Risk Management Officer

Risk Management Officer

City of London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: You'll create risk reports and support staff training while managing data and administration tasks.
  • Company: Join an international bank located in the vibrant City of London.
  • Benefits: Enjoy hybrid working options and a dynamic work environment.
  • Why this job: This role offers hands-on experience in risk management with opportunities for professional growth.
  • Qualifications: A relevant degree or qualification in risk management is essential, along with strong data skills.
  • Other info: Be part of exciting projects and enhance your technical skills in SQL and VBA.

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

Job Description

Risk Management Officer

International Bank based in the City of London

Hybrid working on offer

The job holder is responsible for providing risk reporting for the Branch’s business activities under the supervision of the Head of Department, which may include the following or other reporting activities deemed relevant: Risk Management Summary, Cashflow mis-match report, Stress test summary, Corporate bond report, CDS daily monitoring report, LCR daily & monthly report and RDA weekly & monthly report.

Other responsibilities will include;

  • Build risk awareness amongst staff by providing support and training across the Branch.
  • Assist in providing administrative operations within the Department working closely with the Head of Department
  • Prepare and complete regular risk management reports, including preparatory work such as data entry, market rate collection and data reconciliation
  • Ensure the filing of all the regular reports after completion of circulation to the relevant parties..
  • Improve and make necessary changes on applications (e.g. Excel spreadsheet and Access Database).
  • Plan and implement for the new business supports.
  • Liaise with the relevant departments on activities and information produced.
  • Carry out general administration duties relating to the department’s activities.
  • SQL and VBA development and maintenance.
  • Participation in relevant projects (e.g. Devon and Atlas replacement)
  • Carry out such other duties as requested by the Head of Department.

To be considered for this position ideal candidates must have the following experience and skills;

  • Relevant university degree or relevant risk management qualification.
  • Risk management experience, of which, experiences gained in front office and support / control functions.
  • Experience in the preparation and delivery of risk-based reports
  • Experience of using data for problem identification, monitoring and reporting to understand broader business risks and issues for enhanced decision making.
  • Relevant Market Risk Product Knowledge
  • Advanced Experience in VBA, SQL, Excel, Access preferable.

Risk Management Officer employer: IPOE Consulting

As an International Bank located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our hybrid working model offers flexibility, while our commitment to risk management excellence ensures that you will be at the forefront of industry practices, supported by ongoing training and collaboration with experienced professionals. Join us to make a meaningful impact in a role that not only challenges you but also rewards your contributions within a prestigious financial institution.
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Contact Detail:

IPOE Consulting Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Management Officer

✨Tip Number 1

Familiarise yourself with the specific risk management tools and reports mentioned in the job description, such as cashflow mismatch reports and stress test summaries. Being able to discuss these in detail during your interview will show that you understand the role and its requirements.

✨Tip Number 2

Network with professionals in the banking and risk management sectors. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at our bank.

✨Tip Number 3

Brush up on your SQL and VBA skills, as these are crucial for the position. Consider taking a short course or working on personal projects that allow you to demonstrate your proficiency in these areas, which will make you a more attractive candidate.

✨Tip Number 4

Prepare to discuss how you've previously built risk awareness among staff or contributed to training initiatives. Having concrete examples ready will help you stand out as someone who can not only manage risks but also foster a culture of risk awareness within the team.

We think you need these skills to ace Risk Management Officer

Risk Management
Data Analysis
Report Preparation
Market Risk Product Knowledge
SQL Development
VBA Programming
Excel Proficiency
Access Database Management
Attention to Detail
Problem-Solving Skills
Communication Skills
Training and Support
Administrative Skills
Project Participation
Collaboration with Departments

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly any roles that involved preparing risk-based reports or using data for monitoring and reporting. Use keywords from the job description to align your skills with what the bank is looking for.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your relevant qualifications, such as your university degree and any risk management certifications. Mention specific experiences that demonstrate your ability to build risk awareness and support departmental operations.

Showcase Technical Skills: Since the role requires advanced experience in VBA, SQL, Excel, and Access, be sure to include specific examples of how you've used these tools in previous positions. Highlight any projects where you improved applications or contributed to data analysis.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial in risk management roles.

How to prepare for a job interview at IPOE Consulting

✨Showcase Your Risk Management Knowledge

Make sure to brush up on your understanding of risk management principles and practices. Be prepared to discuss your previous experiences in risk reporting and how they relate to the responsibilities outlined in the job description.

✨Demonstrate Technical Proficiency

Since the role requires advanced skills in VBA, SQL, Excel, and Access, be ready to provide examples of how you've used these tools in past roles. You might even want to prepare a small demonstration or case study to showcase your technical abilities.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills in real-world scenarios. Think about situations where you identified risks, implemented solutions, or improved processes, and be ready to explain your thought process and outcomes.

✨Emphasise Team Collaboration

The role involves liaising with various departments, so highlight your experience in teamwork and collaboration. Share examples of how you've built relationships across teams to enhance risk awareness and improve reporting processes.

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