Operational Risk Reporting Analyst, Aviva
+ Annual performance bonus
3 days a week in office
Insurance, wealth and retirement business
Job no longer available
Insurance, wealth and retirement business
1001+ employees
Job no longer available
+ Annual performance bonus
3 days a week in office
1001+ employees
Company mission
With you today, for a better tomorrow. Aviva exist to be with people when it really matters, throughout their lives.
Role
Who you are
- This is a great job for someone who has knowledge of the asset management industry and the risks associated with this. This includes knowledge of financial instruments and a trade lifecycle
- Reasonable knowledge of risk events management
- Some knowledge of risk identification, measurement, management, monitoring and reporting practices across the asset management and other financial services sectors
- Some knowledge of the workings of the FCA and other global regulators, in particular an understanding of their key concerns and how this translates into their objectives in overseeing operational risk management
- Has a good appreciation of working globally and is sensitive to cultural diversity
- Hold relevant professional memberships to support role (not mandatory, but highly recommended)
What the job involves
- The Operational Risk Reporting Analyst works with the Risk Reporting team and the wider Operational Risk team to ensure that Aviva Investors continues to maintain a robust risk and control environment and meet its regulatory requirements
- Within the role you will support the Senior Analyst/Manager and Senior Manager in collating and preparing consolidated risk events reports and analysis, and also maintain the monthly Risk Reporting KRI dashboard
- Where exceptions are identified resulting in amber, red or material fluctuations, investigate the reason and obtain and challenge business proposed remedial actions for exceptions
- You will be required to support the Senior Analyst/Manager and Senior Manager in generating, reviewing and providing high quality and insightful incidents reports to clients or departments
- This includes having insightful conversations with internal and external stakeholders on incidents management
Salary benchmarks
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
Amanda Blanc
(CEO, not founder)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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