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 culture with opportunities for growth and learning.
- Why this job: Join a team making impactful decisions in financial risk management.
- Qualifications: 5+ years in Prudential Risk and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ 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 Slough 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 Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of financial risk frameworks. Be ready to discuss your experience with ICAAP, ILAAP, and recovery planning. Show them you’re not just a candidate, but the right fit for their team!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you've tackled risk assessment challenges in the past. Use data to back up your claims and demonstrate your ability to think critically under pressure.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Prudential Risk Manager in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Prudential Risk Manager role. Highlight your experience with financial risk governance and any relevant projects you've worked on, especially those involving ICAAP or ILAAP.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've contributed to risk frameworks or managed financial risks in previous positions.
Showcase Your Analytical Skills: We want to see your analytical prowess! Include details about any risk modelling methodologies you've developed or used, and how they’ve helped in decision-making processes.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Meredith Brown Associates Ltd
✨Know Your Risk Frameworks
Make sure you’re well-versed in the key risk frameworks mentioned in the job description, like ICAAP and ILAAP. Brush up on how these frameworks apply to the role and be ready to discuss your experience with them during the interview.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Think of specific examples where you've used data to make informed decisions or recommendations in previous roles. This will show that you can handle the day-to-day risk control responsibilities effectively.
✨Communicate Clearly
Outstanding communication is crucial for this role. Practice articulating complex financial concepts in a straightforward manner. You might be asked to explain your thought process on risk assessments, so clarity is key!
✨Be Inquisitive
An inquisitive mind is a big plus! Prepare some thoughtful questions about the company’s approach to financial risk management and how they tackle challenges like climate risk. This shows your genuine interest and critical thinking skills.