Focused in the Life industry, this firm has been established for over 100 years and is going through an integration project, leading to require extra specialist compliance expertise for the management of key deliverables during this period of transition.
This role supports the fulfilment of the Function’s mission, which is to provide assurance of an effective Risk Management System and Line 2 oversight of all material risks carried by UK, and in doing so to contribute to the achievement of its business objectives for its customers and shareholder.
Specifically, this role has general responsibilities for the oversight and reporting of the management of operational risk, with deeper responsibilities for the challenging of the business’s management of operational resilience, cyber risk, and third-party risk management. The role:
Line 2 oversight, analysis, assessment (including the Risk Plan) and reporting of operational risks and related risk appetites carried by UK
Line 2 oversight of the Operational Resilience programme as it progresses to maturity, and effective partnering with Line 1 to derive effective solutions as required
Line 2 oversight of cyber risk profile, and effective partnering with UK IT/Cyber Line 1 in deriving risk mitigations and developing cyber risk appetite as required
Line 2 oversight of the Third-Party Risk Management framework and compliance with the policy
Support to the Line 2 assessment of regulatory change related to operational risks
What we are looking for:
Great communicator, written and verbally, to a wide range of stakeholders including senior management
Able to take complex data and information from subject matter experts, assimilate, question, and understand it, and summarise and present it in a format suitable for the audience
Inquisitive and Analytical, being able to look beyond the initial view and seek out the 2nd and 3rd order issues
Recent application of one or more of the following disciplines related to operational risk management:
UK Regulations as set out by the Financial Conduct Authority
UK Regulations as set out by the Prudential Regulation Authority
Credible experience of managing operational risk including but not limited to third party management, cyber risk, and operational resilience programmes
Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.