Chief Risk Officer

1 week ago


London, Greater London, United Kingdom Flood Re Limited Full time

Flood Re Limited is seeking a highly experienced and skilled Chief Risk Officer to join their team. This exciting opportunity will involve leading the delivery of key components of the Enterprise Risk Management framework, with a particular focus on Operational Risk Management.

Key Responsibilities:
  • Lead the delivery of the Operational Risk Management Framework, working closely with the Head of Operations, Director of IT, and Director of Operations to ensure effective risk management practices are in place.
  • Draw together and review information/metrics/assessments from 1st line processes/oversight, including data quality, info sec, DR/BCM teams, and outsourcing performance management, into the ERM framework.
  • Present findings and developments relating to Flood Re's Operational Risk Profile to ExCo and RCC.
  • Oversee the delivery of the Operational Risk section of the ORSA.
  • Collaborate with the Capital Modelling Team on the delivery of Operational Risk Scenarios.
Requirements:
  • Experience in delivering 2nd line Operational Risk Assessments.
  • Strong knowledge of risk management tools and processes, including RCSAs, Risk Registers, KRI's, Emerging Risk Analysis, and stress and scenario testing.
  • Ability to deputise for the CRO at committee meetings and represent the risk function effectively.

The successful candidate will have a strong background in risk management, excellent communication skills, and the ability to work effectively in a fast-paced environment.

We offer a competitive salary of approximately £85,000 per annum, depending on experience.


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