As Operational Risk Manager for my client a Property and Casualty Insurer, support the Head of Americas Operational Risk Management (ORM) in the design, implementation and maintenance of the strategic, global ORM framework. Ensure the ORM objectives are realized as they pertain to risk event capture, key indicators, and risk and control self assessments (RCSA), and other ORM framework components, and the ORM standards are consistently applied across the region. Promote a proactive risk culture.
: Serve as a key point of contact for operational risk for all business and functional areas. Promote a culture of risk transparency and business unit-level ownership and accountability over operational risks and control environments.
: Assist with the monitoring and reporting of operational risk profiles, significant risk management and control deficiencies, and material exposures to losses. Collect and analyze metrics in order to monitor and assess the region's operational risk level.
: Plan, manage and conduct operational risk assessments. Provide an independent, objective view of operational risk and control self assessments and mitigation strategies.
: Deliver proactive identification and interpretation of operational risk issues, risk trends, control deficiencies, and developments (internal/external including emerging risks and issues). Understand the key controls for managing these risks, the effectiveness of the controls, mitigation strategies and recommend appropriate courses of action.
: Work with the business and functional areas to design and implement operational risk solutions that mitigate risks and enable business. Provide structured processes, tools, and assistance to business and functional areas to capture, identify, evaluate, respond to, and report on risk issues.
: Manage and maintain ORM enablement tools (e.g., SharePoint, GRC system).
: Communicate to senior management via written reports and verbal presentations to management. Prepare monthly, quarterly and on-demand reports on the company's Operational Risk profiles and trends, enabling leaders to identify weaknesses and take appropriate actions for all its products and services.
: integrate, as appropriate, other assurance initiative programs (e.g. Internal Audit, SOX, Compliance, BCM, Vendor Management, etc.) and agendas to establish a strong risk and compliance environment while leveraging and minimizing duplication of efforts.
: Ensure continued compliance with evolving regulatory and industry standards and expectations.
: Demonstrable experience and understanding of an ORM framework.
: Minimum 5 years of Operational Risk (or related) experience.
: Bachelor's degree or equivalent required.
: Strong working knowledge and familiarity of the financial services industry. Insurance experience a plus.
: Ability to work collaboratively as part of a geographically dispersed team.
: Ability to work closely with peers and build strong partnerships with key stakeholders.
: Strong organizational, project management and multi-tasking skills.
: Work effectively independently and in a team environment.
: Strong, broad-based communication skills. Ability to facilitate discussions and assessments at varied levels of the organization..
: Travel required
Contact: Barry Franklin Integrated Management Resources 480 460 4422 Barry@integratedmgmt.com
Integrated Management Resources, LLC - 17 months ago