Junior Risk Reporting Analyst

Contract | London, ENGLAND | about 2 months

Job Summary

LMA Recruitment

£68,856 Average salary of similar jobs | Check Salary...

Job Description

The central purpose of this role in to support the Head of Reporting Team.

This will include but not be limited to the following;

To support the development and management of Credit, Operational, Market and Liquidity "Risk" reporting to a standard that meets the needs of the business, meets regulatory expectations, and continues to develop in line with good market practice

To maintain and develop Risk Tolerances and other risk appetite metrics, and maintain related documents to regulatory and audit standard

Produce and develop regular or ad-hoc reporting suite and maintain procedure documents to audit standard. Ad-hoc reporting may be required for senior management or regulator queries

The role holder will be in a team which is also responsible for monitoring and reporting the status of risk appetite, including definitions, methodology and documentation for the metrics

The role holder will be in a team which is also required to respond quickly and accurately to ad-hoc analysis requests from senior management and the regulator

Other daily tasks

  • Own, manage and operate complex data extraction, analysis and reporting processes encompassing very large data sets
  • Production of complex reports to tight committee deadlines on a monthly basis including the monthly risk Committee report and key elements of the Board risk committee reports.
  • Produce the daily and monthly portfolio analytical reports and other regular reports (such as Alarm report, ACPM activities, etc) in the scheduled timeframe, including four-eyes check for the reporting to Senior Management and Committees.
  • Update and manage regulatory and internal limits and guidelines
  • Maintain Reporting Team related procedure documents to regulatory and audit standard
  • Participate in development of checking process to ensure accuracy of base dataset, and confirm that reports are consistent and agree back to source data
  • Actively manage, update and monitor exposure and any related items and systems (this includes, but is not limited to, internal limits and guidelines, as well as country limits and guidelines)
  • Interact with front office units on a regular basis to ensure the Risk Operating Platform continues to provide useful information and analysis. If necessary, develop new reporting material leveraging on new data available on GBR or other source
  • Take initiative on various ad-hoc projects arising from day-to-day businesses, including ad-hoc portfolio analysis to support businesses or as instructed by management
  • Day-to-day management of IT development resource when it is directed to remediating or enhancing portfolio credit risk reporting.
  • Maintaining technical documentation.
  • Liaise with the subject matter experts (SME) and get monthly overview sign-off.

Knowledge, Skills, Experience & Qualifications

  • REQUIRED: Very strong data and reporting skills (e.g. SQL, access, VBA, excel, Business Objects etc)
  • Knowledge of data capture systems for banking
  • Experience in working within a bank's reporting team, especially for credit risk and portfolio matters is desirable.
  • Likely experience in the risk disciplines.

Personal Attributes

  • Ability to communicate clearly to senior management, especially via analysis and associated written commentary
  • Ability and willingness to work to challenging timescales and hard deadlines
  • Ability to work accurately and efficiently under pressure
  • This is an immediate opportunity so please apply without delay.

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