At a Glance
- Tasks: Identify and mitigate risks in banking operations while analysing complex financial data.
- Company: Join a leading bank focused on robust risk management and compliance.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Make a real impact by safeguarding the bank’s assets and reputation in a dynamic sector.
- Qualifications: Bachelor's degree in relevant fields and 2-6 years of risk analysis 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 (London Area) employer: Eden Recruitment Ltd
Contact Detail:
Eden Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst (London Area)
✨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 in the banking and risk management fields. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare for technical interviews by practising your analytical skills. Work on case studies or scenarios that require you to assess risks and propose mitigation strategies, as this is a key part of the Risk Analyst role.
✨Tip Number 4
Showcase your communication skills by preparing to discuss how you've effectively engaged with stakeholders in past roles. Being able to articulate complex data and risk assessments clearly will set you apart from other candidates.
We think you need these skills to ace Risk Analyst (London Area)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk analysis or management within the banking sector. Emphasise your analytical skills and any specific projects where you successfully identified and mitigated risks.
Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about risk management and how your background aligns with the responsibilities of the Risk Analyst role. Use specific examples to demonstrate your problem-solving abilities and attention to detail.
Highlight Relevant Skills: Clearly outline your proficiency in risk reporting tools and Microsoft Office suite. Mention any experience with operational risk frameworks and regulatory requirements, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are well-organised and easy to read. A polished application reflects your attention to detail.
How to prepare for a job interview at Eden Recruitment Ltd
✨Showcase Your Analytical Skills
As a Risk Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've successfully analysed complex data in previous roles. Highlight any tools or methodologies you used to derive insights.
✨Understand Regulatory Requirements
Familiarise yourself with the key regulatory frameworks relevant to the banking sector. During the interview, demonstrate your knowledge of these regulations and how they impact risk management strategies.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Practice articulating your thought process when faced with hypothetical risk situations, showcasing your ability to develop effective mitigation strategies.
✨Communicate Clearly and Effectively
Strong communication skills are essential for this role. Practice explaining complex concepts in simple terms, as you'll need to engage with various stakeholders. Be ready to present your ideas clearly during the interview.