Head of Operational Risk Management

5 days ago


Chicago, Illinois, United States Michael Page Full time
Job Description

As a key member of our client's risk management team, you will be responsible for leading the 2nd Line of Defense Operational Risk oversight for various First Line Functions across the firm. This involves providing independent challenge and feedback to the business, conducting deep-dives and targeted risk assessments, and recording and analyzing Operational Risk Events.

Key Responsibilities
  • Lead regular risk meetings with senior stakeholders and review Business Unit RCSAs, KRIs, and Events.
  • Conduct deep-dives and targeted risk assessments of areas and processes of concern.
  • Record and analyze Operational Risk Events, suggesting and monitoring remediation actions to mitigate control weaknesses.
  • Act as an independent challenge function to the business by providing feedback and escalation.
Requirements
  • Bachelor's degree in insurance, risk management, finance, law, business administration, or a related field.
  • 10-15+ years of experience in Risk Management or Insurance departments within a corporation or insurance brokerage.
  • Strong organizational skills with the ability to manage multiple tasks and projects independently, with attention to detail and deadlines.
  • Excellent interpersonal, written, and oral communication skills.
  • Ability to adapt to rapidly changing responsibilities in a fast-paced environment.
What We Offer

Our client offers a competitive compensation package, salary + bonus, and a hybrid work schedule. This is an excellent opportunity to join a fast-growing risk management department within an Insurance firm.



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