Financial Risk Manager

JR United Kingdom; Stockport; On-site; GBP 70,000 - 90,000; Full time

Job summary

A dynamic and well-established Bank in the City of London is seeking a Financial Risk Manager. In this pivotal role, you will manage liquidity, funding, market, and capital risks while ensuring adherence to regulatory standards. This position requires a proactive self-starter with expertise in risk assessment and stakeholder management. If you have a background in Market and Liquidity Risks and a keen eye for detail, this role offers an excellent opportunity in the financial sector.

Qualifications

• Understanding of regulatory guidelines and reporting.
• Experience in Market and Liquidity Risks, especially IRRBB.
• Ability to influence senior stakeholders.

Responsibilities

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

Skills

Stakeholder Influence

Attention to Detail

Analytical Skills

Regulatory Understanding

Tools

Microsoft Excel

ALMIS

Job description

Social network you want to login/join with:

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:

• Understanding of regulatory guidelines.
• Background in Market and Liquidity Risks with IRRBB measurement experience.
• Proficiency in Microsoft Excel.
• Experience influencing senior stakeholders.
• Excellent written and presentation skills.
• Attention to detail, rigour, and accuracy.
• Curiosity and questioning attitude to enhance standards.
• Self-starter with initiative, integrity, and professionalism.
• Experience in ICAAP and/or ILAAP stress testing is advantageous.
• Knowledge of systems like ALMIS is beneficial but not essential.