Risk and Control Manager - Insurance / Reinsurance
Risk and Control Manager * Financial Services * Insurance / Reinsurance * City of London * Permanent * c. £70,000 p.a. plus bonus and benefits * Hybrid Working *
Risk and Control Manager is required for a highly successful insurance company to join the risk and compliance team, reporting into the Chief Risk and Compliance Officer. This is a fantastic opportunity to work for a growing, ambitious company who work hard to retain a positive family feel within the business.
This is a permanent position, working on a hybrid basis 3 in the office and 2 days from home. In reward you will be paid a salary of £70,000 p.a. plus bonus and benefits.
The successful must have:
Significant experience in Operational Risk is ESSENTIAL and experience in financial services. Degree in analytical or quantitative discipline (law, economics and statistics) Strong understanding of Operation Risk Management framework tools including control Assessments, Scenario Analysis, Events Review etc. Experience within insurance/reinsurance market would also be highly beneficial. Robust understanding of construction of an effective control environment. Strong analytical, quantitative, and reporting skills. Experience of managing a small team.
Risk and Control Manager duties include:
Maintaining an effective Risk Management framework and associated policies Maintaining an effective Internal framework and policy Driving and promoting a strong Risk Management and Internal Central culture. Independently assess risk and drive action to address the root causes working closely with the business, support functions and risk registers. Supervising the Internal Control Officer on designing the internal control framework. Monitoring Risk Management effectiveness through investigation of operational issues and assurance of critical controls. Providing 2nd line Risk Management and Internal Control oversight and challenge on adherence to the operational risk management and internal control frameworks across the business including but not limited to US, France, UK and Asia. Driving continuous improvement by ensuring management actions in response to emerging risks, key risk themes, incidents and issues and control failures are appropriate. Managing the Fraud and Third-Party Risk frameworks.
If you have the above skills and experience and want to learn more about this position, then please apply via the job board for consideration.