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ORM Governance Analyst

Swiss Re Bangalore, India
Posted 7 hours ago Permanent Competitive

ORM Governance Analyst

Swiss Re Bangalore, India
ORM Governance Analyst
Are you passionate about shaping the future of risk governance? Do you thrive at the intersectionof policy design, stakeholder collaboration, and operational risk oversight? If so, this is youropportunity to make a meaningful impact at one of the world's leading reinsurance companies.

About the Role:

As an Operational Risk Policy Governance Analyst at Swiss Re, you will play a pivotal role inbuilding and shaping a central second line of defence (2LoD) policy governance capability forselected operational risks - including emerging and evolving areas such as AI, DataManagement, and Records Management. This is a unique opportunity to contribute to the designof clear, consistent, and effective policy frameworks that drive sustainable governance across theorganisation. You will work closely with first line teams and subject matter experts, bringingstructure, rigour, and insight to the full policy lifecycle - from architecture and guardrails throughto approvals, periodic review, and continuous improvement.

Key Responsibilities:

  • Develop and maintain policy architecture - design and evolve the structural framework forselected operational risk policies, ensuring clarity, consistency, and alignment with SwissRe's governance standards
  • Define policy requirements and guardrails - draft clear, concise, and practical policyrequirements that provide effective second line oversight and guidance to first line teams
  • Coordinate approvals and periodic reviews - manage governance processes end-to-end,ensuring timely approvals, structured review cycles, and accurate documentation
  • Support end-to-end policy lifecycle management and reporting - oversee the full lifecycleof policies from inception through to retirement, maintaining high-quality records andproducing meaningful governance reporting
  • Provide trusted second line oversight and constructive challenge - act as a credible andcollaborative partner to first line teams and subject matter experts, offering soundjudgement and independent perspective on governance matters
  • Engage and manage stakeholders across functions and seniority levels - build andmaintain strong professional networks, communicating effectively with both technical andnon-technical audiences
  • Contribute to continuous improvement - proactively identify opportunities to enhancepolicy governance processes, frameworks, and tools in a dynamic and evolving riskenvironment

About the Team:

The ORM Policy Governance team sits within Group Functions Risk Management (GFRM) at SwissRe. The team is responsible for building and maintaining a central 2LoD policy governancecapability for selected operational risks, working across the organisation to ensure that policyrequirements are clear, robust, and fit for purpose. The team collaborates closely with first lineteams and subject matter experts to promote consistent, sustainable governance across a broadrange of evolving operational risk topics - from AI and Data Management to RecordsManagement and beyond.

About You:

You are a detail-oriented, collaborative, and proactive professional with a genuine interest inoperational risk governance and policy design. You bring strong analytical and communicationskills, a structured working style, and the confidence to engage and challenge constructivelyacross all levels of the organisation. You are comfortable navigating complexity, managingmultiple priorities, and contributing meaningfully to a team that values knowledge sharing,curiosity, and continuous improvement.

We are looking for candidates who meet these requirements:

  • 5+ years of experience in Operational risk management expertise - relevant experience in operational riskmanagement, financial or non-financial risk governance, or a comparablecontrol/governance environment within insurance or financial services
  • Policy governance experience - demonstrated experience in policy drafting, policy review,governance processes, or lifecycle management, with a strong ability to write clear,concise, and practical policy requirements
  • Understanding of the three lines of defence model - solid grasp of operational riskmanagement concepts and governance frameworks, with the ability to apply soundjudgement on governance matters
  • Academic foundation - university degree in business, finance, law, risk management, or arelated field (or equivalent studies)
  • Communication and stakeholder engagement skills - strong written and verbalcommunication skills in English, with the ability to engage effectively with technical andnon-technical stakeholders and challenge constructively

These are additional nice to haves:

  • Experience working in a second line of defence or oversight function within a large, complexorganisation
  • Familiarity with evolving operational risk topics such as AI governance, data management,or records management
  • Experience working in a multinational or cross-cultural environment
  • Proficiency in MS Office applications, particularly Word, Excel, and PowerPoint
  • Strong organisational skills with high attention to detail and the ability to manage multipletopics and deadlines simultaneously
  • A collaborative mindset with a passion for knowledge sharing and continuous improvement
  • Ability to switch fluidly between detailed analytical work and strategic, big-picture thinking

Our company has a hybrid work model where the expectation is that you will be in the office atleast three days per week.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Keywords:
Reference Code: 138737
Job ID  138737
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