Leading Risk Management Specialist

This is an exciting opportunity to take on a leadership role within our organization. As Head of Risk, you will play a pivotal part in overseeing the risk management function, ensuring that our business objectives and regulatory requirements are met.

The Head of Risk will be responsible for managing the Enterprise Risk Management Function (PCF-14) to meet the needs of the business, regulators, rating agencies, and policyholders. This includes membership of the TIDAC Board Risk Committee, TIDAC Management Committee, Deputy Chair of the ERC, and other forums as instructed to lead development of the risk management framework.

• Holds overall responsibility for the Enterprise Risk Management Function (PCF-14) to meet the needs of the business, regulators, rating agencies and policyholders.
• Membership of the TIDAC Board Risk Committee, TIDAC Management Committee, Deputy Chair of the ERC and other forums as instructed to lead development of the risk management framework.
• Own and maintain the TIDAC ORSA, TIDAC Recovery Plan, TIDAC Risk Book and other important risk documentation ensuring it meets requirements.
• Proactively identify, manage and mitigate principal risks and ensure risk events are escalated and reported in line with requirements in the Risk Management Framework.
• Maintain current knowledge of regulatory requirements on all risk issues (financial and non-financial), advise the business on the effects of implementation and offer recommendations on optimising the business response.
• Lead / participate in external committees, representing Travelers at external forums in Ireland.
• Facilitate the TRVE Risk and Control Self-Assessment (RCSA) process in TIDAC including maintenance of the risk appetite dashboard and maintenance of Solvency II documentation
• Manage the TIDAC Own Risk Solvency Assessment (ORSA) process
• Manage capital analysis of Operational risk in conjunction with the Capital Management Team. Assist in development of risk modelling, validation techniques and inputs
• Ensure that regulatory expectations and requirements are satisfied with detailed knowledge of the Central Bank of Ireland's (CBI) requirements.

As the successful candidate, you will have a thorough understanding of risk management methods (financial and non-financial) and best practices in Ireland. You will also possess advanced knowledge of general regulatory requirements as they relate to business lines supported.

• Thorough knowledge of risk management methods (financial and non-financial) and best practices in Ireland.
• Advanced knowledge of general regulatory requirements as they relate to business lines supported.
• Intermediate knowledge of corporate structure, as well as a particular business units products and procedures.
• Advanced ability to concisely present complex regulatory issues. Advanced ability to understand, synthesize and convey complex data. Advanced verbal and written communication skills.
• Advanced ability to negotiate skillfully and successfully.
• Advanced ability to prioritise and multi-task duties and projects on a timely basis. Has an advanced level of credibility, reliability and availability both within and outside the organization.

As a valued member of our team, you can look forward to a comprehensive benefits package, including private medical insurance, retirement plan contributions, holiday entitlement, and wellness programme. We also encourage volunteering and offer a matching gift and volunteer rewards programme.

We are an equal opportunities employer, committed to fostering a diverse and inclusive work environment. If you require any reasonable adjustments during the recruitment process, please do not hesitate to contact us.