Head of Operational Risk Management

1 month ago

London, Greater London, United Kingdom Lloyd's Full time
Job Title: Head of Operational Risk

Lloyd's is the world's leading insurance and reinsurance marketplace, where we share collective intelligence and risk-sharing expertise to create a braver world.

Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. We're seeking a Head of Operational Risk to ensure operational risks to Lloyd's are effectively managed in line with the appetite set by Lloyd's Council.

Key Responsibilities:
  • Develop and maintain strategic relationships with the C-suite and Heads of business functions to ensure effective management of operational risks.
  • Provide robust risk oversight and challenge to functions responsible for managing operational risks, making recommendations for improvements in the control environment where necessary.
  • Lead strategic, thematic reviews of key risk areas, reporting conclusions to the executive, Risk Committee, and Board where required.
  • Work with executive management to ensure operational resilience of Lloyd's remains within the risk appetite of the Council.
Requirements:
  • Expert knowledge of risk management tools and frameworks, including Solvency II requirements.
  • Good knowledge of business operations and processes, including people, process, and technology risks.
  • Good understanding of the insurance industry and the Lloyd's market.
  • Understanding and confidence in utilizing leadership and management skills.
  • Experience in leading high-performing teams to successful risk management outcomes.
  • Experience in dealing with complex regulatory communication and negotiation.
  • Experience in managing senior stakeholders, including challenging or unsupportive stakeholders.
What We Offer:

Lloyd's is a dynamic and innovative organization that offers a range of benefits, including a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.

If you're a motivated and experienced risk professional looking for a new challenge, we encourage you to apply for this exciting opportunity to join our team and help shape the future of Lloyd's.

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