Risk Associate

Risk Associate

Temporary 49500 - 60500 £ / year (est.) No working from home possible
ELP Consult Ltd.

At a Glance

  • Tasks: Monitor and report on market, liquidity, and operational risks while supporting risk committees.
  • Company: Dynamic bank offering a contract role with potential for long-term opportunities.
  • Benefits: Gain valuable experience in risk management within a fast-paced environment.
  • Other info: Perfect for those eager to learn and grow in the finance sector.
  • Why this job: Join a team where your insights can shape financial strategies and enhance your career.
  • Qualifications: Master's degree in finance/economics and fluency in English and Mandarin required.

The predicted salary is between 49500 - 60500 £ per year.

  • London, United Kingdom | Posted on 13/09/2024
  • This is a

6 months contract role at a bank with the potential to transfer to long term contract depending on the performance and the bank's business requirement.

The aim of the role is to assist the risk oversight of the Risk Management department.

This includes performing regular risk monitoring, reporting, and ad-hoc risk analysis, ensuring reporting accuracy, supporting credit, market and liquidity and operational risk review.

This position will also provide support and facilitate to the risk committees.

Responsibilities

  • To monitor and reporting Market, Liquidity and Operational Risk Managementand all other materialized risks metrics and limits definded within local riskappetite framework;
  • Assist the preparation of market risk assessment report and keep up to date;
  • Provide assistance in other areas including Liquidity and Operational riskmanagement when required;
  • Assist the preparation in stress testing, scenario analysis, simulations regularly for the portfolio;
  • Produce timely and appropriate statements and reports regarding riskmanagement;
  • To ensure that risk management activities are carried out properly and consistently with procedures and principles specified in regulation;
  • Assist HO Communication and Reporting;
  • Provide support in risk related administrative work;
  • Any other duties assigned by the Head of Specialized Risk Team and Department Head.

Requirements

  • Master'sdegree in finance/ economics
  • Fluent English and Mandarin, both spoken and written
  • Organisedand able to prioritise own workload in order to meet tight deadlines
  • Self-confident with good communication skills ( both written and verbal) andproblem-solving skills
  • Desire tolearn, develop and contribute to the wider team goals
  • Able towork in a fast faced and dynamic environment
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Risk Associate employer: ELP Consult Ltd.

At ELP Consult Ltd., we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a GenAI Growth Leader, you will have access to unparalleled growth opportunities within the rapidly evolving AI landscape, supported by a collaborative team dedicated to innovation and excellence. Located in the heart of the UK, we offer competitive benefits and a vibrant work environment that encourages creativity and professional development.

ELP Consult Ltd.

Contact Details:

ELP Consult Ltd. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Associate

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 ELP Consult Ltd..

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 ELP Consult Ltd. 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 Risk Associate

Risk Monitoring
Risk Reporting
Ad-hoc Risk Analysis
Credit Risk Assessment
Market Risk Management
Liquidity Risk Management
Operational Risk Management

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 ELP Consult Ltd. 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 ELP Consult Ltd.. 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 ELP Consult Ltd. confidence in your short-term commitment to the role.

How to prepare for a job interview at ELP Consult Ltd.

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 ELP Consult Ltd..

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 ELP Consult Ltd. 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.