AVP, Senior Regulatory & Governance Risk Management Specialist

Everest•Warren Township, NJ

2d•Hybrid

About The Position

The AVP, Senior Regulatory & Governance Risk Management Specialist is responsible for supporting and strengthening the organisation’s enterprise risk governance, regulatory and operational risk management, and supervisory readiness. The role focuses on ensuring that risk governance frameworks, policies, and practices are robust, coherent, and aligned with regulatory expectations across group and legal entity structures. The role acts as a senior subject matter expert on regulatory risk governance, supporting engagement with regulators and internal stakeholders, and contributing to the ongoing development and embedding of the Enterprise Risk Management (ERM) framework with a focus on non-financial risks. The role will report into the Head of the Global Risk Hub and works closely with Group ERM leadership, senior executives, and regulatory stakeholders.

Requirements

Significant experience in enterprise risk management, risk governance, or regulatory risk within insurance, reinsurance, or broader financial services.
Strong understanding of regulatory expectations relating to ERM, risk governance, and non‑financial risks.
Proven experience developing, implementing, or enhancing risk frameworks, policies, and governance documentation.
Experience supporting senior management, executive committees, and Board‑level forums.
Strong analytical skills with the ability to interpret complex information and communicate it clearly.
Excellent stakeholder management and influencing skills, including interaction with regulators or supervisors.

Nice To Haves

Professional risk qualification (e.g. IRM, PRM, FRM) or comparable experience.
Experience operating in a group or multi‑jurisdictional regulatory environment.
Maintaining a deep understanding of frameworks such as Solvency II, NAIC regulations, BMA requirements, and other regional equivalent standards.
Exposure to supervisory college processes or group supervision regimes and experience navigating multiple regulatory environments simultaneously (e.g., US NAIC, UK PRA, CBI, Bermuda Monetary Authority, EU EIOPA, SG MAS).
High adaptability and cultural awareness to effectively manage operations and relationships across multiple global jurisdictions (e.g., North America, Europe, Bermuda, Asia-Pacific).
Strong judgement and independence of thought.
Comfortable operating in a complex, regulated environment.
Collaborative, pragmatic, and solutions‑focused.
Able to balance technical rigour with commercial awareness.

Responsibilities

Support the design, enhancement, and ongoing operation of the Enterprise Risk Management (ERM) framework in line with best practice and regulatory expectations.
Maintain and continuously improve group risk governance arrangements, including policies, standards, frameworks, and committee documentation.
Support effective risk ownership and accountability across business units and legal entities.
Act as a key point of contact for risk-related supervisory and regulatory requirements at Group level.
Support regulatory engagement activities, including supervisory reviews, regulatory submissions, information requests, and supervisory college preparations.
Monitor regulatory developments relevant to risk governance and ERM and assess their impact on the organisation’s framework and practices.
Support the development, maintenance, and embedding of the Group Risk Appetite Framework, ensuring clear articulation, monitoring, and reporting.
Contribute to periodic risk reporting to executive management, Board, and committees.
Support the ongoing enhancement of non‑financial risk frameworks, including operational risk, governance, and risk event management.
Contribute to risk assessments and thematic risk reviews to identify trends, root causes, and areas for improvement.
Promote consistent application of risk standards across business units and jurisdictions.
Act as a trusted risk and governance advisor to senior management and functional leaders.
Work collaboratively with Compliance, Legal, Finance, Internal Audit, and business teams to ensure an integrated approach to risk and regulatory governance.
Provide effective constructive challenge whilst enabling business objectives to be achieved within risk appetite.