Assistant Director Operational Risk Management

Assistant Director Operational Risk Management

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Assistant Director Operational Risk Management to take on key responsibilities within a world-class actuarial function. Make your mark in Operational Risk Management As well as helping customers to manage risks, AIG faces a wide array of our own risks every day. The Operational Risk Management team partners across the AIG organization to inform strategic decision-making and to facilitate rational risk-taking that drives profitable growth. Our team ensures we have the right tools, processes and systems in place to identify, measure and manage our risks. As an operational risk colleague, you can enhance your acumen by helping to shape and support our approach to risk. How you will create an impact The Assistant Director Operational Risk Management will support AIG Operational Risk with implementing and maintaining an appropriate operational risk management framework and infrastructure for AIG in partnership with business unit management teams. This is both a hands-on and strategic role that will assist the Company, globally, in effectively managing operational risk consistently as well as serving as a credible second line of defense challenge to the first line of defense.

Lead Operational Risk and Governance initiatives that support broader ERM objectives, including but not limited to cross functional risk assessments, risk reviews based on external events as well as development and maintenance of Operational risk tools.

Provide Operational Risk guidance to business partners, including facilitating risk reviews and assessments of new business activities and change initiatives to ensure material operational risks are identified and appropriate controls are implemented.

Deliver dynamic and timely insights to influence risk / return decisions leveraging and aligning information from integrated approaches, tools, methodologies, and platforms.

Collaborate with the first line business teams to maintain Risk and Control registers covering the risks as defined in the Operational Risk Management framework.

Develop and continuously monitor business partner risk profiles and develop key risk indicators and other metrics to ensure timely identification, escalation, mitigation and management of new, emerging or changing Operational Risks.

Aggregate risk data and synthesize key operational risk themes for reporting to senior management and operational risk governance forums.

Provide effective review and challenge over maturity assessments conducted by the first line controls function to ensure that resources and plans are focused on the areas which will provide the best return in terms of establishing a more robust risk management culture.

Support business partners in ongoing reviews of policies and standards to ensure compliance with and adherence to AIG guidelines.

Conduct Operational Risk training and awareness to business partners and business risk teams.

What we are looking for 7+ years operational risk experience, preferably within the insurance industry Bachelor's degree in accounting, business administration, finance, or risk management Industry acumen, including knowledge of business operations, finance, and risk. Strong communication, interpersonal and presentation skills with the ability to simply articulate complex problems and solutions. Experience guiding, motivating, and developing a team to achieve team and organizational goals. Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders. Strong track record of effectively assessing and managing competing priorities. Ability to develop and sustain relationships at all levels, devote time to develop self and others