Description
Deputy Head of Conduct Risk Operational Risk Manager 2nd LOD Witham, 12 months
My Client a leading supplier in Insurance fund administration Is looking to appoint a Operational Risk Manager to their offices in Witham, Essex on a 12 month contract
The team promotes a strong risk culture, focusing on achieving fair outcomes for customers, balancing the needs of the firm with the need to mitigate regulatory risk. As part of the wider Risk Function, the team forms the second line of defence, primarily responsible for regulatory and conduct risk and for developing and implementing Conduct Risk Management framework. This includes setting and maintaining the Conduct Risk Universe and appetites; providing assurance on compliance with relevant regulatory rules and requirements; overseeing compliance with key conduct risk policies; and providing technical input and support in the delivery of strategic and business developments.
Key Tasks:
Skills:
- Ability to understand regulatory requirements that apply to this business.
- Ability to influence people, often outside direct line management accountability to deliver to a demanding regulatory agenda both individually as well as in a team environment
- Appreciation of regulatory environment, management of regulatory risk and documentation of procedures and policies
- Sound judgement and ability to know when to escalate and when to seek internal/external assistance
- Strong leadership, influencing and negotiation skills
- Excellent communication skills both written and verbal
- Very strong analytic capability including the ability to provide insight into key risk exposures
- Expert consulting skills, in particular stakeholder management
- Must be able to convert complex regulations into easily understood language for a wide audience
Knowledge:
- In-depth knowledge of the UK financial services and regulatory framework
- Industry practices with reference to compliance and regulations
- Strong understanding of the FCA approach to regulation
- Practical knowledge of best practice in the management of regulatory risk in the UK financial services sector
- Practical business and product knowledge, systems/processes, governance and risk frameworks
- Good knowledge of the business (nature of the business, systems and processes) to enable sound assessment of the impact of regulations
Experience:
- Wide experience of the PRA/FCA regulatory framework and working in a Risk area of PRA/FCA regulated product providers ideally in a group function or with a regulatory consultancy
- Operational management experience in a fast paced delivery focussed environment
- Executive level engagement
- Experience in working in a regulated business providing guidance and influencing change within a regulatory change/strategic change environment including direct to customer and/or advice.
- Use of analysis and reporting tools, techniques and applications
Qualifications:
- Degree qualified or equivalent relevant professional qualifications would be desirable
If you wish to apply for the above position, please call me or email
Please be advised if you haven't heard from us within 24 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Pontoon is a global HR outsourcing company specializing in improving an organization's talent. We manage the contingent workforce and statement of work resources on behalf of our clients, as well as source and recruit direct hires. Pontoon's approach results in significant cost savings and revenue improvement, increased worker quality, workforce insight and greater regulatory compliance. A division of Adecco with operations in nearly 100 countries and with more than 1,500 colleagues worldwide, the Jacksonville, Florida-based organization delivers solutions to more than 150 industry-leading companies.