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- Tasks: Lead risk management practices and support the Chief Risk Officer in a dynamic financial environment.
- Company: Join a leading financial institution focused on innovative risk management solutions.
- Benefits: Competitive pay based on skills, with opportunities for professional growth and influence.
- Why this job: Make a significant impact on risk culture and strategy while engaging with executive leadership.
- Qualifications: Bachelor's or Master’s degree in a numerical field; extensive market risk management experience required.
- Other info: This is a full-time, in-office role, perfect for those passionate about risk management.
The predicted salary is between 72000 - 108000 £ per year.
Get AI-powered advice on this job and more exclusive features.
This range is provided by Barclay Simpson. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
We are seeking an experienced Senior Director for our Risk Oversight Department to assist the Chief Risk Officer in overseeing the organization’s risk management practices. This senior role provides exposure to executive leadership and offers a unique opportunity to influence the risk framework within a complex financial institution. You will leverage your expertise in financial derivatives, risk management, and operational risk assessments to drive organizational success.
Key Responsibilities:
- Support the Chief Risk Officer in strengthening the organisation’s risk culture.
- Ensure effective execution of risk management policies, procedures, and governance frameworks.
- Advise senior management on risk-related matters and help define the Risk Oversight Department’s strategy.
- Provide leadership on model validation, credit reviews, and operational risk assessments.
- Oversee the day-to-day monitoring of risks and represent the department to regulators and stakeholders.
Risk Identification, Management, and Reporting:
- Develop and maintain the risk management framework, including risk appetite statements and limits.
- Contribute to the creation and updates of relevant risk policies.
- Oversee the identification, quantification, and escalation of risks across the organization.
- Enhance risk monitoring and reporting, covering both financial and non-financial risks.
- Report and escalate risks to the Executive team, Board, and Governance Committees.
Risk Measurement and Analytics:
- Conduct qualitative and quantitative risk assessments, challenging first-line functions.
- Develop risk measurement methodologies and tools for monitoring and evaluating risks.
Regulatory Knowledge and Benchmarking:
- Stay informed on industry trends, best practices, and regulatory changes in risk management.
- Contribute to industry forums on risk management standards and regulations.
Key Skills and Experience:
- Bachelor\’s or Master’s degree in a numerical discipline.
- Extensive experience as a Market Risk Manager with complimentary experience in another risk vertical.
- Strong knowledge of financial markets, derivatives, and risk management processes.
- Familiarity with the financial market infrastructure and regulatory environment.
- Strong verbal and written communication skills, able to engage senior management and stakeholders.
- Ability to challenge and provide constructive feedback to senior leadership.
- Proven ability to build relationships and influence at all levels.
- Commercial awareness and strategic thinking.
- Leadership experience and team guidance capabilities.
If you are passionate about risk management and want to make a significant impact within a leading financial institution, we encourage you to apply.
N.B. the role will be 5 days per week in the office.
Seniority level
Executive
Employment type
Full-time
Job function
Analyst
Industries
Investment Banking
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Deputy Chief Risk Officer employer: Barclay Simpson
Contact Detail:
Barclay Simpson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Chief Risk Officer
✨Tip Number 1
Make sure to showcase your extensive experience in risk management during networking events or industry forums. Engaging with professionals in the field can help you gain insights and potentially lead to referrals for the Deputy Chief Risk Officer position.
✨Tip Number 2
Stay updated on the latest trends and regulatory changes in risk management. This knowledge will not only enhance your discussions with senior management but also demonstrate your commitment to the field when you meet potential employers.
✨Tip Number 3
Develop strong relationships with key stakeholders in your current role. Being able to influence and communicate effectively with senior leadership is crucial for this position, so focus on building those connections.
✨Tip Number 4
Consider joining professional organizations related to risk management. These groups often provide valuable resources, networking opportunities, and insights that can help you stand out as a candidate for the Deputy Chief Risk Officer role.
We think you need these skills to ace Deputy Chief Risk Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in risk management, particularly in market risk and operational risk assessments. Use specific examples that demonstrate your leadership skills and ability to influence senior management.
Craft a Compelling Cover Letter: In your cover letter, express your passion for risk management and how your background aligns with the responsibilities of the Deputy Chief Risk Officer role. Mention your familiarity with financial markets and regulatory environments, and how you can contribute to the organization's risk culture.
Highlight Relevant Skills: Clearly outline your strong verbal and written communication skills in your application. Provide examples of how you've successfully engaged with senior management and stakeholders in previous roles, showcasing your ability to challenge and provide constructive feedback.
Showcase Industry Knowledge: Demonstrate your understanding of current industry trends and regulatory changes in risk management. Mention any contributions you've made to industry forums or discussions, as this will show your commitment to staying informed and involved in the field.
How to prepare for a job interview at Barclay Simpson
✨Showcase Your Expertise
Be prepared to discuss your extensive experience in risk management, particularly in financial derivatives. Highlight specific examples where you've successfully influenced risk frameworks or improved risk culture within an organization.
✨Demonstrate Leadership Skills
Since this role involves providing leadership on model validation and operational risk assessments, be ready to share instances where you've led teams or projects. Emphasize your ability to guide and influence senior management effectively.
✨Stay Updated on Regulatory Changes
Familiarize yourself with the latest trends and regulatory changes in risk management. During the interview, mention how you stay informed and how this knowledge can benefit the organization’s risk oversight strategy.
✨Prepare for Behavioral Questions
Expect questions that assess your ability to challenge first-line functions and provide constructive feedback. Prepare examples that demonstrate your communication skills and your approach to building relationships with stakeholders.
