At a Glance
- Tasks: Monitor and report on the Bank’s liquidity and market risks while identifying potential issues.
- Company: Join a global corporate banking client with a strong reputation in the industry.
- Benefits: Enjoy opportunities for professional growth and collaboration with various departments.
- Why this job: Be part of a dynamic team that influences key financial decisions and risk management strategies.
- Qualifications: 2-3 years of risk control experience and strong Excel skills are essential.
- Other info: Work closely with senior management and enhance your understanding of regulatory frameworks.
The predicted salary is between 43200 - 72000 £ per year.
THE COMPANY:
We are delighted to be working with a great client who specialise in corporate banking, with a global presence. They are looking for a Liquidity and Market Risk Analyst for their London team.
THE RESPONSIBILITIES:
- Acting in a second line of defence capacity, undertake regular reporting and monitoring of the Bank’s risk exposures in line with policy against predefined risk appetite metrics and limits, the individual will identify any breaches and/or emerging risks in the Bank’s balance sheet relating to liquidity, capital, FX or interest rate positions
- Enhancing and periodically preparing reports and dashboards that allow management to form a view of potential issues, or indeed opportunities that might arise from a current and forecasted positions
- Take responsibility for the creation of an appropriate menu of severe but plausible stress scenarios on liquidity and capital, taking account of the Bank’s business model, as well as the markets in which it operates, utilising relevant members of the Bank’s staff to assist
- Prepare suitable reports that compares the Bank’s prudential position on a stressed basis against the actual position
- Undertake monthly and/or quarterly stress testing on both capital and liquidity, considering scenarios, assessment of impact, management actions, and resultant capital and liquidity position
- Assist the Prudential Risk Manager and the Chief Risk Officer in the production of the ICAAP, ILAAP and other Prudential reports as required with a particular focus on the production of underlying financial data, and the stress testing impacts of these.
- Ensure that an appropriate suite of reports is created to allow management to govern the Bank’s liquidity and capital positions with respect to the regulatory limits, the risk appetite statement and the metrics prepared in the Prudential reports.
- Devise suitable Early Warning Indicators to allow sufficient lead time, across a number of market risk fields, such that management are alive to threats to the prudential position; these should be presented in the Bank’s Recovery Plan
- Maintain up to date knowledge of to the Prudential rules that stem from the Bank of England and the PRA, and assist in their interpretation and application to the Bank communicating these to ExCo via the CRO
- Be the Risk Team’s lead on improvements to the Bank’s systems for monitoring and reporting the liquidity, market and capital risks through greater automation working closely with Finance, Treasury and IT departments to enhance the timely monitoring and reporting of LCR and NSFR in particular.
- Assisting in the preparation on the monthly ALCO reports and the quarterly Board Reports in relation to liquidity and market risk matters
- Ensure the stress testing models and liquidity risk metrics are appropriately documented and validated, and that there are procedures in place to ensure the relevant processes are documented
- Ensure modelled outcomes are monitored to assist the future refinement and recalibration of the Model as considered appropriate.
EXPERIENCE REQUIRED:
- Sound knowledge and understanding of the UK Prudential Regulatory regime particularly with regard to liquidity and market risk
- A strong understanding of banks’ financials including liquidity, market and interest rate risk metrics, Balance Sheet, P&L, cash flow and ratio evaluation and interpretation
- Excellent Excel and modelling skills (including VBA) together with problem identification and solving skills
- At least two to three years’ risk control experience, largely predicated on market risk parameters
- Robust understanding of banks’ IT systems, management information and reporting systems
For further information please contact Natalie Antat
Liquidity and Market Risk Analyst employer: Saxton Leigh
Contact Detail:
Saxton Leigh Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Liquidity and Market Risk Analyst
✨Tip Number 1
Make sure to stay updated on the latest UK Prudential Regulatory rules, especially those related to liquidity and market risk. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the regulatory environment.
✨Tip Number 2
Familiarize yourself with the specific financial metrics and reports mentioned in the job description, such as LCR and NSFR. Being able to discuss these metrics confidently will show that you have a solid grasp of the role's requirements.
✨Tip Number 3
Highlight any experience you have with stress testing models and liquidity risk metrics. If you can share examples of how you've contributed to similar projects in the past, it will strengthen your candidacy.
✨Tip Number 4
Network with professionals in the banking and risk management sectors. Engaging with others in the field can provide valuable insights and potentially lead to referrals, making your application stand out.
We think you need these skills to ace Liquidity and Market Risk Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the responsibilities of a Liquidity and Market Risk Analyst. Highlight your relevant experience and skills that align with the requirements.
Tailor Your CV: Customize your CV to emphasize your experience in risk control, particularly in liquidity and market risk. Include specific examples of your work with financial metrics, stress testing, and regulatory compliance.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the UK Prudential Regulatory regime and your ability to enhance reporting systems. Mention your problem-solving skills and how they can benefit the team.
Highlight Technical Skills: Ensure you mention your proficiency in Excel and any experience with VBA or other modeling tools. Provide examples of how you've used these skills in previous roles to solve problems or improve processes.
How to prepare for a job interview at Saxton Leigh
✨Show Your Knowledge of Prudential Regulations
Make sure to brush up on the UK Prudential Regulatory regime, especially regarding liquidity and market risk. Being able to discuss specific regulations and how they impact the bank's operations will demonstrate your expertise and preparedness for the role.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you identified risks or opportunities through data analysis. Use examples that highlight your proficiency in Excel and modeling skills, particularly with VBA, as these are crucial for the position.
✨Understand the Bank's Business Model
Familiarize yourself with the bank's business model and the markets it operates in. This knowledge will help you create relevant stress scenarios and understand the implications of various risk factors on liquidity and capital positions.
✨Prepare for Technical Questions
Expect technical questions related to liquidity metrics, balance sheet evaluation, and stress testing methodologies. Be ready to explain your thought process and how you would approach different risk scenarios, as this will reflect your problem-solving skills and industry knowledge.