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Senior Risk Manager

Quantum Group
Posted 24 days ago, valid for 7 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Senior Risk Manager for an international bank located in London, offering a permanent position with a competitive salary.
  • The role requires a graduate with a minimum of three years of experience in a Bank or Financial Institution.
  • Key responsibilities include acting as Compliance Officer, assisting the Chief Compliance Officer, and ensuring adherence to FCA and PRA regulations.
  • The candidate should possess strong expertise in areas such as Liquidity risk, Market risk, ICAAP, and ILAAP, along with excellent data and organizational skills.
  • This position reports to the Bank's Chief Risk Officer and involves significant collaboration with various management committees.

We are inviting applications for Senior Risk Manager for an international bank based in city London. This is a permanent position reporting directly to Bank Chief Risk Officer.

Specific: (Including Prescribed responsibilities)

  • Performing the role of Compliance Officer
  • Assisting the Chief Compliance Officer in performing Compliance duties

General:

  • Adhering to FCA's Conduct Rules (both Individual and Senior Manager's Conduct Rules)
  • Adhering to FCA's Principles of Business & PRA's Fundamental Rules.
  • Adhering to all systems, controls & Regulatory guidelines.
  • Maintain compliance with all policies and procedures of the Bank.

Description of Duties

  • Policies and Risk management structures of the Bank: including assisting CRO in review / updating of policies & process, Effective implementation of Risk Management Framework/ Risk Dashboard & monitoring of Prudential Requirement & Risk Appetite of the Bank.
  • Assisting in preparation/review of ICAAP/ILAAP/ Recovery Plan in Conjunction with Finance/Treasury Department & CRO, Credit department etc.
  • Over time, will be invited to the Credit Committee or ALCO or Executive Management Committee, ICAAP, ILAAP, IFRS 9 meetings or other Management committees to assist the CRO in assessing and managing Risk with respect to those areas such as Credit risk, Liquidity risk, Market risk, Climate Risk, Stress testing, Annual accounts, Regulatory data etc.
  • Assisting CRO in Preparing reports and MIs for the RCC and also other committees as and when required, and monitoring the exposures across Credit, Treasury, Operations, Climate etc.
  • Preparing Risk MI as enumerated in the risk Appetite statement for each oversight
  • Assist CRO in proactively Monitoring and Mitigating Liquidity, Market risk on a continual basis including Dealers pad, Investment Proposals and portfolio analysis, Risk Culture & Climate Risk awareness.
  • Act in a timely manner to ensure effective risk management, and where necessary mitigation, of material risk exposures, those that are close to or exceed the approved risk appetite and/or risk limits.
  • Provide project management support and risk expertise to the business with specific related projects.
  • The jobholder will also be required to carry out other job functions as determined by the Company.
  • Work with and provide information required by internal & external auditors and regulators.

Job Requirements:

  • Graduate with at least three years' experience.
  • Previous work experience with a Bank/ Financial Institution
  • Self-motivated team player, also able to work independently and proactively.
  • At least three years' experience of working in a Bank/ Financial Institution
  • Strong understanding of Liquidity risk, Market Risk, ICAAP, ILAAP, Recovery Plan models, Regulatory data - COREP, FINREP etc. At least 4 of these areas are needed.
  • Excellent Data, MI, IT & Organisational Skills.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.