At a Glance
- Tasks: Manage financial risks and ensure compliance with regulations in a dynamic banking environment.
- Company: Join a leading corporate bank focused on growth and innovation in Risk & Compliance.
- Benefits: Enjoy a hybrid working model and competitive salary of £70-80k.
- Other info: Work 2-3 days a week in the vibrant city of London.
- Why this job: Be part of a newly-created role that influences key financial decisions and policies.
- Qualifications: Previous 2LOD experience with capital, market, and liquidity risk is essential.
The predicted salary is between 70000 - 80000 £ per year.
JSS is helping an established corporate bank to hire a Financial Risk Manager in their 2nd LOD. This newly-created role is off the back of the bank's continued growth and investment into their Risk & Compliance function. The role would be based out of their London office, with a hybrid working model in place, and is ideal for a candidate with previous 2LOD experience and a focus on capital risk.
Responsibilities:
- Ensure adherence with regulatory and internal requirements through challenging treasury and finance
- Recommend limits for the bank's risk appetite
- Review and challenge ALCO packs
- Review, maintenance and development of risk policies relating to capital, market and liquidity risk
- Provide documented assurance of ICAAP/ILAAP challenges
- Pricing committee contribution and assurance for FTP assumptions
Requirements:
- 2LOD experience, including exposure to capital/market/liquidity risk
- Experience understanding regulatory guidelines
- Ability to challenge/influence senior stakeholders
- Experience with IRRBB
London based (2-3 days in per week) Base salary £70-80k
StudySmarter Expert Advice🤫
We think this is how you could land Financial Risk Manager
✨Tip Number 1
Network with professionals in the financial risk management field, especially those who have experience in the second line of defence. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in capital risk.
✨Tip Number 2
Familiarise yourself with the specific regulatory guidelines that govern capital, market, and liquidity risk. Being able to discuss these regulations confidently during interviews will demonstrate your expertise and commitment to compliance.
✨Tip Number 3
Prepare to showcase your ability to challenge and influence senior stakeholders. Think of examples from your previous roles where you successfully navigated complex discussions or made impactful recommendations regarding risk policies.
✨Tip Number 4
Research the bank's current risk appetite and any recent changes in their risk management strategies. This knowledge will not only help you tailor your conversations but also show your genuine interest in the role and the organisation.
We think you need these skills to ace Financial Risk Manager
Some tips for your application 🫡
Understand the Role:Take time to thoroughly read the job description for the Financial Risk Manager position. Understand the key responsibilities and requirements, especially focusing on 2LOD experience and capital risk.
Tailor Your CV:Customise your CV to highlight relevant experience in financial risk management, particularly in capital, market, and liquidity risk. Use specific examples that demonstrate your ability to challenge and influence senior stakeholders.
Craft a Compelling Cover Letter:Write a cover letter that connects your background with the bank's needs. Emphasise your understanding of regulatory guidelines and your previous experience in similar roles, showcasing how you can contribute to their Risk & Compliance function.
Proofread and Edit:Before submitting your application, carefully proofread your CV and cover letter. Check for any grammatical errors or typos, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at JSS Search
✨Understand Regulatory Guidelines
Make sure you have a solid grasp of the regulatory guidelines relevant to the role. Be prepared to discuss how these regulations impact risk management and how you've navigated them in your previous roles.
✨Showcase Your 2LOD Experience
Highlight your experience in the second line of defence (2LOD) and be ready to provide specific examples of how you've managed capital, market, and liquidity risks. This will demonstrate your suitability for the role.
✨Prepare for Stakeholder Engagement
Since the role involves challenging and influencing senior stakeholders, think of instances where you've successfully done this before. Be ready to discuss your approach and the outcomes of those interactions.
✨Familiarise Yourself with ALCO Packs
Review what ALCO packs entail and be prepared to discuss how you would review and challenge them. Showing familiarity with this process will indicate your readiness for the responsibilities of the role.
