Head of IDT Controls and Governance

Job title:

Head of IDT Controls and Governance

Company

Jaguar Land Rover

Job description

POSITION: Head of IDT Controls and GovernancePOSTING END DATE: 04/08/2024LOCATION: Gaydon, Warwickshire (UK)SALARY: CompetitiveJLR is reimagining the future of modern luxury by design through our distinct British brands. Our purpose is to ‘Live the Exceptional with Soul’ by being the proud creators of modern luxury and being guided by a set of behaviours we call our Creators’ Code: Customer Love; Unity; Integrity; Growth; Impact.WHAT TO EXPECTReporting to the IDT Office Director, this role leads and facilitates governance for the IDT chapter.This will include ensuring appropriate governance, risk and controls are maintained to meet the departments commitments to UK Statutory Financial Audit, SWIFT, development of UK Corporate Reform requirements and all other applicable regulatory and statutory requirements. This will be underpinned through the IDT Controls and Management System (ICMS).THE ROLEKey Responsibilities

• Leads change to people, process and technology to ensure the ongoing maturity and compliance of the ICMS.
• Leads and manages the annual JLR regulatory programmes over JLR IDT reliance for UK Statutory Financial Reporting (SOx), India Companies Act (where applicable), Data Privacy (GDPR) and SWIFT and UK Corporate Reform.
• Manage IDT GDPR requirements to ensure compliance with Privacy by default & design processes.
• Manage JLR TBEM and ITAF audits to successful outcomes.
• Provides strategic direction and thought leadership in risk management activities and execution ensuring JLR maintains an effective risk posture.
• Responsible for managing SOC 1 and SOC 2 related projects for key capability providers. This will include building and maintaining of relationships to ensure successful scoping delivery and review of SOC 1 and SOC 2 reports.
• Influencing stakeholders across the Enterprise, IDT and board members to drive effective risk management and control strategies.
• Maintaining the Bill of Design to embed an AGILE managed risk culture.
• Support the CIO Director in establishing and maturing an effective IDT risk management culture.
• Monitors regulatory or statutory changes relating to JLR and IDT and implements effective measures to achieve compliance.
• Plan, manage and lead frameworks that ensure the ongoing design and operational effectiveness of IDT controls, identification and reporting of noncompliance and remediator activity to resolve control issues.
• Oversee follow ups of audit reports to establish whether appropriate remediation action was taken, document and report in the results of the review.
• Plan, manage and oversee the execution of assurance activity to identify and report on the IDT risk position.
• Develop and mentor Line 1 colleagues/ team to mature risk and compliance initiatives of IDT.
• Manages the relationship between with our Auditors and other assurance partners across Lines 1,2 and 3.
• Development and deployment of processes and procedures and managing changes thereof.
• Act as the principal lead in managing IDT 2nd Line of defence whilst working in partnership across the 3 Lines of defence to ensure appropriate risk and control frameworks are designed and embedded to manage the JLR technology risk appetite
• Undertake any other work as directed by their line manager in connection with their job as may be requested from time to time.

Key Performance Indicators

• Completion rate of RCSA processes in support of embedding and maturing ICMS.
• Completion of the UK Financial Statutory Audit avoiding Significant Deficiencies or Material Weaknesses over IDT controls.
• Timely and successful completion of the annual SWIFT compliance audit.
• Effective IDT compliance against GDPR default & design processes.
• Frequency and quality of key stakeholder engagements.
• Successful and timely delivery of SOC 1 and SOC 2 reports.
• Timely completion and quality of TBEM and ITAF assurance.

Key Interactions

• Senior Leadership and management in key functions and Chapters (IDT horizontals, Business Assurance, Legal & Compliance) and other TATA entities (TML, TCS, GCT and TTL)
• JLR’s external auditor and other external assurance providers.
• Second Line of Defence Teams as required.
• Risk & Control Owners.

WHAT YOU’LL NEEDEssential Knowledge, Skills and Experience

• Prior experience of leading and delivering SOx (UK Financial Reporting) Compliance programmes.
• Experience of SOC 1 & SOC 2 process and controls (both design, review and report).
• Ability to identify and implement key controls to maintain IDT Enterprise risk.
• Experience is identifying key risks/ controls, performing process walkthroughs, testing for key controls and monitoring effectiveness and reporting results.
• Experience of writing risk assessments for independent evaluation by external assurance providers.
• Knowledge of GDPR and controls applicable to IDT.
• Experience if managing and evaluating Risk and Control Self-Assessment processes.
• Strong stakeholder management skills.
• Knowledge of governing SAP environments and implementing assurance frameworks.
• Ability to work independently and proactively, taking full ownership and responsibility for own work; fully invested in achieving a successful result.
• You view things as a team rather than individual project level, considering the wider team needs.
• Strong interpersonal/communication skills, including ability to manage/lead/support xxx relationships and communicate effectively at all levels.
• Good influencing skills.
• Previous experience and background of Sox and IT Governance accompanied with a proven track record of successful delivery of implementing, managing and delivering positive assurance outcomes.
• Relevant degree or equivalent experience preferred / Relevant apprenticeship or equivalent experience preferred.

Desirable Knowledge, Skills and Experience

• Experience of performing programme assurance activity and the impacts to regulatory Financial Reporting Audits.
• Experience of operationalising governance through the implementation Privileged Access Management systems (PAM).
• Big 4 experience.
• CISA and CRISC qualification.

Personal Profile

• Demonstrates our Creators’ Code behaviours of Customer Love, Unity, Integrity, Growth and Impact
• Continually working hard to deliver a modern luxury experience to earn and keep our customers’ trust and loyalty
• Embracing differences, being empathetic, welcoming challenges together empowering each other to deliver
• Building trust by speaking openly and honestly, listening attentively, and treating others respectfully. Taking initiative and using failure as an opportunity to learn. We develop by giving + seeking honest feedback. Making a difference through our results. We innovate and never lose sight of what we want to achieve
• An individual with the ability to challenge existing thinking in a positive way whilst building credibility and trust through experience and personal style
• A determined individual, highly driven, committed and results-orientated who works with pace, energy and confidence
• An individual who is able to apply analytical rigour to develop and drive well thought out operational plans, collaborate across functions and combine a short term, pragmatic focus with strategic vision
• An individual who is resilient, energetic and enthusiastic, responds constructively to new ideas and input in a changing business environment
• An individual who is able to challenge existing thinking in a positive way whilst building credibility and trust through experience and personal style
• A sophisticated communicator who is able to communicate directly, clearly and openly · An individual who can demonstrate good capability in leadership and management skills, who can motivate, develop and lead functional and cross-functional teams
• An individual who is comfortable challenging all stakeholders with strong influencing and engagement skill

#WEAREJLRAt JLR, we are passionate about our people. They are at the heart of our business. We are committed to fostering a diverse, inclusive culture that is representative of our global customers and the society in which we live; a culture in which every one of our employees can bring their authentic self to work and reach their full potential.You will find the opportunities to further your career with a world-class team, access to select two of our luxury premium vehicles to lease at an extremely favourable cost compared to traditional company car lease schemes, membership of a competitive pension plan, private medical cover (which includes travel insurance) and performance related bonus scheme. All this and more makes JLR the perfect place to continue your journey.This role may offer the opportunity for hybrid working where you can split your time between working from home and in the office. At JLR, hybrid working is a voluntary, non-contractual arrangement providing employees with more choice and flexibility around how, when and where they work, if suitable for their role. Further details can be discussed with the Hiring Manager at interview stage.#WEAREJLRAt JLR we are passionate about our people. They are at the heart of our business. We are committed to fostering a diverse, inclusive culture that is representative of our global customers and the society in which we live; a culture in which every one of our employees can bring their authentic self to work, and reach their full potential.OUR RECRUITMENT PROCESSFind out what to expect at each stage of the process along with some hints and tips.INSIDE JLRFind out more about working here in our JLR Life Blog:WHAT WE OFFERWe look after our employees by offering a host of benefits and investing in their talent through award-winning training

Expected salary

Location

Gaydon, Warwickshire

Job date

Wed, 24 Jul 2024 22:58:22 GMT

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