Risk Oversight Executive
1 month ago
Operational Risk Manager
About UsDirect Line Insurance Group plc is a leading provider of insurance products and services. We combine decades of industry experience with talented people in every field to deliver exceptional results.
Job SummaryThis exciting role offers the opportunity to support the Head of Business Risk in providing effective group oversight of operational risk and internal control management.
Key Responsibilities- Provide oversight of Operational Risk, through review and challenge of business area risk profiles, Key Risk Indicators, management actions and responses to Events.
- Feed into the assessment and monitoring of the Group's overarching Risk Profile, against Risk Appetite, taking into consideration internal and external developments and trends.
- Mature Risk Appetite application, through rationalising and enhancing directorate risk and control assessment activities, including KPI/KRI/KCI usage, through appropriate and consistent methodologies, models, and systems.
- Identify risk management digitisation/automation opportunities.
- Work collaboratively with 1LOD management and ensure that, where risks are outside appetite, action plans are in place to enable a return to appetite within suitable timescales and are adequately monitored through effective governance structures.
- Help to identify areas that may require formal Risk Assurance and feed suggestions into the Head of Business Risk for consideration.
- Awareness of the balance between risk, control, and growth.
- Curiosity and passion for generating new ideas.
- Strong stakeholder engagement skills.
- Experience of conducting thematic risk assurance assessments.
- Strong report writing skills and an ability to present complex subjects simply.
£55,000 - £70,000 per annum, depending on experience.
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