Associate Consultant, Operational Risk & Controls

Gurgaon, Haryana, India

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. Operational Risk & Control has a mission to help Operations Management effectively identify and manage key operational risks through implementation of an integrated internal control framework and risk management strategy across Operations. Our aim is to support Operations colleagues through targeted, risk prioritized, control activities focusing resources on areas where risk is higher and ensure the value of control efforts is maximised.

What You'll Be DOING

What will your essential responsibilities include

• Supporting all Middle Office teams in their successful compliance with best practice internal control standards and regulatory requirements (also known internally as Internal Financial Controls ('IFC')), including executing follow-up and tracking procedures.
• Providing key support for Operational Risk activities, particularly monthly Dashboard reporting to Middle Office management.
• Responsible for the operation of and reporting on centralized controls for Middle Office and ESS, such as payment authority levels, write off limits, segregation of duties for system access etc.
• Scoping, testing, and assessing changes to existing IFC or other control reports whether driven by user request, changes in business processes / systems or external environment e.g., legal entity changes. Key responsibility for data testing, reconciliation, and documentation.
• Responsible for maintaining Business Process Documentation for IFC and other centralized controls and ensuring timely completion / sign off by stakeholders.
• Supporting Middle Office colleagues in their use of key control tool, including managing accesses, updating team structures and training.
• Participating in and providing support to risk monitoring and control related activities for any processes within Operations functions as required.
• Providing collaborative support and training on day to day activities for less experienced team member(s).

You will report to Operational Risk & Control Lead.

What You Will BRING

We're looking for someone who has these abilities and skills :

Required Skills And Abilities

Desired Skills And Abilities

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re / insurance, we reinvent it.

How By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.

Learn more at axaxl.com / about-us / inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called 'Roots of resilience', focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

For more information, please see axaxl.com / sustainability.

Skills Required

Analytical Skills, Data Handling, Operational Risk, Microsoft Office, Excel