95 Risk Management Expert jobs in the United Kingdom

• Developing and implementing sophisticated risk models and methodologies to quantify potential financial exposures.
• Conducting stress testing and scenario analysis to evaluate the resilience of the organization’s financial position under adverse market conditions.
• Monitoring key risk indicators and reporting on risk exposures to senior management and regulatory bodies.
• Advising business units on risk appetite and ensuring adherence to internal risk policies and procedures.
• Performing in-depth analysis of financial instruments and transactions to identify associated risks.
• Contributing to the development and enhancement of the company's risk management framework and governance structures.
• Investigating and reporting on significant risk events and developing preventative measures.
• Staying current with industry best practices, regulatory requirements, and emerging risks in the financial sector.
• Collaborating with internal audit, compliance, and other departments to ensure comprehensive risk oversight.
• Providing training and guidance to junior analysts on risk assessment techniques and tools.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 4,000 people across our London, Southampton, Cardiff and Manchester offices. 

We're looking for a talented Prudential and Financial Risk Management Senior Auditor to join our growing Internal Audit team.  

You should be an experienced Prudential and Financial Risk Management Auditor, ideally with a background working in the banking or regulated financial services sector.  You will be passionate about making a real impact to the Bank's controls and business processes because this is key to our mission. With limited supervision, you will be required to develop relationships with management and to plan and execute audits in Prudential and Financial Risk and other areas of Starling Bank.  

You will support and help Starling's senior management to protect the assets, reputation and sustainability of Starling as it continues on its growth path and delivers fantastic products and services.

This position focuses on areas such as Prudential, Treasury and Finance (e.g. Regulatory Reporting) and Model Risk management. 

What you will be doing

• Contribute to audits over Prudential / Financial Risk, Model Risk management and remediation areas respectively, using the support of Starling's in-house team and co-source providers. 
• Undertaking specialist regulatory reviews on areas such as ICAAP/ILAAP documentation, and ALM activities (e.g. IRRBB, Capital etc) and the Resolvability Assessment Framework  
• Planning audits, documenting processes to be reviewed, identifying risks and the key actual controls in place to mitigate the identified risks, and attending meetings with internal/external stakeholders 
• Document work papers to ensure consistency with audit methodology and quality standards, including formulation of logical and supportable conclusions
• Support the delivery of value-add and insightful audit reports, ensuring factual accuracy is agreed upon and managing stakeholder communications
• Draw and articulate well-formulated conclusions and pragmatic recommendations, as well as inspire and be an agent of positive change throughout Starling
• Build and maintain strong professional relationships at all levels 
• Demonstrable influencing and negotiating skills, able to manage challenging conversations and also challenge in a constructive manner to support sustainable growth and ensure appropriate outcomes for our customers
• Liaise with Prudential and Financial Risk management in tracking progress in addressing audit recommendations and confirming their closure
• Develop and maintain broad regulatory knowledge and experience. Stay abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments
• Contributes proactively to achieving Internal Audit’s performance objectives and works effectively as part of a team

Requirements

• Financial Services experience as an auditor or a strong understanding of audit processes in Financial risk or Treasury such as Liquidity Risk Management and Asset Liability Management  
• Experience or exposure to regulatory compliance applicable to UK regulated Banks 
• Strong relationship management and influencing skills, coupled with excellent planning and presentation skills 
• Experience in delivering integrated audits, supporting business auditors in identifying relevant Prudential / Financial risks and designing appropriate audit techniques
• Good understanding and exposure to the full audit lifecycle including the ability to plan, execute and draft audit findings to a good standard.  
• Desire to learn and ability to juggle multiple priorities, overcome challenges and adapt to a fast-paced environment
• Self-starter and can do approach with a level of flexibility to adapt to work in a fast paced, nimble yet highly regulated environment
• Able to work collaboratively in a team environment and confident with agile ways of working
• A good understanding of the 2025 Institute of Internal Auditors (IIA) standards
• Excellent attention to detail, highly organised with a proactive approach
• Broad regulatory knowledge and experience, as well as staying abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.

This is an opportunity to join a continually growing underwriting platform within the credit and political risks space. With an established team already in place, they are looking for another experienced underwriting professional to compliment the team. The division has a diverse financial risks specialism and is looking for someone who is keen to work across the division including all areas within financial risks, including non-payment insurance, structured risk and trade credit. If you have a particular specialism in this area, you could bring this knowledge along with diversifying across a wider remit.

Opportunities to travel and work globally, this business offer an excellent chance to learn and develop from key specialists within this remit; ideally you should already be underwriting in these areas, but a broker with established background in political and financial risks will also be considered. If you have a minimum of 4 years in credit risk, but haven't reached underwriter status yet, they will also consider advanced Assistant Underwriters at this level looking for a break.

This is an opportunity to join a continually growing underwriting platform within the credit and political risks space. With an established team already in place, they are looking for another experienced underwriting professional to compliment the team. The division has a diverse financial risks specialism and is looking for someone who is keen to work across the division including all areas within financial risks, including non-payment insurance, structured risk and trade credit. If you have a particular specialism in this area, you could bring this knowledge along with diversifying across a wider remit.

Opportunities to travel and work globally, this business offer an excellent chance to learn and develop from key specialists within this remit; ideally you should already be underwriting in these areas, but a broker with established background in political and financial risks will also be considered. If you have a minimum of 4 years in credit risk, but haven't reached underwriter status yet, they will also consider advanced Assistant Underwriters at this level looking for a break.

Head of Insurance & Financial Risk

Edinburgh, Reigate or Newcastle (2 days a week in the office)

Attractive compensation package

Are you an experienced risk leader with a passion for managing insurance and financial risks? We have an exciting opportunity for you to join our forward-thinking financial services client as the Head of Insurance & Financial Risk.

Support the Chief Risk Officer in overseeing actuarial reserves, capital projections, pricing and underwriting models, and financial plan forecasts. Lead a team of Risk SMEs to deliver analytical insights and advice on Insurance and Financial risks.

Key Deliverables:

• Work closely with senior leadership to ensure they are engaged and fully aware of fraud risks and the measures in place to mitigate them.
• Manage the ORSA process, including annual report updates and stress testing.
• Plan and execute oversight across Finance, Actuarial, and Pricing & Underwriting.
• Provide regular reporting and insights to senior leadership, ensuring transparency and accountability

What you will bring:

• Proven experience in a risk management function within a highly regulated financial services environment
• Demonstrable experience in building strong relationships and the ability to pragmatically challenge stakeholders, including senior leaders
• Experience in leading and managing a diverse team, setting performance objectives, and ensuring the achievement of team and personal goals
• Strong analytical capability with the ability to review and challenge actuarial models and assumptions
• Expertise in achieving compliance with applicable Solvency II and other relevant prudential risk rules and guidance
• A strong leader who builds effective teams & brings people on the journey

If you're a financial risk expert within the insurance industry, don't miss out on this fantastic opportunity to lead and shape the future of risk management at our forward-thinking financial services client.

Apply now and be part of a dynamic team committed to excellence and innovation!

• Develop, implement, and maintain comprehensive financial risk management strategies and frameworks.
• Identify, assess, and monitor key financial risks, including market, credit, operational, and liquidity risks.
• Design and execute stress testing and scenario analysis to evaluate the firm's resilience.
• Ensure compliance with relevant financial regulations and reporting requirements (e.g., Basel III, Solvency II).
• Develop and implement risk policies, procedures, and controls.
• Prepare regular risk reports for senior management, the board of directors, and regulatory bodies.
• Collaborate with business units to embed risk management principles into daily operations.
• Provide expert advice and guidance on risk-related matters.
• Lead and mentor a team of risk professionals.
• Stay abreast of evolving regulatory landscapes and industry best practices in risk management.
• Conduct independent reviews of risk exposures and control effectiveness.

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Minimum of 7 years of progressive experience in financial risk management within the banking or financial services industry.
• In-depth knowledge of various risk types (market, credit, operational, liquidity) and their measurement methodologies.
• Proven experience in developing and implementing risk management frameworks and policies.
• Strong understanding of regulatory requirements and capital adequacy frameworks.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk modeling and data analysis tools.
• Exceptional communication, presentation, and stakeholder management skills.
• Ability to work independently and lead a remote team effectively.
• Professional certifications such as FRM or CFA are highly desirable.

Senior Financial Risk Actuary – Corporate Transactions

Location : London, Edinburgh, or Wythall (hybrid or fully remote working available)

Job Type : Permanent

Flexible Working : Open to part-time, job-share, and other flexible arrangements

Benefits : Bonus potential (30%–60%), private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days, and more

About the Company

This role sits within a leading UK-based insurance company focused on long-term savings and retirement solutions. The organisation is actively expanding its pensions and savings business and is involved in high-profile transactions including Bulk Purchase Annuities (BPA), reinsurance, and strategic M&A activity.

About the Role

This is a senior risk management opportunity within the 2nd Line Corporate Transactions Risk Team. The successful candidate will play a key role in delivering independent risk oversight of material corporate transactions and strategic projects during the due diligence and pricing stages.

You’ll work closely with business development teams to assess and advise on risks associated with:

• Bulk Purchase Annuity (BPA) transactions
• Reinsurance structuring
• Equity release mortgage origination
• New product propositions
• Mergers & acquisitions

This is a high-impact role in a dynamic and fast-growing area of the business, reporting to the Head of Corporate Transactions Risk.

Key Responsibilities

• Provide independent 2nd line risk review of corporate transactions and strategic initiatives
• Engage with 1st line teams to challenge risk assumptions and support informed decision-making
• Deliver actuarial insight into pricing and structuring of new business opportunities
• Contribute to the development of risk frameworks and governance for transaction oversight

Essential Experience & Skills

• Qualified life insurance actuary
• Experience in one or more of the following areas:
• Pricing
• Risk management
• Bulk Purchase Annuities (BPA)
• Reinsurance
• Equity release mortgages
• Mergers & acquisitions

Inclusion & Accessibility

Applicants from all backgrounds are encouraged to apply. If your experience differs from the listed criteria but you believe you can bring value to the role, your application is welcome. Adjustments to the recruitment process can be made to help you perform at your best.

Senior Financial Risk Actuary – Corporate Transactions

Location : London, Edinburgh, or Wythall (hybrid or fully remote working available)

Job Type : Permanent

Flexible Working : Open to part-time, job-share, and other flexible arrangements

Benefits : Bonus potential (30%–60%), private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days, and more

About the Company

This role sits within a leading UK-based insurance company focused on long-term savings and retirement solutions. The organisation is actively expanding its pensions and savings business and is involved in high-profile transactions including Bulk Purchase Annuities (BPA), reinsurance, and strategic M&A activity.

About the Role

This is a senior risk management opportunity within the 2nd Line Corporate Transactions Risk Team. The successful candidate will play a key role in delivering independent risk oversight of material corporate transactions and strategic projects during the due diligence and pricing stages.

You’ll work closely with business development teams to assess and advise on risks associated with:

• Bulk Purchase Annuity (BPA) transactions
• Reinsurance structuring
• Equity release mortgage origination
• New product propositions
• Mergers & acquisitions

This is a high-impact role in a dynamic and fast-growing area of the business, reporting to the Head of Corporate Transactions Risk.

Key Responsibilities

• Provide independent 2nd line risk review of corporate transactions and strategic initiatives
• Engage with 1st line teams to challenge risk assumptions and support informed decision-making
• Deliver actuarial insight into pricing and structuring of new business opportunities
• Contribute to the development of risk frameworks and governance for transaction oversight

Essential Experience & Skills

• Qualified life insurance actuary
• Experience in one or more of the following areas:
• Pricing
• Risk management
• Bulk Purchase Annuities (BPA)
• Reinsurance
• Equity release mortgages
• Mergers & acquisitions

Inclusion & Accessibility

Applicants from all backgrounds are encouraged to apply. If your experience differs from the listed criteria but you believe you can bring value to the role, your application is welcome. Adjustments to the recruitment process can be made to help you perform at your best.