Third Party Risk Manager, Aviva
£70k
+ Bonus opportunity
More information about location
Insurance, wealth and retirement business
Open for applications
Insurance, wealth and retirement business
1001+ employees
Open for applications
£70k
+ Bonus opportunity
More information about location
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
- Experience of operational risk management, including operational resilience
- Experience of working with third party suppliers
- Financial services background experience
- Successful record of building personal credibility and managing relationships with key stakeholders
- Strong written and verbal communication skills
What the job involves
- At Aviva we manage our risks to help proactively identify and control threats and vulnerabilities that could adversely impact the organisation and our customers. This includes managing risks and ensuring resilience throughout our supply chain
- In this role you will be required to develop and manage relationships with key customers in first, second and third line to help manage operational risk and deliver Operational Resilience and Third Party management practices in line with relevant regulatory obligations as well as provide oversight and challenge of the work of Aviva’s Procurement function and the Third-Party Risk managers who monitor the highest risk suppliers, their performance, and the effectiveness of their risk and control environment
- You will understand first line deliverables and priorities for Third- and Fourth-party operational risk management - review and challenge compliance with the framework (including risks and control management and adherence to policies and standards)
- Ensure that the key priorities and risks are managed appropriately
- Using your knowledge and experience you will be providing effective oversight and challenge of Third-Party operational risk and resilience activities, and relevant change initiatives, to ensure that supplier risks have been fully considered and agreed through appropriate governance as well as overseeing scenario testing as it applies to management of operational resilience risks in our Third and Fourth Parties and actively engage in relevant Third- and Fourth-party operational risk and resilience governance forums/committees with oversight of issues and control gaps remediation
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
Insights
Company
Company values
- Care
- Commitment
- Community
- Confidence
Company HQ
City of London, London, UK
Articles
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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