Financial Risk Manager

InterQuest are supporting a well-established challenger bank who are seeking a Financial Risk Manager to join its Risk & Compliance function. This is a critical role providing independent oversight and challenge to Treasury and Finance teams, ensuring adherence to both regulatory standards and internal risk frameworks. Key Responsibilities: Provide independent review and challenge to Treasury and Finance activities to ensure regulatory compliance and alignment with internal policies. Recommend risk triggers and limits, and contribute to the development and reporting of risk appetite to the Board. Review ALCO (Asset & Liability Committee) materials and provide risk input into ALCO decision-making. Maintain and enhance capital, market, and liquidity risk policies and procedures in response to internal developments and regulatory changes. Offer documented assurance on ICAAP and ILAAP processes to support internal governance, audit, and regulatory reviews. Actively participate in Pricing Committee discussions, offering challenge and assurance on key assumptions. Oversee and validate Funds Transfer Pricing (FTP) assumptions and their implementation. Conduct regular assurance activities, including monthly pipeline reviews and backtesting. Monitor and challenge Treasury assumptions (e.g., prepayment, pass-through rates, effective interest rate models). Act as a subject matter expert in supporting the model validation process, particularly with Treasury models. Collaborate with the wider Risk and Compliance function as required. Skills and Experience Required: Experience in a similar Financial Risk position within a lending environment Proven experience interpreting and applying regulatory guidance in financial services. Strong background in market and liquidity risk, with hands-on experience in IRRBB (Interest Rate Risk in the Banking Book) methodologies. Proficient in Microsoft Excel; working knowledge of PowerPoint and Word.

Location: London, GB

Posted Date: 5/1/2025