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- Tasks: Join our Risk team to analyse and manage financial risks effectively.
- Company: A customer-focused financial services provider dedicated to robust risk management.
- Benefits: Enjoy hybrid working options and a competitive salary up to £48k.
- Why this job: Make an impact by enhancing risk frameworks and collaborating with diverse teams.
- Qualifications: 1+ year in risk management or data analytics; advanced Excel skills required.
- Other info: Open to junior and senior candidates; flexible working arrangements available.
The predicted salary is between 28800 - 48000 £ per year.
Our client, a customer centric financial services provider, are seeking a Risk Analyst to join their team 2nd line of defence Risk team. Reporting to the Chief Risk Officer, you will be supporting the embedding of credit and financial risk management frameworks to ensure they are robust and remain up to date. Working with the business you will identify, quantify and assess risks, and support the process for overseeing the business models and framework, providing independent oversight and challenge from a risk management point of view.
Duties of the Risk Analyst will include:
Whilst our client is based in Dorset, they are happy for this role to take on a hybrid approach. If already experienced within financial risk management then this can be undertaken largely remotely, if less experienced then would be required in the office 2-3 days a week.
The successful individual will possess:
This is a full time, permanent role, supporting the effective risk management of the business. The salary on offer is up to £48k but dependent on experience, they are open to more junior candidates with just 1 years analytics experience or more senior candidates with proven risk management and analytics exposure.
Risk Analyst employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in risk management and financial regulations. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the financial services sector, especially those working in risk management. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your Excel skills, particularly in areas like Power Query and VBA. Being able to demonstrate advanced analytical capabilities during practical assessments can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've identified and managed risks in previous roles. Having concrete instances ready will showcase your experience and problem-solving abilities effectively.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management and data analytics. Emphasise your advanced Excel skills and any specific projects where you've successfully analysed credit risk or financial data.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Risk Analyst position and how your background aligns with the company's needs. Mention your understanding of prudential risks and any experience you have with risk management frameworks.
Showcase Analytical Skills: Provide examples of how you've used data analysis to drive insights in previous roles. Highlight any tools or methodologies you've employed, especially those related to credit risk analysis or reporting.
Prepare for Potential Questions: Anticipate questions related to risk assessment and management during the interview process. Be ready to discuss specific scenarios where you've identified and mitigated risks, as well as your approach to presenting data effectively.
How to prepare for a job interview at Ultimate Banking
✨Showcase Your Analytical Skills
As a Risk Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used advanced Excel skills, including Power Query and VBA, to produce insightful analyses in previous roles.
✨Understand the Regulatory Framework
Familiarise yourself with the prudential regulatory framework relevant to credit risk. During the interview, demonstrate your understanding of how these regulations impact risk management practices and be ready to discuss any relevant experiences.
✨Communicate Clearly
You'll need to present risk data effectively to various stakeholders. Practice explaining complex data insights in a clear and concise manner, as this will be key in showcasing your communication skills during the interview.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities in risk management. Think about past situations where you identified and mitigated risks, and be ready to explain your thought process and the outcomes.
