Operational Risk Lead

3 weeks ago


London, Greater London, United Kingdom Lloyd's Full time

Lloyd's Overview:
Lloyd's is the world's leading insurance and reinsurance marketplace. Our mission is to inspire courage so that tomorrow's progress isn't limited by today's risks. We believe in being brave, stronger together, doing the right thing, and guiding what we do and how we act.

Job Description:
We are seeking a Manager, Operational Risk to join our team. This role will be responsible for contributing to the successful development and execution of the Lloyd's risk framework, ensuring key risks to Lloyd's are well understood and appropriately managed. The salary for this role is £60,000 - £80,000 per annum, depending on experience.

Main Accountabilities:
• Identify, assess, and monitor operational risks faced by Lloyd's, including people, process, systems, and external risks arising from the Corporation's activities.
• Provide robust risk oversight and challenge to functions responsible for managing operational risks, making recommendations for improvements in the control environment where necessary.
• Maintain ongoing monitoring of key current and emerging operational risks facing Lloyd's.
• Support/lead strategic, thematic reviews of key risk areas, reporting conclusions to senior management as required.
• Support Lloyd's response to regulatory engagement on operational risks, including those related to operational resilience.

Required Skills and Qualifications:
This role requires experience in working as part of a high-performing team to achieve successful risk management outcomes. You should have good knowledge of risk management frameworks, tools, and processes, as well as experience in managing senior stakeholders and dealing with complex stakeholder communication and negotiation. Understanding of the insurance industry and the Lloyd's market is beneficial.



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