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

IT Risk Manager
US$120000 - US$140000 per year, Dallas

Responsibilities: 1st and/or 2nd LOD experience in IT risk management within a large financial...

Apply now
Head of Investment Risk
Negotiable, New York

An exclusive asset manager is seeking an exceptional individual to join the investments team par...

Apply now
Expert Regulatory Risk
Negotiable, Berlin

Expert Regulatory Risk Our client, one of Germany's largest banking groups, is currently looking...

Apply now
IT Audit Manager
US$100000 - US$150000 per year, Dallas

Responsibilities: Responsible for the management of a portfolio of audit assignments to ensu...

Apply now
Senior ALM & Capital Model Validator
Negotiable, Amsterdam

Your working environment: The ALM & Capital Model team validates the models employed for managin...

Apply now
Quantitative Risk Modeler - Energy Trading
Negotiable, Germany

A leading Germany energy company is seeking a highly motivated Quantitative Risk Modeler to join ...

Apply now
Senior Credit Risk Model Expert
Negotiable, Amsterdam

As a Medior/Senior Model Risk Expert, you will be responsible of rolling out the model risk manag...

Apply now
Senior Quantitative Analyst
Negotiable, Düsseldorf

The Quantitative Methods team is responsible for defining and developing the methods that support...

Apply now
Senior Model Risk Manager
Negotiable, Frankfurt am Main

The role is in the Model Risk Management Group. Responsibilities of this position include perform...

Apply now