Head - Governance, Risk and Compliance
Location
Delhi | India
Job description
- Leadership role
- Meritocratic Culture
Job Description
- Set up overall governance framework around obligations in collaboration with multiple teams and multiple stakeholders (Risk, Legal, Business, Infosec etc.)
- Monitor contract performance, identify potential risks or issues, and take appropriate action to mitigate risk
- Prepare a variety of Compliance/Conformance Reports / Committee updates such as monthly/quarterly updates, quarterly/annual risk & compliance questionnaires, documents and other written materials
- Interpret contractual obligations/ directives and global / regional / market level policies &
processes and integrate within the current practices
- Responsible for developing and maintaining Risk Control Self-Assessments (RCSA), risk assessments and running the quarterly attestation process across the area of responsibility
- Conduct risk based assessments / reviews capable of reviews of systems, applications and processes & thematic risk assessments on emerging risks
- Identify Operational Risks and be able to provide recommendations on additional controls
- Undertake independent testing engagements in accordance with the agreed Compliance Test Plan, assessing the effectiveness of key controls across various business units ensuring adherence with regulatory requirements
- Plan individual testing engagements and contribute to the development of the overall annual test plan
The Successful Applicant
- Minimum of 15 years of experience in Governance, Risk and Compliance in the Insurance sector
- Firm working knowledge of insurance processes and its lifecycle
- A recognized professional insurance certifications (e.g. LOMA/Licentiate etc.) is preferred
- Working Knowledge on Enterprise Risk Management (ERM) Framework/Operational Risk Management Framework / COSO etc.
- Knowledge of Risk, Privacy, Fraud and Anti Money Laundering (AML)
- Experience in data analytics is preferred
- An ability to gather and analyze facts, in order to prepare and present concise findings
- Ability to translate contractual obligations and related requirements into business impacts, compliance elements and regulatory risks
- Analytical thinker with strong conceptual and problem-solving skills
- Experience in managing change in a cross-functional environment and operate effectively and efficiently
What's on Offer
- Leadership role
- Meritcocratic Cutlure
Job tags
Salary
