Senior Manager, Financial Risk Management

Job Description

Key Responsibilities

Capital Risk & ORSA

• Lead the independent risk assessment of capital adequacy, stress testing, and Own Risk and Solvency Assessment (ORSA) processes
• Lead the review and challenge of key model and market assumptions, scenarios, and management actions from a risk perspective
• Coordinate inputs across relevant functions to support a coherent, forward‑looking capital risk narrative for senior management and Board committees
• Contribute to clear articulation of capital vulnerabilities, sensitivities, and emerging risks.

Climate-Related Financial Risk Management

• Lead the Risk function’s climate‑related financial risk management
• Lead the research and development of a climate related financial modeling framework
• Coordinate climate risk scenario analysis and integration into Enterprise Risk Management (ERM) and ORSA processes
• Direct collaboration with Investments, Actuarial, and Sustainability stakeholders to ensure climate risk considerations are embedded into decision‑making
• Translate technical analysis into concise, decision‑useful insights for executive and Board audiences

Enterprise-wide Model Risk Governance

• Strengthen model risk governance from a Risk oversight perspective, supporting development and monitoring of model risk appetite and tolerances
• Provide effective challenge related to model use and reliance, including emerging model risks associated with advanced analytics and artificial intelligence
• Contribute to model risk awareness and education across senior management, governance forums, and the first line

Enterprise Risk Reporting & Communication

• Support preparation of risk materials for executive and Board‑level committees
• Focus on prioritization, clarity, and relevance of risk messaging, highlighting what matters most and why

Risk Governance & Coordination

• Support the effectiveness of enterprise risk governance processes and forums
• Enhance clarity of ownership and accountability across risk categories through effective coordination and RACI alignment
• Act as a connector across first‑ and second‑line functions to ensure consistent understanding and management of enterprise risks

People Leadership

• Lead, manage, coach and develop one direct report through clear objectives, regular feedback and meaningful development opportunities

Key Qualifications

• Education (minimum required): Bachelor's degree in Actuarial Science, Mathematics or similar
• Experience (minimum required): Looking for 10+ years
• Qualified actuary or senior actuarial student with significant practical experience
• Strong understanding of capital adequacy, stress testing, and enterprise risk management within financial services
• Solid knowledge of model risk concepts and governance frameworks
• Demonstrated ability to interpret and challenge complex technical information and communicate it clearly to senior audiences
• Experience operating in cross functional environments with multiple stakeholders
• Strategic thinking and sound judgment
• Strong written and verbal communication skills
• Ability to synthesize complex information into clear insights
• Capable of providing challenge while maintaining collaborative relationships
• Curiosity and ability to research emerging and evolving risk topics

#LI-Hybrid

Salary Range:

$121,000.00 - $159,500.00

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.