Job Description

Role Title: Group Operational Risk Senior Manager

Reporting to: Group Head of Compliance and Control

Team: Operational Risk

Function: Group Risk

Location: London (some Travel)
Purpose of this role
This group role offers the right candidate a unique opportunity to shape operational risk management at Athora. The right candidate will be a functional lead in their own area of expertise and an individual contributor embedding operational risk management within the group teams and overseeing and aligning operational risk management and internal controls across Athora. The candidate will impact operational risk management within the Business Units through managing an operational risk network within Athora. The candidate will oversee and align the other local entity operational risk teams through close collaboration with these teams and the local CROs.
Key Contribution Areas
Group Operational Risk Management responsibilities:Setting the Operational Risk Policies, including Operational Risk limits and KRIs, and ensuring compliance Leading the Athora Internal Control Framework strategic direction and overseeing implementation in both the Group Functions and the Business Units Producing effective and efficient Group Operational Risk Reporting, including risk register, risk events, KRIs, effectiveness of material operational risk internal controls, 2nd line review of group outsourcing arrangements Setting the agenda for the Operational Risk Working Group Presenting effective operational risk reporting to the relevant committees on a quarterly basis Recommend actions to optimise the group operational risk capital requirement and monitor progress Direct operational risk event management for the Group Functions, including response to risk events and maintenance of the risk event register and risk event reporting Contribution to the Group Solvency Self-Assessment process (i.e. Group ORSA) relating to Operational Risk and Internal Control Ensure effective oversight of the IT Risk team activities and recommend actions and improvements as required Promote awareness of risk culture and contribute to risk culture initiatives, including providing operational risk training Contribute to the business continuity and operational resilience activities at group including any group incident response teams Operational risk 'horizon scanning' to identify potential threats, risks, emerging issues, and opportunities. Including the gathering, analysing, and disseminating of this information to provide value-add and support decision making Propose and lead Operational Risk projects and initiatives as needed

Group wide Operational Risk Management oversight and alignment responsibilities:Oversee, support, and challenge both the Business Units and Group Functions implementation of the Athora Operational Risk Policies and Internal Control Framework, including providing group-wide tools and processes where necessary Be a key point of contact for the Chief Risk Officers in local entities with regards operational risk management, internal control, and oversight of outsourced services Establish an Operational Risk Management Network across Athora Group to promote consistency and best practice sharing Maintain appropriate Operational Risk and Outsourcing processes, tools, and templates to support consistent risk management in these areas Oversight of Business Unit Operational Risk Reporting (including KRIs) and RCSA Plans Expert support to the Business Units as needed including implementing the Operational Risk Policies and Internal Control Framework

Personal Capabilities RequiredAthora employs a flat organizational structure and therefore requires all team members to be willing to operate across levels, combining detailed technical analysis with management and leadership responsibilities within a single role Executive presence, winning trust and confidence with directors and executives; uses analytical insight to influence critical business decisions Self-aware with ability to work in a fast-paced team-oriented environment, understanding how own role contributes to overall business achievements Flexible and positive attitude to change, with adaptability and willingness to engage on unfamiliar topics and learn new subject matter to support the development of solutions Trustworthy, respectful, and ethical team player with an inclusive attitude, knows when to make the decision, convinces with facts and relevant analysis Strong client facing skills including consulting skills, facilitation skills, relationship management, and reporting Solutions focused and a business enabler, with excellent commercial acumen Highly organized, with the ability to plan for short- to medium-term objectives Confident to voice opinions and provide constructive challenge; empower others and make them part of the solution; uses sound judgement to prioritise and resolve conflicts constructively; committed to joint success; builds consensus Anticipates internal and/or external business challenges and/or regulatory issues; recommends process or service improvements - looking beyond best practices and methodologies Strong leadership and people management skills including dealing with adversity and managing ambiguity Proven ability to recruit, train, develop and motivate members of the team, whether that team is under direct control or on a matrix basis. Cultural awareness to operate in a complex, multi-country environment

Functional or Technical Knowledge and Skill RequiredPRMIA Operational Risk Management Certificate, or equivalent 5 to 10 years' experience working in operational risk management within an international business environment Experience of working within and development of Risk Management Frameworks Proficiency using SAI 360 Knowledge of Solvency II and / or Bermuda Monetary Authority regulations a distinct advantage Computer literature - Excel, Access, Word, PowerPoint, Visio

Apply By:
30-06-2025