Financial Risk Manager

Sterling Williams Ltd; Greater London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

An international bank is seeking a Financial Risk Manager for a 12-month Fixed-Term Contract, focusing on credit risk analytics and IFRS9 modelling. The role offers hybrid working, requiring strong analytical skills, experience in credit risk, and stakeholder management. The ideal candidate will have a proactive approach and be able to deliver management information efficiently while managing ECL processes. This role combines business and technical aspects of risk management, making it a pivotal position within the department.

Qualifications

• Strong analytical skills and experience in credit risk analysis.
• Excellent knowledge of IFRS9 modelling and related concepts.
• Experience working in regulated environments.

Responsibilities

• Build Credit Risk analytics expertise across the Bank.
• Support and maintain credit risk scorecards.
• Manage IFRS9 Expected Credit losses and sensitivity analysis.
• Prepare and present Credit MI reporting to stakeholders.

Skills

Strong analytical capability

Excellent Excel skills

PowerPoint skills

Stakeholder management skills

Proactive approach

Credit Risk experience

Knowledge of IFRS9 modelling

Understanding of PD, LGD, ECL

Forecast modelling

SAS/SQL skills

Job description

Sterling Williams are currently supporting an International Bank based in the West End of London who are seeking a Financial Risk Manager on a 12 month Fixed Term Contract to cover Maternity.

Financial Risk Manager

Full-time; Hybrid working on offer (3 days per week) based in the London office

12 month Fixed-Term Contract

Reporting to the Senior Manager in Finance the primary purpose of the role is to deliver credit risk analytics expertise, ECL model / process enhancement and output, and appropriate Management Information to support good Credit Risk management, including delivery of monthly MI and commentary in relation to the ongoing performance of the book.

The successful candidate will interact with a range of stakeholders and will have an opportunity to build and streamline existing processes, with the role offering a good balance between the business and technical elements of risk management.

Key Responsibilities

Build Credit Risk analytics and provide expertise across the Bank.

Support, build and maintain credit risk PD (Probability of Default) and LGD (Loss Given Default) scorecards.

Own and independently manage the IFRS9 Expected Credit losses (ECL) and sensitivity analysis within the risk management department, ensuring strong governance, controls, processes and procedures are in place.

Primary contact to address ECL / Credit MI queries from various stakeholders.

Proactively analyses and report emerging trends / changes and assess the impact on the Banks portfolio.

Preparing and presenting (when required) Credit MI reporting to management & Board Committees.

Deliver one off activities and projects to the outcomes and standards agreed with line manager.

The successful candidate will likely have

Strong analytical capability, excellent Excel and PowerPoint skills, demonstrable stakeholder management skills and a proactive approach to work.

The successful candidate will have Credit Risk experience with exposure to IFRS9 modelling and concepts such as Probability of Default, Loss Given Default and Estimated Credit Loss, and excellent written / oral communication skills (In depth understanding of calculation of PD, LGD and ECL).

The candidate should also have knowledge of forecast modelling and be able to contribute to likelihood scenario discussions based on comprehensive experience and knowledge of macro-economic scenarios that could affect the Bank's balance sheet.

It would be advantageous to have good SAS / SQL skills or the ability to learn quickly and develop the necessary technical competencies.

Strong Credit Risk analysis and ECL modelling.

Understanding of property finance products.

Analytical, innovative and enquiring approach and the ability to work autonomously and take initiative where required.

Experience working in a regulated environment.