Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support the Risk Manager in monitoring and managing the Bank's risk profile and compliance.
- Company: Join a leading bank focused on robust risk management and strategic objectives.
- Benefits: Enjoy competitive pay, potential remote work options, and a dynamic work environment.
- Why this job: Be part of a crucial team ensuring financial stability and compliance while developing your skills.
- Qualifications: Ideal for those with analytical skills; prior experience in finance or risk management is a plus.
- Other info: Opportunity to engage in diverse tasks and contribute to impactful risk management initiatives.
The predicted salary is between 36000 - 60000 £ per year.
In close co-operation with the Risk Manager, assist in the monitoring and have responsibility for the robust and sound management of the Bank’s risk profile and its overall compliance with the approved risk governance, risk policies, strategies, ICAAP, ILAAP, risk culture and awareness, PRA/FCA’s guidelines and other regulations to ensure that all business areas are aligned with the requirements of the established a robust risk management framework to meet the Banks strategic objectives.
To provide an oversight function over the day-to-day risk control, compliance and adherence to the risk appetite established by the governing body to ensure that the Bank maintains at all times adequate capital and liquidity in terms of the approved ICG, LCR, NSFR and ILG with the necessary daily and regular reports/information forwarded to Senior Management and other Bank Committees including action plans, challenges and recommendations to ensure effective implementation of risk management tools including internal systems and controls on a timely basis under both normal and stressed conditions and thus contribute to the smooth functioning of the distributed risk management framework.
To conduct ad-hoc tasks as required and assist in the preparation and review of policies, terms of reference, risk reports, ICAAP, ILAAP, RRP, annual report and correspondence to the regulators. Maintain and record the Bank’s incident log, ensuring that they are produced, executed, recorded and then distributed.
Risk Officer employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Officer
✨Tip Number 1
Familiarise yourself with the latest regulations and guidelines from the PRA and FCA. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the banking and risk management sectors. Attend industry events or join relevant online forums to connect with current Risk Officers or managers who can provide insights into the role and possibly refer you to opportunities.
✨Tip Number 3
Stay updated on current trends and challenges in risk management, particularly those affecting banks. Being able to discuss recent developments during your interview will show that you are proactive and knowledgeable about the field.
✨Tip Number 4
Prepare to discuss specific risk management tools and methodologies you have experience with. Highlighting your practical knowledge of risk assessment frameworks and reporting processes will set you apart from other candidates.
We think you need these skills to ace Risk Officer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Risk Officer. Familiarise yourself with risk management frameworks, compliance regulations, and the specific requirements mentioned in the job description.
Tailor Your CV: Highlight relevant experience in risk management, compliance, and oversight functions in your CV. Use specific examples that demonstrate your ability to manage risk profiles and adhere to regulatory guidelines.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your understanding of the bank's risk governance and your commitment to maintaining compliance. Mention how your skills align with the strategic objectives of the bank.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in risk management.
How to prepare for a job interview at Morgan McKinley
✨Understand the Risk Management Framework
Familiarise yourself with the Bank's risk management framework and policies. Be prepared to discuss how you can contribute to maintaining compliance with these guidelines and how your previous experience aligns with their risk governance.
✨Showcase Analytical Skills
As a Risk Officer, analytical skills are crucial. Prepare examples from your past roles where you successfully identified risks and implemented effective controls. Highlight your ability to analyse data and make informed decisions under pressure.
✨Demonstrate Communication Skills
Effective communication is key in this role. Be ready to explain complex risk concepts in simple terms. Practice articulating your thoughts clearly, as you will need to present reports and recommendations to senior management and committees.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities in risk management situations. Think of potential challenges you might face in the role and how you would address them, especially under stressed conditions.
