What are the responsibilities and job description for the Head of Operational Risk and Internal Control position at AXA?
The Internal Controller of North America plays a critical part in monitoring an effective risk and control framework within North America and supporting risk and control management. This person will also be responsible for independently challenging and verifying the design and operating effectiveness of the control environment, as well as quantifying and qualifying major risks and overseeing action plans.
As an integral part of the Second Line of Defense, in line with the AXA Group Internal Control Policy, the successful candidate will work collaboratively across AXA Partners with local, regional, and central Group teams, ensuring a One AXA approach. Additionally, effective communication of internal control performance to stakeholders of varying seniority will be a key responsibility, along with occasional travel to either the Montreal or Chicago office, and potential limited travel to Europe. If you are passionate about contributing to a robust risk and control framework and possess the necessary collaborative and communication skills, we encourage you to apply and be a part of our global team.
Key activities :
- Review and validate the Operational Risk Assessment and monitor the major risk profile in North America.
- Provide support to control owners and perform control testing for design adequacy and operating effectiveness.
- Deliver adequate reporting on control deficiencies for appropriate escalation and action plan implementation.
- Regularly follow up on open action plans, providing support and challenge to action plan owners and reviewing evidence for closure.
- Enhance local risk culture and improve management's understanding of risks and the internal control environment.
- Collect information on local operational incidents, ensure root analysis is completed, and drive local compliance with AXA Group Standards and AXA Partners policies and procedures.
