Head Of Tprm Governance, Risk & Controls

Head of TPRM Governance, Risk & Controls

UK - London, France

• Paris, USA - Harford or Stamford, India

• Gurgaon

The objective of Third Party Risk Management (TPRM) at AXA XL is to establish a set of integrated TPRM capabilities that instils appropriate risk management principles allowing AXA XL to holistically and proactively identify, assess, monitor, and report on AXA XL's third-party risk profile in an efficient and transparent manner to support and protect our business operations, customers and brand.

This position includes the day to day management of outsourcing and third-party risk, ensuring there is a robust policy and internal controls framework in place to achieve compliance with new and existing regulatory and AXA Group requirements across AXA XL operations globally.

Also included are monitoring compliance with policy and expected internal controls, highlighting any outsourcing and third-party risks to the Head of Third Party Risk Management and other governance/risk committees and relevant company/legal entity boards for review, response and/or action, as appropriate.

You will lead a small team of TPRM professionals.

DISCOVER your opportunity

What will your essential responsibilities include?

• Management of third-party and outsourcing risk, supporting a continuous view on our third party risk landscape across AXA XL; combining specialist expertise in third party and outsourcing regulatory matters, third party risk management controls and practices

• Manage the interaction with AXA Group functions to understand the specific applicable TPRM/Vendor Risk Framework (VRF) requirements; translate those into short/long term plans to drive maturity level to agreed targets

• Manage the specific TPRM/VRF requirements, implementations, rules of engagement, maturity level status, metrics and resulting third party risk profile to create reports, dashboards and data visualization outputs for presentation in executive management committess and board level meetings

• Support ongoing quality assurance within the TPRM/VRF program, requirements and related core systems data, issuing reports and remediation actions/status; ensure the necessary evidences are in place for decisions, risk acceptances, etc

• Respond to audits, regulatory assessments, market organizations or AXA Group functions

• Continuously transform TPRM towards relevant industry standards, updated regulatory requirements and available technology tools/practices

• Engage and influence AXA XL business colleagues and stakeholders to ensure an adequate third-party risk culture is embedded across the business; develop appropriate training material and deliver sessions as determined appropriate

• Develop/maintain and monitor key AXA XL outsourcing and third-party risk KPIs/KRIs for discussion at appropriate risk governance committees and relevant company/legal entity boards

• Collaborate across the various areas of the business to create and maintain a single third-party registry to support compliance with related AXA Group and regulatory requirements, including intragroup/division arrangements

• Run the relevant divisional third-party committees, including setting agendas, defining content, leading discussions and reporting/minutes

You will report to the Head of Third Party Risk Management.

SHARE your talent

We're looking for someone who has these abilities and skills:

• Experience in Insurance, Reinsurance, Financial or Professional Services Industry

• Understanding of the general Re/Insurance industry and key business processes

• Experience in Advisory, Consulting or Audit is a plus

• Substantial Outsourcing, Third Party Risk Management or related operations experience

• Professional outsourcing certifications is a plus (e.g. aCOP, COP)

• High level understanding of complex, global insurance regulatory environments

• Delivery and solution-oriented personality with excellence in serving clients/stakeholders

• Ability to plan and lead multiple complex projects simultaneously, involving advanced project management and people leading skills

• Demonstrated leadership skills, capable of performing complex scheduling, control, planning and influencing with minimal supervision

• Ability to effectively manage resources/activities globally across diverse cultures and languages in a matrix, smart working environment

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ , ethnicity and origins, disability and inclusion with 20 Chapters around the globe

• Robust support for Flexible Working Arrangements

• Enhanced family friendly leave benefits

• Named to the Diversity Best Practices Index

• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.

• Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.

• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.

• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see axaxl.com/sustainability

The U.S. base salary range for this position is $151,500 to $227,500 USD.

AXA XL is a global Company. The salary range noted above is applicable only for US applicants. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.