Reinsurance Group Of America Chesterfield , MO 63005
Posted 3 weeks ago
Position Overview
Global Risk Services' mission is to partner with RGA's global workforce to facilitate sound risk analysis for decision making to achieve RGA's strategic and financial objectives.
The Director, Operational Risk Oversight works with Global Risk Services to lead and embed the operational risk management framework at the enterprise level.
Responsibilities
Manages the Operational Risk Framework
Manages and improves the operational risk management framework to ensure that it is user-friendly and adds maximum value to RGA
Partners with global stakeholders to align RGA's Operational Risk taxonomy with overall ERM framework
Prepares insights for the Operational Risk Committee and provide operational risk reports and updates for leadership
Manages operational risk policies and standards
Responsible for providing 2nd line oversight and objective challenge for operational risk matters, risk assessments and risk incident reporting
Partners across geographies and with global stakeholders to lead all operational risk related incident reporting at the enterprise level, ensuring appropriate actions for timely resolution
Operational Risk Committee (ORC) Secretary:
Supports the Chair of the ORC in executing role & responsibilities
Responsible for coordinating and preparing the ORC agenda and materials
Taking minutes of all ORC meetings
Supports the execution of a Global Enterprise Risk Management Program to deliver better insights and an enterprise view of operational risk exposure, relative to established tolerances.
Coordinate and facilitate the risk identification and assessment process
Assist in the inherent and residual risk assessment process for all operational risks
Review and challenge first line assessments, including impact and other criteria
Assist in the implementation of a revised operational risk taxonomy across the enterprise
Participate in the development of Key Risk Indicators (KRIs), dashboards and other reporting requirements
Support the integration of the program into RGA's existing Enterprise Risk Management (ERM) framework
Assist the VP, Head of Global Risk Oversight & Operational Risk
Assist the VP, Head of Global Risk Oversight & Operational Risk with various tasks and activities as needed
Other:
Participates in special projects, committees, and meetings as required
Performs other duties as required
JOB SPECIFICATIONS
Requirements
EDUCATION AND EXPERIENCE
Required:
Preferred:
Recognized enterprise risk management designation or education
Master's Degree, MBA, FSA or CPA/CA
Cross company and/or cross industry risk management experience
SKILLS AND ABILITIES
Required:
Experience working in enterprise risk management disciplines with a focus on risk & control self-assessments, emerging risks and key risk indicators
Strong oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders at various levels
Ability to communicate effectively to both technical and non-technical stakeholders
Excellent ability to drive to conclusions and deliver results on a timely basis
Advanced analytical and problem-solving skills utilizing experience, research, guidelines, and internal resource networks
Ability to identify and resolve technical, operational and organizational issues
Advanced project management skills. Demonstrates ability to evaluate project objectives and scope feasibility, gain understanding, schedule resources, and manage budget to plan
Expert skills in managing multiple tasks and projects simultaneously, including the ability to handle changing priorities
Ability to foster a collaborative, teamwork oriented and customer service focused environment that leads to consistent, value-adding solutions
Able to quickly learn and understand the business of RGA
Able to work autonomously as part of a global team and also manage time zone scheduling challenges
Advanced Microsoft Office skills including spreadsheets and presentation software
Sound attention to detail
Company Overview
Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.
The general pay range for this position is $$121K-$175K base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.
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Reinsurance Group Of America