At a Glance
- Tasks: Lead the development of risk and capital management frameworks in a dynamic financial environment.
- Company: Join Aviva, a leading insurance and investment company committed to inclusivity and innovation.
- Benefits: Enjoy a generous pension scheme, flexible working options, and up to 40% discounts on Aviva products.
- Why this job: Be part of a team that shapes the future of risk management while making a real impact.
- Qualifications: Deep knowledge of emerging risks, capital management, and regulatory frameworks is essential.
- Other info: Flexible working arrangements available; we encourage applications from diverse backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Please note this position is based in London and this will be the contractual location of the successful candidate; other locations cannot be considered.
This is a great job for someone who has deep knowledge of emerging risk and capital management frameworks and practices across the asset management and other financial sectors.
A bit about the job:
- Within this role, you will be responsible for developing, maintaining, and embedding the Emerging Risk, Capital (ICARA), Stress Testing, Reverse Stress Testing and Wind Down frameworks across the business.
- You will bring together external market knowledge, peer group knowledge and regulatory understanding with comprehensive and regular business interaction to ensure that the full suite of potential emerging risks affecting the business are identified and understood.
- Alongside this, you will play a key role in supporting the Head of Operational Risk in co-ordinating the development, monitoring, and maintenance of all ICARA activities across the business.
- In addition to this, you will also support the development of Committee and Board reports and presentations, whilst having a key representation for Aviva Investors on relevant industry bodies/forums/conferences.
Skills and experience we’re looking for:
- Understanding of ICARA and related modelling techniques such as stress testing.
- Knowledge of the workings of the FCA and other global regulators, in particular an understanding of their key concerns and how this translates into their objectives in overseeing operational risk management.
- Understanding of a matrix-based approach to working either across global regions or differing business lines.
- Extensive and strong asset management background.
- Extensive experience in emerging risks and capital management.
What you’ll get for this role:
- Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
- Eligibility for annual performance bonus.
- Family friendly parental and carer’s leave.
- Generous holiday entitlement plus bank holidays with the option to buy/sell up to 5 additional days.
- Up to 40% discount for Aviva products.
- Brilliant flexible benefits including electric cars.
- Aviva Matching Share Plan and Save As You Earn scheme.
- 21 volunteering hours per year.
Aviva is for everyone: We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.
Emerging Risk and Capital Senior Manager employer: Aviva
Contact Detail:
Aviva Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Emerging Risk and Capital Senior Manager
✨Tip Number 1
Network with professionals in the asset management and financial sectors. Attend industry conferences and forums where you can meet people who are already working in roles similar to the Emerging Risk and Capital Senior Manager. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Stay updated on the latest regulatory changes and emerging risks in the financial sector. Follow relevant news sources, subscribe to industry publications, and engage in discussions on platforms like LinkedIn to demonstrate your knowledge during interviews.
✨Tip Number 3
Consider joining professional associations related to risk management and capital frameworks. Being an active member can provide you with valuable resources, networking opportunities, and a platform to showcase your expertise.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed emerging risks and capital in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting your achievements and the impact of your work.
We think you need these skills to ace Emerging Risk and Capital Senior Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Emerging Risk and Capital Senior Manager position. Tailor your application to highlight your relevant experience in emerging risk and capital management frameworks.
Highlight Relevant Experience: In your CV and cover letter, emphasise your extensive background in asset management and your understanding of ICARA and related modelling techniques. Use specific examples to demonstrate your expertise in stress testing and regulatory knowledge.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role at Aviva. Mention how your skills align with their needs and your interest in contributing to their operational risk management efforts.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial for this senior role.
How to prepare for a job interview at Aviva
✨Showcase Your Knowledge of ICARA
Make sure to demonstrate your understanding of the ICARA framework and related modelling techniques during the interview. Be prepared to discuss how you've applied these concepts in previous roles, as this will show your depth of knowledge and relevance to the position.
✨Understand Regulatory Concerns
Familiarise yourself with the workings of the FCA and other global regulators. Be ready to articulate their key concerns and how they influence operational risk management. This will highlight your awareness of the regulatory landscape and its impact on the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to identify and manage emerging risks. Think of examples from your past experience where you successfully navigated similar challenges, as this will demonstrate your practical skills and strategic thinking.
✨Emphasise Collaboration Skills
Since the role involves working across global regions and different business lines, be sure to highlight your experience in collaborative environments. Share examples of how you've effectively worked with diverse teams to achieve common goals, showcasing your adaptability and teamwork.