Financial Risk Manager

JR United Kingdom; Basildon; On-site; GBP 60,000 - 90,000; Full time

Job summary

A dynamic and well-established Bank in London seeks a Financial Risk Manager responsible for managing risk appetites and providing assurance on Treasury activities. Candidates should have a strong understanding of market and liquidity risks, excellent communication skills, and the ability to influence stakeholders. This role requires a self-starter with high attention to detail and experience in regulatory environments.

Qualifications

• Experience interpreting and understanding regulatory guidelines.
• Strong background in Market and Liquidity Risks.
• High proficiency in Microsoft Excel.

Responsibilities

• Provide independent challenge to Treasury & Finance to ensure adherence to requirements.
• Review and challenge ALCO packs.
• Provide documented assurance of ICAAP and ILAAP.

Skills

Market and Liquidity Risks

Regulatory Guidelines Interpretation

Stakeholder Influence

Attention to Detail

Communication Skills

Tools

Microsoft Excel

ALMIS

Job description

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Rev & Regs are seeking a Financial Risk Manager to work for a dynamic and well-established Bank in the City of London.

The Financial Risk Manager role is a key 2nd line for Treasury activities, providing assurance and challenge to the 1st line of defence on the identification, measurement, management and control of capital, market and liquidity risks. You will manage the risk appetite for liquidity, funding, market and capital risk and support the corporate and strategic planning cycle and associated funding plan processes.

Responsibilities:

• Provide independent challenge to Treasury & Finance to ensure the business adheres to Regulatory and internal requirements.
• Recommend triggers and limits and contribute to risk appetite reporting to the Board.
• Review and challenge the ALCO packs and contribute to the Bank’s decisions on ALCO matters.
• Ensure all capital, market & liquidity risks policies and risk management procedures are reviewed, maintained and developed in response to ongoing change in the business and external environment and to meet regulatory standards.
• Provide documented assurance of ICAAP and ILAAP challenge and outcomes, supporting governance and review processes.
• Attend and contribute to challenge at Pricing Committee.
• Provide assurance over FTP assumptions and implementation.
• Monthly pipeline assurance and backtesting.
• Ongoing monitoring and challenge of Treasury assumptions (e.g., prepayment, pass-through, EIR, etc.).
• Assist the model validation team as a subject matter expert in Treasury models' assumptions and outcomes.
• Support broader Risk and Compliance functions as required.

Experience:

• Experience interpreting and understanding regulatory guidelines.
• Strong background in Market and Liquidity Risks, with experience of IRRBB measurement approaches.
• High proficiency in Microsoft Excel.
• Experience influencing senior stakeholders.
• Excellent written and verbal communication skills.
• Exceptional attention to detail, rigour, and accuracy.
• Curiosity and questioning attitude to promote risk awareness and standards improvement.
• A self-starter with initiative, integrity, and professionalism.
• Experience in ICAAP and/or ILAAP stress testing is advantageous.
• Technical and systems skills including ALMIS are beneficial but not essential.