Financial Risk Manager

JR United Kingdom; Sheffield; On-site; GBP 60,000 - 80,000; Full time

Job summary

A well-established Bank in the City of London is seeking a Financial Risk Manager to ensure compliance with regulatory requirements and manage risks associated with capital, market, and liquidity. The role involves reviewing policies, influencing senior stakeholders, and providing assurance on various financial risks. Ideal candidates should possess strong analytical and communication skills, with experience in risk management within a banking context.

Qualifications

• Experience interpreting and understanding regulatory guidelines.
• Strong background in Market and Liquidity Risks.
• Excellent communication and presentation skills.

Responsibilities

• Provide independent challenge to Treasury & Finance.
• Recommend triggers and limits for risk appetite.
• Monthly pipeline assurance and backtesting.

Skills

Communication

Attention to Detail

Analytical Skills

Risk Awareness

Tools

Microsoft Excel

Job description

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Financial Risk Manager, Sheffield, South Yorkshire

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Client:

Location:

Sheffield, South Yorkshire, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

2

Posted:

06.06.2025

Expiry Date:

21.07.2025

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Job Description:

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.
• Make sure 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, to support the governance path of these documents, as well as Internal Audit and supervisory review.
• Attend and contribute 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 the assumptions and outcomes of Treasury models.
• 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 level of proficiency in Microsoft Excel.
• Experience influencing senior stakeholders.
• Excellent written and presentation communication skills.
• Exceptional attention to detail, rigour, and accuracy.
• Portrays risk awareness through curiosity and questioning and willing to instigate change to enhance standards.
• A self-starter with a high level of initiative, integrity and professionalism.
• Experience in ICAAP and/or ILAAP stress testing would be an advantage.
• Strong technical and systems skills including ALMIS would be beneficial but not essential.