Job Description
Risk Analyst
West End
Hybrid (4 days in the office / 1 WFH)
Permanent
£50,000 - £60,000
cer Financial are working alongside an exciting, international bank who are based in the City of London. They are seeking a Risk Analyst to work with them on a permanent basis.
In this role you will be a quantitative expert in Risk Analytics, developing and maintaining predictive models for credit, market, and liquidity risk to safeguard the bank’s capital.
The responsibilities of the Risk Analyst will include:
* Support the Risk Analytics team (and Risk generally) in delivering and developing insights on a wide range of risks, in particular Credit (including ECL), LGD and PD parameter development.
* Support ICAAP (financial and credit RWA / ECL stress forecasting) and Recovery Planning.
* Development and implementation of scenario analysis and stress testing models generally.
* Support development and assessment of Operational and Climate Risk stress monitoring.
* Run and enhance risk appetite measurement models and related forecasting.
* Contribute to the enhancement of risk data quality.
* Support development of good model governance, including structured development, documentation of models and design and running of model validation tests.
The successful candidate will have:
* University degree (2.1+) with 2–3 years’ post-grad/commercial experience.
* Experience in banking/finance (Risk, Portfolio Analysis, Finance), including credit/liquidity regulatory calculations and reporting.
* Knowledge of the credit cycle, credit appraisal, and rating/decision models.
* Understanding of bank regulations, capital ratios, and credit risk modelling (PD, LGD) with model validation/monitoring experience.
* Familiarity with stress-testing (ICAAP), prudential risk management, and risk data quality.
* Skilled in data visualization, statistical concepts (Monte Carlo, credit transition matrices), and reporting.
* Proficient in Excel (error-checked spreadsheets); experience with MS Access, SQL, R, and Python.