Operational Risk Manager

Fairways Hotel; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking an Operational Risk Manager to oversee compliance within its Operational Risk and Quality Assurance Frameworks. This role involves ensuring risks are identified and mitigated effectively while producing high-quality reports for senior management. The ideal candidate will have a strong background in operational risk within the insurance sector, excellent communication skills, and a proactive approach to problem-solving. Join a dynamic team and contribute to the development of innovative risk management strategies in a supportive environment.

Qualifications

• Advanced understanding of operational risk in insurance or financial services.
• Proven experience with QA/QC and outsourcing.

Responsibilities

• Provide oversight of operational risk to ensure it is identified and mitigated.
• Support development and implementation of the Quality Assurance Framework.

Skills

Operational Risk Management

Quality Assurance

Governance

Leadership

Communication Skills

Education

Degree in Finance or Related Field

Job description

AmTrust is a global insurance provider offering risk-management solutions and business underwriting. Today AmTrust International underwrites over $2.5bn of gross written premiums and employs more than 1900 people in 14 countries.

Description

We are now recruiting for an Operational Risk Manager to join our team on permanent basis based out of either our Dublin, London or Nottingham office.

Reporting to the Head of Risk & Resilience, this role will have full oversight of the business’s compliance within its Operational Risk and Quality Assurance Frameworks. Reporting on business adherence and ensuring appropriate frameworks and KPIs are in place to measure as well as to Monitor and escalate risks relating to breaches of process coming out of Quality Assurance Reports.

Essential functions of this role will include but are not limited to:

• Provide adequate oversight of operational risk in the first line, to ensure operational risk is appropriately identified and mitigated, ensuring it remains within risk appetite
• Help build and maintain an effective operational risk management approach, policies and procedures, and ongoing development.
• Support the development and implementation of the Quality Assurance Framework and supporting processes across ASL & AIU leading a risk based approach.
• Produce high quality reports for the Executive Management Team, Risk Committee and Board of Directors.
• Leading RCSAs renewal and ongoing risk changes.

To be successful in this role you will need to have an advanced understanding of operational risk within Insurance or wider financial services. Proven experience with QA/QC and outsourcing will also be advantageous as will a background in governance and/or L&D. An ability in taking initiative and producing results in a challenging and technical environment and previous experience leading a team is key. The right candidate will possess strong organisational skills and be an effective communicator – both written and verbal, with an interest in being able to bring new and effective ways of working to the wider business.

Interested? Apply now and let us tell you more!

AmTrust International is an Equal Opportunity Employer