Financial Risk Manager, Freetrade

£65-85k

Mid level
London

4-5 days a week in office

Freetrade

Commission-free, self-directed investment platform

Job no longer available

Freetrade

Commission-free, self-directed investment platform

101-200 employees

FintechB2CInvesting

Job no longer available

£65-85k

Mid level
London

4-5 days a week in office

101-200 employees

FintechB2CInvesting

Company mission

To become the default place to invest.

Role

Who you are

  • You are a highly skilled in Risk Management, with deep technical expertise in at least one area of financial risk (ideally several)
  • You have extensive expertise and experience of the key prudential regulatory assessments, e.g. ICAAP / ICARA
  • You keep up to date with prudential regulatory changes, as well as developments in industry risk management practices and technology
  • You have experience of securities markets. Experience of equity and FX market risk, securities lending and counterparty credit risk would all be assets
  • You ideally have experience from a technology-led financial institution and/or start-up / scale-up environments
  • You prioritise a practical approach to risk management
  • You can translate risk concerns and processes to employees from a diverse group of disciplines, including non-financial ones
  • You are resourceful and self-starting; you have appetite for picking up areas of which you have limited past experience, learning and where needed recruiting expertise
  • You have strong numerical skills and are comfortable with the application and analysis of risk concepts, such as VaR
  • You are ambitious and attracted to Freetrade’s company mission and to building your career at a fast-paced scale-up
  • You are excited by working in continual partnership with the business functions
  • You are constantly looking to learn, whether deepening your risk knowledge or increasing your context from working across the company or from the financial sector

What the job involves

  • We are looking for an expert candidate to join as a Financial Risk manager. You will join a fast growing Risk team in its early stages of development, as Freetrade moves to its next stage of growth and global expansion. The role will report directly to the Head of Risk. You will work across Freetrade’s functions and business lines, from the engineering and product teams, to operations and compliance. You will help build a best in class, scalable and data driven risk function, shaping risk management in both the first and second lines
  • Establish the Financial Risk Management framework, in partnership with the Head of Risk; including the development and maintenance of the risk policies, risk appetite statements and KRIs
  • Own, drive and be the subject matter expert for the regulatory capital and liquidity assessment processes (e.g. ICAAP / ICARA, wind-down plan, stress testing, Pillar 3) across Freetrade’s expanding group, in partnership with the broader Risk team and Finance team
  • Management of financial risk appetite through limit calibration and monitoring, including for FX and equity market risk, counterparty credit risk and liquidity risk
  • Provide review and challenge of first line financial risk
  • Close partnership with business functions to identify, monitor, and govern emerging financial risks, including risk assessments, maintenance of key policies, procedures, and controls

Salary benchmarks

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Insights

Rocket List 2021

35% female employees

71% employee growth in 12 months

Company

Company benefits

  • Holidays – 25 days plus UK public holidays (pro-rata)
  • Enhanced pension – We’ll match your contributions up to 5%
  • Group Life Insurance – Protect your loved ones with coverage at 5x your salary, ensuring financial security in any circumstance
  • Private Health Insurance - Which includes access to high quality medical care, mental health support, dental and vision plans, Wellness programs and preventative care initiatives are also provided to ensure the wellbeing of your entire family
  • Paid Sick Leave – Receive 10 days of fully paid sick leave each calendar year (pro-rata)

Our take

2025 is a big year for Freetrade. In January, they announced a game changing deal to become part of the IG Group. They will continue to operate as an independent business while gaining access to the resources and support of an established leader in the space.

This year, they are accelerating their roadmap and taking their products to the next level. They are building new features like mutual funds, bonds, and family investment tools. They are also exploring how they can leverage AI to deliver an even better experience for their customers.

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Freddie

Company Specialist at Welcome to the Jungle