Jan Heemskerk (Past Speaker)

Jan Heemskerk works for NN Investment Partners, the asset manager of NN Group NV. NN IP is headquartered in The Hague and manages approximately 250bln EUR in assets for institutions and individual investors worldwide. NN IP employs approximately 1.000 staff and is active in 15 countries worldwide. Jan is within NN IP responsible for operational risk. Together with his team he has build an integrated control framework, built by risk assessments and incident analysis, that is used at all levels in the organization to embed risk considerations in decision-making and execution. Before joining NN IP Jan was responsible for Operational Risk at BNP Paribas Investment Partners, Fortis Investments and ABN Amro Asset Management. He started his career with Atos and predecessors where he was managing business consultant on themes like Change Management and Knowledge Management.

The last year much effort has been put into implementing an Enterprise Risk Management framework with risk appetite statements on Strategic, Finance, Client, Operational and Investment Risks. We managed to have all risk appetite statements owned by individual board members, and for all risks, controls identified and tested.

The most challenging part was to align the asset management risk model with the mainly insurance oriented model used at NN Group level.