Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support risk assessments and provide advice on counterparty risks in a dynamic environment.
- Company: Join a FTSE 250 company focused on innovative retirement solutions and customer-first values.
- Benefits: Enjoy competitive salary, generous leave, private medical cover, and a bonus scheme.
- Why this job: Be part of a mission-driven team making a positive impact on retirement and sustainability.
- Qualifications: Financial Management degree or equivalent experience; risk management expertise preferred.
- Other info: Diversity and inclusion are key priorities; we value unique perspectives and backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.
About the role
We are looking for a Counterparty Risk Manager (Financial Risk) who will support the Senior Risk Manager in assessing the counterparty risks associated with business activities. You will provide advice, oversight and challenge to the 1st line as a representative of the Financial Risk function.
Responsibilities
- Challenge and support first line on the counterparty risk assessment, management and mitigation required for new and existing business activities.
- Support the Line 2 review and challenge of the financial risk assessment of counterparty risk management including the oversight of new counterparties.
- Make recommendations to the Senior Risk Manager and Director of Financial Risk and other colleagues on the acceptability of risks proposed to be taken by Line 1 as part of project or business as usual activities.
- Support the development of the counterparty risk framework and guidelines.
- Track the resolution of risk issues and observations.
- Monitor counterparty risk exposures against limits and escalate risk concentrations and issues associated with the counterparty risk.
- Be considered a trusted advisor to the business by ensuring that commercially sensitive, pragmatic and practical Financial Risk support and advice is provided.
- Support delivery of: Risk Business Partner for DB and connectivity with other Risk Business Partners; Risk reviews/opinions on Line 1 business proposals; Statutory documents including ORSA, Run-off plan, SFCR and RSR; and Risk reporting to committees and Boards as required.
- Regularly review, present and challenge reports with senior managers, identifying issues where changes to risk profile or appetite may be required.
Skills & Experience
- Financial Management degree or equivalent experience is essential.
- Financial Risk Management professional qualification or equivalent is desirable.
- Experience in the risk management of financial exposures within a life insurance or commercial company or investment bank.
- Risk analysis experience.
- Quantification of financial risks and experience describing non-quantifiable risks.
- Strong understanding of risk management techniques and challenges.
- Strong understanding of counterparty risk including experience of interfacing with legal to ensure protections are included in documentation.
- Strong problem solving, analysis and resolution skills.
- Good verbal, written communication and interpersonal skills, with the ability to present complex financial concepts in a clear and concise manner.
- Ability to collaborate with other functions.
- Ability to challenge others in a clear and constructive manner.
- Understanding of the risk management framework to use within the Group.
- Strong delivery focus and organisational skills, to co-ordinate and deliver multiple projects.
- Functional knowledge of MS Office applications.
Company Benefits
- A Competitive Salary, Pension Scheme and Life Assurance.
- 25 Days Annual Leave plus an Additional Day on us for your Birthday.
- Private Medical Cover and Income Protection.
- A generous and highly achievable bonus scheme - paid annually based on individual and company performance against targets.
- Opportunity to progress within your career both in-role and within the company.
- FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site).
- A variety of Employee Funded Benefits available to you via our Online Benefits Portal.
- Several additional purchase options available for you and your loved ones.
About Us
We are a FTSE 250 Financial Services company who specialise in retirement solutions. Our world is moving quickly. How people work, save, and plan for the future is changing. A new generation of retirees needs a new kind of retirement company. We are committed to becoming a beacon for the entire retirement industry, believing everyone deserves a fair, secure, and fulfilling retirement.
We have built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can ensure we play our part in addressing the wider issues facing the planet and leave a positive legacy.
Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is essential for success. We are committed to our targets on gender and ethnicity and run successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds.
We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other. We look forward to welcoming you to the team soon.
Counterparty Risk Manager (Financial Risk) employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counterparty Risk Manager (Financial Risk)
✨Tip Number 1
Network with professionals in the financial risk management field. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, making you a more informed candidate.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in counterparty risk management. Being knowledgeable about current issues will not only boost your confidence but also demonstrate your commitment to staying updated in this fast-evolving field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed financial risks in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your problem-solving skills and ability to challenge assumptions effectively.
✨Tip Number 4
Research Just's sustainability strategy and diversity initiatives. Understanding their mission and values will allow you to align your answers during interviews, showing that you're not just a fit for the role but also for the company's culture.
We think you need these skills to ace Counterparty Risk Manager (Financial Risk)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial risk management and counterparty risk. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Counterparty Risk Manager position at Just. Discuss how your background aligns with their mission and values, and mention any specific projects or experiences that relate to the role.
Showcase Your Skills: Emphasise your analytical and problem-solving skills in your application. Provide examples of how you've successfully managed financial risks or contributed to risk frameworks in previous roles.
Highlight Communication Abilities: Since the role requires good verbal and written communication skills, include instances where you've effectively communicated complex financial concepts to various stakeholders. This will demonstrate your ability to be a trusted advisor.
How to prepare for a job interview at Just Group plc
✨Understand Counterparty Risk
Make sure you have a solid grasp of counterparty risk concepts and how they apply to financial services. Be prepared to discuss specific examples from your past experience where you've assessed or managed such risks.
✨Showcase Your Analytical Skills
Highlight your ability to analyse financial risks, both quantifiable and non-quantifiable. Prepare to explain your approach to risk analysis and how you've successfully navigated complex financial situations in previous roles.
✨Communicate Clearly
Since the role requires presenting complex financial concepts, practice articulating your thoughts clearly and concisely. Use examples to demonstrate your communication skills, especially in challenging scenarios.
✨Demonstrate Collaboration
Emphasise your ability to work collaboratively with different teams. Be ready to share instances where you've successfully partnered with legal or other departments to ensure comprehensive risk management.
