At a Glance
- Tasks: Join a growing team to support financial risk management and develop your analytical skills.
- Company: A Leicester-based financial services firm focused on risk analysis and management.
- Benefits: Enjoy a 50% hybrid work model and opportunities for skill development.
- Why this job: Gain hands-on experience in a dynamic environment while contributing to important financial oversight.
- Qualifications: Degree in maths, economics, or stats; 6 months to 2 years in a risk-related role.
- Other info: Ideal for enthusiastic learners looking to grow in the financial sector.
The predicted salary is between 28800 - 43200 £ per year.
Our financial services client is looking for a new Financial Risk Analyst to join a small, growing team as part of the 2nd line function. This is a fantastic opportunity for a Junior Risk / Financial Analyst to gain exposure to multiple areas of the 2nd line function including oversight, validation, assurance as well as develop their technical skills in Excel / VBA / SAS / SQL. The organisation is Leicester based and operates a 50% hybrid model.
The Role:
- Support in the production of Financial Risk Management Information (MI)
- Assist in the maintenance and development of the organisations Key Risk Indicators (KRI’s).
- With support, assist with EUC validation activities and draft EUC reports.
- Aligning with the Financial Risk oversight framework, assist with the testing of key documents and processes relating to ICAAP, ILAAP and the strategic plan.
- Assist with 2nd line assurance activities that include a wider remit including financial modelling, financial systems and regulatory reporting.
- Work closely with the Head of to assist with important activities such as committee meetings, regulatory matters and audits.
Key Skills / Experience Required:
- IT, Numerical or Analytical skills from a degree or similar education in mathematics, economics, statistics or similar.
- 6 months – 2 years professional experience in a risk related role from any regulated industry like financial services, utilities, retail, telecoms or insurance etc.
- Some technical skills either from Excel, VBA, SAS, SQL or similar – analytically minded.
- Enthusiastic individual keen to learn and develop their skills and experience.
Should you feel you have the right skills / experience and are based within a commutable distance to Leicester, a UK resident that would not require sponsorship, please apply and you will be contacted by James Evans from TRR.
Financial Risk Analyst employer: Technology and Risk Recruitment LTD
Contact Detail:
Technology and Risk Recruitment LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Risk Analyst
✨Tip Number 1
Familiarise yourself with the key risk indicators (KRIs) relevant to the financial services sector. Understanding these metrics will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your technical skills, especially in Excel, VBA, SAS, and SQL. Consider taking online courses or tutorials to enhance your proficiency, as this will be crucial for the analytical tasks you'll be handling.
✨Tip Number 3
Network with professionals in the financial risk management field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare to discuss your previous experience in risk-related roles during the interview. Be ready to share specific examples of how you've contributed to risk management processes, as this will showcase your suitability for the position.
We think you need these skills to ace Financial Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk analysis or financial services. Emphasise any technical skills you have in Excel, VBA, SAS, or SQL, as these are crucial for the role.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the position and the company. Mention specific experiences that align with the job description, particularly your analytical skills and any relevant projects you've worked on.
Highlight Relevant Education: If you have a degree in mathematics, economics, statistics, or a related field, make sure to mention it prominently. Include any coursework or projects that demonstrate your analytical capabilities.
Show Willingness to Learn: In your application, express your eagerness to develop your skills further. Companies appreciate candidates who are enthusiastic about learning and growing within their roles.
How to prepare for a job interview at Technology and Risk Recruitment LTD
✨Brush Up on Financial Risk Concepts
Make sure you have a solid understanding of key financial risk concepts, such as Key Risk Indicators (KRIs) and the ICAAP/ILAAP frameworks. Being able to discuss these topics confidently will show your potential employer that you're well-prepared and knowledgeable.
✨Showcase Your Technical Skills
Since the role requires technical skills in Excel, VBA, SAS, or SQL, be ready to discuss your experience with these tools. If possible, prepare examples of how you've used them in previous roles or projects to solve problems or improve processes.
✨Demonstrate Your Analytical Mindset
As a Financial Risk Analyst, analytical skills are crucial. Be prepared to discuss how you've approached problem-solving in the past, particularly in risk-related scenarios. Use specific examples to illustrate your thought process and decision-making.
✨Express Your Enthusiasm for Learning
The job description highlights the importance of being keen to learn and develop. During the interview, convey your enthusiasm for the role and your desire to grow within the company. Share any relevant courses or certifications you’re pursuing to enhance your skills.