Operational Risk Lead Associate (Remote)

Posted 21 Days Ago
Hiring Remotely in Home, PA
Remote
92K-125K Annually
5-7 Years Experience
Insurance
The Role
Lead Associate role in Operational Risk Management at Protective. Responsible for developing and implementing operational risk frameworks, policies, and strategies. Engage with senior leaders to drive successful business objectives while managing risks. Oversee non-technical risks and support issue remediation. Qualifications include 5+ years of experience in Operational Risk Management, strong communication and negotiation skills, and a Bachelor's degree in a business major.
Summary Generated by Built In

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.


The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.


This role will report to the VP of Technology, Cyber, and Data Risk Management within Enterprise Risk Management. This position will play a critical role in developing and building an industry leading Operational Risk Oversight program. The role will engage directly with the senior leaders across all business lines to influence the strategy and execution of key initiatives. The role will be responsible to ensure those efforts drive successful business objectives while ensuring risk is managed within defined appetites. This role will specifically oversee and build the key non-technical risks such as Human Capital, 3rd Party, Processing, etc. 

Responsibilities

  • Support implementation of Operational Risk Framework across the firm for multiple risk disciplines.
  • Establish and ensure adherence to operational risk frameworks and policies.
  • Independently oversee and consult on business strategies and initiatives. 
  • Independently identify and assess risk related to business processes, activities, and assets. 
  • Provide support to identification, review, challenge, and oversight of issue remediation. 
  • Support business in identification and categorization of operational loss events. 
  • Participate in the development and maturation of risk appetite statements. 
  • Develop and produce risk profiles along with supporting metrics and reporting for key non-technical risks i.e. Human Capital, Third Party, Processing, etc.
  • Review and challenge front line risk management practices and artifacts. 

Qualifications/Education

  • 5+ years’ experience in Operational Risk Management or Control & Governance. 
  • Experience in risk and / or compliance (laws, rules and regulations) is a plus.
  • Excellent communication skills – presentation, verbal, and written.
  • Ability to function independently and drive results.
  • Strong presentation, influence, and negotiation skills. 
  • Strong understanding of financial service s and 3-lines of defense model.
  • Insurance industry experience not required but preferred. 
  • Bachelor’s/University degree in a business major or 5+ years of relevant risk, control, or audit experience. 

Protective’s targeted salary range for this position is $92,000 to $125,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees.


This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.


Employee Benefits:

We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.

 

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.


Diversity and Inclusion:

At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.


We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace all skills and abilities. Our aim is to create an equitable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.


We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.


Accommodations for Applicants with a Disability:

If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected] information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.

The Company
Birmingham, AL
2,912 Employees
On-site Workplace

What We Do

Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. Protective traces its roots to its flagship company founded in 1907, Protective Life Insurance Company. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing — for its employees, distributors and, most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees work across the United States. As of June 30, 2020, Protective had assets of approximately $123 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings,

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