Financial Risk Manager recruitment

Financial Risk Manager

Our client, a leading financial services organisation,  is seeking a Financial Risk Manager

You will be required to manage the financial (credit, counterparty, liquidity and market), regulatory and modelling risk to the business as well as supporting the business in the development and maintenance of the companies risk, compliance and governance framework.

Main responsibilities :

- Develop and maintain the risk framework in accordance with Group risk and compliance policies, regulatory requirements and market best practice.

- Risk identification, quantification and control assessment (including risk modelling, stress testing and scenario analysis).

- Maintain risk limit framework and monitor compliance with limits.

- Maintain financial risk register with control effectiveness ratings. Develop risk management improvement plans and monitor progress.

- Produce regular and ad hoc risk reports (e.g. monthly Risk Report and Group Liquidity Report) liaising with across business lines.

- Day to day liaison with business lines on breaches, limit changes, compliance issues and other risk matters.

- Monitor compliance with Group compliance and risk policies and regulatory requirements (insurance and banking), including assurance work to evaluate risk management effectiveness.

- Review business unit liquidity self sufficiency, reverse stress test and other reports and reflect in group liquidity risk management and reporting.

- Liaise with group risk to maintain and develop risk and capital models 

- Respond to Group Risk Group Compliance requests

- Attend internal risk forums and maintain relationships with Group functions and Business unit risk departments.

- Analyse impact of new regulations, emerging risks and other market developments.

- Liaise with the compliance team on compliance testing reviews

Candidates must possess:

- Strong educational and academic track record

- Motivated self starter with strong interpersonal and influencing skills and the ability to build constructive working relationships

- Ability to work under pressure and to tight deadlines

-  Clear understanding and articulation of and issues and risks.

- Relevant experience from within Financial services to include (but not be limited to):

                 - Strong understanding of financial markets and regulatory environment, risk best practice and the maintenance of an effective control environment

                -  Experience in Risk Identification, assessment, monitoring and modelling and Capital methodologies and Modelling

                - Comprehensive understanding of group financial and regulatory risk,

- Experience  in maintenance of risk, compliance and governance framework in accordance with the group policies and regulatory requirements.

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