Head of Financial Risk Management in London

Head of Financial Risk Management in London

London Full-Time 64000 - 96000 € / year (est.) No home office possible
Broadgate

At a Glance

  • Tasks: Lead the design and management of a comprehensive risk management framework.
  • Company: Join a dynamic Investment Platform business in London, focused on asset management.
  • Benefits: Enjoy a competitive salary, office-based work three days a week, and opportunities for professional growth.
  • Other info: Proficiency in VBA and SQL is essential; strong communication skills are a must.
  • Why this job: Be part of a key role that shapes risk culture and impacts business decisions.
  • Qualifications: Significant experience in risk management within regulated financial services; degree in finance or related field required.

The predicted salary is between 64000 - 96000 € per year.

A great opportunity has come up for an operational risk manager from the buy side who is looking for their next role.

We are currently assisting an Investment Platform business in their search for an experienced and highly skilled Risk Manager to join their growing team. This is a key role that will work closely with the head of risk to support the design, implementation, and ongoing management of the company's Risk Management Framework. The successful candidate will provide independent oversight and challenge to the business risk profile for the UK-regulated entity.

As Risk Manager, your primary duties will include:

  • Risk Management Framework: Design, implement, and maintain a comprehensive risk management framework that encompasses operational risk, credit risk, liquidity risk, market risk, conduct risk, and reputational risk.
  • Risk Mitigation & Reporting: Assess, mitigate, monitor, and report on the risks impacting the business and ensure that effective risk management practices are demonstrated across the organisation. Provide expert reviews of key risk metrics and incidents to ensure accurate reporting and management.
  • Promoting Risk Culture: Lead initiatives to educate and train staff on risk identification and mitigation techniques, promoting a robust risk culture within the firm.
  • Stakeholder Engagement: Assist the head of risk and CRO in reporting risk-related information to the Board and represent the Risk function in internal and external committees, forums, and working groups. Work closely with the Group Enterprise Risk team to ensure alignment of risk management practices across both regions.
  • Change Management: Participate in change programmes, ensuring that risks are managed effectively throughout organisational changes.
  • Risk Management Duties: Maintain a strong understanding of the company’s risk policies, procedures, risk appetites, and tolerances. Ensure that risk considerations are incorporated into business decision-making processes. Accurately escalate and record incidents associated with relevant risks. Regularly assess and challenge the company’s risks and controls to ensure effective risk mitigation.

Extensive Experience in Risk Management: Significant experience in managing risks within a regulated financial services environment, with a focus on liquidity, credit, market, and operational risks.

Risk Framework Expertise: Proven experience in designing, implementing, and embedding risk management frameworks. Ability to influence senior management teams and committees, with a proven track record in driving risk culture within the organisation.

Regulatory Knowledge: In-depth knowledge of UK regulatory frameworks.

Stakeholder Management: Strong skills in building and maintaining effective relationships with senior stakeholders. Experience in leading and developing risk teams, with a focus on talent identification, development, and retention.

Academic Background: A Bachelor’s degree (or equivalent) in a related field such as risk, finance, or accounting. A Master’s degree is preferred.

Technical Skills: Proficiency in IT tools such as VBA and SQL. Strong verbal and written communication skills, including report writing and presenting to senior stakeholders.

The successful candidate will possess a mature, credible approach to corporate environments, demonstrate a high level of integrity, and be able to communicate complex risk information in a clear and accessible manner. A collaborative and proactive attitude, combined with sound business judgement, will be essential for success in this role.

Broadgate

Contact Detail:

Broadgate Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Financial Risk Management in London

Tip Number 1

Network with professionals in the asset management and financial risk sectors. Attend industry events, webinars, or local meetups to connect with individuals who may have insights into the role or the company. Building these relationships can often lead to referrals or insider information that could give you an edge.

Tip Number 2

Familiarise yourself with the latest trends and regulations in financial risk management, particularly those relevant to the UK. Being well-versed in current issues will not only help you in interviews but also demonstrate your commitment to staying informed in a rapidly evolving field.

Tip Number 3

Prepare to discuss specific examples of how you've successfully implemented risk management frameworks in previous roles. Highlighting your hands-on experience and the impact of your initiatives can set you apart from other candidates.

Tip Number 4

Showcase your ability to influence and engage with senior stakeholders. Be ready to share instances where you've effectively communicated complex risk information to non-experts, as this skill is crucial for the role and will resonate well with the hiring team.

We think you need these skills to ace Head of Financial Risk Management in London

Risk Management Framework Design
Operational Risk Assessment
Credit Risk Analysis
Liquidity Risk Management
Market Risk Evaluation
Conduct Risk Awareness
Reputational Risk Mitigation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your extensive experience in risk management, particularly within regulated financial services. Emphasise your expertise in designing and implementing risk management frameworks, as well as your knowledge of UK regulatory frameworks.

Craft a Compelling Cover Letter:In your cover letter, clearly articulate your understanding of the role and how your background aligns with the company's needs. Mention specific examples of how you've successfully managed risks and promoted a risk culture in previous roles.

Highlight Technical Skills:Don’t forget to showcase your proficiency in IT tools like VBA and SQL. Provide examples of how you’ve used these skills to enhance risk reporting or analysis in your past positions.

Demonstrate Stakeholder Engagement:Include instances where you've effectively built relationships with senior stakeholders. Highlight your experience in presenting complex risk information clearly and your ability to influence decision-making processes.

How to prepare for a job interview at Broadgate

Showcase Your Risk Management Expertise

Be prepared to discuss your extensive experience in managing various types of risks, particularly in a regulated financial services environment. Highlight specific frameworks you have designed or implemented and how they contributed to the overall risk management strategy.

Demonstrate Stakeholder Engagement Skills

Since this role involves significant interaction with senior stakeholders, come equipped with examples of how you've successfully built and maintained relationships in previous roles. Discuss any instances where you influenced decision-making or drove a risk culture within an organisation.

Prepare for Technical Questions

Given the technical skills required, brush up on your knowledge of VBA and SQL. Be ready to explain how you've used these tools in your previous roles to enhance risk reporting or analysis, as this will demonstrate your capability to handle the technical aspects of the job.

Communicate Clearly and Confidently

As the role requires presenting complex risk information, practice articulating your thoughts clearly and concisely. Use examples from your past experiences to illustrate your points, ensuring that you can convey intricate details in an accessible manner.