Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support financial risk governance and monitor various risk frameworks.
- Company: Mid-size investment bank with a focus on robust financial practices.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for growth and learning.
- Why this job: Make a real impact in financial risk management and contribute to innovative banking solutions.
- Qualifications: 5+ years in Prudential Risk and strong analytical skills required.
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. Preferred 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.
Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.
Prudential Risk Manager in London employer: Meredith Brown Associates Ltd
Contact Detail:
Meredith Brown Associates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prudential Risk Manager in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Be ready to discuss how your experience aligns with their needs, especially around ICAAP and ILAAP. Show them you mean business!
✨Tip Number 3
Practice your communication skills! Whether it's explaining complex risk concepts or discussing your analytical approach, being clear and confident will set you apart. Remember, they want to see your personality too!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Prudential Risk Manager in 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 related to ICAAP and ILAAP.
Showcase Your Skills: Don’t forget to showcase your analytical skills and digital proficiency. Use specific examples to demonstrate how you've applied these skills in previous roles, particularly in risk monitoring and reporting.
Craft a Compelling Cover Letter: Your cover letter should tell a story about your journey in prudential risk management. Explain why you're passionate about this field and how you can contribute to our client's goals in financial risk governance.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Meredith Brown Associates Ltd
✨Know Your Risk Frameworks
Make sure you’re well-versed in the various risk frameworks mentioned in the job description, like Interest Rate, Market, Liquidity, Credit, and Climate Risk. Brush up on how these frameworks operate within an investment bank and be ready to discuss your experience with them.
✨Prepare for Technical Questions
Expect to face technical questions related to ICAAP, ILAAP, and recovery planning. Review your past experiences and be prepared to explain how you've contributed to these processes. Use specific examples to demonstrate your understanding and expertise.
✨Showcase Your Analytical Skills
Since strong analytical skills are crucial for this role, prepare to discuss how you approach risk analysis. Bring examples of past analyses you've conducted, the methodologies you used, and the outcomes of your recommendations. This will show your critical thinking abilities.
✨Communicate Clearly and Confidently
Outstanding communication skills are a must, so practice articulating your thoughts clearly. Whether it’s discussing complex risk concepts or your previous roles, ensure you can convey your ideas effectively. Consider doing mock interviews to refine your delivery.