Insurance Risk SME

Insurance Risk SME required on a contract basis for a leading Retail Bank based in Central Manchester.

Please send CVs through for further detail.

Ny client has an urgent requirement for a Risk SME to provide support to the risk framework implementation. This is a demanding environment, whereby we are aiming to implement an effective yet simple Risk Management Framework whilst supporting the Group Wide risk Target Operating Model. The role will be to support this project from a Control SME perspective.

The key deliverables are around the implementation of Risk Policies, namely on the capturing of Operational Procedures, and the creation of a Remediation Plan where gaps are identified.
The Risk SMEwill also be tasked with ensuring the Executive Forums are aligned to Risk Framework requirements.
To be considered one will need strong knowledge of risk frameworks, controls and analyst experience.

Role Requirements
* Responsible for working in a fast paced, challenging Rrisk Management environment carrying out the following key activities:
* Collating, assessing and recording Risk Management information;
* Interact with business to draft Operational Procedures;
* Carry out process mapping as and when required;
* Assist in approval process and carry out remediation work;
* One of the roles will also require partly to assist in:
o Using templates to record assessments and collecting control evidence;
o Allocating probability and severity grades to the individual risks in line with risk ranking methodology;
o Keeping up to date with technical aspects affecting risk assessments, eg FSA update, Group Methodology etc;
o Document the key risks related to each product in line with high level Group Principles, Policies and Guidelines;
o Review descriptions for control ensuring they are aligned with risks; and.Co-ordinate Conduct Risk methodologies and developments.

Useful experience:
* The ideal candidate will have General Insurance business experience with a good understanding of the risk analysis;
* Conduct risk and/or Treating Customer Fairly experience is highly desirable for one role;
* Ability to work at both on their own and as part of team
* Ability to manage time, prioritise and meet deadlines
* Solvency II Pillar II
* Extensive Risk Management knowledge within General Insurance although strong experience of Risk Management outside General Insurance may be considered;
* Thorough grasp and understanding of Financial Risks eg Market, Credit, Insurance, Capital and Liquidity;
* Wider background than just Operational Risk, preferably with implementation and embedding experience.

Rullion Computer Personnel Ltd is acting as an Employment Business in relation to this vacancy.