Risk Management

Risk Management

​“An ounce of prevention is worth a pound of cure.” This sentiment is the reason that risk management exists. In global markets that are increasingly marked by volatility and subject to complex social, political and economic change, risk management is more crucial than ever to keep companies out of the red and into the black. Risk management teams identify, evaluate and prioritize risks and act to minimize and control adverse events or maximize opportunities that come with disruption.

Over the last decade, in the wake of the global financial crisis, risk management has become increasingly important to help protect financial markets and prevent firms experiencing further fines and sanctions. A report by Boston Consulting Group says that banks across the world have paid about $321bn in fines in the decade following the 2008 financial crisis. Important trends suggest that risk management is set to experience even more sweeping change in the next decade.

A recent report by McKinsey & Company explains how the role of risk management will change in the coming years. Today, about half of the risk management employees are dedicated to risk-related operational processes such as credit administration, while 15% work in analytics. The reports forecasts that by 2025, these numbers will be closer to 25 and 40%, respectively.

The US Bureau of Labor statistics anticipates job growth in the field of risk management at about 19% through 2026. This is significantly faster than average for all occupations. Selby Jennings has partnered with RiskMinds Americas to explore the challenges facing the financial services industry and how risk teams can prepare for the future. The Global Association of Risk Professionals explains how Risk Management is evolving as digitization, automation, and externalization are becoming vital trends in the function within banking. Data breaches and cyber-security is a growing problem in all industries, particularly financial services, increasing the need for good risk management teams.

Risk Management Jobs

Cyber Security Risk Manager - VP
Negotiable, Virginia

Our client, a prestigious US financial services firm, is looking to hire a motivated, driven, and...

Apply now
Treasury Quantitative Analyst
Negotiable, Dallas

A leading Financial Services company, part of an internationally known brand is actively growing ...

Apply now
Senior Market Risk Manager
€90000 - €90001 per annum, Amsterdam

My clients are looking for a senior professional to strengthen the Market Risk team. team. As a S...

Apply now
Regulatory Expert - Credit Risk
Negotiable, Amsterdam

Your role One of key focus areas is portfolio regulatory readiness; ensuring proper understanding...

Apply now
Team Lead - Portfolio Risk Analytics
Negotiable, Dallas

An industry-leading consumer bank is looking to build out its Loss Forecasting - Portfolio Risk A...

Apply now
Regulatory Reporting - Lead Analyst
Negotiable, Frankfurt am Main

The Finance Reporting Lead Analyst is responsible for driving the generation, analysis, and submi...

Apply now
Senior Manager - Quantitative Methods
Negotiable, Frankfurt am Main

An international consultancy is seeking a Senior Manager to join their Quantitative Risk team in ...

Apply now
Senior Consultant - Risk / Trading
Negotiable, Germany

A specialist consultancy are rapidly expanding their team in Germany - they are seeking highly mo...

Apply now
Enterprise Risk Manager
Negotiable, Texas

Our client, a prestigious US financial services firm, is looking to hire a motivated, driven and ...

Apply now