Swe Assistant Risk Manager

Il y a 3 mois


Luxembourg Lloyds Banking Group Temps plein

End Date

Tuesday 17 September 2024

Salary Range

£0 - £0

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Job Description Summary


Job Description

Role: SWE Assistant Risk Manager

Grade: Band D

Location: Luxembourg

About Scottish Widows Europe

Scottish Widows Europe (“SWE”), a subsidiary of Scottish Widows L.P., was established in Luxembourg to ensure continuity of servicing for its existing EU business after the UK’s exit from the EU, and is authorized to conduct life insurance business in Europe.

The portfolio of SWE is largely represented by with-profit policies (but also includes unit-linked policies), originally sold through the Clerical Medical Brand. The portfolio has c.€2 billion assets, with approximately 50,000 policyholders. Since March 2019, the business has been run from Luxembourg, and via its German branch. SWE relies on outsourcers to provide policyholder service and administration.

SWE is part of Scottish Widows, a 100% subsidiary of Lloyds Banking Group (“LBG”) and a strong life and pension company in the UK. Its product range includes life assurance, pensions, investments and savings. The company has been providing financial services to the UK market since 1815. The company sells products through independent financial advisers, direct to customers and through LBG bank branches. Scottish Widows employs around 3,000 people.

LBG is a leading UK based financial services group providing a wide range of banking and financial services, passionate about personal and commercial customers. The main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. Services are offered through well-recognized brands including Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows, and a range of distribution channels.

About the Role

We have an outstanding opportunity for you to join SWE, a diverse and inclusive team based in Luxembourg, and to work in an international and informal environment. Note that this Assistant Risk Manager role is embedded within the business and will report to the SWE Chief Operating Officer based in Luxembourg.

The role includes all aspects of the management of Regulatory/Prudential, Conduct and Operational risks for the run-off of the business of SWE, including periodic reviews of recurrent activities and oversight of non-recurrent projects.

Accountabilities will include

You will
- Be the supporting the overall owner of the risk management function for both conduct (including AML-CTF) and non-financial (including operational) risks,
- Contribute to the development of a risk culture that demonstrates our values and awareness of the importance of aligning with our risk appetite framework, policies and statements, meets and exceeds our goals for treating customers and all other stakeholders fairly, facilitates the delivery of customer, shareholder and colleague objectives,
- Report into SWE COO (with a dotted line into SWE Chief Risk Officer (“CRO”) to ensure your independence in performing your risk management function and, where necessary, to contribute to the drafting of prudential reports) and assist them in:

- Manage and support project activities, including risk identification, assessment and management in order to ensure they are delivered on time, within budget and scope and to quality expectations,
- Implement and improve SWE’s Risk Management Framework (“RMF”),
- Monitor overall adherence of SWE to this RMF, corresponding risk management policies / statements and associated requirements,
- Provide timely and accurate core and dynamic risk reviews / enquiries,
- Oversee, monitor and challenge risk control self-assessments (including Continuous Product Monitoring of Customer Fair Value in the context of the Product Risk Evaluation Process), use-test surveys, etc, both within and outside the Company / Group,
- Give SWE and LBG colleagues of the Insurance, Pensions and Investments Business Unit (“IP&I”) feedback on risk management performance within SWE operations and outsource providers by sample checking self-assessments, risk events/losses and promoting the timely and accurate reporting of risk data,
- Analyse the data received on both dynamic and emerging risks that you help identify,
- Undertake and lead the preparation and delivery of monthly and quarterly reports to SWE Management Committee and Board of Directors to provide them with early warnings on issues and risks identified,
- Interpret upcoming regulations and internal Group requirements in order to support the development of appropriate strategies to manage, monitor and control risk,
- Where necessary, liaise with and notify the Company's CRO and relevant IP&I colleagues,
- Suggest and deliver, where appropriate, practical actions to protect SWE’s business at all times as well as advice and guidance to remedial actions and a


  • Disputes Lawyer

    Il y a 3 mois


    Luxembourg Lloyds Banking Group Temps plein

    End Date Tuesday 17 September 2024 Salary Range £0 - £0 We support flexible working - click here for more information on flexible working options Flexible Working Options Job Description Summary Job Description Role: Disputes Lawyer Grade: Band E Location: Luxembourg About Lloyds Banking Group (“LBG”) Scottish Widows Europe, a subsidiary...

  • Threat Manager

    Il y a 5 mois


    Luxembourg AT-RISK International Temps plein

    **DESCRIPTION** The Workplace Incident Management (WIM) Threat Manager is part of the Corporate WIM team and is responsible for supporting Corporate WIM across Europe, the Middle East. The Threat Manager will assess physical security threats and conduct workplace investigations related to threats of violence, suicidal ideation, physical and verbal assault,...


  • Luxembourg KPMG Temps plein

    **Find your purpose at KPMG Luxembourg** We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax...

  • Senior Adviser

    Il y a 5 mois


    Luxembourg KPMG Temps plein

    **Find your purpose at KPMG Luxembourg** We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax...


  • Luxembourg City Forvis Mazars Luxembourg SA Temps plein

    We are looking for high-potential, multi-skilled talents to develop our Consulting team and support our growth with clients. Your objectives and level of responsibility (client portfolio, project complexity, involvement in operations steering) will be adapted according to your experience and background. Manage our multi-disciplinary teams and our delivery...


  • Luxembourg KPMG Temps plein

    **Find your purpose at KPMG Luxembourg** We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax...

  • Aml/ Kyc Analyst

    Il y a 3 mois


    Luxembourg Lloyds Banking Group Temps plein

    End Date Tuesday 17 September 2024 Salary Range £0 - £0 We support flexible working - click here for more information on flexible working options Flexible Working Options Job Description Summary We have an outstanding opportunity for you to join SWE, a diverse and inclusive team based in Luxembourg, and to work in an international and informal...

  • Risk Assistant

    il y a 1 mois


    Luxembourg Kronospan Temps plein

    **Intitulé du poste**: Risk Assistant (F/H) **Type de contrat**: Full-time **À propos de nous**: Chez Kronospan, nous sommes à la recherche de personnes talentueuses pour enrichir notre réussite collective. Nous cultivons une culture qui célèbre les compétences et stimule les idées novatrices. Saisissez l'opportunité de rejoindre une entreprise...


  • Luxembourg Bank of China (Europe) S.A. Temps plein

    M- Posted by - Mengxing Li- RecruteurAs part of Risk Management Department, the Market & Liquidity Risk team is responsible for assessing and monitoring the financial risks such as: Interest Rate Risk in the Banking Book (IRRBB) and Credit Spread Risk in the Banking Book (CSRBB); Liquidity Risk (2rd Line of Defence) ; Market Risk in Trading...


  • Luxembourg IQ-EQ Temps plein

    **Company Description** IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide. **Job Description** Onboarding**: During client onboarding, fund accounting assistant managers undertake...


  • Luxembourg Bank of China Luxembourg Temps plein

    **Company Description** As a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With 45 years of expertise and...

  • Risk Manager

    Il y a 6 mois


    Luxembourg Select Luxembourg Temps plein

    **Organisation and department description** Our client is a prominent financial institution, acknowledged for its proficiency and dedication in delivering top-notch solutions and services to clients across the globe. **Job description** Facing a constant growth, they are looking for a **Risk Manager.** The role will provide opportunities to gain experience...


  • Luxembourg KPMG Temps plein

    **Find your purpose at KPMG Luxembourg** We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax...

  • Risk Manager

    Il y a 5 mois


    Luxembourg Brown Brothers Harriman Temps plein

    What You Can Expect At BBH: If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and...

  • Risk Manager

    Il y a 5 mois


    Luxembourg Brown Brothers Harriman Temps plein

    What You Can Expect At BBH: If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and...


  • Luxembourg Amazon EU Sarl Temps plein

    Bachelor's degree or Project management and delivery experience - Experience in industry risk assessment and resilience processes The Senior Risk Manager (People Risk), leads a program that enables a comprehensive threat and risk management framework and the development of commensurate mitigation measures and capabilities to cope with various levels of...

  • Risk Manager

    Il y a 5 mois


    Luxembourg Findel Airport JLL Temps plein

    JLL supports the Whole You, personally and professionally. LI-DNI Without limiting the generality of the above, the scope of the role is broken into several key areas: Support the CO responsible for Risk Management in their work. Work with the CO responsible for Risk Management to ensure that the Risk Management function is “audit ready” at all...


  • Luxembourg KPMG Temps plein

    **Find your purpose at KPMG Luxembourg** We see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all. We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax...


  • Luxembourg Blackstone Group Temps plein

    Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include...


  • Luxembourg Blackstone Group Temps plein

    Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include...