Operational Risk Leader for Institutional Markets
7 days ago
Company Overview
Pacific Life is a leading life insurance company dedicated to delivering on its promise of being there when it matters most. With a commitment to innovation, collaboration, and transforming the industry for the better, Pacific Life offers a unique career experience with purpose.
Estimated Salary: $150,000 - $200,000 per year
Job Description
We are seeking an experienced AVP, Operational Risk & Resilience, to lead the strategic direction and implementation of non-financial risk programs within the Institutional Division. As a key member of the Pacific Life Risk Management team, you will drive alignment and execution at all levels of the division, leveraging expertise in operational risk and resilience to effectively manage business relationships.
Key Responsibilities:
- Lead the team in executing the operational risk and resilience management framework, including periodic and change-driven risk assessments, setting of risk appetite, monitoring, and reporting of key risk and performance indicators
- Independently assess risks and drive actions to address root causes that lead to operational risk losses by challenging historical and proposed practices
- Collaborate with stakeholders across the enterprise to further develop and strengthen the operational risk framework
- Provide clear and concise recommendations and guidance to internal stakeholders on matters of operational risk management
Requirements
To be successful in this role, you will bring a minimum 15+ years of experience in operational risk and resilience in the financial services industry, preferably with a life insurer background. You should possess strong business acumen, excellent analytical and problem-solving skills, and the ability to communicate complex technical issues in fundamental concepts.
Benefits
Pacific Life offers a competitive compensation package, including a base salary range of $150,000 - $200,000 per year, as well as additional incentive pay. You will also enjoy a comprehensive benefits program, including medical, dental, vision, and wellbeing reimbursement account, paid time off options, paid parental leave, and a competitive 401(k) savings plan with company match and additional contribution regardless of participation.
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