Director of Financial Risk Management

myGwork - LGBTQ+ Business Community; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled professional to join their Financial Risk Management team in London. This role offers a unique opportunity to leverage your strategic business acumen and technical expertise while providing risk advice to senior stakeholders. You will lead a dynamic team, engage in critical reporting, and develop insights into financial risks and investment strategies. This forward-thinking company values diversity and inclusion, fostering an environment where all employees are supported. If you are proactive and passionate about financial risk management, this opportunity is perfect for you.

Qualifications

• Qualified Actuary or relevant professional qualification required.
• Strong analytical skills and ability to present complex concepts.

Responsibilities

• Lead a team for quarterly reporting and support financial risk measurement.
• Evaluate hedging strategies and monitor hedging activities.

Skills

Analytical Skills

Communication Skills

Project Management

Coaching and Mentoring

Problem-Solving

Education

Qualified Actuary

Relevant Professional Qualification

Tools

ALM

IFRS 17

Job description

Closing date: 8th May

Location: London

A unique opportunity in our Financial Risk Management team to apply your strategic business acumen, technical expertise, and strong communication skills to develop guidance and risk advice for senior stakeholders.

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the US, and Europe under the brands Canada Life, Empower, and Irish Life. As of 2019, our companies had approximately 24,000 employees, 197,000 advisor relationships, and thousands of distribution partners, serving over 31 million customer relationships across these regions.

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, supporting oversight of market, credit, liquidity risks, and investment strategies. Our team is fast-growing and dynamic, encouraging development and excellence in all areas of your role.

What you will do:

1. Lead a team responsible for quarterly reporting to committees and regulatory bodies, and support financial risk measurement methodologies and business strategies.
2. Review and streamline credit, market, and liquidity risk reports.
3. Apply analytics to generate insights into financial risks and global capital markets to inform investment and risk strategies.
4. Prepare and communicate technical material effectively to executives and the Board.
5. Coordinate with cross-functional teams to ensure timely and high-quality preparation of materials.
6. Prepare for and attend regulatory meetings, and coordinate subsequent actions.
7. Evaluate hedging strategies and monitor hedging activities for our product offerings.
8. Lead initiatives on emerging financial risks, acquisitions, and regulatory changes.
9. Monitor external developments that could impact the company's risk profile.
10. Develop a strong understanding of internal risk measurement strategies to identify opportunities for improvement.
11. Build and maintain strong relationships with internal stakeholders across our global business.

What you will bring:

• Qualified Actuary or relevant professional qualification.
• Knowledge of life insurance products, liability cash flow modeling, ALM, IFRS 17.
• Excellent interpersonal and communication skills.
• Ability to work effectively in cross-functional and cross-regional teams.
• Proactive, self-directed, capable of managing multiple tasks.
• Experience in coaching, mentoring, and project management.
• Ability to present complex technical concepts clearly.
• Strong analytical and problem-solving skills.
• Knowledge of market, liquidity, credit risks, investments, LICAT, and ORSA is an asset.

Great-West Lifeco is a Canadian-headquartered, international financial services company operating in Canada, the US, and Europe under the brands Canada Life, Empower, and Irish Life. As of 2023, we have over 33,500 employees, 232,000 advisors, and serve approximately 42 million customers.

We are committed to diversity and inclusion, providing an accessible environment where all employees and customers are valued and supported. We aim to reflect the diversity of the communities in which we operate and to remove barriers to employment. For accommodations during the application process, contact [e-mail].

We appreciate all applicants; however, only those selected for an interview will be contacted.