Risk Officer

  • 38580
  • Life - Other
  • |
  • Bermuda
  • |
  • Nov 11, 2020
  • Supporting the continued advancement and embedding of the Company’s enterprise risk management framework, including the design and implementation of risk management practices and tools.
  • Supporting the identification of the key risk areas within the organization at enterprise and department-level, creating and monitoring key risk and control parameters, as well as identifying capabilities, gaps and needs,
  • Steering the department-level risk and control self-assessments, providing guidance to departments in managing risk, continuously optimizing their control environment and remediating identified control gaps.
  • Conducting horizon scanning to detect and assess potential threats to the Company’s operating model and supporting the development of appropriate mitigation strategies in collaboration with stakeholders.
  • Contributing to the periodic preparation and delivery off risk reporting to the company’s senior management, Executive Committee and the Board, providing assessment of the evolution of the Company’s profile to inform decision-making processes.
  • Assisting in the continued monitoring and assessment of how the company’s strategic initiatives and operational processes adhere to remain consistent with the Board’s approved risk appetite and risk profile.
  • Supporting the implementation and maintenance of a robust architecture for measuring risk exposure and control effectiveness, including the creation of suitable risk and control metrics.
  • Contributing to the maintenance of an effective governance and infrastructure for the reporting and management of risk incidents.
  • Fostering a sound risk culture and promoting risk awareness by providing support, education and training to staff on risk management issues.
  • Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post.
  • A Bachelor’s Degree or an equivalent in Risk Management, Finance of Business Studies or related subject area from a recognized or professional body.
  • A minimum of five years’ relevant post-graduated experience in the financial services industry and/or experience working with a financial regulatory body.
  • Membership with the Institute of Risk Management or and equivalent professional body.
  • An aptitude for problem solving, creativity and striving for continuous improvement.
  • A high degree of adaptability and flexibility.
  • The ability to work within and environment that is innovative and be able to utilize and independent, common sense approach with sound judgement.