This role will be centred on our Irish entities Mediolanum International Life Ltd & Mediolanum International Funds Ltd. The Operational Risk Specialist will devote their time working across all entities gaining valuable insight into the interactions of the companies and how they interact with the Operational Risk process.
The successful candidate will already have gained some experience in risk and control matters and who can display skill, energy and enthusiasm so as to gain a rapid understanding of the operational risk and control aspects of our different business lines, and to be part of a small team implementing our risk strategy and philosophy across the organisation.
Duties and responsibilities will include, but not limited to the following:
Enhance the Operational Risk Framework and building upon the existing processes to enhance and further embed the culture and governance pertaining to operational risk within the business
Identifying how risks are managed and appropriate policies are implemented throughout the Company. Assist the lines of business with analysis, expertise, and problem solving as well as providing oversight
Identify, assess and report on operational risk controls and indicators in line with existing regulations and preparing for future changes.
Capture and evaluate Emerging Risks across the Irish entities and build on existing processes to develop and enhance our Emerging Risk models
Work closely with the IT Department regarding IT Security / Cyber Security Risk Assessments, Business Continuity Frameworks, Data Protection, etc.
Help identify and implement best practice operational risk process
Attend various Committee meetings and present findings on operational risk processes, providing Boards and Committees with Operational Risk reports
Review and continuously improve the Risk Management processes/procedures including implementing themed reviews.
Risk identification, assessment and management – including gap analysis and action plans
Consolidate and provide analysis on key risks and collate / validate internal loss data
Provide engagement, training & awareness sessions and on-going support
Provide continuous improvement of operational risk tools
The Ideal Candidate will have;
Skills / competencies
Quick Learner and Assertive individual who can act by following instructions and act independently
Organised individual who can self manage multiple priorities, routine work and urgent issues as they arise. The ideal candidate is focused on resolving issues in a pro-active way and in a timely way
Display Knowledge & Authority in dealings with all parties and maintaining priority of achieving goals
Display Attention to Detail in all aspects of work and relationships
Ability to work independently on large projects which are key to the development /progression of the overall Risk Team
Developing and managing relationships both internally and externally
Excellent verbal, written and numeric skills.
Advanced Excel / IT related skills beneficial
Qualifications and experience
Degree or Postgraduate degree a minimum requirement.
Minimum of 3-5 years' work experience in a financial services environment in the Operational Risk area
Understanding of Front, Middle and Back Office controls
Awareness of financial services products (including Bonds /Equities / Derivatives) and regulations (including CRD / UCITS / MIFID)
Previous Financial Services experience a pre-requisite
Excel proficiency a minimum requirement
Internal Number: 5778813
About Mediolanum International Funds Limited (MIFL)
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