Financial Risk Analyst

Play a key role in overseeing and monitoring the management of the financial risks of the company, and work with the first line to assess/ensure effectiveness of frameworks and processes that identify, monitor and manage financial risks

• Location: Buckinghamshire
• Category: Analyst
• Type: Permanent

• Work with the Financial Risk Manager and CRO to provide ongoing second line oversight of the first line’s management of credit risks and ALM activities, including review and challenge of the design and operating effectiveness of governance and controls
• Work with the Financial Risk Manager and CRO to oversee the effectiveness of internal credit rating methodologies and processes maintained by the investment team, including deep-dive reviews, as appropriate
• Contribute to the second line review, challenge, and reporting on project, commercial, and strategic proposals (including Bulk Purchase Annuity deals, reinsurance arrangements, and acquisition activity)
• Monitor financial risk metrics, in line with the Company’s risk appetite framework and contribute to the production of second line risk reporting to governance committees
• Part qualified actuary (or given up exams) with at least two years’ experience as a financial risk professional (Life industry or Pensions Fund Investment with credit risk and or ALM risk experience
• Experience of the regulatory environment in the UK
• Understanding and experience of investments within the life or pensions industry, especially credit risk and illiquid assets
• Previous risk management experience (1st and/or 2nd line)