Financial Risk Manager

Financial Risk Manager

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
B

At a Glance

  • Tasks: Manage financial risks across capital, liquidity, market, and credit risk in a fast-paced environment.
  • Company: Join Banking Circle, a vibrant international bank blending stability with fintech flexibility.
  • Benefits: Enjoy a hybrid work model, competitive salary, and generous benefits for personal and professional growth.
  • Why this job: Be part of a dynamic team transforming the banking industry while making a real impact.
  • Qualifications: 3-5 years in risk management within regulated institutions; proficiency in SQL, Power BI, and Python required.
  • Other info: Fluency in English is essential; apply online as we conduct interviews continuously.

The predicted salary is between 43200 - 72000 £ per year.

We are seeking an experienced Financial Risk Manager to join our dynamic team at a multi-jurisdictional bank regulated under both EU (CSSF) and UK frameworks. This role will be fast paced, dynamic and is crucial in managing and mitigating financial risks across capital, liquidity, market, and credit risk.

About the role

We are looking to hire a skilled Financial Risk Manager to join our dynamic Risk team in the London Office, reporting to the Head of Risk, UK.

What you will be doing:

  • Take an active part in developing and maintaining a strong risk management framework within the defined and allocated area of responsibility, e.g. Credit, Market, Liquidity Risk etc.
  • Ensure alignment with regulatory expectations and industry best practices, particularly in light of evolving CRR and CRD requirements.
  • Oversee and enhance the Bank’s financial risk framework, ensuring compliance with CSSF, PRA, FCA, and EBA regulations.
  • Conduct capital adequacy, liquidity, credit, and market risk assessments, aligning with regulatory expectations, and support ICAAP, ILAAP, and recovery planning exercises.
  • Contribute to the development of stress testing and scenario analysis methodologies.
  • Implement and maintain risk monitoring tools and dashboards using SQL, Power BI, and Python for data-driven insights and risk management reporting.
  • Collaborate with internal teams across risk, treasury, credit, finance, and compliance functions to enhance risk management processes.
  • Analyse regulatory changes and ensure the Bank remains compliant with evolving risk standards.
  • Together with the Head of Risk UK, and the CRO, be a point of contact in 2nd LOD for the designated risk area and point of contact for financial risk and regulatory developments.
  • Participate in relevant forums to foster structured dialogue and shared understanding between the 1st and 2nd LODs as required.

What we are looking for:

  • Demonstrated capability from an applicable role with a strong background in risk management, having worked in a similar role for 3-5 years within regulated financial institutions.
  • Deep understanding of regulatory requirements within financial services across multiple jurisdictions.
  • Proficiency in data analytics, including SQL, Power BI, and Python.
  • 5+ years’ relevant work experience with a holistic and solid understanding of being in a second line function in a banking landscape.
  • Strong knowledge of capital, liquidity, credit, and market risk frameworks.
  • Experience with multi-jurisdictional (EU and UK) regulatory environments, including ECB, CSSF, FCA, and PRA guidelines.
  • Extensive knowledge of risk measurement systems and concepts as well as establishing relevant Risk and Internal Control Frameworks.
  • Proven track record and experience working within the risk management area.
  • Strong analytical and problem-solving skills, with the ability to translate data into actionable insights.
  • Excellent communication skills and ability to interact with stakeholders across different business units.
  • Ability to take ownership, be pro-active, open minded, rigorous, and a fast learner with a dynamic personality.
  • ‘Questioning’ mind-set, naturally proposing new ways of working and striving for constant improvement in current processes.
  • Flexible and adaptable, able to take on unstructured assignments, differentiate what is important, develop appropriate action plans and demonstrate ownership.
  • Ability to display good judgement, think ahead, anticipate questions and prioritise work tasks appropriately.
  • Fluency in English is required.

What we offer you:

We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team. Furthermore, we offer a competitive salary and a generous benefit package, opportunities for continuous learning, development, and a dynamic and collaborative culture that values personal initiative and professional achievements.

Would you like to join us? We will be conducting interviews continuously; therefore, we urge interested candidates to apply online as soon as possible. Please note that applications or CVs coming through email or direct messages will not be accepted or considered.

Financial Risk Manager employer: Banking Circle

Banking Circle is an exceptional employer, offering a vibrant and dynamic work culture in the heart of London. With a commitment to employee growth through continuous learning opportunities and a hybrid work model that promotes flexibility, we foster a collaborative environment where personal initiative is valued. Join our international team of over 600 skilled professionals and be part of a transformative journey in the Banking and Payments industry, where your contributions will make a meaningful impact.
B

Contact Detail:

Banking Circle Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Risk Manager

✨Tip Number 1

Familiarise yourself with the latest regulatory changes in the EU and UK financial sectors. Understanding the nuances of CSSF, PRA, FCA, and EBA regulations will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced environment.

✨Tip Number 2

Network with professionals in the risk management field, especially those who have experience in multi-jurisdictional banking. Attend industry events or webinars to connect with potential colleagues and gain insights into the role and company culture at Banking Circle.

✨Tip Number 3

Showcase your proficiency in data analytics tools like SQL, Power BI, and Python during discussions. Be prepared to discuss specific projects where you've used these tools to drive risk management decisions, as this will highlight your technical skills relevant to the role.

✨Tip Number 4

Prepare to discuss your experience in developing risk frameworks and conducting assessments. Think of examples where you've successfully implemented risk monitoring tools or contributed to stress testing methodologies, as these experiences are crucial for the Financial Risk Manager position.

We think you need these skills to ace Financial Risk Manager

Risk Management Framework Development
Regulatory Compliance (CSSF, PRA, FCA, EBA)
Capital Adequacy Assessment
Liquidity Risk Assessment
Credit Risk Assessment
Market Risk Assessment
Stress Testing Methodologies
Scenario Analysis
SQL Proficiency
Power BI Proficiency
Python Programming
Data Analytics
Stakeholder Communication
Problem-Solving Skills
Analytical Skills
Multi-Jurisdictional Regulatory Knowledge
Risk Measurement Systems Knowledge
Internal Control Frameworks
Ownership and Responsibility
Adaptability and Flexibility
Judgement and Prioritisation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial risk management, particularly within regulated financial institutions. Emphasise your proficiency in SQL, Power BI, and Python, as well as your understanding of capital, liquidity, credit, and market risk frameworks.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk management and your ability to contribute to the team at Banking Circle. Mention specific experiences that align with the job description, such as your involvement in developing risk frameworks or conducting risk assessments.

Highlight Regulatory Knowledge: In your application, clearly demonstrate your knowledge of multi-jurisdictional regulatory environments, including EU and UK guidelines. Provide examples of how you have ensured compliance with regulations like CSSF, PRA, FCA, and EBA in your previous roles.

Showcase Analytical Skills: Illustrate your analytical and problem-solving skills by providing examples of how you've used data analytics to drive insights in risk management. Discuss any tools or methodologies you've implemented, such as stress testing or scenario analysis, to enhance risk assessment processes.

How to prepare for a job interview at Banking Circle

✨Understand the Regulatory Landscape

Familiarise yourself with the key regulatory frameworks relevant to the role, such as CRR, CRD, CSSF, PRA, and FCA guidelines. Being able to discuss these regulations confidently will demonstrate your expertise and understanding of the financial risk management environment.

✨Showcase Your Data Analytics Skills

Prepare to discuss your proficiency in SQL, Power BI, and Python. Bring examples of how you've used these tools to enhance risk management processes or provide data-driven insights in previous roles. This will highlight your technical capabilities and relevance to the position.

✨Demonstrate Your Problem-Solving Abilities

Be ready to share specific instances where you've tackled complex risk management challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your analytical skills and ability to translate data into actionable insights.

✨Engage with Stakeholders

Highlight your experience in collaborating with various teams, such as treasury, credit, and compliance. Prepare to discuss how you’ve effectively communicated complex risk concepts to non-technical stakeholders, as this is crucial for fostering a collaborative environment within the bank.

Financial Risk Manager
Banking Circle
B
  • Financial Risk Manager

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-03-20

  • B

    Banking Circle

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>