Financial Risk Manager

Banking Circle; London; Hybrid; GBP 60,000 - 100,000

Job description

We are seeking an experienced Financial Risk Manager to join our dynamic team at a multi-jurisdictional bank regulated under both EU (CSSF) and UK frameworks. This role will be fast paced, dynamic and is crucial in managing and mitigating financial risks across capital, liquidity, market, and credit risk.

Banking Circle is a truly international and vibrant company with more than 600 skilled and dedicated employees worldwide. We are a differentiator in the market who provides the stability of a Bank and the flexibility of a Fintech, in order to deliver a payments solution to our clients as we continue transforming the Banking and Payments industry for the new economy.

About the role
We are looking to hire a skilled Financial Risk Manager to join our dynamic Risk team in the London Office, reporting to the Head of Risk, UK.

What you will be doing

• Take an active part in developing and maintaining a strong risk management framework within the defined and allocated area of responsibility, e.g. Credit, Market, Liquidity Risk etc. Ensure alignment with regulatory expectations and industry best practices, particularly in light of evolving CRR and CRD requirements;
• Oversee and enhance the Bank’s financial risk framework, ensuring compliance with CSSF, PRA, FCA, and EBA regulations;
• Conduct capital adequacy, liquidity, credit, and market risk assessments, aligning with regulatory expectations, and support ICAAP, ILAAP, and recovery planning exercises;
• Contribute to the development of stress testing and scenario analysis methodologies;
• Implement and maintain risk monitoring tools and dashboards using SQL, Power BI, and Python for data-driven insights and risk management reporting;
• Collaborate with internal teams across risk, treasury, credit, finance, and compliance functions to enhance risk management processes;
• Analyse regulatory changes and ensure the Bank remains compliant with evolving risk standards;
• Together with the Head of Risk UK, and the CRO, be a point of contact in 2nd LOD for the designated risk area and point of contact for financial risk and regulatory developments. Participate in relevant forums to foster structured dialogue and shared understanding between the 1st and 2nd LODs as required.

What we are looking for
To be the right candidate for this position, we expect you to have a demonstrated capability from an applicable role where you have a strong background in risk management, having worked in a similar role for 3-5 years, within regulated financial institutions and a deep understanding of regulatory requirements within financial services across multiple jurisdictions. Proficiency in data analytics, including SQL, Power BI, and Python.

You have 5+ years’ relevant work experience with a holistic and solid understanding of being in a second line function in a banking landscape, including insight into payment services, normally experience from a similar position. You own strong knowledge of capital, liquidity, credit, and market risk frameworks.
You have experience with multi-jurisdictional (EU and UK) regulatory environments, including ECB, CSSF, FCA, and PRA guidelines. You possess extensive knowledge of risk measurement systems and concept as well as to establish relevant Risk and Internal Control Frameworks. Proven track record and experience working within the risk management area.
You have knowledge in SQL, PowerBI, and general proficiency in data analysis and management.
You have strong analytical and problem-solving skills, with the ability to translate data into actionable insights.
You possess excellent communication skills and ability to interact with stakeholders across different business units, ideally experience with key financial risk functions, including proven track record with Treasury, Credit and Liquidity functions.

As a person you are able to take ownership / assume responsibility, be pro-active, open minded, rigorous, as well as a fast learner with a dynamic personality.
You have a ‘questioning’ mind-set, naturally propose new ways of working and strive for constant improvement in current processes.
You have strong analytical and communicational skills with the ability to present complex (technical) matters in a simple / understandable way.
You are flexible and adaptable able to take on unstructured assignments, able to differentiate what is important, develop appropriate action plans and demonstrate ownership.
You have the ability to display good judgement, think ahead, anticipate questions and prioritise work tasks appropriately.

As Banking Circle is an international company it is a requirement that you are fluent in English.

What we offer you
We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team. Furthermore, we offer a competitive salary and a generous benefit package, opportunities for continuous learning, development, and a dynamic and collaborative culture that values personal initiative and professional achievements.

Would you like to join us?
We will be conducting interviews continuously; therefore, we urge interested candidates to apply online as soon as possible.
Please note that applications or CVs coming through email or direct messages will not be accepted or considered.

If you have questions do not hesitate to contact Svetlana Stetchi from People Team on email: [e-mail]. No agencies, please.

Department:

Location: London (UK)