Control & Oversight Lead

Role: Risk Management & Compliance - Other Industry Type: Insurance Department: Risk Management & Compliance Employment Type: Full Time, Permanent Role Category: Risk Management & Compliance - Other Education: - UG: Any Graduate - PG: Any Postgraduate Job Overview: In this role, you will be responsible for performance monitoring and ongoing testing of Operational Risk Controls, including financial crime risks, financial data quality, outsourcing, and transactional monitoring. You will be involved in the development and implementation of a risk-based control oversight program for evolving Operational Risks within CorSo, collaborating with the team. Key Responsibilities: - Risk Control Oversight: Develop and implement a risk-based control oversight program to address evolving operational risks, ensuring the program aligns with emerging data insights. - Monitoring & Testing: Continuously monitor and test operational risk controls, focusing on financial crime risks, data quality, outsourcing, and transactional monitoring. - Improvement Initiatives: Deliver ongoing programs that continuously improve operational risk controls based on new data and insights. - Sampling Methodologies: Analyze and adjust sampling methodologies and monitoring frameworks to align with process requirements, balancing compliance with operational efficiency. - Training & Awareness: Build risk awareness among staff by providing ongoing support and training within the organization. - Collaboration: Work closely with Coordinated Assurance Framework (CAF) members and other relevant functional representatives to ensure effective risk management. - Audit & Assurance: Steer and support assurance-related activities, including internal and external audits when necessary. Skills & Qualifications: - Analytical Skills: Strong analytical ability with an eye for quality and continuous improvement. - Independence: Ability to work independently while managing complexity and quality. - Communication: Excellent communication skills, able to manage and steer complex issues using facts. - Environment Fit: Motivated by fast-paced, collegiate environments that foster technical and soft skills development. - Education: A Bachelor's degree in Management, Risk Management, Finance, or Accounting is required. - Experience: Prior experience in financial services and/or consulting, including project/change management, is highly valued. About Swiss Re: Swiss Re is one of the world's leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, dedicated to making the world more resilient. With a global workforce of over 14,000 employees, Swiss Re anticipates and manages a wide variety of risks, from natural catastrophes and climate change to cybercrime. The company combines experience, creative thinking, and cutting-edge expertise to provide innovative solutions for clients. Swiss Re encourages professionals returning from a career break to apply for open positions that match their skills and experience. Skills: Data Quality, Assurance, External Audit, Outsourcing, Operations Experience: 4.00-6.00 Years