Financial Risk Manager

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

Job summary

A leading bank is looking for a Financial Risk Manager to ensure compliance with regulatory standards and provide independent challenge to Treasury activities. This role is crucial for managing capital, market, and liquidity risks, and will involve close collaboration with senior stakeholders to enhance the overall risk management framework.

Qualifications

• Experience in financial risk management, particularly in market and liquidity risks.
• Strong communication and stakeholder influence skills.
• Experience with ICAAP and/or ILAAP stress testing is a plus.

Responsibilities

• Provide independent challenge to Treasury & Finance.
• Contribute to risk appetite reporting to the Board.
• Maintain capital, market & liquidity risk policies and procedures.

Skills

Market Risk

Liquidity Risk

Regulatory guidelines

Risk Awareness

Microsoft Excel

Communication skills

Tools

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 of these documents, as well as Internal Audit and supervisory review.
• 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 the broader Risk and Compliance function 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 presentation communication skills.
• Exceptional attention to detail, rigour, and accuracy.
• Demonstrates risk awareness through curiosity and questioning; willing to instigate change to enhance standards.
• A self-starter with high initiative, integrity, and professionalism.
• Experience in ICAAP and/or ILAAP stress testing is advantageous.
• Strong technical and systems skills, including ALMIS, are beneficial but not essential.