Senior Treasury Risk Analyst

Senior Treasury Risk Analyst City of London Permanent £65,000 cer Financial are working alongside an international bank who are based in the City of London. They are seeking a Senior Treasury Risk Analyst who work with them on a permanent basis. The responsibilities of the Senior Treasury Risk Analyst will include:
Supporting the Risk team and delivering on the banks Business Strategy by supporting the provision of a robust second line of defence (oversight, review, and challenge) of Treasury activities/risks. Support the Treasury Risk Manager in delivering effective second-line oversight of all aspects of Treasury risk, including asset and liability management (ALM) & interest rate risk in the banking book (IRRBB), liquidity risk, and foreign exchange risk;

and support the Operational Risk function in aspects of their work relating to Treasury functions. Supporting the embedding of the bank’s risk management framework into its Treasury operations and processes. Maintaining a governance and controls framework based on a delineated three lines of defense model. Improving controls around treasury and treasury operations and helping to finalise the treasury target operating model.

Support on adequate management of IRRBB, FX Risk, Liquidity Risk (e.g., LCR, NSFR) and capital management. Building mathematical models and analysis of ALM & IRRBB and Liquidity Risk. Increase process efficiency through process automation and use of programming languages. Supporting with the production and delivery of risk-related MI and reports Providing oversight and validation of Treasury related Models, spreadsheets/macros, etc.

(e.g., Funds Transfer Pricing, cash flow forecasting and liquidity models). Working collaboratively with Treasury (and other areas of the Bank) to support revenue-generating initiatives within the Bank’s risk appetite (including providing 2nd line monitoring and oversight of risk management practices and providing the business with a view as to ‘good practice’). Assist on producing key regulatory documents, including the ILAAP, ICAAP, Recovery Plan and RAS.

Monitoring and reporting on Treasury’s compliance/performance concerning the Treasury Risk Management Framework. Enhancing the controls environment/practices (preventative and detective controls). Provide forecasts and unique insights to support Treasury and Risk decision- making. Assist in developing the tools and measures to ensure the bank has meaningful insights into its Interest Rate Risk, Liquidity, Capital and regulatory positions. Creating and maintaining risk registers/logs and overseeing the closure of open action points.

Updating the department on domestic and international developments and events that could impact Treasury-related practices (e.g., Banking Committee of Banking Supervision good practice guidelines, etc.) and raising awareness and act on the knowledge. The successful candidate will have:
University degree (minimum UK 2:1 or equivalent - Masters level qualifications preferred) in a quantitative discipline (e.g., mathematics, accounting, economics, computer science, engineering etc.);
Appropriate formal risk qualification is highly desirable. Intermediate level post-graduate with 5 years’ experience in risk management (or consultant) or ALM Experience in a banking or financial institution (Risk, Business Portfolio Analysis or Finance), including market risk and/or liquidity risk regulatory calculations and production of management information and reports;
Good appreciation of interest rate risk and liquidity risk modelling. Broad familiarity with stress-testing (regular and episodic e.g., ILAAP, ICAAP). Familiarity with the operations of prudential risk management. Skilled in the visualisation of data and selecting appropriate chart types to inform management Knowledge of statistical and mathematical concepts such as Monte-Carlo and time series models. Skilled with Microsoft Excel, including creation of spreadsheets.

Experience of MS-Access and/or SQL development would be helpful. Risk data quality and management Exposure to “R” and “Python” for coding