Senior Group Financial Risk Manager in London

Senior Group Financial Risk Manager in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial risk management and enhance frameworks for effective risk assessment.
  • Company: Join a leading company with a century-long legacy and exciting growth plans.
  • Benefits: Competitive salary, annual bonus, health cash plan, and generous leave options.
  • Why this job: Make a real impact on financial resilience and governance in a dynamic environment.
  • Qualifications: Strong understanding of financial risk principles and experience in regulated environments.
  • Other info: Flexible location with opportunities for career progression and personal development.

The predicted salary is between 60000 - 80000 £ per year.

Location: Flexible on location in the UK with visits to our head office in Wimbledon as and when required.

Salary: Competitive

Contract Type: Permanent

As part of our ongoing growth within the Risk & Compliance team, we are pleased to announce an excellent opportunity for a Group Financial Risk Manager to join us. In this role, they will lead the implementation and continuous enhancement of the Group's Financial Risk Management framework, ensuring the effective identification, assessment, mitigation, governance, and reporting of financial risks across the organisation. They will also play a key role in supporting our enterprise-wide approach to financial risk management - including Solvency requirements - ensuring the Group's solvency, liquidity, and capital risk exposures are well understood, well managed, and aligned to our strategic ambitions.

Key Responsibilities

  • Manage the execution and continuous improvement of the Group's Financial Risk Management framework, ensuring alignment with regulatory requirements and internal governance standards.
  • Oversee processes for identifying, assessing, and prioritising financial risks, including credit, liquidity, market, and capital adequacy risks.
  • Ensure robust governance structures for financial risk management, including regular engagement with key risk owners and senior stakeholders.
  • Lead the preparation of financial risk reports and dashboards for DGLG and the Board, highlighting emerging risks and mitigation strategies. This also includes support on Solvency reporting (SFCR, RSR, ORSA for UK and EU).
  • Refine and maintain policies, methodologies, and tools for financial risk measurement and monitoring.
  • Perform stress testing and scenario analysis to evaluate the impact of adverse conditions on financial resilience.
  • Support regulatory submissions and maintain effective relationships with external auditors and regulators on financial risk matters.
  • Drive initiatives to enhance risk analytics, reporting quality, and automation of financial risk processes.
  • Work in partnership with Finance to support Solvency II risk requirements (SFCR, RSR, ORSA) including the risk contribution to the ORSA, recovery planning, stress and scenario testing, and capital optimisation.

Skills and experience required

  • Strong understanding of financial risk principles, including credit, liquidity, and market risk.
  • Experience in implementing risk frameworks within a regulated environment ideally within general insurance sector, including the implementation and delivery of Solvency requirements.
  • Advanced analytical and problem-solving skills, with proficiency in risk modelling and stress testing.
  • Excellent stakeholder management and influencing skills at senior levels.
  • Ability to translate complex financial risk insights into clear, concise reporting for senior leadership and Board committees.
  • Proven track record of enhancing risk processes, including automation and improvements to reporting quality.
  • Strong judgement and decision-making skills, with the ability to balance regulatory expectations, business priorities, and financial resilience.

Benefits

  • Competitive salary and annual discretionary bonus
  • 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave
  • Training opportunities as well as clearly defined career progression
  • Health cash plan - employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more. Cover also includes unlimited access to a 24/7 virtual GP service
  • Attractive company pension scheme
  • Life assurance - employer funded cover of 4x basic salary
  • Dedicated online benefit portal offering access to saving and lending facilities, financial wellbeing and support services
  • Employee Assistance Programme - specialist advice and support on issues such as finance, relationships, illness and family issues
  • Free Domestic & General protection plan - one free plan each year with access to discounted rates of up to 50% on additional plans, including referrals for family and friends
  • Employee discounts - with a range of discounts for 100s of online and high street retailers

Domestic & General are an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.

Please note that we have a thorough referencing process, which includes criminal record checks.

At Domestic & General, we are proud of our 100-year legacy and excited about our future growth plans. We are expanding our horizons, entering new markets and territories internationally and we need your expertise to help us on the journey.

Senior Group Financial Risk Manager in London employer: Domestic and General Group Limited

At Domestic & General, we pride ourselves on being an excellent employer, offering a competitive salary and a comprehensive benefits package that includes generous annual leave, health cash plans, and a robust pension scheme. Our flexible working arrangements and commitment to employee development foster a supportive work culture where you can thrive and grow your career in financial risk management, all while contributing to our exciting journey of international expansion from our head office in Wimbledon.
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Contact Detail:

Domestic and General Group Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Group Financial Risk Manager in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by brushing up on your financial risk knowledge. Be ready to discuss how you’ve tackled challenges in previous roles. Use real examples to showcase your skills in risk assessment and management – it’ll make you stand out!

✨Tip Number 3

Don’t forget to leverage social media! Follow companies you’re interested in and engage with their content. It’s a great way to show your enthusiasm and keep up with their latest news, which can come in handy during interviews.

✨Tip Number 4

Apply through our website for the best chance of landing that role! Make sure your online profile is up to date and reflects your skills and experience. And remember, attaching your Talent Card can really help us see what you bring to the table!

We think you need these skills to ace Senior Group Financial Risk Manager in London

Financial Risk Management
Regulatory Compliance
Credit Risk Assessment
Liquidity Risk Management
Market Risk Analysis
Capital Adequacy Assessment
Risk Modelling
Stress Testing
Scenario Analysis
Stakeholder Management
Reporting and Dashboards
Risk Framework Implementation
Analytical Skills
Problem-Solving Skills
Decision-Making Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Group Financial Risk Manager role. Highlight your experience with financial risk management frameworks and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!

Showcase Your Achievements: When writing your application, don’t just list your responsibilities. Instead, showcase your achievements in previous roles, especially those related to risk management and reporting. We love seeing how you've made a difference in your past positions!

Be Clear and Concise: Keep your application clear and concise. Use straightforward language to explain complex financial concepts, as this will demonstrate your ability to communicate effectively with senior stakeholders. Remember, clarity is key!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you can easily attach your Talent Card to showcase your skills and experience, which is a must!

How to prepare for a job interview at Domestic and General Group Limited

✨Know Your Financial Risk Stuff

Make sure you brush up on your understanding of financial risk principles, especially credit, liquidity, and market risks. Be ready to discuss how you've implemented risk frameworks in previous roles, particularly in regulated environments like general insurance.

✨Showcase Your Analytical Skills

Prepare to demonstrate your advanced analytical and problem-solving skills. Bring examples of risk modelling and stress testing you've done in the past, and be ready to explain how these have contributed to financial resilience in your previous positions.

✨Engage with Stakeholders

Highlight your experience in stakeholder management. Think of specific instances where you've influenced senior leaders or key risk owners, and be prepared to discuss how you can translate complex financial risk insights into clear reports for leadership.

✨Be Ready for Scenario Analysis

Familiarise yourself with stress testing and scenario analysis techniques. Be prepared to discuss how you've evaluated the impact of adverse conditions on financial resilience and how this aligns with Solvency II requirements.

Senior Group Financial Risk Manager in London
Domestic and General Group Limited
Location: London

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