Corporate Vice President, Operational Risk Management, Risk Policy and Governance

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Date: Aug 11, 2019

Location: New York, NY, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

Responsibilities

  • Manage the enterprise Operational Risk Management policy and framework
  • Develop and maintain Operational Risk policies and standards inventory and templates; establish and implement governance and maintenance strategy
  • Maintain and promote consistent Risk appetite statements, risk dashboards and taxonomies across the company; provide framework for business level Operational Risk appetite statements
  • Coordinate and lead efforts to align risk rating methodologies
  • Coordinate with other functions and programs within the Three Lines of Defense to develop an integrated assessment of risks across the company for senior management
  • Develop and help manage metrics and reporting across Operational Risk functions
  • Advance strategy to optimize and align programs and methodologies within ORM
  • Identify industry forums and related media that provide a strategic, holistic view to current and emerging trends, regulation, and best practices in Operational Risk; ensure that these are adequately addressed by  
  • Help promote a strong risk culture of integrity, transparency, accountability, collaboration and continuous improvement
  • Assist with development and rollout out of change management, training and communication programs

 

Knowledge/Experience

  • Accomplished professional with 6+ years of experience in risk, control, audit or compliance in an insurance company
  • Strong leadership in the development and implementation of comprehensive operational risk frameworks and governance
  • Demonstrable ability as a change agent, building and implementing new functions, processes, controls and disciplines through successful partnership across multiple functions and locations
  • Knowledge of COSO, ISO, Basel, COBIT, NIST and other relevant industry frameworks and standards
  • Understanding of insurance and asset management businesses, services, policies, procedures, regulations, systems, and technologies
  • Ability to drive results
  • Strong program/project management skills
  • Excellent communications, leadership, and presentation skills; ability to influence others
  • Ability to think strategically, critically, and logically
  • Ability to develop effective relationships across the firm, at all levels
  • Proactive self-starter with a strong work-ethic
  • Bachelor’s degree required, MBA or Masters preferred

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