Risk Advisory Business Partner-Operational Risk

Group Overview 

The TP ICAP Group is a world leading provider of market infrastructure. 

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.  

Through our people and technology, we connect clients to superior liquidity and data solutions. 

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. 

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist. 

Role Overview 

A Risk Advisory Business Partner works closely with the business units to identify, assess, and mitigate operational and financial risks. They integrate risk management into strategic and change management initiatives, ensuring alignment with business objectives. Additionally, they provide expert advice and support in mitigating and managing risk exposure in a commercial way, deliver meaningful analysis and reporting to both the business and senior management, ensure compliance with the risk framework and business continuity management requirements, and conduct training to enhance risk awareness and competency across the organization. 

Role Responsibilities 

 Risk Identification and Assessment  

• Collaborate with the business to identify and assess its material risks from business as usual activity, emerging risks, strategic and change initiatives, etc., ensuring they are understood as part of commercial and decision making activity. 

• Support the business as it undertakes risk assessment activity (e.g. Risk and Control Self-Assessment, Top Down Risk Assessment, Scenario Analysis, Root Cause Analysis, etc.,) and leverage expertise to challenge the business’s logic/assumptions to ensure the assessments are thorough and complete 

Risk Appetite  

• Work proactively with the business to define the Group’s risk appetite (including risk appetite thresholds and key risk indicator (KRI) metrics/thresholds), ensuring it is appropriate in relation to the business’s activity and risk profile.  

• Review the business risk profile against risk appetite and work with the business to  identify appropriate actions to address risks that fall outside appetite. 

Strategic Risk & Change Management 

• Partner with the business to identify, assess, and manage risks that could potentially hinder the achievement of its long-t