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As a detail-oriented Operational Risk Manager, you will contribute to the effective implementation of our risk management framework and internal control systems. The successful candidate will support the Chief Risk Officer, Operational Risk Officer, and Senior Risk Manager in managing operational, investment, and underwriting risks.
Risk Identification- Comprehensive identification and assessment of risks in accordance with Solvency II and CAA standards.
- Contribute to issue risk opinions on significant business and operational developments.
- Implementation of the risk management framework at the level of operational policies, processes, and procedures, according to CAA risk management standards.
- Maintenance of an effective and proportionate internal control framework for preventing, detecting operational incidents and/or excessive risk taking.
- Effective implementation of the Risk Appetite framework and control that the agreed tolerances are adhered to.
- Recommendations to the 1st line to strengthen the control environment.
- Ensure a fast and efficient response from the 1st line to operational incidents.
- Track and monitor progress on remediation actions.
- Report outstanding operational incidents to the management and governance bodies as agreed with the Chief Risk Officer.
- Report on risk management activities to the management and governance bodies.
- Collect and report internal controls of both internal and outsourced activities to the management and governance bodies.
- Maintain and constantly improve the depth and relevance of the risk dashboard.
