Financial Risk Manager

JR United Kingdom; Chesterfield; On-site; GBP 70,000 - 100,000; Full time

Job summary

Rev & Regs is seeking a Financial Risk Manager for a well-established Bank in London. This role is crucial in managing capital, market, and liquidity risks while ensuring compliance with regulatory standards. The successful candidate will have a strong background in risk management, excel in communication, and possess exceptional attention to detail.

Qualifications

• Experience interpreting regulatory guidelines.
• Strong background in Market and Liquidity Risks with IRRBB measurement experience.
• Exceptional attention to detail and communication skills.

Responsibilities

• Provide independent challenge to Treasury & Finance.
• Review and contribute to risk appetite reporting.
• Maintain and develop risk management procedures.

Skills

Market and Liquidity Risks

Microsoft Excel

Regulatory Guidelines

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 the 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.
• Provide support to the broader Risk and Compliance function where required.

Experience:

• Experience of 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.
• Risk awareness demonstrated 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.