Senior Operational Risk Manager - Non financial risks 80-100%

Zurich’s Risk Team have a purpose led role to provide insights to the main stakeholders through effective risk assessments, internal risk reporting and communications, risk policy and risk reporting. The ideal future employee will support and embed the Group Risk Management mission and effectively manage risk that achieve Group strategic, operational and financial objectives.

What you will do

Governance:

• Contribute to the production of policies (Zurich Policy Manuals and associated standards, instructions, as well as other guidance) and other governance documents.

• Development and implementation of non-financial risk management processes in line with policy requirements.

• Provide risk and control insights on non-financial risks.

• Monitoring of regulatory requirements and impact assessment.

Risk Appetite, Risk Identification and Assessment, Risk response: Support 2nd line of defense in the following activities:

• Updates of the Group risk appetite and tolerance statements.

• Risk assessment (TRP and SAOR) activities in collaboration with GTO (Group Technology and Operations) and monitor mitigation actions.

• Review and challenge the assessment of control deficiencies and adequacy of remediation initiatives.

• Review and challenge, root cause analysis, and assessment of operational events.

• Deep dive risk and control reviews on demand.

• Crisis management exercises and operational resilience matters in collaboration with GTO and Business Units.

• Engage with Group functions and Business Units on potential simplification initiatives (internal control framework, risk management practices).

• Communicate guidance and provide training on Group relevant non-financial risk matters and ensure that GRM tools are fit for purpose.
  

Risk reporting

• Assist Group Risk Reporting Team on operational risk matters relevant to the execution of the Group Recovery plan.

• Support ORSA related activities for ZIG and ZIC (scenario selection and quantitative analysis) and the update and the monitoring of the Group strategic TRP (qualitative risk assessment of the Group strategic risks).

• Contribute to the production of quarterly risk report in collaboration with GTO, and Regional and Business Units Risk teams.

Engagement: Ensure that the first line are adopting GRM tools, templates and methodologies.

Training: Develop and facilitate training and training materials to stakeholders, promoting a disciplined risk culture.

What you bring

• University degree in risk management or other relevant economic/business studies or a comparable professional qualification is required.

• Professional experience in international company in the area of internal controls, risk management, compliance or audit.

• Experience with Third Party, Data Management, Business Resilience risk is an advantage.

• Understanding of operational risk management principles, methodologies, and best practices including knowledge of regulatory requirements, risk assessment and mitigation techniques, and risk reporting frameworks.

• Self-starter with a positive and can-do attitude.

• Highly disciplined and strong focus on execution and delivery.

• Able to manage challenging deadlines.

• Excellent verbal and written communication skills.

Additional Information

We look forward to receiving your online application.

At our Quai Zurich Campus, our culture and our people are what set us apart. We thrive on face-to-face interactions that drive collaboration, nurture our unique culture, and amplify our success. Enjoy the best of both worlds with the flexibility to work up to two days remotely per week within Switzerland, allowing you to balance personal commitments while excelling in your career. Please discuss your flexibility needs with us during your interview.

Information for recruitment agencies

Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications as well as any associated fees.

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!
Join us as we constantly explore new ways to protect our customers and the planet .

• Location(s): CH - Zürich
• Remote working: Hybrid
• Schedule: Full Time
• Recruiter name: Grace Cunningham