Head of Operational Risk

11 - 15 years experience  •  IT Consulting/Services

Salary depends on experience
Posted on 12/08/17 by Pratap jiandani
Confidential Company
Plano, TX
11 - 15 years experience
IT Consulting/Services
Salary depends on experience
Posted on 12/08/17 Pratap jiandani

Job requirements:

Leading the TPA Risk function to develop, implement and maintain an effective

Operational Risk and Internal Control Framework. Role reports to Head of Legal,

Risk and Compliance. 

Responsibilities:  

The Head of Risk is responsible for developing and administrating an effective risk management cycle, to identify measure, evaluate, respond, monitor and report on risks on an on-going basis.

Will develop TPA Risk Policy and Methodology in line with OUR CLIENT TPA risk

appetite and develop and agree on Key Risk Indicators for client.

Oversee the Operations Risk Team including key risk management activities such

as: Operations riskreporting and error resolution, Risk and Controls Self

Assessments, Business / Project risk assessments, monitoring of key risk

indicators, contribute to the management of client risk department by building

relationships and engaging with other Heads of teams and senior management.

Ensure adequacy and timely delivery of management information and advice to

stakeholders including the Board, Executive and Senior Management levels,

giving a view of the enterprise risks and control environment.

Engage with stakeholders at the TPA and Client, Board, Executive and Senior

Management levels and providing support for risk-based decision making and

assurance that controls are functioning well within the first line of

defense. 

Ownership of the Information Security policy providing oversight and ensuring

adequate staffing to provide guidance to the business on all information

security related matters including continuity of business and disaster

recovery.

This role will have 2 Team Members reporting into it

Qualifications: 

Minimum of 10 years of experience and a strong understanding of insurance

regulation, conduct of business and a detailed knowledge of policies and

procedures for risk management and internal controls

Strong understanding of insurance regulation, conduct of business and a

detailed knowledge of policies and procedures for risk management and internal

controls.

Experience of deploying the Operations Audit and Information Security framework

at TPA.

Strong Leadership and management ability.

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