Risk Oversight Manager - Business Risk & Controls
Description
Do you have expertise in Risk Management Frameworks and experience in engaging with business areas to deliver first class risk management practice? We're recruiting for two Risk Oversight Manager - Business Risk and Controls roles to play a key role in driving a robust and resilient risk culture throughout AXA UK Health. You'll deepen the capability of the Health business to understand and manage its risk, identify and embed effective controls, whilst maintaining a strong and pervasive focus on positive business and customer outcomes. Reporting to our Head of Business Risk and Controls, you'll support the business in strengthening its risk and control framework. You'll focus on day-to-day risk identification, assessment and mitigation, and oversee and develop the AXA Health control environment to ensure it supports business strategy and financial plans within the regulatory landscape in which the business operates.
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events. We're also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
What you'll be doing:
• You'll embed the Risk and Controls Framework, driving a consistent approach and fostering a risk-based decision-making culture alongside the Head of Business Risk and Controls.
• Work with stakeholders within the business to appropriate manage identified risks, causes and ensure that controls are adequately mapped and described.
• Lead risk and control meetings providing insight on MI and reporting, attending key local risk committees, supporting on Board and Risk Committee reporting and ensuring risk-based decision making.
• Lead and embed the roll out of a formal Risk and Control Self-Assessment Programme (RCSA) and support the business with developing robust return to tolerance plans where required.
• Cross-functional workshops to map end-to-end processes, uncover control weaknesses, systemic failure points, and inform risk mitigation, control or change enhancements, and continuous improvement actions.
• Develop the business areas to comply with key risk frameworks, including Incident Management, risk acceptance procedures, and remediation activities.
• Working alongside the Conduct and Compliance team to Lead engagement between 1st line Risk and Internal Audit and Compliance Monitoring.
• Identify opportunities for greater efficiency, simplification of controls and automation of control and support business case development for investment.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we're able to effectively manage interest. Therefore, if you're interested in joining us at AXA, please don't hesitate to apply.
We know that some candidates may be discouraged from applying if they don't meet every requirement. If you're excited by this job and the prospect of working at AXA but you're not sure you tick every box, we'd still encourage you to apply.
What you'll bring:
• Experience of Risk Management Frameworks (IMMMR) and ability to engage with business areas to deliver first class risk management practice.
• Stakeholder management and influencing skills including an ability to appropriately disseminate information to a variety of audiences and provide 1st line challenge.
• Understanding of relevant Insurance / Healthcare regulation and supervisory expectations (FCA / PRA) for large complex financial institutions.
• Excellent verbal and written communication skills, ability to determine the content of key risk and control reporting to stakeholders including board and risk committee members.
• Analytical skills such as the ability to analyse key risk indicators (KRI's) and determine where action is needed.
• Commercial and pragmatic outlook, able to work at pace, respond quickly to change and remain delivery focussed.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
What we offer:
At AXA UK, we're appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:
• Competitive annual salary of up to £55,000 dependent on experience
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts
To apply, click on the 'apply for this job' button, you'll then need to log in or create a profile to submit your CV. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to tanzeela.mehjabeen@axa-insurance.co.uk.
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About the entity:
At AXA Health, we're passionate about helping our members to put their health first, whether that's individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when there's a problem, our members can be confident we'll guide them, every step of the way.