Conning Holdings Limited
Vice President, Operational Risk Management
Conning Holdings Limited, Hartford, Connecticut, us, 06112
Vice President, Operational Risk Management page is loaded Vice President, Operational Risk Management Apply locations Hartford, CT time type Full time posted on Posted Yesterday job requisition id JR1072
Conning is a leading global investment management firm with a long history of serving the insurance industry.
We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis. Leads the development and implementation of risk management policies, delivering independent, end-to-end oversight of Operational Risk in alignment with Conning’s Enterprise Risk Management framework and, where applicable, parent company standards. Accountable for advancing strategic risk objectives, including optimizing insurance procurement, and serves as a risk advisory partner to Conning’s global subsidiaries and affiliates. Responsibilities Active member and contributor to Conning’s Enterprise Risk Management Committee responsible for aggregating, identifying and addressing Conning’s risk across the global organization. Set the strategic direction for the global Business Continuity and Resilience program. Sponsor cross-regional scenario planning and ensure the BCP framework evolves with the company’s risk landscape. Review results of global BCP testing at the executive level and guide enhancements to ensure operational continuity and crisis readiness. Perform strategic planning and focused reviews as required. Lead the annual SOC 1 audit Oversee vendor diligence procedures and risk assessments through the Third Party Risk Management Program Manage annual firm-wide insurance renewal process. Develop and oversee relationships with brokers, carriers, and act as liaison to in-house counsel. Secure the necessary insurance procured in the most effective manner globally at the best price and terms, without compromising the integrity of coverages in the areas of E&O, D&O, EPLI, ERISA, Cyber, General Liability and Property lines. Responsible for company accounting of insurance programs; insurance budget expenditures; and premium and loss forecasts. Drive enterprise-wide risk strategy by partnering with C-suite and senior executives to proactively identify emerging risks and strategic opportunities. Influence decision-making at the highest levels by delivering risk insights that shape business planning. Lead cross-functional risk governance, ensuring consistent, forward-looking updates to the enterprise risk register and integration of risk culture into business operations. Provide risk governance / audit expertise related with annual 206(4)-7 compliance audits and other regulatory exam evidence as needed. Support client and prospect due diligence request responses. Oversee the design and evolution of key reporting frameworks, including MORR (Management of Operational Risk Reporting) and loss/incident tracking, to inform executive decisions, regulatory readiness, and capital planning. Oversee annual Fraud-Self Assessment process Lead annual GDPR required firm-wide training exercise via Corporate Learning Center module Develop metrics to measure and track performance of targeted benefits which result from implemented risk improvement/cost reduction initiatives. Oversee the development and monitoring of Key Risk Indicators (KRIs) across business units to provide early warning signals of emerging risk trends. Ensure KRI reporting is integrated into enterprise dashboards and used proactively to influence business strategy, risk appetite calibration, and senior management action. Manage and measure performance of direct reports, including setting goals and measuring progress towards those targets. Serve as a trusted advisor and change agent, influencing across senior leadership to embed a proactive, data-driven risk culture while supporting continuous improvement in processes and controls. One direct report employee. Requirements Bachelor’s degree required; advanced degree (e.g., Master’s in Risk Management, Finance, Business, or related field) strongly preferred. 8+ years of progressive experience in operational risk, enterprise risk management, or internal audit within the asset management, investment advisory, or broader financial services industry. Demonstrated leadership of enterprise-level risk initiatives, including designing, implementing, and continuously improving risk frameworks, reporting structures, and governance models. Deep knowledge of risk assessment methodologies, control testing, KRI development, loss event reporting, and BCP frameworks, with hands-on experience integrating these into business operations. Proven success advising and influencing executive leadership, with the ability to translate complex risk concepts into clear, actionable business insights. Experience managing operational risk due diligence for M&A or strategic business transactions. Demonstrated capability in project management and cross-functional leadership, including the ability to drive large-scale risk or process improvement initiatives across global teams. Strong data literacy, with working knowledge of data visualization, statistical analysis, and familiarity with tools such as Tableau, Power BI, or Python. Experience with data-driven risk decisioning and automation initiatives is a plus. Preferred certifications: Certified Risk Manager (CRM), Certified Internal Auditor (CIA), Financial Risk Manager (FRM), or equivalent. High emotional intelligence and sound judgment under pressure; must be able to navigate ambiguity and crisis situations calmly and effectively. Exceptional communication and presentation skills, including experience presenting to boards, risk committees, and regulators. Conning is an equal opportunity employer. Our company embraces the principles of and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them. If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning'score values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.
About Us
Conning is a leading global investment management firm with a long history of serving the insurance industry.
We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.
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Conning is a leading global investment management firm with a long history of serving the insurance industry.
We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis. Leads the development and implementation of risk management policies, delivering independent, end-to-end oversight of Operational Risk in alignment with Conning’s Enterprise Risk Management framework and, where applicable, parent company standards. Accountable for advancing strategic risk objectives, including optimizing insurance procurement, and serves as a risk advisory partner to Conning’s global subsidiaries and affiliates. Responsibilities Active member and contributor to Conning’s Enterprise Risk Management Committee responsible for aggregating, identifying and addressing Conning’s risk across the global organization. Set the strategic direction for the global Business Continuity and Resilience program. Sponsor cross-regional scenario planning and ensure the BCP framework evolves with the company’s risk landscape. Review results of global BCP testing at the executive level and guide enhancements to ensure operational continuity and crisis readiness. Perform strategic planning and focused reviews as required. Lead the annual SOC 1 audit Oversee vendor diligence procedures and risk assessments through the Third Party Risk Management Program Manage annual firm-wide insurance renewal process. Develop and oversee relationships with brokers, carriers, and act as liaison to in-house counsel. Secure the necessary insurance procured in the most effective manner globally at the best price and terms, without compromising the integrity of coverages in the areas of E&O, D&O, EPLI, ERISA, Cyber, General Liability and Property lines. Responsible for company accounting of insurance programs; insurance budget expenditures; and premium and loss forecasts. Drive enterprise-wide risk strategy by partnering with C-suite and senior executives to proactively identify emerging risks and strategic opportunities. Influence decision-making at the highest levels by delivering risk insights that shape business planning. Lead cross-functional risk governance, ensuring consistent, forward-looking updates to the enterprise risk register and integration of risk culture into business operations. Provide risk governance / audit expertise related with annual 206(4)-7 compliance audits and other regulatory exam evidence as needed. Support client and prospect due diligence request responses. Oversee the design and evolution of key reporting frameworks, including MORR (Management of Operational Risk Reporting) and loss/incident tracking, to inform executive decisions, regulatory readiness, and capital planning. Oversee annual Fraud-Self Assessment process Lead annual GDPR required firm-wide training exercise via Corporate Learning Center module Develop metrics to measure and track performance of targeted benefits which result from implemented risk improvement/cost reduction initiatives. Oversee the development and monitoring of Key Risk Indicators (KRIs) across business units to provide early warning signals of emerging risk trends. Ensure KRI reporting is integrated into enterprise dashboards and used proactively to influence business strategy, risk appetite calibration, and senior management action. Manage and measure performance of direct reports, including setting goals and measuring progress towards those targets. Serve as a trusted advisor and change agent, influencing across senior leadership to embed a proactive, data-driven risk culture while supporting continuous improvement in processes and controls. One direct report employee. Requirements Bachelor’s degree required; advanced degree (e.g., Master’s in Risk Management, Finance, Business, or related field) strongly preferred. 8+ years of progressive experience in operational risk, enterprise risk management, or internal audit within the asset management, investment advisory, or broader financial services industry. Demonstrated leadership of enterprise-level risk initiatives, including designing, implementing, and continuously improving risk frameworks, reporting structures, and governance models. Deep knowledge of risk assessment methodologies, control testing, KRI development, loss event reporting, and BCP frameworks, with hands-on experience integrating these into business operations. Proven success advising and influencing executive leadership, with the ability to translate complex risk concepts into clear, actionable business insights. Experience managing operational risk due diligence for M&A or strategic business transactions. Demonstrated capability in project management and cross-functional leadership, including the ability to drive large-scale risk or process improvement initiatives across global teams. Strong data literacy, with working knowledge of data visualization, statistical analysis, and familiarity with tools such as Tableau, Power BI, or Python. Experience with data-driven risk decisioning and automation initiatives is a plus. Preferred certifications: Certified Risk Manager (CRM), Certified Internal Auditor (CIA), Financial Risk Manager (FRM), or equivalent. High emotional intelligence and sound judgment under pressure; must be able to navigate ambiguity and crisis situations calmly and effectively. Exceptional communication and presentation skills, including experience presenting to boards, risk committees, and regulators. Conning is an equal opportunity employer. Our company embraces the principles of and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them. If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning'score values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.
About Us
Conning is a leading global investment management firm with a long history of serving the insurance industry.
We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.
#J-18808-Ljbffr