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

CRO - Boutique Hedge Fund
Negotiable, New York, USA

Elite boutique hedge fund based in NYC is seeking a CRO to partner with the Chief Investment Off...

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VP - Corporate credit risk manager
Negotiable, New York, USA

A Global Investment Bank is looking to bring on an experienced individual to join their Credit R...

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Sr Credit Risk Strategy Analyst
Negotiable, Chicago, Illinois

A top performing consumer lending Fintech firm is looking to build out its strategy and analy...

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Enterprise Risk Manager - Risk Appetite
Negotiable, San Antonio, Texas

A leading American Financial institution is building out its Risk Management function across the...

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Asset Liability Management Risk Manager - Senior
Negotiable, San Antonio, Texas

A leading American financial institution is further building out it's Interest Rate Risk functio...

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Regulatory Risk Analyst
Negotiable, Frankfurt am Main, Hessen

Regulatory Risk Analyst One of our fastest growing and most successful clients from the Frankfur...

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Non-Financial Risk Manager
Negotiable, Frankfurt am Main, Hessen

Non-Financial Risk Manager Our client is one of Germany's leading financial services companies a...

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AVP-US CCAR Auditor
Bonus, England

A top global investment bank is currently looking to expand its internal audit team covering the...

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Sr Credit Risk Analyst
Negotiable, Tampa, Florida

A leading financial services company is currently seeking a Sr Credit Risk Analyst to grow their...

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