Financial Risk Manager

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

Job summary

A well-established Bank in London seeks a Financial Risk Manager to oversee Treasury activities and ensure compliance with regulatory requirements. The role involves managing liquidity and capital risks while providing assurance to the board and supporting the strategic planning process. Candidates should have a strong background in market risk and demonstrated skills in regulatory compliance.

Qualifications

• Experience in regulatory guideline interpretation.
• Strong background in market and liquidity risk.
• Excellent written and presentation communication skills.

Responsibilities

• Provide independent challenge to Treasury & Finance.
• Review ALCO packs and contribute to Bank decisions.
• Assist model validation team as a subject matter expert.

Skills

Market Risk

Liquidity Risk

Regulatory Knowledge

Stakeholder Influence

Attention to Detail

Tools

Microsoft Excel

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.
• 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