Risk Analyst in Wolverhampton

Risk Analyst in Wolverhampton

Wolverhampton Full-Time 38000 - 43000 £ / year (est.) No home office possible
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OneSavings Bank Plc

At a Glance

  • Tasks: Support risk monitoring, assessment, and reporting while managing market and liquidity risks.
  • Company: Join OSB Group, a forward-thinking bank committed to transformation and inclusivity.
  • Benefits: Enjoy a competitive salary, hybrid working, and enhanced family-focused benefits.
  • Why this job: Make an impact in a dynamic team while developing your analytical skills.
  • Qualifications: Experience in data analysis, strong Excel skills, and excellent communication abilities.
  • Other info: Embrace a supportive workplace with opportunities for professional growth and diversity.

The predicted salary is between 38000 - 43000 £ per year.

About the team

The Prudential Risk team is responsible for ensuring the bank adheres to all regulatory as well as internal risk appetite requirements with regards to liquidity risk, interest rate risk and solvency risk. The team has oversight over the first line business activity of the bank and is responsible for the accurate and timely reporting of key risk metrics to various committees, including the Board. The team reports into the Group Chief Risk Officer (GCRO) and works closely with Treasury, Capital Markets, Finance, Savings and Lending teams to ensure risks are understood and managed.

What you will be doing?

In this varied and interesting role, you will have the opportunity to support the ongoing operations of the Risk function with respect to risk monitoring, assessment and reporting and to provide support in relation to the management of market and liquidity risks, daily reporting and analysis and having day to day responsibility for the production and preparation of reports, M.I. and analysis. Working within a supportive team, you will deliver monthly reporting in relation to various committees and working groups whilst ensuring accurate data is provided in a timely manner and to a high consistent standard.

Your responsibilities will include:

  • Supporting production of internal Management Information, Daily, Weekly and monthly reporting.
  • Supporting continuous improvement of Working Groups and ALCO MI.
  • Ad hoc risk analysis.
  • Supporting the processes for identifying and evaluating regulatory developments, market trends, and industry practice and be involved in the resulting initiatives.
  • Undertaking 2nd line oversight and challenge of applicable regulatory reports.
  • Supporting the Manager in the key regulatory deliverables of a market and liquidity risk nature, e.g ICAAP, ILAAP and associated Pillar 2a analysis.

What’s in it for you?

We offer a base salary of £38,000-£43,000 dependent on experience and location and a competitive benefits package including:

  • Enhanced family-focused benefits
  • Hybrid-working (3 days per week from home, 2 days in the office)
  • Annual bonus opportunity

Do you have the skills?

We are looking for talented individuals who have the experience and knowledge set out below:

  • Demonstrable experience in managing analytically and data intensive processes is essential.
  • Strong knowledge of Excel modelling, VBA or SQL/Data Concepts are required, with demonstrable skills interrogating large data sets using candidate created queries or macros is essential.
  • Ability to interpret large datasets and create meaningful MI and commentary.
  • Excellent communication skills are essential.
  • Excellent skills in terms of organisation and ability to prioritise workload are essential.

About us

At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become ‘the bank of the future’. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

Diversity, Equity & Inclusion

Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.

Risk Analyst in Wolverhampton employer: OneSavings Bank Plc

At OSB Group, we pride ourselves on being an excellent employer by fostering a dynamic and supportive work culture that prioritises professional development and employee well-being. With a competitive salary and benefits package, including enhanced family-focused benefits and hybrid working options, we empower our Risk Analysts to thrive in their roles while contributing to our mission of becoming 'the bank of the future'. Our commitment to diversity, equity, and inclusion ensures that every voice is valued, making OSB Group a truly rewarding place to work.
OneSavings Bank Plc

Contact Detail:

OneSavings Bank Plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst in Wolverhampton

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working in risk roles. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your Excel and data analysis skills. Be ready to showcase how you’ve tackled data-intensive processes in the past. We want to see your analytical prowess in action!

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at OSB Group.

We think you need these skills to ace Risk Analyst in Wolverhampton

Risk Monitoring
Risk Assessment
Reporting
Market Risk Management
Liquidity Risk Management
Data Analysis
Excel Modelling
VBA
SQL
Management Information (MI) Production
Communication Skills
Organisational Skills
Workload Prioritisation
Regulatory Reporting

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Risk Analyst role. Highlight your analytical abilities, Excel skills, and any relevant experience in risk management to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk analysis and how your background makes you a great fit for our team. Keep it concise but impactful!

Showcase Your Data Skills: Since this role involves working with large datasets, be sure to mention any specific tools or techniques you've used, like SQL or VBA. We love seeing how you’ve tackled data challenges in the past!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!

How to prepare for a job interview at OneSavings Bank Plc

✨Know Your Risk Metrics

Familiarise yourself with key risk metrics relevant to the role, such as liquidity risk and interest rate risk. Be prepared to discuss how these metrics impact decision-making and reporting within a bank.

✨Excel and Data Skills on Display

Since strong Excel modelling and data interrogation skills are essential, brush up on your Excel functions, VBA, and SQL concepts. Consider preparing a small example or two of how you've used these skills in past roles to impress your interviewers.

✨Communication is Key

Excellent communication skills are a must for this role. Practice explaining complex data insights in simple terms, as you may need to present findings to various committees. Think about examples where you've successfully communicated analytical results.

✨Show Your Organisational Skills

With the need to manage multiple reports and deadlines, be ready to discuss how you prioritise your workload. Share specific strategies or tools you use to stay organised and ensure timely delivery of high-quality reports.

Risk Analyst in Wolverhampton
OneSavings Bank Plc
Location: Wolverhampton
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