Finance Risk Manager

New Yesterday

Location: UK (hybrid / flexible working)
Sector: Insurance
Function: Risk & Compliance Second Line of Defence

Vermelo is partnering with a well-established, regulated financial services group to appoint a Financial Risk Manager into a 2nd line oversight role within their Risk & Compliance function.

This is a newly created position, offering broad exposure across financial risk, capital, ORSA and model risk, with genuine visibility at senior leadership and committee level.

The role
The core purpose of this role is to provide independent 2nd line oversight and challenge to the business in relation to financial risks. You will act as a key partner to 1st line Finance teams while maintaining clear separation and assurance responsibilities under the three lines of defence model .
Key responsibilities include:
Providing 2nd line oversight and assurance of financial risks across the business
Supporting the application of the Risk Management Framework, including risk identification, assessment, appetite setting and monitoring
Oversight of credit, liquidity and market risks, and challenge of investment and capital decisions
Supporting delivery of ORSA activity, including stress and scenario testing and validation of quantitative components
Embedding and maintaining elements of the model risk management framework
Contributing to governance through risk committees, finance forums, Board and ExCo papers
Delivering deep-dive reviews and assurance activity on material financial risks
This is a non-operational risk role the focus is on oversight, challenge, assurance and governance rather than owning 1st line delivery.

About you
We are keen to speak with candidates from the Insurance Industry and who have a clearunderstanding of 2nd line risk responsibilities .
You are likely to bring:
Experience in a 2nd line risk, financial risk or capital risk role
Background in Insurance
Strong understanding of financial risks, capital, stress testing and risk appetite
Exposure to regulatory frameworks (e.g. Solvency II, PRA / FCA or equivalent)
Confidence providing independent challenge to senior stakeholders
A clear grasp of the three lines of defence model
Professional qualifications such as actuarial, risk or finance credentials are advantageous, but relevant experience is equally valued
Why apply?
True 2nd line role with strong independence and influence
Broad group exposure and senior stakeholder visibility
Opportunity to shape and mature financial risk oversight
Flexible working within a stable, regulated organisation

GWV Talent Solutions Limited (trading as Gerrard White Consulting and Vermelo RPO) acts as an employment agency for permanent recruitment and an employment business for the supply of temporary and contract workers. By applying for this job you accept the terms of our Privacy Policy and Terms of Service Agreement which can be found atwww.gerrrardwhite.com
TPBN1_UKTJ
Apply
Location:
London
Salary:
£70,000
Job Type:
FullTime
Category:
Finance;Banking

We found some similar jobs based on your search