MNK GCS

Responsibilities:- Internal Control Framework (ICF) Design & Implementation- Lead the design, rollout, and continuous improvement of the Group-wide ICF, ensuring coverage across MGA operations, underwriting companies, and regulated entities in multiple jurisdictions.- Establish clear risk taxonomy, control standards, and governance processes tailored to the insurance and reinsurance industry.- Define and embed risk and control ownership models across businesses and geographies.Risk & Control Self-Assessment (RCSA):- Build and institutionalise the RCSA methodology across the Group, ensuring consistent identification, assessment, and mitigation of risks.- Conduct and facilitate risk and control workshops with business units to surface key operational and strategic risks.- Ensure testing of control design and effectiveness, residual risk scoring, and action plan management.Risk Metrics & Monitoring:- Develop and maintain Key Risk Indicators (KRIs), control metrics, and dashboards aligned to Group risk appetite.- Embed regular monitoring and reporting mechanisms that provide early warning signals of emerging risks.- Ensure data-driven insights support decision-making at management and Board levels.Regulatory Compliance & Multi-Jurisdiction Oversight:- Interpret and apply regulatory requirements across diverse jurisdictions (e.g., Solvency II, ORSA, PRA/FCA standards, Basel, or local equivalents).- Ensure Group-wide consistency in compliance while tailoring to local market expectations.- Feed into the Group MD who will ultimately act as a liaison for regulators, auditors, and risk committees on matters related to the ICF and operational risk.Governance & Reporting:- Design and deliver Board and Risk Committee MI, including risk heat maps, thematic reports, and control performance reviews.- Contribute to the development and maintenance of risk policies, frameworks, and governance standards.- Provide independent challenge and assurance to first-line functions.Risk Culture & Capability Building:- Champion a culture of accountability and transparency in risk and control management across the Group.- Support in delivering targeted training and guidance on ICF, RCSA, KRIs, and operational risk practices.- Support leadership in driving risk awareness and embedding RMF practices across all business entities.Qualifications & Experience:- Bachelors or Masters degree in Risk Management, Business Administration, Finance, or related disciplines.- Professional certifications such as CRMA, FRM, CISA, CIA, or equivalent strongly preferred.- 1012 years of experience in operational risk, internal controls, or enterprise risk management, with a strong preference for insurance/reinsurance or financial services.- Demonstrated success in building or implementing internal control frameworks and RCSA processes across complex, multi-entity environments.- Knowledge of multi-jurisdictional regulatory regimes and experience engaging with regulators and auditors.- Familiarity with GRC systems and risk data analytics (ref:iimjobs.com)