At a Glance
- Tasks: Identify and assess risks while developing strategies to mitigate them.
- Company: Join a leading bank focused on innovative risk management solutions.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Why this job: Make a real impact in the banking sector while growing your analytical skills.
- Qualifications: Bachelor's degree in a relevant field and 2-6 years of experience required.
- Other info: Ideal for detail-oriented individuals who thrive in fast-paced environments.
The predicted salary is between 28800 - 48000 £ per year.
The Risk Analyst will play a key role in identifying, assessing, and mitigating risks across the bank’s operations. This position requires strong analytical skills, attention to detail, and the ability to interpret complex financial data to support risk management strategies.
Key Responsibilities:
- Conduct risk assessments and analyse financial, operational, and regulatory risks.
- Monitor and report on risk exposure, ensuring compliance with internal policies and regulatory requirements.
- Develop and implement risk mitigation strategies to safeguard the bank’s assets and reputation.
- Collaborate with internal teams to enhance risk management frameworks and processes.
- Prepare risk reports for senior management and regulatory bodies.
- Support stress testing, scenario analysis, and risk sensitivity assessments.
- Assist in the development and review of risk policies, procedures, and governance frameworks.
Required Skills & Qualifications:
- Bachelor's degree in Finance, Economics, Risk Management, or a related field.
- 2-6 years of experience in risk analysis or risk management within the banking sector.
- Strong analytical and problem-solving skills with the ability to interpret complex data.
- Knowledge of operational risk frameworks, regulatory requirements, and risk mitigation techniques.
- Proficiency in risk reporting tools and Microsoft Office suite.
- Excellent communication skills, both written and verbal, with the ability to engage effectively with stakeholders.
- Detail-oriented and highly organised, capable of managing multiple priorities in a fast-paced environment.
If interested, please apply today.
Risk Analyst employer: Eden Recruitment Ltd
Contact Detail:
Eden Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Familiarise yourself with the latest regulatory requirements and operational risk frameworks in the banking sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing environment.
✨Tip Number 2
Network with professionals already working in risk management roles within banks. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully identified and mitigated risks in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively during interviews.
✨Tip Number 4
Showcase your proficiency in risk reporting tools and Microsoft Office by creating sample reports or analyses that highlight your skills. This practical demonstration can set you apart from other candidates during the interview process.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk analysis or management within the banking sector. Use specific examples that demonstrate your analytical skills and familiarity with regulatory requirements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities of the Risk Analyst position, particularly your experience with risk assessments and reporting.
Highlight Relevant Skills: Clearly outline your proficiency in risk reporting tools and Microsoft Office suite. Mention any specific methodologies or frameworks you are familiar with, as this will show your preparedness for the role.
Proofread Your Application: Before submitting, carefully proofread your application materials to eliminate any errors. A well-presented application reflects your attention to detail, which is crucial for a Risk Analyst.
How to prepare for a job interview at Eden Recruitment Ltd
✨Know Your Risk Frameworks
Familiarise yourself with the operational risk frameworks and regulatory requirements relevant to the banking sector. Be prepared to discuss how these frameworks apply to the role and provide examples of how you've navigated similar challenges in your previous positions.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific instances where you've successfully assessed risks or interpreted complex financial data. Use quantifiable results to highlight your impact on risk management strategies.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be ready to explain technical concepts in a way that stakeholders can easily understand, showcasing your ability to engage with diverse audiences.
✨Prepare for Scenario Analysis
Anticipate questions related to stress testing and scenario analysis. Think of examples from your experience where you conducted such assessments, and be ready to discuss the methodologies you used and the outcomes of those analyses.