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Senior Manager, Financial Risk

Employer
Lloyds of London
Location
England, London, City of London
Salary
Negotiable
Closing date
16 Oct 2019
Reference
1134966

View more

Sector
Risk management
Contract Type
Permanent
Hours
Full Time

About Us
The Risk Management team is critical to Lloyd's achieving its long term aims by ensuring risks to the
strategy are effectively identified, assessed and managed within risk appetites set by the Franchise Board


The Role
The role has accountability for ensuring the effective management of the financial risks faced by Lloyd's,
in particular, the risks arising from the syndicates and members operating in the Lloyd's market.
In addition, the role is also accountable for the governance and ongoing assessment of the Lloyd's Internal
Model (LIM) to ensure its validity in line with the Lloyd's risk profile


What Will You Do?
* Identify, assess and review the financial risks faced by Lloyd's
* Provide robust risk oversight and challenge to the functions responsible for managing financial
risks, making recommendations for improvements in the control environment where necessary.
* Report quarterly to Risk Committees on position against financial risks, escalating heightened
risks as required
* Identify thematic reviews and lessons learned reviews into selected areas of financial risk or
Lloyd's oversight. Ensure reviews are conducted and implement any recommendations or findings
in conjunction with relevant Corporation teams
* Accountable for delivery of financial risk elements of the ORSA.
* Develop and maintain strategic relationships with the C-suite and Heads of business functions.
Proactively influence the Senior Stakeholders in ensuring the effective management of financial
risks for which they retain accountability.
* To respond with agility to requests (i.e. adhoc projects) from the Chief Risk Officer or Head of
Risk Management


What You'll Need
* Demonstrable actuarial and technical risk management skills are essential to be able to define and
shape industry leading risk management tools which are tailored to the unique Lloyd's business
model as well as satisfying regulatory requirements.
* Numerate/enhanced analytical skills the ability to apply technical knowledge in a wide variety of
situation in both written and oral form, to assess sometimes complex, intricate and lengthy
information and reach appropriate conclusions.
* Effective leadership skills to recruit, develop and retain a high performing, motivated team to
deliver consistently excellent risk management deliverables. The Risk Management team has a
culture of continuous improvement and as a leader within the team this role is expected to
contribute to the ongoing self-assessment and improvement of the function
* High degree of stakeholder management and relationship skills to build relationships with a range
of senior stakeholders and in particular with the PRA. This will include an ability to actively
influence at Executive and Board levels with a confidence to deliver the right risk outcomes at
senior levels of the organisation.
* Excellent analytical skills and be able to effectively communicate (in both written and verbal
forms) and engage in debate on complex topics. Evidence of influencing outcomes with senior
management in both formal (e.g. committee) and informal settings is critical
* Time management skills used to working to deadlines and under a certain amount of pressure.


As the successful candidate, you can expect to be rewarded with a competitive annual salary and
benefits.


We are committed to flexible working, therefore if you would like to consider this as a part-time
opportunity, please email


At Lloyd's we believe that innovation comes from having an inclusive culture of equality and diversity.
We use ClearTalents to discover how we might help you feel welcomed, supported and able to do as well
as you can when applying to work for us, including identifying any reasonable adjustments that we may
need to make. Should you feel that you require reasonable adjustments during your application process
we request that you please follow this link to create a ClearTalents user profile:

https://cleartalents.com/apply/lloyds-smfr1559134688

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