Operational Risk Manager

Arthur Recruitment; Greater London; On-site; USD 80,299 - 133,833; Full time

Job summary

An established industry player in the insurance sector is seeking an Operational Risk Manager to enhance their risk framework and ensure regulatory compliance. This pivotal role involves collaborating with senior stakeholders to shape risk strategy across the UK and Europe. You will lead risk reporting, support governance processes, and ensure compliance with critical regulations. If you have a proven background in operational risk, internal controls, and UK insurance, this is a fantastic opportunity to make a significant impact in a dynamic environment.

Qualifications

• Proven experience in operational risk and internal controls.
• Strong stakeholder management skills and UK insurance experience.

Responsibilities

• Develop and implement the Operational Risk strategy for UK & Europe.
• Lead risk reporting to senior management and regulators.
• Ensure compliance with key regulations and enhance the risk framework.

Skills

Operational Risk Management

Internal Controls

Incident Reporting

Stakeholder Management

Regulatory Frameworks Knowledge

UK Insurance Experience

Job description

I have partnered with a global specialty insurance business to find an Operational Risk Manager to join their team. This is a key role in the second line of defence, working closely with senior stakeholders to manage and enhance the Operational Risk framework while ensuring regulatory compliance.

This is an exciting opportunity to shape risk strategy within a leading global insurer.

Key Responsibilities:

1. Develop and implement the Operational Risk strategy for UK & Europe.
2. Maintain and enhance the risk framework, ensuring effective risk identification, monitoring, and mitigation.
3. Lead risk reporting to senior management, committees, and regulators.
4. Support governance processes, facilitating risk committee operations and advising on key risk issues.
5. Ensure compliance with key regulations, including Operational Resilience and Third-Party Risk Management.

Skills & Experience:

1. Proven experience in operational risk, internal controls, and incident reporting.
2. Knowledge of regulatory frameworks.
3. Excellent stakeholder management and the ability to present to senior leadership.
4. UK Insurance experience is a MUST.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other, Strategy/Planning, and Management

Industries

Insurance