Operational Risk Consultant

3 weeks ago

London, United Kingdom Legal & General Investment Management Full time

Reference
- VN-25283Role Type
- PermanentLocation
- London, Cardiff, Hove or SolihullSalary
- Competitive salary, bonus and benefitsClosing Date
- 17 April 2023Your role at a glance
- We are currently recruiting an Operational Risk Consultant to join our team.In this role, you will analyse and report on the management of operational risks within L&G Retail.

You will also collaborate effectively with business managers, process and control owners by providing guidance and support, challenging where necessary to influence effective internal controls, timely and proportionate responses to significant control issues and risk events, and optimised data quality in support of operational risk management activities.

What you'll be doing
- Supporting the development and embedding of the operational risk management and internal control framework across L&G Retail, with a focus on the Group Operational Risk Policy (and associated policies and frameworks), ensuring that sufficient emphasis is given to the fair treatment of customers.
- Supporting business stakeholders with Risk & Control Self-Assessment (RCSA) processes, challenging the adequacy (accuracy and completeness) of risk maps maintained on OneSumX.
- Overseeing the management of operational risks across L&G Retail and support the efficient delivery of timely and accurate risk reporting, challenging as appropriate.
- Supporting the delivery of risk-based Spotlight Reviews and associated reports, making recommendations to business management to address any material concerns identified.
- Supporting product development (Product Lifecycle Management) and transformation/change initiatives across L&G Retail to ensure that material operational risks are identified and mitigated.
- Providing guidance on the risk management and internal control framework and key risks systems, as required.

What we're looking for
- Degree level or equivalent relevant experience in a similar role is desirable
- A relevant risk management qualification such as IOR or IRM is desirable.
- A good understanding of the financial services industry, including insurance, asset management, pensions and mortgage products.
- Sound experience in financial services risk management is desirable.
- Strong influencing and presentation skills

**Benefits**:

- When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street stores and online offerings.

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