Risk Analyst

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.