At a Glance
- Tasks: Lead risk management initiatives and facilitate assessments across the Group.
- Company: Join a dynamic financial services firm focused on innovative risk solutions.
- Benefits: Enjoy competitive salary, career growth opportunities, and a collaborative work environment.
- Why this job: Make a real impact by shaping risk strategies and working with key stakeholders.
- Qualifications: Experience in risk management within UK financial services, especially in Insurance is essential.
- Other info: This is a permanent role based in London, perfect for ambitious professionals.
The predicted salary is between 43200 - 72000 £ per year.
The Company is looking for a Group (Senior) Risk Manager to join them to support delivery of their vision and strategy for enterprise risk.
Location: London
Category: Risk
Type: Permanent
Key Duties (Including but not limited to):
- Support the Group Risk Director in socialising, embedding, and further developing the risk management framework across the Group, including the assimilation of data from internal risk management software.
- Align risk reporting strategy with the Group’s broader goals to anticipate potential risks that could impact these objectives.
- Facilitate risk assessments across the Group, including analysis of current mitigation measures, identification of emerging risks, root cause analysis, scenario analysis, and review against risk appetite statements and tolerances. Highlight gaps or weaknesses with solutions.
- Build and maintain relationships with key stakeholders, providing risk management guidance, challenge, and consultation.
Ideal candidates will have experience working in a second line risk management department within a UK-based financial services firm, with expertise in the Insurance sector.
Experience with Risk Management Information System implementation projects is required, with prior leadership roles in delivering Governance, Risk, and Compliance tools or other risk systems preferred.
Proven experience in identifying gaps or areas for improvement and leading remediation efforts is essential.
Previous leadership and delivery of second line of defense oversight activities, such as risk reports and post-incident assessments, are required.
Senior Risk Manager - 28634 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager - 28634
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in risk management.
✨Tip Number 2
Familiarise yourself with the specific risk management frameworks and tools used in the insurance sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry's unique challenges.
✨Tip Number 3
Prepare to discuss your previous leadership experiences in risk management. Be ready to share specific examples of how you've identified gaps, implemented solutions, and led teams through risk assessments and remediation efforts.
✨Tip Number 4
Research the company’s current risk management strategies and any recent developments in their approach. Tailoring your insights and questions during the interview can show that you're genuinely interested in contributing to their goals.
We think you need these skills to ace Senior Risk Manager - 28634
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly within the financial services sector. Emphasise your leadership roles and any specific projects related to Risk Management Information Systems.
Craft a Compelling Cover Letter: In your cover letter, address how your skills align with the key duties outlined in the job description. Mention your experience with risk assessments and stakeholder engagement, and provide examples of how you've identified and addressed gaps in risk management.
Showcase Relevant Achievements: Include specific achievements that demonstrate your expertise in risk management. Use metrics where possible, such as improvements in risk reporting or successful implementation of risk systems, to illustrate your impact.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in risk management roles.
How to prepare for a job interview at The Emerald Group
✨Understand the Risk Management Framework
Familiarise yourself with the company's risk management framework and be prepared to discuss how you can contribute to its development. Highlight your previous experience in embedding similar frameworks and how it aligns with the company's vision.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical skills, particularly in risk assessments and scenario analysis. Prepare examples of how you've identified risks and implemented mitigation strategies in past roles, especially within the financial services sector.
✨Build Relationships with Stakeholders
Emphasise your ability to build and maintain relationships with key stakeholders. Discuss how you have provided risk management guidance and consultation in previous positions, and be prepared to share specific examples of successful collaborations.
✨Prepare for Governance and Compliance Discussions
Since the role involves governance, risk, and compliance tools, brush up on your knowledge of these areas. Be ready to discuss any experience you have with Risk Management Information Systems and how you've led projects related to governance and compliance.