On behalf of a leading financial institution, Monroe Consulting Group is seeking for Risk Management Division Head.
Responsibilities:
- Lead the Risk Management Division, setting strategic direction aligned with the institution's goals and regulatory requirements.
- Oversee the development, implementation, and monitoring of risk management frameworks, policies, and procedures.
- Identify, assess, and mitigate risks across the institution, with a focus on financial, operational, and compliance risks.
- Develop and manage risk reporting processes to ensure timely and accurate risk assessment and communication to senior management and stakeholders.
- Collaborate with other departments to integrate risk management practices into daily operations and decision-making processes.
- Provide guidance and leadership to a team of risk management professionals, fostering a culture of risk awareness and continuous improvement.
- Ensure compliance with relevant laws, regulations, and industry standards, particularly within the life insurance sector.
- Stay updated on emerging risks and industry trends, advising the institution on potential impacts and mitigation strategies.
- Liaise with external auditors, regulators, and other stakeholders regarding risk management activities.
Qualifications:
- Minimum 10 years of experience in risk management, with a strong background in life insurance.
- Proven leadership experience in managing risk management teams or divisions.
- In-depth knowledge of risk management frameworks, policies, and regulatory requirements.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills, with the ability to interact with senior management and external stakeholders.
- Experience in a government or public sector environment is an advantage.
