Senior Risk & Controls Officer - Finance - Insurance

Senior Risk & Controls Officer - Finance - Insurance

Excellent opportunity opens for a Senior Risk & Controls Office to join a leading Insurance firm and assist the Head of Finance Governance, Risk & Controls in Risk and Control Self Assessment (RCSA) with the following activities and responsibilities:

Duties/Responsibilities: RCSA, Risk Management and Reporting across Finance

• Lead and co-ordinate the completion and ongoing refresh of RCSAs for each specific Finance team function, including arranging and facilitating workshops, documenting risks and controls, and agreeing actions.
• Develop and maintain strong relationships across Finance and with key stakeholders (Risk, Compliance, Operations, IT, Customer Services) to ensure RCSA outputs reflect the true risk profile of Finance activities.
• Compile, analyse and report RCSA results and related risk insights for Finance management, Risk Committees and other governance forums, highlighting themes, emerging risks and areas requiring management attention.
• Support Finance leadership in using RCSA outputs to inform decision-making, control enhancement and remediation plans, and ensure agreed actions are tracked to completion.
• Act as a subject matter expert on RCSA methodologies, ensuring consistency of approach, high-quality documentation and continuous improvement of the RCSA process within Finance.
• Oversee Risk Event Reporting within GRC/MetricStream, including monitoring remediation action plans through to completion and linking learnings back into RCSA assessments.
• Support GWL EUC Standard compliance across the Finance functions including: overseeing the use and management of EUC assets; ensuring that assessments are performed in accordance with the Standard and that the firm's EUC Inventory is kept current.
• Develop and enhance current controls and processes and work with the business to implement best practices, ensuring that procedures are kept up to date and aligned to RCSA outcomes.

Skills, Knowledge and Experience

• Deep expertise and hands-on experience in RCSA, including design, facilitation, documentation and reporting, is essential for this senior governance role.
• Commercial awareness and understanding of the needs of the business.
• Ideally a certified accountant or actuary.
• Willing and capable of making decisions independently to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.
• Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
• Strong ability to adapt messages to the audience in a format that is easily understood by colleagues.
• The ability to develop and maintain strong relationships across the Finance function, acting with integrity and role modelling the company values at all times.
• Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.
• Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.
• Sound problem solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.
• Self-motivated, well-organised, pragmatic and able to perform tasks independently.
• An interested and inquisitive individual who is committed to their own ongoing professional and personal development.

Qualifications

Risk or Compliance-related qualifications, or willingness to progress towards any such qualifications, would be an advantage although are not essential for this role.