Market & Liquidity Risk Analyst FTC

FirstBank UK Limited; Greater London; Hybrid; GBP 52,000 - 78,000; Full time

Benefits offered by this job

Up to 10% employer pension

Life Assurance

Income protection

Private Medical Insurance

Gym subsidy

Cycle to work

Employee Assistance Program

Annual leave 25+ days

Job summary

FirstBank UK Limited is seeking a Market & Liquidity Risk Analyst on a 9-month fixed-term contract. The role is hybrid with three days in the office and two days remote, based in Greater London.

You will produce MI, monitor risk KPIs and support stress testing, regulatory submissions and risk reporting. The ideal candidate has strong quantitative skills, experience in market/ liquidity risk analytics, and proficiency with Excel, SQL, Python and Power BI.

Qualifications

• Degree in a quantitative field such as Engineering, Mathematics or Statistics.
• Experience in Market or Liquidity risk analytics is required.
• Strong numeracy and data analysis skills.
• Familiarity with market risk concepts and treasury products is desirable.

Responsibilities

• Produce regular MI to monitor market risk KPIs.
• Survey bonds, FX, derivatives, and repo activities for limits compliance.
• Engage with stakeholders to advise on market risk matters.
• Analyze new product initiatives for market risk impact.
• Assist in market and liquidity stress testing and regulatory submissions.
• Maintain market risk procedures and risk control documentation.
• Perform data analytics, validation and portfolio analysis for risk appetite.
• Support regulatory reporting and second-line reviews.
• Monitor counterparty exposures and risk reporting.

Skills

Market risk

Liquidity risk

Risk analytics

Quantitative degree

Excel modelling

SQL

Power BI

Python

MI packs & dashboards

Regulatory reporting

Education

Bachelor's degree in Engineering/Mathematics/Statistics

Tools

SQL

Power BI

Python

Excel

Job description

FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements & growth, we are now looking to acquire the services of a Market & Liquidity Risk Analyst to cover a contract for 9 months.

• Please note that this is a fixed-term-contract to cover a 9 month period.
• Please note that this is a hybrid role with 3 days in the office and 2 days working from home

Key Responsibilities:

• Produce regular management information (MI) supporting the monitoring of market risk KPIs.
• Conduct surveillance of bond, FX, derivatives, and repo activities to ensure compliance with approved limits for trading and banking book positions.
• Engage with first-line stakeholders to provide support, challenge, and informed advice on market risk matters, escalating issues appropriately.
• Support assessment of new product initiatives that may generate market risk by performing structured analysis and documenting findings.
• Assist with market and liquidity stress testing, contributing to internal assessment frameworks and regulatory submissions (ICAAP, ILAAP, RRP).
• Maintain up‑to‑date market risk procedures, RCSA documentation, and contribute to audit and control activities.
• Perform data analytics, validation tasks, and portfolio analysis supporting the Bank’s risk appetite monitoring.
• Support second-line review of regulatory reporting.
• Support the second line challenge of management of key liquidity and funding metrics
• Support the monitoring of counterparty credit exposures, limit usage and risk reporting.

Key Skills/Experience:

• Previous proven experience within Market Risk, Liquidity Risk, Risk Analytics or other related quantitative risk management roles.
• A quantitative or analytical degree within Engineering, Mathematics, Accounting, Statistics or similar field.
• Strong numeracy & data analysis experience/knowledge.
• Strong understanding of market risk management and its principles.
• Strong familiarity with quantitative finance concept.
• Strong Excel skills including complex modelling & automation.
• Strong skills within SQL, Power BI, Python or equivalent analytical tools.
• Experience developing MI packs, dashboards and automated reporting.
• Previous experience working with Treasury products and regulatory reporting is desirable, however not essential.

In return we offer a fantastic benefits package including:

• Up to 10% employer pension contribution
• Life Assurance Cover
• Income protection
• Private Medical Insurance plan (upon successful completion of probation period)
• Contribution to glasses/contacts and eye testing
• Gym subsidy (up to £50 per month)
• Cycle to work scheme
• Employee Assistance Program
• Interest Free season ticket loan for travel
• 25 days annual leave, rising to 28 after 3 years and 30 after 8 years’ service
• Give As You Earn (GAYE)

First Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.

The Curve Group is First Bank UK’s outsource partner for Recruitment and a "Data Processor". The Curve Group will hold the information you submit but First Bank UK will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/