Risk Officer

Job Description:

Job Title: Risk Officer

Location: Remote Working

Type: Permanent, Full-time (37.5 hours per week)

About the company

Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd’s of London. Previously referred to as the London Market Joint Ventures, we have been operating for over 20 years in the London market (Lloyd's and Company), in both insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed, releasing time to drive innovation and focus on higher value activities.

About the job

We are seeking a Risk Officer (denoted as Ethics & Compliance Officer within the wider DXC infrastructure) who will actively participate in the full risk management lifecycle, including risk and control identification workshops, supporting and challenging risk and control assessments, and rolling out training in line with RMF developments. This is a Second Line role, where creativity is actively encouraged, and we value those who bring both experience and opinions to the table. The successful candidate will be joining at a particularly interesting period where we are implementing significant RMF improvements including the roll out of a new GRC system. This is an enterprise risk role; however, the preferred candidate will have a solid foundation in operational risk. Experience with using GRC systems would be beneficial.

Key Responsibilities

• Support in the identification, analysis, management, and effective monitoring of risks and issues.
• Actively engage with the implementation of Velonetic’s RMF, i.e. utilise your skills and experience to help us bring about positive change and deliver value to the business
• Support the Risk Leads in the creation of various Risk related reports and presentations for the board and various committees
• Support updates to policies, process and standard documents relating to Risk Management
• Collaborate with other members of the risk management team to ensure a coordinated approach to risk management across the organisation
• Maintain professional relationships with business teams
• Provide support and guidance to embed a positive risk culture

Experience / Qualifications:

• At least 5 years working in a professional risk management role, with experience across multiple industries
• Strong understanding of risk management frameworks and methodologies
• Experience with risk assessment and mitigation strategies
• Excellent communication and interpersonal skills, with the ability to build strong relationships with relevant stakeholders
• Strong analytical and problem-solving skills, with the ability to think critically and proactively.
• Pro-active attitude towards learning and making valuable contribution
• Ability to work independently and as part of a team, with a strong sense of ownership and accountability
• Excellent presentation skills with keen eye on details.

Investment In Training and Development

We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications. We’re developing an environment where people can grow and harness their careers and skills to be the best that they can be to focus on the long term. Our Culture Here at Velonetic we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace no matter of who they are or what they do. We are proud of the culture we are creating to ensure that our commitment is ongoing and have a diverse mix of employees working within an inclusive environment and culture to create a high performing workforce led by talented leaders. We aspire to be recognised for our innovative and modern thinking approach.

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