FBD Group FBD Group FBD Group FBD Group


Operational Risk Specialist

Ref: 19-R-090

Department: Risk

Location: FBD House, Bluebell, Dublin 12

Experience: See Description

Job/Role Overview:


Job Title:

Operational Risk Specialist

Reporting to:

Chief Risk Officer

Direct Reports:



Permanent / Full time


Dublin / FBD Head Office

Minimum Experience

Minimum 3 years’ experience in the Financial Services Industry (preferably General Insurance). Experience working in a Risk or Internal Audit function is an advantage.


Third level degree preferably accounting, finance or compliance related discipline


The Risk Function has independent oversight of the enterprise risk management activities in FBD including identifying, assessing, measuring and reporting existing and emerging risks. The Operational Risk Specialist is responsible for the day to day implementation of the operational risk work plan and providing risk advice and support to the business functions. The Operational Risk Specialist plays a leading role in the embedding of the risk management framework throughout the organisation.

Key Responsibilities:

Job Duties for the Operational Risk Specialist

  • Continuous implementation of the Risk Management Framework;
  • Review and challenge of quarterly Risk and Control Self-Assessments (RCSA) returns to determine impact on the Company’s risk profile;
  • Facilitate workshops to identify, evaluate and manage key risks and emerging risks facing the organisation;
  • Conduct targeted control reviews in business areas;
  • Monitor the business implementation of, and compliance with Board approved Risk Policies;
  • Work with each business area to design and implement Risk Mitigation Plans where required;
  • Contribute to the Own Risk and Solvency Assessment (ORSA) process and other regulatory/statutory reports as required;
  • Contribute to the production of high quality reports for the CRO and Risk Committees;
  • Support the embedding of a strong risk culture in FBD;
  • Support risk management education and training within FBD;
  • Provide day to day advice and direction to all business and support units on risk management matters;
  • Support external reviews as required.

Ideal Candidate:

Qualifications / experience for the Operational Risk Specialist


Personal Skills for the Operational Risk Specialist


This role is being offered on a 12 month fixed term contract.


Applications with full Curriculum Vitae quoting reference, ‘19-R-090 Operational Risk Specialist’ should be sent to jobs@fbd.ie