Operational Resilience Analyst
Cardiff
- Full time
About the job
This vacancy has now expired. Please see similar roles below...
"We have an exciting opportunity for someone to join The Operational Resilience Department as a Third-Party Operational Resilience Analyst. The role will be to help shape and drive Admiral’s Third-Party readiness and BAU activities as part of the Operational Resilience regulation.
This is a varied and exciting role for someone who has existing knowledge of the business but wants to gain further experience and develop their career at the forefront of a new and emerging financial services regulatory area.
About the team
In March 2021, the FCA and PRA published several Supervisory Statements outlining their expectations for the operational resilience of Firms’ Important Business Services. The objective of those statements is to ensure that Firms, Financial Market Infrastructures, and the financial sector can prevent, adapt, respond to, recover, and learn from operational disruptions. Admiral now has until March 2025 to demonstrate to the regulators its Important Business Services, and the Third Parties we use to deliver them, are fully resilient.
As an Analyst you will play an essential role in coordinating and supporting the continuous development, embedding and management of the Operational Resilience requirements for Third Parties used by EUI to deliver its Important Business Services.
Although experience in areas such as procurement, third-party management, compliance or risk would definitely be advantageous, it’s not essential for the right candidate. A proactive, ‘can do’ attitude, solutions focussed mindset and a willingness to learn is also important.
The role will require you to work closely with, and influence, a broad range of stakeholders at different levels and across many departments to understand and analyse Third Party dependencies and Operational Resilience needs across EUI.
Working diligently to support the 12 Important Business Services (IBS) within and understand their reliance on Third Parties, Systems and Applications to deliver these services, whilst ensuring processes and controls are in place to assure, they are resilient. You will instil best practice to ensure continuous compliance to regulations, and internal policies, through analysis and embedding governance standards.
Key Responsibilities
Responsibility and ownership of assigned areas and Third-Party requirements. In addition, to the below, you will be expected to assist the team in delivering against our wider objectives and 8 steps of resiliency, as necessary.
- Production of Third-Party Resilience Framework, to set requirements in line with regulation.
- Creation of standards and expectations for Third Parties and Contract/ Supplier Owners, in line with regulation.
- Aid Group Procurement to facilitate the integration of Operational Resilience Third-Party Framework requirements into the EUI Procurement and Outsourcing Framework and procedures. Including, training materials.
- Aid Group Procurement and EUI business areas to implement and embed Third-Party resilience requirements in line with the regulation.
- Create and oversee the Third-Party Operational Resilience MI Dashboards and ensuring all data is collated accurately and on time.
- Ensuring Third Party dependencies for all Important Business Services are understood and documented. Including regular review of service maps, impact tolerances and recovery times etc.
- Review change activity across the business to assess and understand potential Third Party and Operational Resilience impacts.
- Engaging and working collaboratively with multiple departments & stakeholders of all levels, across the business (such as Claims, Ops, Digital, Household and Travel).
- Leading activities and discussions, to support the business and ensure all requirements/ best practise are being met and actions are completed.
- Tracking Third Party vulnerabilities to ensure they are remediated as soon as possible and proactively identifying new ones that need to be addressed or controls assigned to mitigate.
- Ensuring the Operational Resilience MI packs for Third Parties are prepared, internally reviewed, and submitted to the Operational Resilience Committee in a timely manner.
- Supporting the relevant governance committees and forums that govern the function; the relevant MI exists to demonstrate effective management and oversight of Third Parties, ensure all reporting information is disseminated and collated as required.
- Support the production of annual self-assessment of Third-Party operational resilience work performed within the Operational Resilience area.
- Engage with EUI Risk on the identification, monitoring, managing, and reporting of Third-Party emerging risks/ environment scanning that can affect the firm’s operational resilience.
- Facilitation and performance of scenario testing across Third Parties to assess current state and identify vulnerabilities that feed the ongoing remediation plans.
Interview Process
One stage interview.
Salary, Benefits, and Work-Life Balance
We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.
At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.
All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.
You can also view some of our other key benefits here.
- Full time
- Business Support
__jobinformationwidget.freetext.LocationText__
Cardiff
What areas do you look after?
I recruit for positions in the Pricing/Data area.
Tell us about you and your Admiral story?
I started working for Admiral in 2012 as a Customer Service advisor where my focus was customer queries and policy changes. I was keen to expand my knowledge within the company and worked for our Telematics area, closely followed by the Data Validations team. I knew I wanted to progress within this growing company and developed into an Assistant Team Manager in our Customer Loyalty department. Within a year I evolved into a Team Manager and continued this role for 5 years. I later had the opportunity to manage a team within our Complaints department where focus was based on customer outcomes and FCA guidelines. People and talent have always been my passion, which has led me to my current position in Recruitment which I started in 2023.
Why would you recommend Admiral?
Admiral’s philosophy is ‘People who like what they do, do it better’. This company certainly stands by this and in my 11 years here, I have been supported, guided and looked after.
The flexibility and work/life balance this business offers still blows me away and I can’t imagine working anywhere else.
Another area that stands out to me is the reward and recognition focussed on staff. I have attended numerous awards, updates and ceremonies that celebrates departments and the people who work in them.
I couldn’t recommend Admiral enough!
Related jobs
Salary
Location
Cardiff
Job Type
Full time
Location
Cardiff
Brand
Admiral Group
Department
HR
Office address
Tŷ Admiral, David Street, Cardiff, CF10 2EH
Description
Are you passionate about attracting and retaining top digital talent? Have you got either Agency or In-House Recruitment experience? Are you creative with using different sourcing techniques to attrac
Reference
10506
Expiry Date
01 Jan 0001
Vacancy managed by
Abi TaylorVacancy managed by
Abi TaylorSalary
Location
Cardiff
Job Type
Full time
Location
Cardiff
Brand
Pioneer
Department
Veygo
Office address
Capital Tower, Greyfriars Road, Cardiff, CF10 3AZ
Description
At Veygo our world is learner and temporary pay-as-you-go car insurance. We know people's lifestyles are changing and our pay-as-you-go insurance provides our customers with flexible cover by the hour
Reference
10638
Expiry Date
01 Jan 0001
Vacancy managed by
Meg EvansVacancy managed by
Meg EvansSalary
Location
Remote
Job Type
Full time
Location
Remote
Brand
Admiral Group
Department
Claims, Household
Office address
Remote
Description
The Admiral Repair Network (ARN) Lead plays a pivotal role in overseeing and enhancing the performance of the ARN within the Household Claims function. This role ensures that supplier partnerships ali
Reference
10433
Expiry Date
01 Jan 0001
Vacancy managed by
Dacey ColeVacancy managed by
Dacey ColeOur Benefits
Admiral employees work hard to keep us at the top of our industry, and are rewarded for it—with competitive pay, a share package, career growth and development opportunities and some other great benefits, too!
People who like what they do, do it better.
Be You
Financial & Mortgage
Advice
24-Hour
Ecare
Cycle to Work
Scheme
Annual Holiday
Allowance
Flexible
Working
Simply
Health
Private Health
Cover
Critical Illness
Cover
Grow & Progress
Learning and
Development
Educational
Sponsorship
Accredited
Qualifications ILM
iLearn
Online Learning
Buy a Book
Scheme
Developmental
Coaching
Port of
Calls
Internal
Mobility
Make a Difference
Groups and
Societies
Socials and Team
Days Out
Multi Faith / Quiet
Rooms
Admiral Community
Fund
Give as You
Earn
Awards and Star
Lunches
Corporate Social
Responsibility
Impact
Hours
Share In Our Future
Share
Schemes
Refer a Friend
Bonus
Colleague and Family
Insurance Discount
Group Life
Assurance
Pension
Scheme
Life Event
Loan
Tickets to Sponsored
Events
Tusker Salary
Sacrifice