At a Glance
- Tasks: Join our risk team to oversee and challenge financial risks daily.
- Company: Be part of a leading financial services firm focused on risk management.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Why this job: Make a real impact by advising on financial risks and shaping company strategy.
- Qualifications: Must be a qualified actuary with financial services and risk management experience.
- Other info: Ideal for those passionate about finance and eager to drive change.
The predicted salary is between 43200 - 72000 £ per year.
Great opportunity to join the second line risk team to bring expertise in the oversight of financial risks. We are looking for a person with strong experience that can credibly review and challenge the risk management and decision-making.
Key Responsibilities
- Advise the business on key financial risks.
- Review and challenge major proposals like projects and acquisitions.
- Help set and monitor the company’s financial risk appetite and limits, including stress testing.
- Create and improve financial risk reports and board packs.
- Investigate issues and conduct second-line reviews, reporting findings and recommendations.
- Lead risk assessments and deep dives to evaluate financial and credit risk controls.
- Work with first-line teams to ensure financial risks are properly identified and managed.
- Review key actuarial assumptions and support model validation when needed.
- Review financial analysis and reports produced by the first line.
- Support the CRO in managing the Enterprise Risk and Risk Appetite Frameworks.
Experience & Qualifications
- Qualified Actuary.
- Financial Services experience.
- Experience of the regulatory environment in the UK.
- Understanding and experience of credit risk and illiquid assets.
- Previous risk management experience (1LoD or 2LoD).
Financial Risk Manager employer: Sanderson
Contact Detail:
Sanderson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Risk Manager
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in financial risk.
✨Tip Number 2
Familiarise yourself with the regulatory environment in the UK, particularly as it relates to financial risk management. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 3
Prepare to discuss specific examples from your previous experience where you've successfully identified and managed financial risks. Highlight your ability to challenge proposals and provide insights that have positively impacted decision-making.
✨Tip Number 4
Stay updated on current trends and challenges in financial risk management, especially regarding credit risk and illiquid assets. Being knowledgeable about these topics will give you an edge during discussions with our hiring team.
We think you need these skills to ace Financial Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial risk management, particularly your qualifications as an actuary and any specific projects you've worked on that relate to the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the regulatory environment in the UK and your experience with credit risk and illiquid assets. Use specific examples to demonstrate how you can advise on key financial risks and improve risk reports.
Highlight Relevant Skills: Clearly outline your skills related to risk assessment, stress testing, and financial analysis. Mention any tools or methodologies you are familiar with that could be beneficial for the role.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in risk management.
How to prepare for a job interview at Sanderson
✨Showcase Your Expertise
As a Financial Risk Manager, it's crucial to demonstrate your deep understanding of financial risks. Be prepared to discuss specific examples from your previous roles where you successfully identified and managed financial risks, particularly in relation to projects and acquisitions.
✨Understand the Regulatory Environment
Familiarise yourself with the regulatory landscape in the UK, as this is vital for the role. Be ready to discuss how you've navigated regulatory challenges in the past and how you can apply that knowledge to the company's risk management framework.
✨Prepare for Technical Questions
Expect technical questions related to credit risk and illiquid assets. Brush up on your actuarial knowledge and be ready to explain complex concepts clearly, as this will showcase your ability to communicate effectively with both technical and non-technical stakeholders.
✨Demonstrate Collaborative Skills
Highlight your experience working with first-line teams to manage financial risks. Share examples of how you've collaborated with others to ensure risks are properly identified and mitigated, as teamwork is essential in this role.