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For Companies At a Glance
- Tasks: Lead financial risk management and ensure robust underwriting standards across market cycles.
- Company: Join a forward-thinking bank with a commitment to disciplined risk-taking.
- Benefits: Enjoy 30 days annual leave, flexible working, and a range of lifestyle benefits.
- Why this job: Be a strategic adviser and shape the future of financial risk management.
- Qualifications: Deep experience in investment and credit risk management is essential.
- Other info: Hybrid working model with opportunities for professional growth and development.
The predicted salary is between 72000 - 108000 £ per year.
Location: London / Sheffield / Hybrid Working (Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
THE ROLE
In this position you will be responsible for ensuring disciplined risk-taking, robust underwriting standards and portfolio resilience across market cycles aligned with the Bank’s mandate. This will include strategically evolving and furthering the implementation of the Financial Risk Management Framework.
With the role encompassing both credit risk and debt and equity investment risk management across the range of products delivered by BBB and its subsidiaries, you will be a key strategic adviser to the CRO, Exco and Board on the credit and investment risks in BBB portfolio, acting as a critical counterbalance to the banking and investment origination and execution activities.
Key requirements of the role will include being responsible for the ongoing strategic development of the Financial Risk Management Framework across a range of equity investment and wholesale debt products, and providing an independent challenge to the business on deal underwriting, valuation methodologies, financial modelling assumptions and downside stress scenarios. You will also be an independent challenge to the business on the appropriateness and adequacy of underlying deal underwriting processes and the standards to provide assurance to the Board on quality and adequacy of deal process and due diligence undertaken.
With a deep experience of financial risk management in relevant asset classes through economic cycles, you will be considered a thought leader on evolving risk strategy to respond to, and anticipate market needs, and be able to engage with Board members and provide relevant advice and strategic direction to a team of dedicated experts, sharing insights and ensuring ongoing development of financial risk skills in the department.
You will be a seasoned risk professional working in investment risk and/or credit risk management in a fund management organisation or a bank, with experience of evaluating complex investments, structured products and illiquid assets across multiple market cycles, and be able to demonstrate an understanding of financial analysis, debt and equity valuations, risk concepts/frameworks with a special focus on unlisted and illiquid equities, securitisations and SME debt.
You will also have a good understanding of the UK regulatory environment in which banks and fund managers operate.
30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday. Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance. Paid voluntary days, maternity, paternity, adoption, and shared parental leave. Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more.
Managing Director, Financial Risk employer: British Business Bank
Contact Detail:
British Business Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director, Financial Risk
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial risk management space. Attend industry events or webinars, and don’t be shy about introducing yourself to key players. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial risk frameworks and market cycles. Be ready to discuss your experience with credit and investment risks in detail. We want you to showcase your expertise and how it aligns with the role!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that resonate with your values and career goals. Use our website to find roles that match your skills and interests. Tailor your approach to each company to show them why you’re the perfect fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Share any additional insights or thoughts you had post-interview to reinforce your interest and expertise in financial risk management.
We think you need these skills to ace Managing Director, Financial Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Managing Director, Financial Risk role. Highlight your expertise in financial risk management and any relevant achievements that showcase your ability to handle complex investments.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Be sure to mention your strategic vision for financial risk management and how you can contribute to our mission at StudySmarter.
Showcase Your Thought Leadership: In your application, don’t shy away from sharing your insights on evolving risk strategies. We love candidates who can think outside the box and provide fresh perspectives on market needs and challenges.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at British Business Bank
✨Know Your Financial Risk Management Framework
Make sure you’re well-versed in the Financial Risk Management Framework. Understand its key components and be ready to discuss how you would strategically evolve it. This shows you’re not just familiar with the role but also proactive about its development.
✨Prepare for Technical Questions
Expect questions on credit risk, debt, and equity investment risk management. Brush up on your knowledge of financial analysis, valuation methodologies, and stress testing scenarios. Being able to articulate your thought process will impress the interviewers.
✨Showcase Your Leadership Skills
As a Managing Director, you’ll need to demonstrate your ability to lead and advise. Prepare examples of how you’ve successfully guided teams or influenced strategic decisions in previous roles. This will highlight your capability to engage with senior stakeholders.
✨Understand the Regulatory Environment
Familiarise yourself with the UK regulatory landscape affecting banks and fund managers. Be prepared to discuss how these regulations impact financial risk management. This knowledge will show that you’re not only experienced but also aware of the broader context in which you’ll operate.
