Risk and Regulatory Programme Director
Aon are currently recruiting a Risk and Regulatory Programme Director to join our team in London. The Director will work closely with and support the CRO, Head of Compliance and Head of ERM across a portfolio of risk and regulatory programmes.
Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.
About the Role
As a Risk and Regulatory Programme Director some of your key responsibilities will involve:
Deliver Regulatory Programme/s
It is the responsibility of the Regulatory Programme Director to own the development and delivery of a regulatory program, from initial scoping and plan build to resourcing mgt, budget oversight and ultimate full implementation.
- Ownership - Full programme life cycle ownership: successful project delivery will include full implementation from initiation to deployment and close down
- Stakeholder mgt – Manage internal and external stakeholders, ensuring that all parties understand the shape and deliverables of the regulatory programme and are fully a supportive of the scope, approach, implementation cycle and ultimate end deliverables
- Multiple projects - Manage all aspects of multiple related projects to ensure the overall programme is aligned to and directly supports the achievement of strategic objectives
- Plans – Oversee and shape estimates and detailed project plan for all phases of the project
- Success Criteria – Define and guide the success criteria and disseminate them to involved parties throughout project and programme life cycle
- Resources – Manage and mentor resources to achieve project objectives in planned timeframes and have oversight of the day-to-day project activities, resources.
- Interdependencies - Understand interdependencies between operations, technology and business needs
- Skilled Person Review - To manage and risk mitigate any all required engagement for any possible Skilled Person Review.
- Possible 166 / Enforcement prevention / risk mitigation – To proactively identify all possible business areas that could generate regulatory scrutiny and ensure that suitable risk mitigation is put in place in advance of any regulatory enquiry / probing. In the unlikely event of any possible 166 / enforcement process being initiated, undertake suitable rectification actions and manage the regulator and Aon senior stakeholders through the process to a successfully risk managed outcome.
- Scope – Advise and oversee the project scope and change request process.
- Quality - Act as an internal quality control check for the programme, controlling ongoing quality control and participation in quality issue resolution
- Suppliers – Oversee the work with internal and external suppliers to define the Statement of Work and Specifications for the requested solutions and services
- Engagement – Monitor and control all aspects of project and program engagement from planning, external vendor relationships, communications, resources, budget, change, risks and issues
- Control - Ensure that projects and programmes are proceeding according to scope, schedule, budget and quality standards. Monitor, track and control outcomes to resolve issues, conflicts, dependencies and critical path deliverables
- Issues & Risks - Oversee project and programme issues and risks to mitigate impact to baseline, escalating to senior management as required.
Set realistic and practical goals for the programme and develop appropriate strategies for achieving these goals. Provide coaching and guidance to the team members about every aspect of the project so that the team members can understand their tasks fully and act on them efficiently. Develop tools and techniques for distributing tasks according to the skills of every team member and to evaluate the performance of all team members.
- Coaching - Provide on-site leadership for project team by building and motivating team members to meet project goals, adhering to their responsibilities and project milestones. Coach, mentor, motivate and supervise project and program team
- Delegate - Set and continually manage project and program expectations while delegating and managing deliverables with team members and stakeholders. Delegate tasks and responsibilities to appropriate personnel
- Reviews - Monitor the performance of staff and input into performance reviews and development planning
Ensure that effective, concise and appropriate documentation and reporting is completed.
- Status Reporting – Oversee and quality check status reporting regarding project milestones, deliverable, dependencies, risks and issues, communicating across leadership. Determine the frequency of status reports from the project and programme team, analysing results and troubleshooting problem areas
- Project Documentation – Monitor and guide progress reports, proposals, requirements documentation and presentations.
- Success – Ensure robust project success criteria results, metrics, test and deployment management activities
Keep an eye of latest strategies, tools and terminologies used in project management worldwide.
- Good Practice - Participate in establishing practices, templates, policies, tools and partnerships to expand and mature these capabilities for the organization.
- Problem Solving - Work creatively and analytically in a problem-solving environment demonstrating teamwork, innovation and excellence
- Functional Acumen - Demonstrate a functional acumen to support how solutions will address client goals while maintaining alignment with industry best practices
- New Solutions - Participate and/or drive feasibility studies, vendor selections and proposals for evaluation by appropriate key stakeholders
- Professional Development - Continue in order to keep abreast of emerging technologies, methods and best practices
Develop and execute an efficient internal communication strategy for ensuring communication with all levels of stakeholders.
- Trusted Advisor - Identify and develop trusted adviser relationships with project and programme stakeholders and sponsors
- Communications - Deliver appropriate and effective business and executive level communications
- Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
As a Risk and Regulatory Programme Director your skills and qualifications will ideally include:
- Degree level or equivalent experience
- Project management (e.g. PRINCE2, PMP) certification
- Good understanding of the insurance and broking regulatory framework in place in the UK and its related knock on effects at an EMEA and Global level.
- Experience delivering large scale regulatory change programmes.
- Working creatively and analytically in a problem-solving environment demonstrating teamwork, innovation and excellence
- Process mapping, lean methodology and operational improvement implementation experience
- Use of MS Project, Visio, Word, Excel and PowerPoint to an advanced level
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.
We’re happy to talk flexible working. If you need to flex your working pattern, Aon offers flexible and agile working policies and we’re happy to discuss options with you upon application