Job description
An established bank is looking to add an experienced risk manager to their market risk team.
Key Responsibilities
- Assist the Head of Market Risk in maintaining a strong and effective risk management framework.
- Lead, mentor, and develop team members, supporting their growth within the Three Lines of Defence model.
- Enhance and evolve the risk management framework, embedding industry best practices.
- Promote and reinforce a proactive, positive risk culture across the organisation.
- Evaluate and challenge financial risk frameworks, including liquidity, interest rate, counterparty credit, capital management, and forecasting.
- Gain in-depth knowledge of regulatory requirements, systems, and models used to monitor financial risks.
- Provide independent assessments of key risk measures to ensure robust controls and governance.
- Support first-line risk management by reviewing frameworks, processes, and model effectiveness.
- Influence strategic decisions within the Asset and Liability Committee to support the Board and Executive.
- Prepare, contribute to, and oversee risk reports for regulators, boards, committees, and leadership teams.
- Ensure risk events are accurately recorded, monitored, escalated, and reported in a timely manner.
- Deliver risk insights that identify emerging trends, patterns, and key exposures impacting the bank.
- Lead targeted risk reviews and reporting initiatives to enhance strategic decision-making.
- Stay ahead of market risk management advancements, financial instrument valuation methodologies, and risk modelling techniques.
- Drive continuous improvement by introducing innovative approaches through professional development, research, and industry engagement.
- Ensure the delivery of high-quality risk analysis and reporting by reviewing and refining team outputs.
- Constructively challenge processes and decision-making to drive more effective business outcomes.
Key Requirements
- Minimum of 7 years of experience in a financial services risk management role.
- Expertise in financial risk analysis, including interest rate, liquidity, and credit risk.
- Proven ability to conduct balance sheet analytics and deliver independent risk insights.
- Strong experience working within the Three Lines of Defence risk management framework.
- Ability to engage, manage, and influence diverse stakeholders with varying priorities.
- Deep knowledge of financial services regulations and compliance requirements.
- Strategic thinker with a proactive approach to risk identification and mitigation.
- Exceptional written and verbal communication skills, with the ability to convey complex risk concepts clearly.
- Self-motivated and results-driven, with a strong sense of accountability.
- Highly analytical, with the ability to extract and communicate key risk insights from data.
- Strong organisational skills, capable of managing multiple projects and priorities simultaneously.
- Proficiency in policy writing and providing expert risk management advice.
- Bachelor's degree in Commerce, Finance, Economics, Mathematics, or a related field.
- Postgraduate qualifications in a relevant discipline (preferred).
If you are interested in learning more, reach out to Warren Corston via warren.corston@tomexecutive.com
