Risk Analyst Banking (Permanent) in London

Zenith Bank (UK) Limited (ZBUK) is a subsidiary of Zenith Bank PLC, the most profitable bank in Nigeria with an established trajectory of superlative performance, as well a strong pedigree of innovation, resilience, and market dominance. On an annual basis, Zenith Bank PLC amasses a string of notable awards; one of the most recent being listed as the sole Nigerian brand on the World’s top 100 companies in 2023 by the World Finance Magazine.

Zenith Bank (UK) Limited (ZBUK) was set up with a clear strategy to leverage trade and investment flows between Nigeria and Europe, by providing intermediary banking services and facilities for trade-related working capital and capital expenditure. Zenith Bank recognises the importance of leveraging a highly skilled workforce to achieve its strategic and operational goals. The bank is committed to providing an environment that is conducive for effective performance by availing all staff the necessary learning opportunity. We value the well-being of our staff and we encourage them to strike a balance between their work and personal lives, thereby creating a healthy atmosphere for personal development and career success.

With the introduction of new services here in the UK and our unparalleled knowledge of business with Africa, our 5 year strategy ensures “Controlled Growth” as we aim to become the Bank of choice for businesses wishing to transact in the African continent.

The Prudential Risk Analyst supports Manager, Prudential Risk in the identification, assessment, monitoring and reporting of prudential risks, with a primary focus on liquidity and capital risk. The role supports the Bank’s liquidity risk management framework, ILAAP, including the monitoring and analysis of key liquidity and funding metrics, risk appetite measures and applicable regulatory requirements.

Responsibilities include:

• Undertaking regular liquidity risk analysis, supporting management and regulatory reporting, investigating movements against established limits and thresholds, and escalating emerging liquidity risks where appropriate.
• Contributing to liquidity stress testing, contingency funding planning, regulatory reporting and the ongoing assessment of the Bank’s liquidity and funding position.
• Supporting capital risk management, including monitoring key capital metrics, supporting capital risk reporting and contributing to relevant analysis and assessments as required.
• Working closely with Treasury, Finance, Compliance, IT and relevant business units to support data quality, effective risk monitoring, regulatory compliance and sound prudential risk governance.
• Assisting in assessing the impact of changing market conditions, business activities and regulatory expectations on the Bank’s liquidity position.
• Providing management transparency and assurance to Risk Management and EXCO on the Bank’s liquidity and funding risk profile, through the preparation and presentation of dashboards, regular risk reports and ad hoc management information.
• Supporting the second line of defence oversight and challenge of liquidity risk, including review of key liquidity metrics, regulatory returns, underlying processes, data and controls.
• Developing and enhancing review tools, dashboards and management information, including automation where appropriate, to improve the robustness, efficiency and consistency of liquidity risk monitoring and regulatory review.
• Keeping abreast of relevant regulatory and market developments affecting liquidity and prudential risk management, and communicating material developments and their implications to relevant stakeholders.

Experience required:

• Experience in liquidity risk management including ILAAP.
• Good understanding of the various banking systems and end-to-end internal regulatory reporting process.
• Advanced Excel Skills.
• Minimum 3 years of Banking experience in the liquidity or prudential risk function.
• Strong knowledge of Banking Products.
• Very proficient and creative in PowerPoint & Excel.
• Commercial Awareness.
• Delivers the bank’s values.

This is a permanent position, paying up to £80,000.00 per annum based on experience.