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Head of Outsourcing Risk Oversight

Job Seekers Ireland Financial Services, Risk Management Financial Services

Job Summary

  • Dublin City Centre
  • Permanent
  • BBBH813901
  • Apr 25, 2022
  • Competitive
Job Description

HEAD OF OUTSOURCING RISK OVERSIGHT - Group Risk independent oversight, review and challenge of Outsourcing operational risk management

Senior C Suite Appointment with Leading FS Group - HEAD OF OUTSOURCING RISK OVERSIGHT

Job Purpose

Group Risk independent oversight, review and challenge of Outsourcing operational risk management to ensure the adequate identification, assessment, recording and reporting of Outsourcing risk.

Main Responsibilities

  • Independent review and challenge of business management and business supplier relationship managers in relation to outsource partner services to ensure the operational risks are being considered and managed appropriately.
  • Effectively represent the independent Group Risk view of outsourcing operational risk at management risk committees, programme steering meetings, Group governance committees etc. to ensure the right risks are being considered and proposed mitigating controls are challenged.
  • Articulate outsourcing operational risk perspectives in clear and accessible language both written and verbal to ensure the risks are understood by the different stakeholders (both technical and nontechnical).
  • Prepare Group Risk insight papers on the outsourcing operational risks and review and challenge business management operational risk papers to committees to ensure awareness and understanding of outsourcing risks.
  • Maintain a clear and comprehensive Outsourcing Operational Risk framework, policy and standards to ensure business risk managers have clear parameters and guidance within which they must operate.
  • Compile, interpret and provide briefing notes on Outsourcing operational risk reporting metrics monthly and quarterly to highlight and provide independent insight into the issues that are arising.

Required Qualifications:

  • Extensive experience of operating at a senior risk management level in a financial services organisation - e.g. Outsourcing risk professional, Outsourcing operational management, Outsourcing audit lead.
  • Proven track record in Outsourcing risk management in Financial Services.
  • Understanding of the key Financial Services industry Outsourcing relationships including Cloud services .
  • Credibility, gravitas, resilience and independence to influence proposals or challenge decisions which affect Group exposure to Outsourcing risk.
  • Up to date knowledge of regulatory and industry guidelines for risk management and mitigation in financial services.
  • Proven track record in operating effectively with Outsourcing Management, Group Risk oversight teams and Internal Audit.
  • Experience of working with senior executives, building relationships and challenging effectively.
  • Experience of leading and achieving significant uplift in capability in risk management practices.
  • Extensive experience of leading a team of risk management professionals.

All interested candidates need to have operated at a Senior Leadership Level - for full details pls call Susan on 087 9074597 for a full job and client debrief.

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

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Consultant Details

Consultant Details

Susan Nix
Susan Nix
  • Client Director
  • 01 4485694
  • snix@morganmckinley.com