Head of Operational Controls & Risk - Arthur : Job Details

Head of Operational Controls & Risk

Arthur

Job Location : City of London, UK

Posted on : 22/11/2024 - Valid Till : 29/11/2024

Job Description :
Arthur is working with a global insurance company seeking to hire a Head of Operational Controls & Risk to join their COO function.This newly created role offers the successful candidate an opportunity to make a significant impact by strengthening the operational resilience of the services provided by the Operations function. You will lead a team, focusing on effective data management, improving control effectiveness, and ensuring quality assurance.Key Responsibilities:
  • Conduct and oversee Risk & Control Self-Assessments, support transformation initiatives, and review outsourcing arrangements to align with risk appetite.
  • Establish and monitor controls for compliance with policies, regulations, and standards, including Sarbanes-Oxley requirements.
  • Enhance efficiency through better data quality, improved processes, and collaboration with finance operations.
  • Ensure data is managed consistently, securely, and in line with policies, including lifecycle management and quality control.
  • Provide quality assurance on reconciliations and report risk and control issues to senior management.
  • Ensure adherence to laws and policies while engaging with internal and external audit teams.
  • Address operational incidents promptly and work with audit teams on remediation.
  • Partner with IT, Finance, Compliance, and others to drive process and control improvements.
  • Facilitate training on risk management and control procedures in collaboration with the Service Delivery team.
  • Oversee the budget for the Operational Controls & Risk team.
We are looking for detail-oriented professionals with excellent problem-solving skills and prior experience in operational controls, combined with a strong understanding of risk.This is an exciting opportunity for someone eager to shape and develop a vital function within the business.

Salary : -

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