Operational Risk Manager
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Exciting opportunity to join a newly established team
Operational Risk Manager role
About Our Client
Our client who are recruiting for an Operational Risk Manager - Insurance are a high profile organisation in the Insurance industry.
Job Description
The Operational Risk Manager -Insurance will be responsible for:
- Enhancing the framework to identify, assess and monitor the operational
risks faced, principally people, process, systems and external risks arising
from activities. - Providing robust risk oversight and challenge to the functions responsible for
managing operational risks, making recommendations for improvements in the control
environment where necessary. Maintain ongoing monitoring of the key current and
emerging operational risks - Support / lead strategic, thematic reviews of key risk areas, reporting conclusions to the
senior management where required. Support response to regulatory
engagement on operational risks, including those in relation to overall market resilience. - Working with executive management, ensure the operational resilience
remains within the risk appetite of the Franchise Board and remains able to
deliver core services and regulatory responsibilities - Providing regular reporting to management and relevant governance forums as required,
including the Risk Committee. Attend and actively participate in relevant management
and risk governance forums and project meetings
Risk Management - Providing expertise and leadership within the Operational Risk team, in accordance with
the responsibilities delegated by the Head of Operational Risk - To respond with agility to requests (e.g. ad hoc projects) from the Chief Risk Officer
The Successful Applicant
The Operational Risk Manager - Insurance should have the following skills:
- The candidate should have experience working in an Operational Risk Management team in the
insurance / financial services industry (insurance industry experience would be valuable)
- Be able to articulate an excellent level of understanding of Risk Management practices at interview
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The successful candidate will be required to play a key role towards delivery of the operational
risk framework and the broader Risk Management plan, ensuring that the operational risks
are effectively identified, assessed, managed and monitored within the appetite set by the Board.
What's on Offer
Salary of £70k-£85k plus attractive benefits package