Associate / Associate Director, Operational Risk and Control (FTC - 6 Months)

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton's extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton's value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long term value through transparent partnerships.

Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally. ( As of 30th September 2025. Defined as capital committed since inception)

Further information is available at . Follow Pemberton on LinkedIn here.

Level: Associate / Associate Director

Functional Title: Associate / Associate Director, Operational Risk and Control (FTC)

Location: London

Role Relationships

• Reports directly to the Head of Risk, London.
• Works closely with:
  • Members of the Risk and Compliance team (London and Luxembourg)
  • 1st Line business control owners across the group
  • Technology team

Role Specification

Core Responsibilities

Control Report - ISAE3402 Type 1 and Type 1 Support

• Assist in the design and execution of the Control assurance report for our investors, including gathering and aligning relevant key risk/control data, developing robust evidence log, providing guidance and challenge to business owners, and supporting the development of Management assertions.
• Help maintain and update assurance logs and follow up on outstanding actions.

Risk Oversight and Remediation

• Monitoring and reporting of key risk remediation progress.
• Support risk and control design and effectiveness reviews of inherent high-risk processes.
• Third party risk management continual improvements.
• Change risk.

Risk and Control Data

• Beyond ISAE3402 support maturity initiatives in aligning all risk and control data for Risk events (errors), Assessments, Third party risks, and Operational Resilience against common taxonomies.
• Support design and development of GRC (Risk and control system) capabilities.

Operational Risk Framework

• Continual development of operational risk guidance and education e.g. RCSA, Change Risk and Risk Issue approaches.
• Control Assurance methodologies for ISAE3402 embedding.

Additional Responsibilities

Additional responsibilities will include but not be limited to the following:

• Support the implementation and updating of related Risk management policies and procedures as directed e.g. Risk Appetite, KRI development.
• Support the production of Risk reports.
• Help coordinate responses to internal and external audit requests.

Risk and ESG Responsibilities

In performing regulated and unregulated activities for the firm, the Operational Risk and Control AD will follow the firm's conduct rules:

• Act with integrity.
• Act with due care, skill, and diligence.
• Open and cooperative with the regulators.
• Pay due regard to the interests of customers and treat them fairly.
• Observe proper standards of market conduct.
• Ensure all Compliance activity takes into consideration ESG factors to maximise corporate sustainability and support the firm's diversity and inclusion objectives.

Person Specification

Work Experience & Qualifications

• Ideally 6+ years' exposure to Operational risk in financial services preferably including experience in private finance and/or asset management.
• Strong experience in Operational Risk methodologies and their deployment through guidance and training, including but not limited to:
  • Risk Identification and Risk Event management
  • Risk and Control Self-Assessment
  • Control assurance
  • Risk Issue and Action Management