Senior 2LoD Risk Analytics & Stress Testing Lead

Bank Of China; England; On-site; GBP 90,000 - 140,000; Full time

Job summary

Bank of China in the United Kingdom is seeking an Assistant Vice President - Financial Risk Analytics & Stress Testing (2LoD) to provide independent oversight of risk analytics, liquidity, IRRBB, capital and market risk models, and to support ALM system implementation and regulatory reporting.

The role requires strong quantitative modelling skills, experience with PRA/FCA regulatory engagements, and excellent communication and stakeholder management abilities.

Qualifications

• Degree in a quantitative discipline (Maths, IT, Physics, Economics, Statistics, Engineering or equivalent).
• Professional qualification in Risk Management, ALM or Treasury desirable.
• Experience in liquidity, IRRBB and capital risk management in a regulated bank.
• 2LoD/independent oversight experience and quantitative model & treasury systems implementation.
• Experience in IRRBB, market and liquidity risk modelling and ALM system implementation.
• Experience with regulators (PRA, FCA) including reviews/remediation programmes.
• Programming skills in Python and/or R.
• Excellent communication and stakeholder management abilities.
• Attention to detail and analytical judgement for complex regulatory issues.

Responsibilities

• Act as the 2LoD SME for financial risk analytics, capital adequacy and ALM system implementation.
• Support enhancement of quantitative modelling across IRRBB, liquidity and capital risk.
• Ensure risk frameworks align with Enterprise Risk Management Framework and regulatory requirements.
• Promote clear roles and segregation of duties across 1LoD/2LoD with accountability.
• Provide independent 2LoD review of liquidity and capital regulatory reports and methodologies.
• Oversee stress testing, scenario analysis and sensitivity analysis for risk appetite and capital planning.
• Challenge 1LoD controls testing and implement an independent 2LoD controls testing programme.
• Review remediation plans and oversee regulator/audit issue resolution.
• Support risk oversight committees with robust analysis and independent challenge.
• Drive improvements across Regulatory Reporting, Liquidity and Capital Risk Frameworks.

Skills

Python

R

Communication

Stakeholder management

Analytical thinking

Education

Quantitative degree

Tools

ALM systems

Job description

Bank of China in the United Kingdom is seeking an Assistant Vice President - Financial Risk Analytics & Stress Testing (2LoD) to provide independent oversight of risk analytics, liquidity, IRRBB, capital and market risk models, and to support ALM system implementation and regulatory reporting.

The role requires strong quantitative modelling skills, experience with PRA/FCA regulatory engagements, and excellent communication and stakeholder management abilities.