Financial Risk Management - Vice President
- Type: Permanent
- Location: England - London
- Industry: Financial Services - Banking
- Specialism: Risk Oversight
- Salary: £75,000 – 90,000 plus benefits and bonus
- Date Posted: 25/07/2024
- Consultant: Jack Woodlock
We are supporting a global leader in fund services, corporate governance and related asset services in the search for a senior Financial Risk hire to join their CRO division in London. The person will be joining a small team that focuses on identifying, monitoring, reporting and managing of financial risks within the Group. This is a role for an individual with strong Excel and Access skills to support the updates or and development of End User Computing applications in the Financial Risk Management (‘FRM’) team, drive activity for Model Risk Management in the Banking Services Division and support increasing levels of regular and ad-hoc analysis needs for the team. This Bank offers very flexible working arrangements for those that prefer it
Role Description
- Review business requirements from FRM and propose Excel / Access-based solutions
- Work with FRM and Group Functions such as Business Intelligence and IT on identifying data requirements and potential solutions for FRM EUC applications
- Deliver updates in an agile manner, enabling incremental improvements to existing processes
- Develop and improve analytical and reporting tools in line with regulatory and business needs for Credit, Liquidity and Market Risk
- Perform BAU and ad-hoc analysis, including developing new approaches where needed
- Drive Model Risk Management activities, including model validation and identifying and escalate potential Model Risk issues to management
- Support the FRM team with knowledge-sharing
Role Requirements
- Degree or qualification in a numerical discipline or equivalent experience
- Significant experience in a Financial Risk or ICAAP role with significant exposure to Basel III and EU CRR regulations
- Candidates must be highly numerate and have a logical, analytical and thorough approach
- Execution-focused and keen to deliver and improve high-value tools for stakeholders
- Significant experience developing EUC tools with expertise in Microsoft Excel and Microsoft Access, including strong knowledge of SQL and Visual Basic
- Experience with Model Validation / Model Risk Management
- Good communication and interpersonal skills are essential
- The ability to keep calm and prioritise work under pressure
- Excellent attention to detail
- An adaptable team player with a proactive approach to problem resolution