ENTERPRISE RISK MANAGEMENT (ERM) OPERATIONS & SYSTEMS EXECUTIVE /  C.I.O.

Galen Technology is engaged in an executive search for Chief Information Officer / Systems Executive with in-depth Enterprise Risk Management  (credit, market & insurance risk)  within the insurance and/or capital markets risk management field.  The selected candidate will have successful   track record performing similar role in a large distributed global environment.  The following disciplines, business and technical skills are required. This full time position will be based in New York City and require occasional international travel. 

Job Title:                             ERM Executive   / C.I.O. 

Job Description:        ENTERPRISE RISK MANAGEMENT (ERM) OPERATIONS & SYSTEMS EXECUTIVE

Executive responsibility for IT, Operations and Internal Controls across all Enterprise Risk Management functions

·         Manage technology and operations supporting capital markets (credit, risk and market risk), insurance risk (catastrophe, premium, and underwriting), and operational risk measurement, control.  Support capital planning and analysis.

·         Build and maintain a robust, scaleable and flexible IT infrastructure that meets the needs of the risk functions. Constantly evaluate technological developments and their relevance to the business.

·         Deliver consistent achievement of performance targets, ensure the business is underpinned by tight operational disciplines and effective management controls

·         Ensure effective information security, data integrity and business continuity planning

·         Recruit, develop and motivate a highly qualified team of 50 professionals in New York, with an additional 30 professionals in Chennai through outstanding leadership; inspire strong performance among colleagues and subordinates

·         Enhance and continue to build Quality, Change and Project management capabilities

·         Maintain appropriate controls around processes to meet risk management and Sarbanes-Oxley compliance objectives

Skills Profile:                                         

·         Broad experience of applying operational and technical knowledge to deliver business improvement.  Acknowledged as a thought leader combined with strong analytical ability and conceptual awareness to understand complex business dynamics.

·         Risk focused, with strong ability to diagnose areas of risk and develop and implement effective risk mitigation strategies

·         Excellent negotiation and persuasion skills.  Dynamic, effective communicator at all levels, in both structured and non-hierarchical, informal structures

·         Strong change orientation, personally highly credible and a strong self starter.  Ambitious and flexible with well honed team skills and strong personal values

·         Drive effective working relationships at all levels, including clients executive team and external firms

·         Manage and plan for large-scale technology change in a dynamic environment

·         Demonstrated experience in sponsoring, managing, and monitoring the execution of major projects with broad institutional impact

·         Experience in promoting a strong service orientation

·         Ability to foster a collaborative and team building environment

Suggested Experience:

·         10 or more years of executive management experience in controlling business operations and/or information technology.

·         Minimum of 7 years in insurance and/or capital markets risk management (with some experienced evidenced in market, credit, and insurance risk (catastrophe, premium, underwriting)

·         Experience with one or more industry-standard risk platforms (eg: Algorithmics, Aon Benfield, EMB, FactSet, Misys, Sungard, Towers Perrin, etc.).

·         Demonstrated business knowledge in the credit, market and insurance risk.  Knowledge of economic capital principles is highly desirable.

·         Global experience a strong plus (particularly European insurance experience).

·         One or more certifications (such as the European “Management of Risk” or the FSA “Certified Risk Management”) also a strong plus.

·         Strong orientation in Financial Services with significant practical working knowledge of capital markets required; specific experience in pricing/valuation functions is highly desirable

·         Experience with managing liquidity risk, including funding and asset/liability management desirable

William E. Nelson 

GALEN TECHNOLOGY SOLUTIONS, INC.

New York City Office

55 Broadway, 8th Floor

New York, NY 10006

New  Jersey Office

25A Hanover Road, Suite 340

Florham Park, NJ 07932

973-805-7010 Direct

wnelson@galentechsolutions.com