Senior Risk Analyst – Prudential Stress Testing

Empirical Search; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A reputable financial services firm is seeking a candidate to enhance its stress testing frameworks and risk management practices. This role involves overseeing capital adequacy assessments and climate risk analysis, requiring strong analytical and programming skills, particularly in R or Python. Candidates should have a background in quantitative disciplines and be familiar with UK or EU regulatory requirements. The successful applicant will collaborate across teams and communicate complex insights to both technical and non-technical audiences.

Qualifications

• Knowledge of UK or EU regulatory requirements for stress testing.
• Experience in a financial institution, consultancy, or regulatory body.
• Understanding of macroeconomics and risk management.
• Interest in current macroeconomic and market trends.

Responsibilities

• Develop stress testing frameworks and risk identification processes.
• Oversee capital adequacy assessments and climate risk analysis.
• Communicate complex findings to various stakeholders.
• Work closely with teams across the organization.

Skills

Knowledge of stress testing

Strong analytical skills

Technical programming skills (R, Python)

Communication skills

Collaborative skills

Education

Academic background in a quantitative discipline

Job description

Role Description

• Contribute to the development and enhancement of our enterprise-wide stress testing frameworks, scenario design, and risk identification processes
• You will be involved in the oversight of capital adequacy assessments and climate risk scenario analysis, helping to deliver meaningful insights into the organisation’s risk profile and financial strength
• Apply your analytical skills to complex risk challenges, communicate your findings to both technical and non-technical audiences, and support the ongoing development of risk management practices within the organisation
• Collaboration and connection are central to this role, as you work closely with teams across the firm and participate in key projects and initiatives
• Your work will have a direct impact on the strategic decision-making of the business, as you engage with a wide range of stakeholders across EMEA and beyond

Role Requirements

• Knowledge of stress testing, and familiarity with UK or EU regulatory requirements and guidance related to stress testing and capital adequacy assessments
• Experience in a related role or with transferable skills gained within a financial institution, consultancy, regulatory body or rating agency
• Academic background in a quantitative discipline, with an understanding of macroeconomics and risk management
• Interest in financial markets, including current and emerging macroeconomic, financial, commodity and asset management market trends
• Strong technical, analytical and programming skills (such as R, Python or similar), with the ability to communicate complex concepts to non-technical stakeholders
• Ability to work collaboratively, demonstrating strong verbal, written, communication and presentation skills