Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead operational risk management and support the risk department's processes.
- Company: Join a global insurance corporation based in the heart of London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be at the forefront of risk management, making a real impact on the business.
- Qualifications: Experience in risk management or related fields is essential.
- Other info: This role offers visibility and collaboration with senior leadership.
The predicted salary is between 43200 - 72000 £ per year.
My client is a global insurance corporation based in the City of London. Due to an internal move we are assisting in the recruitment of a Risk Officer to take the lead on operational risk. This is a varied and highly visible role that will see you work very closely with the Head of Enterprise Risk Management. You will be supporting the running of the risk department including the management of deadlines and forward planning for a strong risk identification, assessment and reporting process as well as managing operational risk in line with the Group’s Risk Management Framework. Finally you will promote the implementation of the Risk Management Framework across the business of scenario testing for the ORSA, validation, and regulatory stress tests purposes. Responsibilities include: Development of, implementation of, administration of, and compliance with the company’s risk framework and risk management processes and procedures. Annual review and update of risk frameworks and policies. Planning and conducting the quarterly Risk & Control Self-Assessment process. Conducting the ORSA process including the production of quarterly and annual reports. Development and maintenance of the Risk Register. Ensuring that the Risk Register is accurate, up to date, holds risk data to the appropriate level of detail and is properly used in the business. Managing a team of Risk Analysts and taking responsibility for co…
Operational Risk Officer employer: Jefferson Tiley Careers
Contact Detail:
Jefferson Tiley Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Officer
✨Tip Number 1
Familiarize yourself with the specific risk management frameworks and processes used in the insurance industry. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the risk management field, especially those who work in insurance. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Stay updated on regulatory changes affecting operational risk in the insurance sector. Being knowledgeable about current regulations will show that you are proactive and well-informed.
✨Tip Number 4
Prepare to discuss your experience with risk assessments and scenario testing in detail. Be ready to provide examples of how you've successfully managed operational risks in previous roles.
We think you need these skills to ace Operational Risk Officer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Operational Risk Officer position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in risk management, particularly in operational risk. Provide specific examples of how you've developed or implemented risk frameworks and managed teams, as these are crucial for this role.
Showcase Your Skills: Clearly outline your analytical skills, attention to detail, and ability to work under pressure. Mention any experience with regulatory stress tests or scenario testing, as these are important aspects of the job.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific needs of the company. Discuss how your background aligns with their goals and how you can contribute to the success of their risk management processes.
How to prepare for a job interview at Jefferson Tiley Careers
✨Understand the Risk Management Framework
Make sure you have a solid grasp of the company's Risk Management Framework. Be prepared to discuss how you would implement and promote this framework within the organization, as well as your experience with similar frameworks in previous roles.
✨Showcase Your Analytical Skills
As an Operational Risk Officer, analytical skills are crucial. Prepare examples from your past work where you successfully identified risks, conducted assessments, or managed risk data. Highlight your ability to analyze complex information and make informed decisions.
✨Demonstrate Leadership Experience
Since the role involves managing a team of Risk Analysts, be ready to discuss your leadership style and experiences. Share specific instances where you led a team, resolved conflicts, or mentored junior staff, showcasing your ability to foster a collaborative environment.
✨Prepare for Scenario Testing Discussions
Given the emphasis on scenario testing for ORSA and regulatory stress tests, familiarize yourself with these processes. Be prepared to discuss your experience with scenario analysis and how you would approach conducting these tests in line with regulatory requirements.
