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Senior Risk Management Officer

2 months ago


South East England, United Kingdom Wintermann Search Full time
Job Summary

We are seeking a highly skilled and experienced Risk Management professional to join our team at Wintermann Search. As a Senior Risk Management Officer, you will play a critical role in supporting and challenging the management of liquidity risks and reporting material risk issues to senior management.

Main Responsibilities
  • Support the Head of Risk and ALM in the day-to-day management of risk, with a particular focus on liquidity risk and ALM.
  • Act as joint/assistant secretary for ALCO meetings.
  • Produce management information of liquidity risk for ALCO, Subsidiary Risk and Compliance, and Branch Risk Committee meetings.
  • Assist the Department Head and the Liquidity Risk Team in the annual updates of the ILAAP and RRP for liquidity risk of the Subsidiary, as well as other UK regulatory compliance work.
  • Propose and provide advice on liquidity risk management strategy, framework, policy, and procedure.
  • Liquidity Risk Management: Monitor the Bank's liquidity position and buffer on a daily basis, conduct daily liquidity forecasting, and perform ad hoc analyses.
  • Internal liquidity risk stress testing, including regular review of scenarios to ensure they are relevant and up to date.
  • Subsidiary only: assist Department Head in Recovery and Resolution Planning, including annual update of the Recovery Plan.
  • Subsidiary only: participate in annual update of ILAAP/ICAAP and Pillar 3 Statement.
  • Oversight of RFR upload process: assist Department Head in the daily RFR upload process.
Requirements
  • Fully aware of industry trends and best practices, with a minimum of 5 years' risk management experience with reputable banks/FIs, with particular focus on liquidity risk and ALM.
  • Full understanding and correct interpretation of regulatory regimes and requirements regarding liquidity risk (LCR/NSFR monitoring, etc.) and ALM.
  • Involvement in preparation of ILAAP and ideally also Pillar 3 and ICAAP.
  • Strong team working skills, including participation in risk management projects and working groups as joint/assistant secretary as well as action owner.
  • Excellent written and verbal communication skills, including active participation in group discussions/meetings such as ALCO.
  • Able to deliver accurate and comprehensive risk reports and propose meaningful, constructive, proportionate, and forward-looking solutions and suggestions.
  • Productivity application (IT) skills, particularly Excel.
  • Educated to graduate level in a business-related subject (postgraduate and/or professional risk qualifications desirable).