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 pay, flexible working options, and a supportive team culture.
- Why this job: Make a real impact by shaping risk strategies in a collaborative environment.
- Qualifications: Experience in risk management within UK financial services, especially in Insurance.
- Other info: Ideal for those looking to advance their career in a leadership role.
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.
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 risk management field, especially those who have experience in the insurance sector. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in risk management.
✨Tip Number 2
Familiarise yourself with the specific risk management frameworks and tools used in the UK financial services sector. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during discussions.
✨Tip Number 3
Prepare to discuss your previous experiences in leading risk assessments and remediation efforts. Be ready to share specific examples of how you've identified gaps and implemented solutions, as this will showcase your hands-on experience and problem-solving skills.
✨Tip Number 4
Research the company’s vision and strategy for enterprise risk management. Understanding their goals will allow you to align your insights and suggestions with their objectives, making you a more attractive candidate for the Senior Risk Manager position.
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 any leadership roles and 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 in your application that demonstrate your ability to lead remediation efforts and deliver effective risk management solutions. Use metrics where possible to quantify your impact.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects 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 emerging risks and proposed effective mitigation strategies in your past roles.
✨Build Relationships with Stakeholders
Emphasise your ability to build and maintain relationships with key stakeholders. Share specific instances where you've provided guidance and consultation in risk management, showcasing your interpersonal skills and collaborative approach.
✨Discuss Your Leadership Experience
Since the role requires leadership in risk management, prepare to discuss your previous leadership roles, especially in delivering Governance, Risk, and Compliance tools. Highlight any successful projects you've led and the impact they had on the organisation.