At a Glance
- Tasks: Assess and enhance the Market Risk Framework for a leading financial services organisation.
- Company: Top UK financial services firm with a focus on innovation.
- Benefits: Competitive pay, hybrid working, and a chance to make an immediate impact.
- Other info: Fast-paced environment with a focus on tangible outcomes.
- Why this job: Join a high-impact project and leave a lasting legacy in risk management.
- Qualifications: Extensive market risk experience and strong framework development skills.
The predicted salary is between 72000 - 88000 £ per year.
I am currently supporting a leading UK financial services organisation seeking an experienced Market Risk Framework Consultant for a high-impact 6-week assignment. This is not a team leadership role and it is not a long-term transformation programme. I am looking for a senior risk professional who can quickly assess an existing environment, challenge current practices where appropriate, and deliver a robust, regulator-ready Market Risk Framework.
The Assignment
The organisation already operates established market risk methodologies including VaR, stress testing and other core risk measures. The focus of the engagement is to formalise and strengthen the framework surrounding these activities.
Key deliverables include:
- Reviewing the existing Market Risk Framework and governance arrangements
- Assessing risk appetite, limits, thresholds and escalation processes
- Challenging current practices and identifying areas for enhancement
- Drafting a proportionate Market Risk Framework suitable for Board and Executive Risk Committee approval
- Producing supporting governance documentation and risk management standards
- Ensuring the framework is robust from both an audit and regulatory perspective
What My Client Is Looking For
- Significant experience within Market Risk in investment banking, capital markets, brokerage, trading or similar environments
- Proven experience writing or enhancing Market Risk Frameworks, Risk Appetite Frameworks or Market Risk Policies
- Strong understanding of:
- VaR
- Expected Shortfall
- Stress Testing
- Risk Limits
- Risk Governance
- Experience presenting to Executive Committees, Risk Committees or Boards
- Comfortable operating independently with minimal onboarding
This is a genuine delivery-focused assignment for someone who enjoys solving problems quickly and producing tangible outcomes. I am looking for a contractor who can arrive on day one, understand the environment rapidly, and leave behind a framework that stands up to regulatory and audit scrutiny.
Interim Risk Framework Consultant in London employer: Consult
At Consult, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our North America team is dedicated to professional growth, offering robust training and development opportunities while working in a fast-paced, innovative environment. Join us to be part of a collaborative team that values your contributions and supports your career aspirations in the exciting MedTech sector.
StudySmarter Expert Advice🤫
We think this is how you could land Interim Risk Framework Consultant in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Consult.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Consult might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Interim Risk Framework Consultant in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Consult will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Consult. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Consult confidence in your short-term commitment to the role.
How to prepare for a job interview at Consult
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Consult.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Consult that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
