I am seeking a motivated professional to become a member of the Operational Risk team at a prominent firm within the London Insurance Market, directly reporting to the Head of Operational Risk. This essential position involves collaborating with senior stakeholders, overseeing the Operational Risk framework, and contributing to the establishment of uniform risk practices across a global organisation.
Candidates must possess experience in Operational Risk and the UK insurance sector.
Key responsibilities:
1. Formulating and executing a thorough Operational Risk strategy and annual plan.
2. Creating and integrating a well-defined Operational Risk appetite framework, ensuring its incorporation into decision-making processes.
3. Leading the identification, assessment, and mitigation of risks while maintaining a comprehensive understanding of the organization's risk exposure.
4. Working alongside business functions to monitor risks and provide guidance on mitigation strategies, particularly for new initiatives.
5. Developing and refining Governance, Risk, and Compliance (GRC) tools and processes.
6. Generating insightful Operational Risk reports for the Board, senior management, and regulatory bodies.
7. Promoting effective risk governance through committees and established frameworks.
8. Advocating for a robust risk culture throughout the organization.
This opportunity offers a significant role in enhancing risk resilience and ensuring regulatory compliance.
For further details, please contact: Tanveer.ali@arthur.co.uk