Financial Risk Manager
- Recruiter
- Vanquis Bank
- Location
- Central London
- Salary
- Competitive
- Posted
- 15 Feb 2017
- Closes
- 15 Mar 2017
- Job Title
- Finance Manager
- Category
- Banking and Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Financial Risk Manager
Central London
We have an exciting vacancy within our Finance department for a Financial Risk Manager due to continued growth of the business.
The main objectives of the role will be to continue to develop, maintain and strengthen the bank's Provisioning Framework and provide analytical support to manage the bank's retail deposits function. The role will also include involvement across a variety of material financial risks the bank faces.
The role will involve a significant amount of complex modelling to develop, implement and take full ownership of the bank's provisioning models and calculations under IFRS 9.
The individual will be expected to conduct research, review documentation, perform stress tests, propose and deliver solutions to improve models, methodologies, reporting and the overall risk framework. Responsibilities will require significant quantitative analysis but will also require taking a top level strategic view in order to analyse existing processes and benchmark against regulatory expectations and best practice comparative to business size and complexity.
Candidates will be required to have a strong knowledge of SAS and in general strong computer literacy especially with Microsoft products such as Excel.
There is an overarching responsibility to understand and evaluate additional risks that arise as the Bank grows and launches new products and services.
Essential:
- Proven technical experience coding, interpreting and running provisioning models
- At least 3 years' experience in quantitative analysis.
- Moderate to Advanced Base SAS Programming capability.
- Advanced Excel and experience across the MS Office Suite.
- Strong communication skills.
Desirable:
- Proven experience working with large data sets using SAS and/or SQL.
- Relevant experience working with MI and designing and producing MI reports.
- Experience/ knowledge across the other risk disciplines would be highly beneficial
- Experience relating to IFRS 9, to calculating Impairment
- Experience working with Basel II/III capital rules and regulatory capital calculations preferably in a Retail or QRRE portfolio and covering both the Standardised and IRB approaches.
To apply please email your CV and covering letter to us via the link