Financial Risk Manager

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

Job summary

A dynamic Bank in the City of London is seeking a Financial Risk Manager to oversee and challenge Treasury activities. This key role focuses on managing capital and liquidity risks, ensuring compliance with both internal and regulatory standards while supporting corporate planning processes. Ideal candidates will have a strong background in market risks, excellent communication skills, and a proactive approach to risk management.

Qualifications

• Strong background in Market and Liquidity Risks, with IRRBB measurement experience.
• High proficiency in Microsoft Excel.
• Experience in ICAAP and/or ILAAP stress testing is advantageous.

Responsibilities

• Provide independent challenge to Treasury & Finance for adherence to regulatory requirements.
• Review and challenge ALCO packs for Bank’s decisions.
• Ensure all risk policies and management procedures are compliant and updated.

Skills

Regulatory Guidelines Interpretation

Market and Liquidity Risks

Microsoft Excel

Communication Skills

Attention to Detail

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 and compliance 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 model 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 in 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.
• Risk awareness demonstrated through curiosity, questioning, and a willingness to instigate change to improve standards.
• A self-starter with 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.