Senior Risk Manager

Senior Risk Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
Recognise Bank

At a Glance

  • Tasks: Lead risk management and ensure robust oversight of finance and treasury activities.
  • Company: Recognise Bank, a modern bank supporting UK SMEs with tailored financial solutions.
  • Benefits: Generous leave, remote work options, private medical care, and professional development.
  • Why this job: Join a culture that empowers you to make a difference and supports your growth.
  • Qualifications: 10+ years in risk or finance within a regulated financial institution.
  • Other info: Flexible working model and commitment to diversity and inclusion.

The predicted salary is between 43200 - 72000 £ per year.

We are Recognise Bank; a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions. Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help businesses thrive. Since receiving our banking licence in 2021, we’ve built a loyal customer base and a strong, diverse team that puts people first. Our vision is building stronger futures with bespoke financial solutions.

About the role

As a Senior Risk Manager, you will provide independent second-line oversight of Finance and Treasury activities, ensuring robust management of liquidity, funding, capital and interest rate risk in the banking book. You will lead key elements of the Bank’s stress testing and scenario analysis framework, enhance risk data and reporting to support Executive and Board decision-making, and work closely with senior stakeholders to maintain a forward-looking, well-governed risk profile aligned with regulatory expectations and internal risk appetite.

Key Responsibilities

  • Treasury Risk Oversight
    • Provide robust second-line challenge and oversight of liquidity, funding, capital management and interest rate risk in the banking book (IRRBB).
    • Review and challenge Treasury risk appetite metrics, limit monitoring, stress testing outputs and compliance with internal risk policies.
    • Engage constructively with Finance and Treasury to ensure prudent and well-governed risk-taking aligned to regulatory expectations.
  • Stress Testing & Capital / Liquidity Frameworks
    • Lead the development, enhancement and execution of the Bank’s stress testing framework, including macroeconomic and idiosyncratic scenario design aligned to PRA and Bank of England expectations.
    • Analyse stress testing results to identify emerging vulnerabilities and recommend mitigating management actions.
    • Support the ongoing development and review of ICAAP, ILAAP and SEEP documentation, including associated financial modeling and regulatory submissions.
    • Contribute to the drafting and maintenance of the Bank’s Recovery Plan.
    • Develop and enhance risk MI, dashboards and reporting packs for Executive and Board Risk Committees.
    • Work with Finance, Treasury and Data teams to improve data quality, modeling integrity and reporting efficiency.
    • Contribute to the enhancement of risk policies, risk appetite frameworks, governance materials and control methodologies.
    • Support internal and external reviews, including regulatory engagement, audit activity and model validation exercises.
  • Corporate & Compliance Responsibilities
    • Adhere to all company policies and procedures, including risk management responsibilities set out in the Risk Management Policy.
    • Comply with all financial crime, compliance and regulatory policies, procedures and reporting obligations applicable to the role.

Required Skills & Experience

  • 10+ years experience within Risk, Treasury, Finance or a quantitative role in a UK regulated financial institution, ideally within a small to medium-sized bank.
  • Strong knowledge of stress testing frameworks, scenario design and financial modeling methodologies.
  • Solid understanding of liquidity risk, capital management, IRRBB and broader prudential risk frameworks, including credit, operational and climate risk.
  • Experience reviewing and providing challenges on ICAAP, ILAAP, Recovery Plans and related regulatory documentation.
  • Strong analytical and numerical capability, with the ability to interpret complex financial risk information and models.
  • Proficiency in data analysis and reporting tools, with experience producing clear and insightful management information.

Why Join?

  • Competitive Time Off – Generous annual leave plus bank holidays to rest, recharge, and enjoy life outside of work.
  • Work From Anywhere – Up to 4 weeks per year to work remotely from anywhere in the world.
  • Learning & Development – Tailored training and support to grow your skills and achieve your professional goals.
  • Hybrid Working – To support your work-life balance, we offer a hybrid working model with 3 days in the office and 2 days remote.
  • Private Medical Care with Vitality – Comprehensive healthcare including optical and dental coverage to keep you healthy.
  • Enhanced Pension Scheme – Helping you plan and save for a secure future.
  • Maternity, Paternity & Adoption Pay – Supporting you and your family during important life moments.
  • Discretionary Company Bonus – Rewarding your contribution to our shared success.

If you’re curious, driven, and ready to be part of something meaningful — where your ideas matter, your growth is supported, and your work makes a real impact — then we’d love to hear from you. Recognise Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Senior Risk Manager employer: Recognise Bank

Recognise Bank is an exceptional employer that prioritises the growth and wellbeing of its employees while fostering a culture of empowerment and integrity. With competitive benefits such as generous time off, hybrid working options, and tailored learning opportunities, we create an environment where you can thrive both personally and professionally. Join us in our mission to support UK SMEs and make a meaningful impact in the banking sector.
Recognise Bank

Contact Detail:

Recognise Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise.

✨Tip Number 2

Prepare for interviews by researching Recognise Bank thoroughly. Understand their values and how they align with your experience in risk management. Tailor your responses to highlight how you can contribute to their mission.

✨Tip Number 3

Practice your pitch! Be ready to explain your experience in stress testing and liquidity risk clearly and confidently. Use examples from your past roles to demonstrate your problem-solving skills and adaptability.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Recognise Bank team.

We think you need these skills to ace Senior Risk Manager

Risk Management
Liquidity Risk Management
Capital Management
Interest Rate Risk in the Banking Book (IRRBB)
Stress Testing Frameworks
Scenario Design
Financial Modelling Methodologies
ICAAP and ILAAP Documentation Review
Regulatory Compliance
Data Analysis
Management Information Reporting
Analytical Skills
Stakeholder Engagement
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Senior Risk Manager. Highlight your experience in risk management, treasury, and any relevant frameworks you've worked with. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about working at Recognise Bank and how you embody our values. Be genuine and let your personality come through.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples that demonstrate your impact in previous roles, especially in areas like stress testing and risk oversight. We love seeing results!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Recognise Bank

✨Know Your Risk Frameworks

Before the interview, brush up on your knowledge of stress testing frameworks and liquidity risk management. Be ready to discuss how you've applied these in previous roles, as this will show your expertise and understanding of the key responsibilities outlined in the job description.

✨Prepare for Scenario Analysis Questions

Expect questions around scenario design and stress testing outputs. Think of specific examples where you've led or contributed to these processes. Highlight your analytical skills and how you've used data to inform decision-making, which is crucial for the Senior Risk Manager role.

✨Showcase Your Stakeholder Engagement Skills

Since the role involves working closely with senior stakeholders, prepare to discuss how you've effectively communicated complex risk information in the past. Share examples of how you've built relationships and influenced decision-making within a team or organisation.

✨Align with Company Values

Recognise Bank values a 'can do, will do' attitude and integrity. During the interview, reflect on these values in your responses. Share stories that demonstrate your commitment to making a difference and acting responsibly, as this will resonate well with the interviewers.

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