Deputy Manager - Enterprise Risk Management - BFSI

We are hiring for a Deputy Manager in Enterprise Risk Management for one of our BFSI clients.

The ERM team is responsible for providing executive management with a strategic risk profile assessment as well as owning the Risk Management Framework. This includes Policy framework, policy attestation, risk reporting, model governance etc.

Job Responsibilities-

- Conduct reviews of key controls to mitigate the top risks, including identification of control gaps and deficiencies and development of remediation plans.

- Clearly and concisely communicate the results of the annual statement of compliance and monitoring to the Risk team, other functions and senior management

- Produce enterprise wide risk reports against risk appetite for senior management, boards, committees, statutory entities, Group and regulators highlighting risks, issues, control failings and identifying areas for management action. Provide meaningful oversight and challenge to Risk reports to ensure consistency, completeness and clarity of message

- Provide support and guidance to the business, including its suppliers in assessing the effectiveness of their internal controls against the requirements of the internal policies.

- Research on key industry and market trends, producing reports assessing risks and opportunities, producing analysis, examining financial data, company strategy and key company, regulatory and industry developments to draw out insights and trends

- Support the Internal Model application and on-going compliance with Solvency II requirements to ensure that there are appropriate governance arrangements in place to support the Internal Model Solvency II compliance with respect to Data quality and documentation standards

- Use of regulatory knowledge, business understanding and expert judgement, to quickly identify underlying issues and escalate issues, where appropriate

- Work with colleagues and develop good working relationships across locations within the Risk function and the wider Business to ensure that organization and its subsidiaries operate within an effective risk management framework

- Contribute to the continuous improvement of methodology across Risk and work flexibly in support of the wider Risk agenda

- Compliance - To understand and adhere to companyl's Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements

Requirements-

- 7-10 years- experience in a Risk/Audit function within a financial institution

- A good understanding of regulatory environments and regulated marketplace

- Practical and theoretical knowledge of business risk and control frameworks and how these map to evolving regulatory requirements

- Excellent partnership and stakeholder management skills, with the ability to successfully navigate a complex organisation as well as build strong relationships and work collaboratively with teams across the business

- Ability to operate remotely, in a diverse and multi-cultural environment. International work or consultancy exposure would be a definite plus