Senior Risk Manager

Senior Risk Manager

Full-Time 54000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the Risk Team to manage and mitigate financial risks while ensuring compliance.
  • Company: Join a dynamic company focused on risk management and customer finance.
  • Benefits: Enjoy excellent career development opportunities and a collaborative work environment.
  • Why this job: Make a real impact by protecting profits and enhancing cash flow in a fast-paced setting.
  • Qualifications: Experience in enterprise risk management and strong analytical skills are essential.
  • Other info: Frequent UK-wide travel for customer visits and relationship building is required.

The predicted salary is between 54000 - 84000 £ per year.

The Role

Reporting to the Head of Customer Finance, this is a critical, highly visible & commercially focused role responsible for my client’s risk management and account opening processes. Through operating and developing existing credit risk management techniques, the role will help to protect the company’s bottom line profit. Excellent career development prospects for the successful candidate.

Key Responsibilities

  1. Management of the Risk Team (4), preventing unnecessary risks or excessive exposures being incurred by ensuring all regulatory, reputational and financial risks are thoroughly reviewed to set appropriate terms through credit limits or pro forma.
  2. Management of the Risk Administration Team, responsible for all account set up and master data management of both customer and supplier accounts.
  3. Conducting frequent UK-wide customer visits (ROI and Europe periodically) to gain an overview of the specific business, build relationships, and manage accounts in arrears when required.
  4. Continuously investigate and review processes with a view to streamlining and improving turnaround times throughout the work stream which encompasses the commercial teams, operations, and finance.
  5. Participate in cross-functional projects, acting as subject matter expert on all risk-related issues, contributing thorough in-depth knowledge of the company’s Risk Management and Regulatory processes.
  6. Play a key role in reducing risk and maximizing cash flow by ensuring accurate allocation of credit limits to customer accounts.
  7. Create an environment which delivers required results that comply with all statutory, group audit, and SOX requirements, as well as ensuring that the collection of confidential information is coordinated properly and effectively, in respect of:
  1. Credit Limit setting
  2. Accurate and timely credit reviews of customers across all entities
  3. New account approval and prompt account opening
  4. On-going master data maintenance for supplier and customer accounts.
  • Build and maintain working relationships within the company and with external stakeholders, including but not limited to agencies, manufacturers, and our customer base.
  • Carry out monthly ledger reviews, attend fortnightly Credit Committee meetings with the Head of Customer Finance and the Finance Director.
  • Attend Creditors meetings, court hearings, customer visits, and Agency KPI’s as required.
  • Successful Applicant

    1. Qualified with membership of the Institute of Risk Management would be desirable.
    2. Qualified Accountant would be desirable.
    3. Experience in enterprise and operational risk essential.
    4. A proven track record in managing risk whilst balancing the commercial objectives of a fast-paced, high-volume business operating in a highly competitive marketplace.
    5. Relevant experience in a management role, demonstrating the ability to motivate and manage a team.
    6. Demonstrates curiosity, seeks to understand the operation and its customers, and aims to add commercial value as well as regulatory expertise.
    7. Tenacious, resilient, able to excel in a pressurized environment.
    8. Advanced computer literacy, ERP Systems, and Excel skills.
    9. Strong analytical skills with attention to detail, logical and reasoned approach to problem-solving.
    10. In-depth knowledge of Regulatory, Statutory, and Corporate legal requirements.

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    Senior Risk Manager employer: Walker Dendle Financial Recruitment

    As a Senior Risk Manager at our company, you will join a dynamic and supportive work culture that prioritizes employee growth and development. We offer excellent career advancement opportunities, competitive benefits, and a collaborative environment where your expertise in risk management will be valued and impactful. Located in a vibrant area, you will have the chance to engage with diverse stakeholders while contributing to the company's success and financial health.
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    Contact Detail:

    Walker Dendle Financial Recruitment Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Risk Manager

    ✨Tip Number 1

    Make sure to highlight your experience in managing risk within a fast-paced environment. Use specific examples from your previous roles that demonstrate your ability to balance commercial objectives with risk management.

    ✨Tip Number 2

    Network with professionals in the risk management field, especially those who have experience in enterprise and operational risk. Building relationships can provide you with insights and potentially lead to referrals.

    ✨Tip Number 3

    Familiarize yourself with the latest regulatory requirements and best practices in risk management. Being knowledgeable about current trends will show your commitment to the role and your proactive approach.

    ✨Tip Number 4

    Prepare to discuss how you would streamline processes and improve turnaround times in risk management. Think of innovative solutions that could add value to the company and be ready to share them during your interview.

    We think you need these skills to ace Senior Risk Manager

    Risk Management
    Credit Risk Assessment
    Team Leadership
    Regulatory Compliance
    Financial Analysis
    Stakeholder Management
    Operational Risk Management
    Data Analysis
    Problem-Solving Skills
    Attention to Detail
    Advanced Excel Skills
    ERP Systems Proficiency
    Communication Skills
    Project Management
    Curiosity and Commercial Awareness

    Some tips for your application 🫡

    Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Tailor your application to highlight how your experience aligns with the specific needs of the Senior Risk Manager position.

    Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in risk management, particularly in enterprise and operational risk. Provide concrete examples of how you've successfully managed risks while achieving commercial objectives in previous roles.

    Showcase Leadership Skills: Since the role involves managing a team, be sure to include examples of your leadership experience. Discuss how you have motivated and managed teams in the past, and how you can bring that experience to the Risk Team.

    Demonstrate Analytical Skills: Given the importance of strong analytical skills for this position, include specific instances where your analytical abilities led to successful outcomes. Mention any relevant tools or systems you are proficient in, such as ERP systems and Excel.

    How to prepare for a job interview at Walker Dendle Financial Recruitment

    ✨Show Your Risk Management Expertise

    Be prepared to discuss your experience in enterprise and operational risk management. Highlight specific examples where you've successfully mitigated risks while balancing commercial objectives, as this role is highly focused on protecting the company's bottom line.

    ✨Demonstrate Leadership Skills

    Since you'll be managing a team, it's crucial to showcase your leadership abilities. Share instances where you've motivated and managed a team effectively, especially in high-pressure situations, to illustrate your capability to lead the Risk Team.

    ✨Prepare for Technical Questions

    Expect questions related to regulatory, statutory, and corporate legal requirements. Brush up on your knowledge of these areas and be ready to explain how you ensure compliance in your previous roles.

    ✨Build Relationships

    This role involves building and maintaining relationships with various stakeholders. Be ready to discuss your approach to relationship management and provide examples of how you've successfully collaborated with internal teams and external partners.

    Senior Risk Manager
    Walker Dendle Financial Recruitment
    W
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