At a Glance
- Tasks: Provide independent oversight and challenge on financial risks within a dynamic finance team.
- Company: Join a well-established financial services group with a strong regulatory framework.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
- Other info: Be part of a stable organisation that values your insights and expertise.
- Why this job: Shape the future of financial risk management while gaining visibility at senior leadership levels.
- Qualifications: Experience in 2nd line risk roles and a solid understanding of financial risks required.
The predicted salary is between 60000 - 80000 £ per year.
Location: UK (hybrid / flexible working)
Function: Risk & Compliance Second Line of Defence
Vermelo is partnering with a well-established, regulated financial services group to appoint a Financial Risk Manager into a 2nd line oversight role within their Risk & Compliance function. This is a newly created position, offering broad exposure across financial risk, capital, ORSA and model risk, with genuine visibility at senior leadership and committee level.
The core purpose of this role is to provide independent 2nd line oversight and challenge to the business in relation to financial risks. You will act as a key partner to 1st line Finance teams while maintaining clear separation and assurance responsibilities under the three lines of defence model.
- Providing 2nd line oversight and assurance of financial risks across the business
- Supporting the application of the Risk Management Framework, including risk identification, assessment, appetite setting and monitoring
- Oversight of credit, liquidity and market risks, and challenge of investment and capital decisions
- Supporting delivery of ORSA activity, including stress and scenario testing and validation of quantitative components
- Embedding and maintaining elements of the model risk management framework
- Contributing to governance through risk committees, finance forums, Board and ExCo papers
- Delivering deep-dive reviews and assurance activity on material financial risks
This is a non-operational risk role; the focus is on oversight, challenge, assurance and governance rather than owning 1st line delivery.
We are keen to speak with candidates from the Insurance Industry who have a clear understanding of 2nd line risk responsibilities.
- Experience in a 2nd line risk, financial risk or capital risk role
- Strong understanding of financial risks, capital, stress testing and risk appetite
- Exposure to regulatory frameworks
- Professional qualifications such as actuarial, risk or finance credentials are advantageous, but relevant experience is equally valued
Opportunity to shape and mature financial risk oversight. Flexible working within a stable, regulated organisation.
Operational Risk Manager - Finance in Liverpool employer: Vermelo
Vermelo offers an exceptional working environment for the Operational Risk Manager role, with a focus on flexibility and hybrid working arrangements in the UK. Employees benefit from a culture of collaboration and support, with ample opportunities for professional growth and development within a well-established financial services group. The role provides significant exposure to senior leadership, allowing you to make a meaningful impact while ensuring robust oversight and governance in financial risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager - Finance in Liverpool
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of financial risks and regulatory frameworks. We recommend doing mock interviews with friends or using online platforms to get comfortable discussing your expertise in risk management.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, focus on specific situations where you provided oversight or challenged decisions. We want to see how you’ve made an impact in previous roles!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Operational Risk Manager role!
We think you need these skills to ace Operational Risk Manager - Finance in Liverpool
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operational Risk Manager role. Highlight your experience in financial risk, capital management, and any relevant regulatory frameworks. We want to see how your background aligns with the responsibilities outlined in the job description.
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 position. Mention specific experiences that demonstrate your understanding of 2nd line risk responsibilities and how you can contribute to our team at StudySmarter.
Showcase Your Skills:Don’t forget to highlight your skills related to risk assessment, oversight, and governance. We’re looking for someone who can provide independent challenge and assurance, so make sure these abilities are front and centre in your application.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Vermelo
✨Know Your Financial Risks
Make sure you brush up on your understanding of financial risks, capital management, and stress testing. Be ready to discuss how these elements play a role in the 2nd line of defence and how you can provide oversight and challenge effectively.
✨Familiarise Yourself with Regulatory Frameworks
Since this role involves navigating regulatory frameworks, it’s crucial to be well-versed in them. Research relevant regulations and be prepared to discuss how they impact risk management in financial services.
✨Prepare for Scenario Testing Questions
Given the focus on ORSA activities and scenario testing, think about past experiences where you've conducted or contributed to stress tests. Be ready to share specific examples that highlight your analytical skills and decision-making process.
✨Engage with Governance Structures
Understand the governance structures within financial services, especially how risk committees operate. Be prepared to discuss how you would contribute to these forums and the importance of clear communication in risk oversight.
