At a Glance
- Tasks: Support financial risk governance and monitor various risk frameworks.
- Company: Mid-size Investment Bank in the heart of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for growth and innovation.
- Why this job: Make a real impact on financial risk management and contribute to strategic decision-making.
- Qualifications: 5+ years in Prudential Risk with strong analytical and communication skills.
The predicted salary is between 70000 - 90000 £ per year.
Our client, a mid-size Investment Bank, is looking to hire a Prudential Risk Manager to support the Head of Financial Risk. The successful candidate will help to ensure the firm has robust Financial Risk governance, policies, procedures and processes in place. This will include (but is not limited to) measurement, monitoring and reporting of interest rate, market, credit, liquidity and climate risk for the firm as well as supporting the prudential exercises (e.g., ICAAP, ILAAP and Recovery Planning).
Role & Responsibilities
- Support the Head of Financial Risk with maintaining and embedding the Interest Rate, Market, Liquidity, Credit and Climate Risk frameworks.
- Undertake required analysis to prepare recommendations for investments and associated hedging.
- Day to day risk control responsibilities including, but not limited to, monitoring risk limits and indicators, investigating exceptions and concerns and making recommendations to the CRCO (Chief Risk & Compliance Officer).
- Collaborate with the Treasury & Banking function and the business more widely to calibrate the Financial Risk appetite.
- Develop risk modelling methodologies using third-party risk models as well as tools developed internally to provide insight on risk exposures.
- Support capital and liquidity stress-testing.
- Review and challenge the regulatory submissions as part of the Regulatory Reporting Oversight Framework.
Experience & Qualifications
- A minimum of 5 years’ experience within Prudential Risk.
- Some experience in contributing to ILAAP, ICAAP and recovery planning.
- Candidate will have relevant banking experience in at least one.
- Ability to read and apply relevant PRA and CRR regulations.
- Basic understanding of financial risk including from climate change.
- Digital skills.
- Outstanding communication skills - both written and spoken.
- Inquisitive mind, independent judgement and constructive challenge.
- Strong analytical skills, ability to think and assess critically.
- High degree of initiative.
- Ability to work equally well within a team and individually.
Prudential Risk Manager in City of London employer: Energy Jobline ZR
Contact Detail:
Energy Jobline ZR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prudential Risk Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to connections in the investment banking sector, especially those who work in risk management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial risk frameworks. Be ready to discuss how you would handle real-world scenarios related to interest rate and market risks. Show us you know your stuff!
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your values and expertise. Use our website to find roles that excite you and match your skills. Tailor your approach to each company’s culture and needs.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds. We love seeing candidates who take initiative!
We think you need these skills to ace Prudential Risk Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Prudential Risk Manager role. Highlight your experience in financial risk governance and any relevant projects you've worked on, especially those involving ICAAP or ILAAP. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about prudential risk and how your background makes you a great fit for our team. Don't forget to mention your communication skills and analytical abilities – they’re key for this role!
Showcase Your Digital Skills: In today's world, digital skills are a must! If you've used any risk modelling tools or software, make sure to mention them in your application. We love candidates who can leverage technology to enhance risk management processes.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Energy Jobline ZR
✨Know Your Risk Frameworks
Make sure you brush up on the key risk frameworks like ICAAP and ILAAP. Be ready to discuss how you've applied these in your previous roles, as well as any challenges you've faced. This shows you’re not just familiar with the concepts but can also implement them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific examples where you've used data to make informed decisions. Think about times when your analysis led to significant recommendations or changes in risk management practices.
✨Communicate Clearly
Since outstanding communication is a must, practice explaining complex financial risk concepts in simple terms. You might be asked to present your thoughts on a recent regulatory change, so being able to articulate your understanding clearly will set you apart.
✨Be Inquisitive and Engaged
During the interview, don’t hesitate to ask insightful questions about the firm’s risk appetite and how they approach climate risk. This shows your genuine interest in the role and helps you gauge if the company aligns with your values and career goals.