Role & Responsibilities
- Support the Head of Financial Risk with maintaining and embedding the Interest Rate, Market, Liquidity, Credit and Climate Risk frameworks.
- Undertake required analysis to prepare recommendations for investments and associated hedging.
- Day to day risk control responsibilities including, but not limited to, monitoring risk limits and indicators, investigating exceptions and concerns and making recommendations to the CRCO (Chief Risk & Compliance Officer).
- Collaborate with the Treasury & Banking function and the business more widely to calibrate the Financial Risk appetite.
- Develop risk modelling methodologies using third-party risk models as well as tools developed internally to provide insight on risk exposures
- Support capital and liquidity stress-testing.
- Review and challenge the regulatory submissions as part of the Regulatory Reporting Oversight Framework.
- Develop risk modelling methodologies using third-party risk models as well as tools developed internally to provide insight on risk exposures.
Experience & Qualifications
- A minimum of 5 years’ experience within Market Risk.
- Some experience in contributing to ILAAP, ICAAP and recovery planning. Preferred candidate will have relevant banking experience in at least one.
- Ability to read and apply relevant PRA and CRR regulations.
- Basic understanding of financial risk including from climate change.
- Digital skills
- Outstanding communication skills - both written and spoken.
- Inquisitive mind, independent judgement and constructive challenge.
- Strong analytical skills, ability to think and assess critically.
- High degree of initiative.
- Ability to work equally well within a team and individually.
Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.