At a Glance
- Tasks: Analyse market and liquidity risks while supporting compliance and reporting activities.
- Company: FirstBank UK, a top-tier bank with a rich heritage and global presence.
- Benefits: Generous pension contributions, private medical insurance, gym subsidies, and 25+ days annual leave.
- Other info: Hybrid role with excellent career growth opportunities and a supportive work environment.
- Why this job: Join a dynamic team and make an impact in risk management at a leading bank.
- Qualifications: Degree in a quantitative field and experience in market or liquidity risk analysis.
The predicted salary is between 45000 - 55000 £ per year.
FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements & growth, we are now looking to acquire the services of a Market & Liquidity Risk Analyst to cover a contract for 9 months.
Please note that this is a fixed-term-contract to cover a 9 month period. This is a hybrid role with 3 days in the office and 2 days working from home.
Key Responsibilities:
- Produce regular management information (MI) supporting the monitoring of market risk KPIs.
- Conduct surveillance of bond, FX, derivatives, and repo activities to ensure compliance with approved limits for trading and banking book positions.
- Engage with first-line stakeholders to provide support, challenge, and informed advice on market risk matters, escalating issues appropriately.
- Support assessment of new product initiatives that may generate market risk by performing structured analysis and documenting findings.
- Assist with market and liquidity stress testing, contributing to internal assessment frameworks and regulatory submissions (ICAAP, ILAAP, RRP).
- Maintain up-to-date market risk procedures, RCSA documentation, and contribute to audit and control activities.
- Perform data analytics, validation tasks, and portfolio analysis supporting the Bank’s risk appetite monitoring.
- Support second-line review of regulatory reporting.
- Support the second line challenge of management of key liquidity and funding metrics.
- Support the monitoring of counterparty credit exposures, limit usage and risk reporting.
Key Skills/Experience:
- Previous proven experience within Market Risk, Liquidity Risk, Risk Analytics or other related quantitative risk management roles.
- A quantitative or analytical degree within Engineering, Mathematics, Accounting, Statistics or similar field.
- Strong numeracy & data analysis experience/knowledge.
- Strong understanding of market risk management and its principles.
- Strong familiarity with quantitative finance concepts.
- Strong Excel skills including complex modelling & automation.
- Strong skills within SQL, Power BI, Python or equivalent analytical tools.
- Experience developing MI packs, dashboards and automated reporting.
- Previous experience working with Treasury products and regulatory reporting is desirable, however not essential.
In return we offer a fantastic benefits package including:
- Up to 10% employer pension contribution
- Life Assurance Cover
- Income protection
- Private Medical Insurance plan (upon successful completion of probation period)
- Contribution to glasses/contacts and eye testing
- Gym subsidy (up to £50 per month)
- Cycle to work scheme
- Employee Assistance Program
- Interest Free season ticket loan for travel
- Birthday Leave
- 25 days annual leave, rising to 28 after 3 years and 30 after 8 years’ service
- Give As You Earn (GAYE)
First Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
Market & Liquidity Risk Analyst FTC in London employer: FirstBank UK Limited
FirstBank UK is an exceptional employer, offering a dynamic work environment that fosters professional growth and development. With a strong commitment to employee well-being, the bank provides an impressive benefits package, including generous pension contributions, private medical insurance, and a supportive hybrid work model. Located in the heart of the UK, employees enjoy a collaborative culture that values diversity and inclusion, making it a rewarding place to build a meaningful career in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Market & Liquidity Risk Analyst FTC in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like FirstBank UK Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market & Liquidity Risk Analyst FTC in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to FirstBank UK Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on FirstBank UK Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at FirstBank UK Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with FirstBank UK Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at FirstBank UK Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former FirstBank UK Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
