Business Controls, Associate Director

S&P Global
Houston, USA
26 Jul 2022
20 Aug 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Team:

The mission of the Business Controls team is to manage and monitor risk across the organization and support the S&P Global Commodity Insights strategy efficiently and transparently through high quality in business risk and control capabilities. Its vision is to have a connected organization that is highly respected for operational excellence through risk management in support of business decision making and strategic execution at S&P Global Commodity Insights.

The Impact:
This is a senior role will within the Business Controls team which assess operational risk and the adequacy of controls, protecting the business and providing sound 1st line governance, and driving continuous improvement. The position will use a variety of measures to assess risk, working closely with the CI Risk Director and senior partners in Business Lines and Shared Capabilities, helping to improve transparency and drive strategic change within the organization for their focal controls area.

What's in it for you:

This role will deliver across key activities such as:
• Continually assessing and improving the controls environment using risk management tools / structures, and through leadership and influence.
• Exposure to Commodity Insights business globally, giving the individual exposure and understanding of all business processes.
• Interaction with teams across Legal, Risk, Compliance, Operations, Commercial and Business Lines enabling the individual to manage an established network as a trusted expert and agent for change, in risks and controls.
• Working closely with peers across other S&P Global Divisions sharing best practices and building upon the existing network.
• Directly supporting the build out of the future strategy for Business Controls within Commodity Insights to reduce risk and operate more effectively providing your OpCo member/s with transparency around risk and controls management.

• Directly supports the strategy and execution on 1st line operational risk and controls in partnership with the 2nd line of defense and CI leadership.
• Providing input and aligning the priorities of the 2nd and 3rd lines of defense. Within the framework executing and constantly improving risk & controls.
• Manage and maintain effective governance of operational risk, and coordinate and run risk assessments, KRI identification, monitoring and reporting, issue management and all other risk management processes.
• Support the execution of the Commodity Insight Top Risk Profile with planning and interviews of OpCo and business leads.
• Act as a key liaison point between functions critical for governance execution. Manage communication with key stakeholders so that they are well informed and engaged in Controls related activities.
• Work with Senior Leaders to support problem solving. Drive solutions to deliver effectively, efficiently, and quickly within the ERM framework, risk and regulated environment.
• Work with Control partners and leaders across the division to ensure that there is a clear roadmap for any regulatory and policy changes (such as new Privacy regulation) and that we have a strong plan for execution, with clear ownership.
• Partner with the Head of relevant business line/s to continue to shape and run Governance Committee/s, to ensure that they include high-quality risk conversations with valuable outcomes.
• Partner with leaders throughout Internal Audit reviews, bringing controls expertise into the process, and ensuring that Management Action Plans are developed and executed.
• Where needed, support other team members across BCQ, such as Controls Assurance, being an active member of a strong and supportive BCQ team.
• Form part of an engaged, supportive and high performing team that has the skills, processes and drive to proactively identify operational risks, and that partners with the business to design strong controls, also executing with discipline on business controls related projects.

What We're Looking For:

Required Qualifications:
• Experience in business controls or risk management is essential. You must be able to define and implement operational excellence and work across time zones in a distributed global team. Understanding regional, cultural, and operating environment differences is essential to developing an effective global approach.
• Undergraduate degree required; MBA, CFA (equivalent) or Graduate Degree preferred.
• 7-10 years of relevant experience and knowledge of sound practices relating to LEAN controls design and implementing an effective system of internal controls. The role would benefit from an understanding of S&P Global Commodity Insights business, with experience working across multiple functions. You must be able to engage effectively and credibly with an senior audience.
• Ability to influence and develop strong partnerships with senior leaders in other risk and control functions including Compliance, Internal and External Audit, ERM, Legal.
• Able to convey risk topics, including progress of remediation efforts, statuses of issues, etc. to varied audiences (e.g., Business Leaders, OpCo, Regulators, etc.) with precision and simplicity.
• Ability to critically think and frame key risk and business issues and provide context.
• Strong communication and stakeholder management skills.
• Strong judgement / pragmatic approach to risk and business controls with the ability to frame and drive balanced decisions.
• Strong lean / agile mindset.

Preferred Qualifications:
• Operational Risk Management Professional Qualifications e.g., PRMIA, ABA, IOR
• Experience with or exposure to Risk Management Standards such as ISO 31000 or COSO.
• Experience interacting with regulators (e.g., FCA, AFM, Federal Reserve, CFTC or OCC)

About S&P Global Commodity Insights and S&P Global

S&P Global is the world's foremost provider of ratings, benchmark and analytics in the global capital and commodity markets. Its division includes S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, S&P Global Mobility, S&P Global Engineering Solutions and S&P Global Commodity Insights. Together, we're the foremost providers of essential intelligence for the capital and commodities markets.

• We are looking for world-class thinkers to join our team at S&P Global Commodity Insights, the principal provider of commodity price assessment and information to more than 10,000 customers in 150 countries. The content you generate and the relationships you build are essential to the markets.
• Our real-time news, pricing and analytical services help markets operate with transparency and efficiency.
• Be part of a global company with a strong history of growth and a globally diverse workforce with 20 offices spanning five continents.
• Be known as a respected source of essential information and part of a renowned brand.
• Get the best of both worlds: a nimble, highly specialized company and a business casual culture with the benefits and backing of S&P Global - a company that fosters development and growth, as well as work-life balance.

Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $112,750 to $151,327. Base salary ranges may vary by geographic location and commensurate with experience.
In addition to base compensation, this role is eligible for an annual incentive plan.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit .


Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please send an email to: and your request will be forwarded to the appropriate person.

US Candidates Only: The EEO is the Law Poster describes discrimination protections under federal law.


202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT202.2 - Middle Professional Tier II (EEO Job Group)

Job ID: 274412
Posted On: 2022-07-25
Location: Houston, Texas, United States
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