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Senior Manager, Technology Risk Reporting
Great-West LifecoIrelandfull_timeVerifiedPosted 12 Jul 2024
About the role
<p>Canada Life Group is the top-level European holding company for the Great-West Lifeco’s European insurance, reinsurance, and asset management companies, with business operations in the UK, Ireland, Germany, and the Isle of Man.<br/>
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European Technology sits within Canada Life Group and encompasses the technology community across all European entities - Irish Life Group, Canada Life UK, Canada Life Europe as well as Central Technology Services - Europe. European Technology supports the business strategy and collaboration of technology across all European divisions. There are multiple IT units within European Technology, each of which has its own individual set of technology platforms. </p>
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<p>European Technology is at an important stage in its evolution. There is a need to bring market leading speed, agility, cost efficiency and risk mitigation to enable the delivery of strategies across the European businesses. To respond to and meet this challenge a new strategy and enabling organisation is being created.</p>
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<p>With today’s heightened awareness of the need for anticipating and managing risks in an ever more dynamic and uncertain environment, boards, audit, risk and compliance committees and senior executives are striving to better understand the broadest range of their actual or potential risk exposures and the effectiveness of their governance, risk, and compliance infrastructure. <br/>
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<h2><b>Job Purpose</b></h2>
<p>Reporting to the Head of Technology Risk Management, Europe, this is a pivotal role within the first line European Technology Risk and Security Team which is a new function of the Office of the CIO, Europe. This new role will lead creation of a Centre of Excellence for technology risk reporting, responsible for co-ordination of dynamic, insightful and intelligent risk reporting for European Technology to provide the key decision makers with timely and robust understanding of the risk profile and the associated impact on IT strategic objectives. </p>
<p>The role will involve significant senior relationship and stakeholder management across multiple lines of business in Europe and Lifeco.</p>
<h2><b>Key Accountabilities</b></h2>
<p>• Development and implementation of European Technology risk reporting, leading co-ordination of consistent high - value quality reports that provide both a transparent European Technology view of the technology risk profile and a business line position. <br/>
• Ensure quality, accurate and complete reporting, providing oversight and challenge. Act as an escalation point for issues.<br/>
• Oversight and management of European Risk Technology Risk Committee calendar, agenda and Terms of Reference<br/>
• Timely preparation of risk material for the regular European Technology Risk Committees, Board meetings and LifeCo that facilitates good risk management conversations and supports decision making through clear, simple articulation of the risk position.<br/>
• Timely preparation of risk material to support creation of regular regulatory updates.<br/>
• Ensures the function is meeting its reporting obligations.<br/>
• Develops and manages efficient and effective processes for the collation, aggregation and analysis of risk data to produce useful and insightful information to assist risk-based decision making.<br/>
• Proactively encourages businesses and Central Technology Services (CTS) to adopt standard reporting templates, branding and best practices.<br/>
• Regular reporting of risk metrics KRIs, KCIs and KPIs, providing trend analysis.<br/>
• Drive consolidation, enhancement and improvement of European Technology risk reporting metrics.<br/>
• Manage and maintain the infrastructure and design associated with the risk metric reporting automation ensuring the infrastructure in place supports the ongoing delivery of quarter-end/month end automated reporting by line of business, in line with agreed timelines and expected output. Actively identify opportunities for further automation across our risk metrics.<br/>
• Risk appetite reporting to demonstrate how European Technology is managing technology risk in line with agreed risk appetite.<br/>
• Control design and effectiveness reporting to provide an accurate and transparent view of the technology control landscape using a risk-based approach.<br/>
• Leads on / works with others to provide guidance on presentations and scripts for Risk Leadership presentations to ensure key messages are delivered to internal and external stakeholders.<br/>
• Engagement with senior stakeholders to gather and evolve reporting requirements in line with business needs.<br/>
• Continuous improvement, driving the integration, automation and streamlining of existing reporting produced by the Technology Risk Management Team to drive efficiency.<br/>
• Leads activity to drive efficiencies in collation and reporting of risk data. <br/>
• Rai
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