At a Glance
- Tasks: Lead the development of liquidity risk frameworks and conduct stress tests.
- Company: Join a dynamic company focused on growth and long-term success in the financial sector.
- Benefits: Enjoy a permanent role with opportunities for professional development and competitive perks.
- Why this job: Be part of a crucial team shaping risk management strategies that impact the company's future.
- Qualifications: Must have 10 years of experience and a relevant professional qualification in risk management.
- Other info: Experience in life insurance or reinsurance is a plus, along with knowledge of financial reporting.
The predicted salary is between 72000 - 108000 £ per year.
The AVP, Liquidity Risk will play a key part in the Company's growth and long-term success by supporting the development of the enterprise liquidity risk management capabilities.
Location: London
Category: Risk
Type: Permanent
Key Duties (Including but not limited to):
- Development of the liquidity risk framework including embedding Bermuda entities and refinement of scenarios
- Design and implement risk appetites for liquidity levers
- Input into the annual Commercial Insurer’s Solvency Self-Assessment (“CISSA”) process incorporating analysis of liquidity stress testing
- Support the production of certain liquidity stress tests and regular monitoring against limits
Qualifications:
- A relevant professional qualification with at least 10 years’ business experience
- Life insurance or reinsurance industry experience
Desirable:
- Familiarity with capital bases and financial reporting standards
- Understanding of risk management frameworks
AVP, Liquidity Risk – 28696 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Liquidity Risk – 28696
✨Tip Number 1
Network with professionals in the liquidity risk management field. Attend industry events or webinars to connect with people who work in similar roles, as they can provide insights and potentially refer you to opportunities at StudySmarter.
✨Tip Number 2
Stay updated on the latest trends and regulations in liquidity risk management. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your proactive approach to professional development.
✨Tip Number 3
Prepare to discuss specific scenarios where you've successfully managed liquidity risks in your previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your experience and problem-solving skills.
✨Tip Number 4
Familiarise yourself with StudySmarter's values and mission. Tailor your conversations during networking or interviews to align with our goals, showing how your expertise in liquidity risk can contribute to our long-term success.
We think you need these skills to ace AVP, Liquidity Risk – 28696
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the AVP, Liquidity Risk position. Understand the key duties and required qualifications, as this will help you tailor your application to highlight relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 10 years of business experience, particularly in the life insurance or reinsurance industry. Use specific examples that demonstrate your expertise in liquidity risk management and related frameworks.
Showcase Professional Qualifications: Make sure to mention any relevant professional qualifications you hold. This is crucial for a role that requires a strong understanding of liquidity risk frameworks and financial reporting standards.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Discuss how your skills align with the company's goals and how you can contribute to their growth and success.
How to prepare for a job interview at The Emerald Group
✨Know Your Liquidity Risk Framework
Make sure you have a solid understanding of liquidity risk management frameworks. Be prepared to discuss how you've developed or refined such frameworks in your previous roles, especially in relation to Bermuda entities.
✨Demonstrate Industry Knowledge
Familiarise yourself with the life insurance and reinsurance sectors. Highlight any relevant experience you have, particularly in capital bases and financial reporting standards, as this will show your depth of knowledge in the field.
✨Prepare for Stress Testing Discussions
Since the role involves liquidity stress testing, be ready to explain your experience with designing and implementing these tests. Discuss specific scenarios you've worked on and how they impacted decision-making.
✨Showcase Your Analytical Skills
The position requires input into the CISSA process, so be prepared to demonstrate your analytical skills. Bring examples of how you've conducted analyses in the past and how those analyses influenced liquidity risk strategies.