies to fund innovation, handle risk and create jobs. It’s how we support the financial stability and growth of communities and economies globally for more than 300 years.</p><p></p><p>Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.</p><p></p><p>LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.</p><p></p><p>Within the Markets division of LSEG, LCH is a group of leading multi-asset clearing houses that provides proven risk management capabilities across a range of asset classes. As demand for robust clearing services continues to grow, LCH is committed to maintaining the highest standards of risk management across all our services.</p><p></p><p>LCH operates an open access model, offering a choice of execution venues, delivering unprecedented choice and efficiencies to the marketplace.</p><p></p><p>LCH operates clearing houses around the world, with clearing houses incorporated in the UK, France and the United States with additional offices in the Asia Pacific region. It offers clearing services across asset classes including OTC and listed rates; CDS and FX; fixed income; commodities; cash equities and equity derivatives.</p><p></p><p><b>Overall functional objective</b></p><p></p><p>Operational Resilience is transversal to all departments of the organization. To meet this objective, the Group has launched a program: Group Operational Resilience Program (GORP). The role is designed to ensure a proper framework is in place for management of Resilience Risks in LCH SA.</p><p></p><p>The role understands Operational Resilience challenges and aims at facilitating GORP execution in line with local Regulatory requirements (e.g DORA) and LCH SA Risk management frameworks.</p><p></p><p>The role will coordinate GORP implementation and business as usual (BAU) within the First Line of Defence (LoD1).</p><p></p><p>The role aims at increasing LoD1 awareness of GORP frameworks and will improve LoD1 ownership in GORP execution.</p><p></p><p>This role is in the FL Risk Resilience team (COO office) and reports to the Head of First Line Resilience.</p><p></p><p></p><p><b>Operational responsibilities:</b> </p><ul><li>Coordinate and lead the implementation of GORP for the LoD1 with a risk-based approach, considering French regulatory specificities.</li><li>Monitor, on a continuous basis, the completion of GORP and report status to Group (for instance via the monthly Service Resilience Forum) and to LCH SA Senior Management as needed.</li><li>Leverage on governance and oversight of transversal activities relating to operational resilience (such as IBS Resilience Working Group, Digital Operational Resilience testing program &amp; Strategy).</li><li>Contribute to Business Continuity Management improvements.</li><li>Ensure coordination with Group, Post Trade/Markets Division and Second Line Risk regarding GORP topics. </li><li>Ensure appropriate contribution and validation of partners, in particular for:</li><li>Service Importance assessment and Service Mapping (lead and coordinate the review of Internal services – IS and Important Business Services – IBS mapping in BlueWorks).</li><li>Impact Tolerance – ITOL (Coordinate setting of IBS Impact Tolerance Statement).</li><li>Vulnerability assessments – VA (identify relevant operational resilience metrics to base VA by IBS, ensure VA reporting is consistent with existing operational resilience reports.</li><li>Scenario Testing (rely on DOR Testing to ensure extreme but plausible scenario for IBS are being tested, contribute to improvements with SMEs and Operational Resilience Coordinator Lead).</li><li>Operational Resilience self-assessment – ORSA (annual attestation on IBSs operational resilience: lead redaction of document, coordinate contributions and reviews before governance validations).</li></ul><p></p><p><b>Develop and manage main partnerships with:  </b> </p><ul><li>Partners from SLR with respect to frameworks and risk management.</li><li>COOs of Business Lines to ensure good business awareness and accountability.</li><li>SMEs and Risk owners within Business Lines (for active contribution in Operational resilience frameworks implementation).</li><li>Heads