Risk & Control Officer
Isle of Man
Permanent
Our client is seeking dynamic and analytical Risk & Control Officers to join their team.
You will support the Client Services department achieve its strategic goals with a specific focus on risk & controls along with routine regulatory reporting.
The role will ensure that the department operates within a framework that balance risk and opportunities for sustainable growth as well as adhering to all the regulatory requirements.
Key Responsibilities
- Support the Senior Manager in fully embedding the Client Services Quality Assurance Framework
- Collaborate with second and third-line functions to address regulatory requirements effectively
- Collaborate with the relevant operational teams to analysis and evaluate risk events and their potential impacts documenting the root cause analysis and present mitigant solutions
- Conduct regular control testing in conjunction with the framework
- Promote open communication channels for reporting and addressing potential risks at the operational level
- Assist the operational teams to ensure their Risk Event Actions are kept up to date and sufficient evidence is in place to efficiently close matters out
- Identifying issues, risks and benefits of existing and proposed solutions and outlining business impacts
- Assist in the development and execution of plans, ensuring alignment with department and organisational goals
- Completion of Quality Assurance activities and provision of feedback to users where failures
- or improvement opportunities are identified
- Track and follow-up on action items and deadlines arising from initiatives to ensure
- efficient delivery
Key Skills & Experience
- 2+ years' experience within an operational processing team
- Proven experience working within a Risk team/ function with excellent understanding of regulatory framework
- Competent in Microsoft applications: Including Word, Outlook, SharePoint and Excel
- Technical knowledge of the Life Assurance industry advantageous
- Ability to pro-actively manage own workload and performance in a busy and challenging environment
- Strong communication skills, both verbally and written to a wide range of audiences
- Proven experience working within a similar management role would be desirable
Your specialist: Angie Westmorland
Quote job ref: 15489
Hi I'm Angie, I am working on this amazing opportunity with one of the Island's leading employers, click apply now and I will be in touch.