Enterprise Risk Manager - ORSA focus
hace 5 días
City of London
Enterprise Risk Manager - ORSA Ownership (9-Month FTC) Key Info: • 9-Month Fixed Term Contract, • Hybrid Working: (3 days in office, 2 from home), • Proven Enterprise Risk Experience Required, • Essential: End-to-end ORSA ownership and authoring experience. Role Purpose: ORSA Lead and Strategic Risk Partner This high-impact, 9-month Fixed Term Contract role is essential for driving the core regulatory risk process and providing strategic insight. You will take full ownership of the Own Risk and Solvency Assessment (ORSA), ensuring it accurately reflects the business's risk profile, capital adequacy, and forward-looking strategy. The role requires an experienced Enterprise Risk professional who is comfortable engaging directly with Board-level stakeholders to define, articulate, and embed risk appetite and strategy across the organization. You will operate at the intersection of regulatory compliance and strategic business decision-making. Key Responsibilities: • ORSA Ownership (Mandatory Focus): Own and author the end-to-end ORSA report, driving the process from initial data collation and strategic narrative development to the final submission and presentation for sign-off by Executive and Board committees., • Stakeholder Management: Collaborate with Board-level stakeholders and senior leadership on setting, defining, and embedding risk appetites and broader strategic risk activities., • ERM Framework Governance: Co-develop and maintain the Enterprise Risk Management (ERM) framework, policies, and strategic components., • Scenario Stress Testing (SST): Lead or support scenario testing (SST), including ad hoc stress testing aligned with the overall risk strategy., • Advisory and Oversight: Act as a primary advisor and point of oversight for first-line teams regarding the correct application and adherence to the ERM framework., • Emerging Risk: Champion emerging risk identification and assessment, ensuring key findings are clearly presented to senior leaders., • Support: Assist with regulatory and assurance actions, deep dive risk reviews, and transaction assessments, contributing to broader framework improvement initiatives. Knowledge & Expertise • Deep, demonstrable expertise in the end-to-end ORSA process and its regulatory requirements., • Experience designing and embedding enterprise-wide risk frameworks., • Knowledge of Scenario Stress Testing (SST) methodologies., • Familiarity with regulatory and industry requirements relevant to the role. Experience • Experience within an ERM function or equivalent second-line risk environment within Insurance, • Proven, interaction with Board and Executive management on enterprise risk matters.