Senior Manager

Found in: Whatjobs IN C2 - 3 weeks ago

delhi, India Aviva India Full time
Purpose:
The jobholder has the following responsibilities:
To lead and manage the operational risk management framework for Aviva India Life Insurance ensuring its alignment with industry best practices, Aviva Group framework and regulatory requirements.
To proactively identify, assess and mitigate operational risks across all business functions within the organisation
To contribute to the development and implementation of risk management strategies and policies
To contribute towards building strong and effective risk awareness and control consciousness within the Company
Key Responsibilities:
Develop, implement and maintain the Operational Risk Management Framework
Conduct operational risk assessments and identify potential risks and suggest controls to ensure that risks remain within defined appetite
Develop and implement risk mitigation strategies and controls
Monitor and report on operational risk metrics and trends
Manage operational risk incidents and ensure timely remediation
Provide support, guidance and training to cross functional stakeholders on risk management
Work with management, and by assessing local risks, gain an overall understanding of the company risk profile, and assess compliance with the overall firm risk assessment framework. Utilize that information in identifying, and driving changes in internal and external environments that will impact risk profile and audit work.
Build relationships with internal and external key stake holders to assist in understanding the business, and using those forums when appropriate and necessary, to influence executives and other decision makers to embrace the adoption or implementation of measures to strengthen internal controls
Collaborate with internal stakeholders, including senior management to drive a culture of risk awareness and accountability
Stay abreast of regulatory developments and ensure compliance with relevant regulatory regulations and guidelines governing operational risk management.
Qualifications:
Bachelor’s degree in Finance, Business Administration, Risk Management, Insurance or related field
Chartered Accountant, membership of CIA/CISA being an advantage
Relevant risk professional certification would be an added advantage
Skills/ Knowledge:
Strong analytical and problem solving skills with ability to identify, assess and prioritize risks effectively
Strong presentation and documentation skills
Excellent communication and interpersonal abilities to engage with stakeholders at all levels of the organisation
Proficiency in risk management tools and techniques, including risk assessment methodologies
Attention to details and ability to prioritize tasks effectively in a fast paced environment
Sound understanding of insurance products and processes would be an added advantage
High energy levels and decision making capabilities that support robust execution of plans
Skills in strategising, planning and delivering alternate approaches aimed at enhancing
business results in a demanding environment
Experience:
Progressive experience of around 5 to 7 years in operational risk management within the financial services industry, preferably in insurance sector
Should have interacted and worked along with senior management in previous organizations exhibiting maturity, tact and diplomacy
Experience of writing reports for and making presentations to senior management is desirable
Experience of a multi - cultural working environment is desirable
Experience of working in a fast moving environment and ability to work at pace.

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