Operational Risk Management Officer

Il y a 7 mois


Brussels, Belgique ERGO Insurance Temps plein

ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in around 26 countries and concentrates on Europe and Asia. In its home market of Germany, ERGO ranks among the leading providers across all segments.

Objective of the Job:
Always wondered how the processes in an insurance company work like? Are you able to maintain an helicopter view on what we do? And are not afraid to deep dive and challenge the process owners to ensure the risks in their processes are well under control? Then this job is the right fit for you.

You will be part of the qualitative / operational risk management team at ERGO Insurance N.V.. You will work on improving and developing the risk management framework in line with requirements within the company, ERGO Insurance N.V as well as applicable Belgian and European regulation (amongst others the Solvency 2 Framework).

In this, you will closely work together with other colleagues in risk management, in other departments and at ERGO group level.

Responsibility and tasks:
Below we set out how the basic objective is translated into the various tasks performed by the whole team. Some of those tasks will form part of your package of assignments and duties - depending on the task distribution within the team:
1. Assist the team to implement, optimise and monitor the Risk Management Framework required by the internal policy framework and applicable regulations:

- Coordinate the update of the Quarterly Risk Dashboard and report to the Management Committee and ERGO Group Risk Management;
- Coordinate review and maintenance of the overall Risk Inventory, including link to the risk appetite of the company;
- Conduct ad-hoc risk analysis / investigation when required.

2. Contribute to the elaboration and implementation of a sound Operational Risk framework (including among others):

- Perform the annual Operational Risk Scenario Analysis;
- Coordinate update of the Operational Risk Event loss database and reporting related to it.

3. Contribute to the review of the internal control system (e.g. Risk & Control Self-Assessments (RCSA’s)) of ERGO Insurance N.V.:

- Collaborate on process risk reviews and control enhancements;
- As well, collaborate on the documentation of risk processes.

4. Maintain and refine the Cyber Security and Business Continuity Management Frameworks.

5. A keen eye for efficient implementation of controls on business process & our own reporting processes

6. Assist in regulatory reporting tasks as ORSA, RSR, SFCR.

7. Assist review of Risk Management norms.

Under supervision from the Head of the Risk Governance & Reporting team and/or other experts within the Risk Governance and Reporting team, your work will require field collaboration with other staff within control functions such as Risk Management, Actuarial Function, Internal Audit and Compliance Function. You will also have contacts with first lines business departments and other support functions.
- We are open to junior as well as more experienced profiles. Depending on your seniority, you will be fully guided or have full responsibility on your assigned tasks. The complexity of your assignments will vary._

Internal and External Contacts - Hierarchical Position:
Internal contacts:

- Colleagues from Risk Management, Internal Audit, Compliance Function, ISO, DPO, etc.;
- Representatives from “first lines of defence” e.g. business departments and support functions.

External Contacts:

- Risk Management employees of ERGO IRM (Integrated Risk Management in Düsseldorf);
- DKV Belgium colleagues.

You report directly to the Head of Risk Governance & Reporting.

Contribution to Operating Results:
As Operational Risk Manager you help safeguard the controls put in place to ensure the company is not exposed to sudden unacceptable losses. You do so by monitoring risk evolutions in our process and the sector as well as advising on the most efficient control framework to ensure the risks we are exposed to remain within our appetite.

Additional Requirements (background, competencies):
You have the following capabilities and qualifications:

- A master degree or equivalent through experience.
- Fluent in English (both spoken and written), and preferably knowledge of French or Dutch.
- Prior work experience in a control environment or similar (Risk Management, Audit, Compliance), preferably in the Financial Service Industry, is a strong asset.
- Communication skills: producing written reports and establishing clear and concise communication with work colleagues and other departments.
- The ability to look beyond figures alone / insight into the company / to see the way various factors connect.
- Knowledge of the key processes and operational procedures in a life insurance company, is a big asset.
- Team-player, but also able to work independently to complete a task successfully.
- Taking initiative and driving for results.
- Great eye for detail.
- Good knowledge of MS o


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