Senior Financial Risk Manager

What you'll do You'll lead the second-line financial risk function, partnering with the business to design and embed a framework that scales with us. In practice, that means: - Lead independent identification, measurement, monitoring, and reporting of credit, market, and liquidity risks across the balance sheet - Maintain and develop the risk appetite framework, limits, and early-warning indicators, escalating breaches and driving remediation - Independently validate and challenge risk models built by the first line (PD/LGD/EAD, IFRS 9 ECL, liquidity and IRRBB), and own the model risk management framework - Oversee liquidity and funding metrics (LCR, NSFR, survival horizon) and challenge deposit behavioural and funding concentration assumptions - Evaluate the risk components of the ICAAP and ILAAP, including internal stress testing, scenario design, and capital and liquidity adequacy - Deliver timely, decision-ready reporting that gives the CRO, executive management, and the Board Risk Committee a forward-looking view of market risks - Translate regulatory developments (CRR3/CRD VI, BRRD, EBA guidelines, FFFS) into policies, appetite, and methodology - Provide second-line challenge on new products, policy changes, business and funding plans, and strategic initiatives - Coach other risk analysts and build risk awareness across the organisation as a trusted partner, not a blocker ##### Who you are You've built financial risk frameworks in regulated financial institutions and know how to make them practical, not bureaucratic. You're as comfortable challenging a financial risk owner as you are presenting to the Board, and you bring the judgment to know when to push and when to partner. More specifically, you bring: - Several years of experience in financial risk management within a bank, credit institution, or consultancy serving financial institutions - MSc in Finance, Economics, Engineering, Mathematics, or an equivalent quantitative field - Deep knowledge of the EU banking regulatory framework — CRR3/CRD VI, EBA guidelines, and Finansinspektionen's regulations (FFFS) - Hands-on experience with ICAAP/ILAAP, stress testing, and regulatory reporting (COREP/FINREP a plus) - Strong quantitative and modelling skills, with proficiency in Excel and at least one of Python, R, or SQL - Experience with IFRS 9 expected credit loss modelling or credit portfolio analytics is a strong plus - The ability to translate complex quantitative results into clear, decision-ready messages for the Board, management, and regulators - The independence to provide constructive challenge to the first line and senior management, with high integrity and sound judgment under regulatory scrutiny - A pragmatic, hands-on mindset — comfortable in a smaller bank where you build as well as oversee - Fluent in English and Swedish - FRM, PRM, or CFA certification is a plus ##### Why Brocc? We're a ~50-person team backed by Cerberus Capital Management, with local presence in Stockholm, Helsinki, and London and operations across 15 European markets. You'll join at a pivotal moment in our growth, with real ownership of your area and direct visibility to senior leadership, including the CRO, CEO, and Board. We move fast, we value people who take initiative, and we're building a credit institution that genuinely changes how consumers and counterparties experience finance. Sound like you? We'd love to hear from you – send us your application and let's talk. Department Risk Location Stockholm Regeringsgatan 25 111 53 Stockholm Sweden [Directions](https://www.google.com/maps?q=59.33168800000001,18.06808) [help@brocc.se](mailto:help@brocc.se) [+](https://career.brocc.se/jobs/8172311-senior-financial-risk-manager# "Zoom in") [−](https://career.brocc.se/jobs/8172311-senior-financial-risk-manager# "Zoom out") [Protomaps](https://protomaps.com/) © [OpenStreetMap](https://openstreetmap.org/copyright) Brocc is a technology-driven financial services company offering smarter and fairer lending, savings, and debt management solutions. Since 2016, we have grown from a peer-to-peer platform into a pan-European credit institution with operations across 15 markets and local presence in Sweden, Finland, and the United Kingdom. We provide competitive savings accounts backed by the national deposit guarantee scheme, consumer lending, and one of Europe's leading specialized platforms for managing unsecured non-performing loans. Our mission is to deliver modern, transparent, and fair financial solutions powered by innovation, data-driven insights, and highly engaged employees. Let’s recruit together and find your next colleague. brocc.se @brocc.se brocc.se brocc.com Log in Close modal Close modal