Senior Group Financial Risk Manager

Senior Group Financial Risk Manager

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead financial risk management and enhance frameworks across the organisation.
  • Company: Join a leading company with a century-long legacy and exciting growth plans.
  • Benefits: Competitive salary, generous leave, health cash plan, and career progression opportunities.
  • 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 professional development and community involvement.

The predicted salary is between 36000 - 60000 £ 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.
  • Working 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:
  • Salary Finance - access to savings and borrowing through payroll
  • Car Leasing - access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand-new vehicles
  • Travel Loans - interest free loans to help spread the cost of annual travel tickets
  • Cycle to Work - tax efficient bike and cycling equipment worth up to £1,000
  • Health & Wellbeing - discounted gym membership, online virtual workout sessions, online culinary classes
  • OnHand - Giving you the opportunity to be an Eco & Social volunteer via a handy app. Volunteer individually or in groups to get involved in Youth Mentoring, Food Poverty, Homelessness & Elderly help.
  • 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
  • Equal Opportunities Statement

    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 employer: Domestic and General Group Limited

    At Domestic & General, we pride ourselves on being an exceptional 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, all while contributing to our mission of enhancing financial risk management in a dynamic environment.
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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

    ✨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 implemented risk frameworks in the past. Use real examples to showcase your skills and experience, especially around Solvency requirements.

    ✨Tip Number 3

    Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating complex financial concepts clearly and concisely, as you’ll need to impress senior stakeholders with your communication skills.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, keep your Career Profile updated and attach your Talent Card to highlight your skills and experience effectively.

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

    Financial Risk Management
    Regulatory Compliance
    Credit Risk Assessment
    Liquidity Risk Management
    Market Risk Analysis
    Solvency II Requirements
    Risk Modelling
    Stress Testing
    Scenario Analysis
    Stakeholder Management
    Reporting and Dashboards
    Analytical Skills
    Problem-Solving Skills
    Decision-Making Skills
    Process Improvement

    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 frameworks and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in financial risk management and how they relate to our needs at StudySmarter.

    Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to mention any experience you have with risk modelling and stress testing. We love seeing how you've tackled complex problems in the past!

    Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.

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

    ✨Know Your Financial Risk Principles

    Make sure you brush up on your understanding of financial risk principles, especially credit, liquidity, and market risks. Be ready to discuss how these principles apply to the role and how you've implemented them in past positions.

    ✨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 before, and be ready to explain how these experiences can benefit the company.

    ✨Engage with Stakeholders

    Highlight your experience in stakeholder management. Think of specific instances where you've influenced senior leaders or collaborated with key risk owners. This will show that you can effectively communicate complex financial insights.

    ✨Prepare for Scenario Analysis

    Be ready to discuss how you've performed stress testing and scenario analysis in previous roles. Consider preparing a brief case study or example that illustrates your approach to evaluating financial resilience under adverse conditions.

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