Job Description
£80,000 - £100,000
15 - 25% bonus
Buckinghamshire, on site
New Financial Risk Manager opportunity working with a top performing life and pensions provider. Reporting to the Chief Risk Officer, you will play a leading role in advising on the financial risks of the company.
Key responsibilities:
* Play a leading role in advising on the financial risks of the company.
* Providing 2nd line review, challenge, and reporting on project, commercial, and strategic proposals.
* Develop, review and monitor financial risk appetites, limits and scenarios, including the design of stress and scenarios included in ORSA processes.
* Produce and develop of the Company’s risk reporting, MI packs and other papers to Board.
* Provide oversight and review of Matching Adjustment-related risks.
* Undertake research, troubleshooting, fact finds, and 2ns line risk reviews, producing reports on findings and recommendations, in consultation with stakeholders.
* Leading on risk assessments and deep dives to provide assurance on risks and controls.
* Providing oversight on financial risks and working with the 1st line to ensure effectiveness of frameworks.
* Assist with oversight on the application of ratings to assets.
* Prepare ORSA Report content and review content prepared by the 1st line.
* Perform second line review of key actuarial assumptions and methodologies.
* Support and perform 2nd line review of financial analysis and reports prepared by the 1st line.
* Perform broader enterprise risk oversight.
* Notify the regulator(s) of matters reasonably expected to be notified.
Key skills and experience:
* Qualified Actuary.
* Financial Services (Life industry or Pensions Fund/Investments) experience.
* Experience of the regulatory environment in the UK.