Location: UK (hybrid / flexible working)

Do you have the right skills and experience for this role Read on to find out, and make your application. Sector: Insurance Function: Risk & Compliance Second Line of Defence Vermelo 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 role The 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 business Supporting the application of the Risk Management Framework, including risk identification, assessment, appetite setting and monitoring Oversight of credit, liquidity and market risks, and challenge of investment and capital decisions Supporting delivery of ORSA activity, including stress and scenario testing and validation of quantitative components Embedding and maintaining elements of the model risk management framework Contributing to governance through risk committees, finance forums, Board and ExCo papers Delivering deep-dive reviews and assurance activity on material financial risks This is a non-operational risk role the focus is on oversight, challenge, assurance and governance rather than owning 1st line delivery. About you We are keen to speak with candidates from the Insurance Industry and who have a clearunderstanding of 2nd line risk responsibilities . You are likely to bring: Experience in a 2nd line risk, financial risk or capital risk role Background in Insurance Strong understanding of financial risks, capital, stress testing and risk appetite Exposure to regulatory frameworks (e.g. Solvency II, PRA / FCA or equivalent) Confidence providing independent challenge to senior stakeholders A clear grasp of the three lines of defence model Professional qualifications such as actuarial, risk or finance credentials are advantageous, but relevant experience is equally valued Why apply? xehkeey True 2nd line role with strong independence and influence Broad group exposure and senior stakeholder visibility Opportunity to shape and mature financial risk oversight Flexible working within a stable, regulated organisation

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