393 Financial Risk Manager jobs in the United Kingdom

Lutine Bell are currently supporting a well-established Insurance firm based in London to hire a Financial Risk Manager to join their expanding team.

Areas of responsibility include but are not limited too:

• Strategic risk leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Risk appetite & frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Hybrid working

Salary - Up to £85,000

Location - London

Lutine Bell are currently supporting a well-established Insurance firm based in London to hire a Financial Risk Manager to join their expanding team.

Areas of responsibility include but are not limited too:

• Strategic risk leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Risk appetite & frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Hybrid working

Salary - Up to £85,000

Location - London

• Develop, implement, and maintain comprehensive financial risk management frameworks, policies, and procedures.
• Identify, assess, and quantify credit risk, market risk, operational risk, and liquidity risk across the organization.
• Monitor key risk indicators (KRIs) and implement proactive measures to mitigate potential threats.
• Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions.
• Ensure compliance with relevant financial regulations and reporting requirements (e.g., Basel III, Solvency II).
• Prepare detailed risk reports and present findings and recommendations to senior management and the board.
• Collaborate with business units to embed a strong risk culture and ensure risk considerations are integrated into strategic decision-making.
• Lead and mentor a team of risk analysts and specialists.
• Manage relationships with external auditors and regulatory bodies.
• Develop and implement risk appetite statements and tolerance levels.
• Stay abreast of evolving financial markets, regulatory changes, and best practices in risk management.
• Utilize advanced analytical tools and techniques for risk modeling and assessment.
• Oversee the development and implementation of risk mitigation strategies and contingency plans.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Professional qualifications such as FRM, PRM, CFA, or equivalent are highly desirable.
• Minimum of 7 years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of risk management principles, methodologies, and regulatory frameworks.
• Strong quantitative and analytical skills, with proficiency in risk modeling and statistical analysis.
• Proven leadership and team management experience.
• Excellent communication, presentation, and stakeholder management skills.
• Experience with financial modeling software and data analysis tools (e.g., Excel, Python, R, SQL).
• Ability to work independently and as part of a high-performing team in a demanding environment.
• Understanding of capital markets, financial instruments, and economic principles.

• Develop, implement, and maintain comprehensive risk management frameworks and policies.
• Identify, assess, and monitor key financial risks across the organization.
• Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions.
• Analyze credit exposures and develop strategies for risk mitigation.
• Oversee the management of operational risks, including process improvements and control implementation.
• Ensure compliance with relevant regulatory requirements (e.g., PRA, FCA).
• Prepare detailed risk reports for senior management, the board, and regulatory bodies.
• Collaborate with various departments to embed a strong risk culture throughout the organization.
• Evaluate the effectiveness of internal controls and recommend enhancements.
• Provide expert advice on risk-related matters and support strategic business decisions.
• Mentor and guide junior members of the risk management team.
• Stay updated on evolving risk management best practices and regulatory landscapes.

• University degree in Finance, Economics, Mathematics, or a related quantitative field; advanced degree (e.g., MBA, MSc) preferred.
• Professional risk management certification (e.g., FRM, PRM) is highly desirable.
• Minimum of 6 years of experience in financial risk management, preferably within banking or financial services.
• In-depth knowledge of risk management principles, methodologies, and tools.
• Strong understanding of financial markets, instruments, and regulatory frameworks.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in risk modeling software and data analysis techniques.
• Exceptional communication, presentation, and stakeholder management skills.
• Ability to work independently, manage complex projects, and lead initiatives.
• High ethical standards and a commitment to maintaining the integrity of the financial system.

• Develop, implement, and maintain the firm's enterprise-wide risk management framework.
• Conduct comprehensive risk assessments and analyses to identify potential threats and vulnerabilities.
• Design and implement risk mitigation strategies and controls to manage identified risks effectively.
• Monitor and report on key risk exposures, trends, and emerging risks to senior management and relevant committees.
• Ensure compliance with relevant regulatory requirements and industry best practices (e.g., Basel Accords, FCA regulations).
• Lead and manage the risk management team, providing guidance and mentorship.
• Develop and deliver risk management training programs to employees across the organization.
• Contribute to the strategic planning process by providing insights on risk implications of business initiatives.
• Oversee the stress testing and scenario analysis processes for financial risks.
• Investigate and report on risk incidents and develop remediation plans.
• Maintain relationships with internal and external auditors and regulators on risk-related matters.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Significant professional experience (7+ years) in financial risk management, preferably within a banking or financial services environment.
• In-depth knowledge of various risk types (market, credit, operational, liquidity) and regulatory frameworks.
• Experience in developing and implementing risk management policies and procedures.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent understanding of financial markets, instruments, and risk modelling techniques.
• Proficiency in risk management software and data analysis tools.
• Exceptional leadership, communication, and presentation skills.
• Ability to influence stakeholders at all levels of the organization.
• Relevant professional certifications (e.g., FRM, PRM) are highly advantageous.
• Proven ability to work effectively in a hybrid work environment.

• Develop and maintain robust risk management policies, procedures, and controls for market, credit, operational, and liquidity risk.
• Conduct comprehensive risk assessments, stress testing, and scenario analysis.
• Monitor risk exposures against established limits and thresholds, reporting significant deviations to senior management.
• Design and implement risk mitigation strategies and action plans.
• Ensure compliance with relevant regulatory requirements (e.g., PRA, FCA, Basel Accords).
• Collaborate with business units to embed a strong risk culture and provide risk advisory services.
• Prepare and present risk reports to the Board and senior management committees.
• Manage and mentor a team of risk analysts and professionals.
• Evaluate and enhance risk management systems and tools.
• Stay abreast of emerging risks and regulatory changes affecting the financial services industry.

• Master's degree in Finance, Economics, Mathematics, or a related field.
• Professional qualification such as FRM, PRM, or CFA is highly desirable.
• Minimum of 7 years of experience in financial risk management, preferably within banking or investment management.
• In-depth knowledge of risk management principles, methodologies, and regulatory frameworks.
• Proven experience in quantitative risk modelling and analysis.
• Strong understanding of financial instruments and markets.
• Excellent analytical, problem-solving, and decision-making abilities.
• Exceptional communication and presentation skills, with the ability to influence stakeholders at all levels.
• Experience in managing and developing a team.
• Proficiency in risk management software and tools.

• Develop, implement, and maintain the organisation's comprehensive financial risk management framework.
• Identify, assess, and monitor key financial risks, including credit risk, market risk, liquidity risk, and operational risk.
• Design and implement risk models and methodologies, ensuring their accuracy and effectiveness.
• Ensure compliance with relevant financial regulations and industry best practices.
• Prepare and present risk reports to senior management, the board, and regulatory bodies.
• Lead and mentor a team of risk analysts and managers, fostering a high-performance culture.
• Develop and execute stress testing and scenario analysis programs.
• Oversee the implementation of risk mitigation strategies and controls.
• Engage with internal and external auditors and regulators on risk-related matters.
• Contribute to the development of the company's overall risk appetite and strategy.
• Promote a strong risk culture throughout the organisation.

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field; MBA or PhD is a plus.
• Significant experience (8+ years) in financial risk management, preferably within a banking or financial services environment.
• Proven expertise in credit risk, market risk, and/or liquidity risk management.
• In-depth knowledge of regulatory frameworks such as Basel III/IV and other relevant guidelines.
• Strong quantitative and analytical skills, with experience in statistical modelling and risk analytics tools.
• Excellent leadership, team management, and project management skills.
• Exceptional written and verbal communication skills, with the ability to influence stakeholders at all levels.
• Proficiency in financial software and data analysis tools.
• Professional certifications such as FRM or PRM are highly desirable.
• Ability to work independently and drive initiatives in a remote setting.

• Develop and refine enterprise-wide risk management policies and procedures.
• Conduct comprehensive risk assessments, including credit risk, market risk, liquidity risk, and operational risk.
• Design and implement risk models and analytics to measure and monitor risk exposures.
• Monitor regulatory changes and ensure the firm's compliance with relevant guidelines (e.g., Basel III, Solvency II).
• Prepare detailed risk reports for senior management, the board of directors, and regulatory bodies.
• Collaborate with business units to embed a strong risk culture and promote best practices.
• Lead stress testing exercises and scenario analyses.
• Identify emerging risks and develop proactive mitigation strategies.
• Manage and mentor a team of risk analysts and specialists.
• Contribute to the strategic decision-making process by providing insights on risk appetite and tolerance.
• Oversee the implementation of new risk management systems and technologies.
• Foster strong relationships with internal and external stakeholders, including auditors and regulators.