Risk Manager - Market & Liquidity - Wolverhampton

ZipRecruiter; Wolverhampton; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading financial institution seeks a Market and Liquidity Risk professional to manage risk analytics and reporting. This role involves collaboration with the Heads of Market and Liquidity Risk, focusing on ALM systems and regulatory compliance. The ideal candidate will possess strong experience in liquidity risk management and hold relevant qualifications.

Benefits

Discretionary annual bonus up to 15%

28 days annual leave plus bank holidays

Contributory pension (8% employer, 5% employee)

Life Assurance (4x salary)

Private Medical Insurance

Hybrid working option

Cycle Purchase

Technology Purchase

Season Ticket Loan

Employee Perk Portals

Qualifications

• Experience in managing market and liquidity risk.
• Knowledge of ILAAP and ICAAP processes.
• Strong analytical skills for developing risk models.

Responsibilities

• Support management of market and liquidity risk issues.
• Develop management information for risk reporting.
• Conduct thematic reviews for liquidity and market risk compliance.

Skills

Liquidity risk management

Market risk analysis

Stress testing

Risk reporting

Education

Professional ALM risk management (ALMA) qualification

Job description

Job Description

About the team: Do you know the difference between an ILAAP and an ICAAP? Do you love developing models and/or have experience using systems like Focus? If so, the Market and Liquidity Risk team would love to hear from you.

The team supports the bank by ensuring all activities adhere to internal and regulatory risk appetite requirements, providing oversight and challenge to other departments and strategic initiatives. About us: The OSB Group is a FTSE 250 specialist mortgage lender, focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our retail savings franchises, Kent Reliance and Charter Savings Bank, with diversification of funding through securitisation platforms.

OSB's cost-efficient operating model is supported by our subsidiary OSBIndia. We value our people and aim to build a collaborative environment, supporting diversity through various employee networks and initiatives like the Women in Finance Charter and Women in Leadership Programme.

What you will be doing: You will support the Heads of Market and Liquidity Risk in managing market and liquidity risk issues, including analytics, management information, stress testing, and hedging strategies, with a focus on ALM systems implementation and maintenance. Your responsibilities include:

1. Developing management information for risk reporting to executives and the Board, managing report production and review.
2. Overseeing MI submissions to ALCO and other committees.
3. Supporting planning efforts such as ILAAP and ICAAP.
4. Analyzing and proposing updates to Board risk appetite for market and liquidity risk.
5. Conducting thematic reviews focusing on liquidity and market risk regulatory compliance.
6. Developing and operating analytical models like Stress Tests and Forecasts.
7. Leading risk input on ALM/Treasury system migrations and upgrades.
8. Managing 1-2 Risk Analysts.

In return for your commitment: We offer a competitive salary and benefits, including:

• Discretionary annual bonus up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer, 5% employee)
• Life Assurance (4x salary) and Group Income Protection
• Private Medical Insurance and Cash Plan
• Additional benefits: Hybrid working, Cycle Purchase, Technology Purchase, Season Ticket Loan, Holiday schemes, Employee Perk Portals, Payroll giving, Save as you Earn scheme

Could you be the one? We seek talented individuals with experience and knowledge in managing risks related to assets and liabilities (liquidity and IRRBB), and a strong understanding of liquidity risk management, especially in retail savings. Qualifications in or working towards Professional ALM risk management (ALMA) are desirable.

We support your career development to help you become the best version of yourself. What to do next: If interested, please send us your CV. Shortlisted candidates will undergo a personalized interview process. OSB Group is committed to equality and diversity, promoting an inclusive workplace and supporting initiatives like the Women in Finance Charter. We value face-to-face interaction but also support flexible, hybrid working arrangements.

Applicants must have the right to work in the UK and be willing to undergo pre-employment screening. Due to high application volume, only shortlisted candidates will be contacted.