Risk Transformation - Subject Matter Expert

Location: London (Hybrid)

Level: AVP

Contract

The Role

An established financial services organisation is seeking a Risk Transformation Subject Matter Expert to support a large-scale transformation programme within its Risk function. This role focuses on enhancing risk frameworks, supporting regulatory-aligned change initiatives, and contributing to the delivery of risk-related transformation across multiple workstreams.

Key Responsibilities

• Support the delivery and testing of risk-related business requirements for technology and change initiatives
• Contribute to the development and enhancement of risk methodologies, including impact analysis and regulatory submissions
• Assist with programme and project artefacts, including change documentation and reporting
• Provide risk input into operating model design, strategy, and target state vision
• Engage with internal stakeholders and external market participants on risk management topics
• Ensure compliance with internal policies, governance standards, and audit requirements
• Continuously develop technical expertise and professional capability

Required Experience & Knowledge

• Strong background in risk management within a financial services environment
• Exposure to clearing or centrally managed risk frameworks is highly desirable
• Solid understanding of margining and risk models (e.g. VaR-based methodologies)
• Knowledge of stress testing, back testing, and product valuation principles
• Demonstrable experience working on change or transformation initiatives within Risk
• Familiarity with both waterfall and agile delivery methodologies

Skills & Competencies

• Strong analytical capability with a pragmatic, delivery-focused mindset
• Excellent written and verbal communication skills
• Ability to work collaboratively in fast-paced, deadline-driven environments
• Confident stakeholder engagement and constructive challenge capability
• High levels of self-motivation and attention to detail
• Interest in developing technical skills (e.g. data analysis or automation tools)

Qualifications

• Degree-level education required
• Professional risk qualification (or working towards) is beneficial (e.g. FRM, CFA)
• Change or project management qualifications are an advantage