Location: UK (hybrid / flexible working)Sector: InsuranceFunction: Risk & Compliance Second Line of DefenceVermelo is partnering with a well-established, regulated financial services group to appoint a Financial Risk Manager into a 2nd line oversight role within their Risk & Compliance function.This is a newly created position, offering broad exposure across financial risk, capital, ORSA and model risk, with genuine visibility at senior leadership and committee level.The roleThe core purpose of this role is to provide independent 2nd line oversight and challenge to the business in relation to financial risks. You will act as a key partner to 1st line Finance teams while maintaining clear separation and assurance responsibilities under the three lines of defence model.Key responsibilities include:Providing 2nd line oversight and assurance of financial risks across the businessSupporting the application of the Risk Management Framework, including risk identification, assessment, appetite setting and monitoringOversight of credit, liquidity and market risks, and challenge of investment and capital decisionsSupporting delivery of ORSA activity, including stress and scenario testing and validation of quantitative componentsEmbedding and maintaining elements of the model risk management frameworkContributing to governance through risk committees, finance forums, Board and ExCo papersDelivering deep-dive reviews and assurance activity on material financial risksThis is a non-operational risk role the focus is on oversight, challenge, assurance and governance rather than owning 1st line delivery.About youWe are keen to speak with candidates from the Insurance Industryand who have a clearunderstanding of2nd line risk responsibilities.You are likely to bring:Experience in a 2nd line risk, financial risk or capital risk roleBackground in InsuranceStrong understanding of financial risks, capital, stress testing and risk appetiteExposure to regulatory frameworks (e.g. Solvency II, PRA / FCA or equivalent)Confidence providing independent challenge to senior stakeholdersA clear grasp of the three lines of defence modelProfessional qualifications such as actuarial, risk or finance credentials are advantageous, but relevant experience is equally valuedWhy apply?True 2nd line role with strong independence and influenceBroad group exposure and senior stakeholder visibilityOpportunity to shape and mature financial risk oversightFlexible working within a stable, regulated organisationGWV Talent Solutions Limited (trading as Gerrard White Consulting and Vermelo RPO) acts as an employment agency for permanent recruitment and an employment business for the supply of temporary and contract workers. By applying for this job you accept the terms of our Privacy Policy and Terms of Service Agreement which can be found atwww.gerrrardwhite.comJBRP1_UKTJ