Risk Reporting Analyst

Job Description

Risk Reporting Analyst£50,000 - £60,000 + Bonus + Excellent BenefitsCentral London - HybridTHE COMPANYThe bank is a growing London bank with a cosmopolitan culture. The business comprises private banking, commercial and wholesale banking together with retail activities. They are a prolific lender but with low volatility risk in areas of commercialreal estate and corporate lending. In the last few years they have upgraded their risk department to rise to the challenge of an ever increasing loan and banking product offering. They now have a new role within the risk department which offers excellent exposureto the whole of the bank and its products as well heads of business.THE ROLEResponsible for preparing regular and time-sensitive analytics, visualizations and risk reports to support risk managers, senior management, and regulators, with close collaboration with risk experts. For example, risks inherent in Credit, Market,Operational or other Risk portfolios. Reporting can cover a variety of areas including but not limited to portfolio concentrations and limited exceptions.

• Stress testing, loss reserves or high-risk exposures.
• Assisting Credit Admin team on various tasks daily
• Centrally acquire all data related to financial risk (credit, market, prudential) and climate change while ensuring data quality, completeness, and consistency.
• Share expertise in the specific risk management area, including risk metrics, risk governance, as well as related data and technology infrastructure.
• Leverage risk and technical expertise to increase the information value of the content with actionable insights for management.
• Drive process improvement opportunities that enhance the efficiency of the report production process.
• Create new reports in excel, dashboards etc. as required.
• Develops and delivers opportunities for process automation in collaboration with the overall risk function
• Supports the enhancements of risk data infrastructure and collectively works with technology to ensure system enhancements are aligned with the needs of management/risk reporting
• Supports the risk data requirements gathering process from a technical perspective working closely with the CDO.
• Is the custodian of the master risk data documentation and risk data dictionary development

SKILLS AND EXPERIENCE REQUIREDTo be considered for the role, you will meet the following criteria:

• Experience in a banking or financial institution on management information and reports under a Risk perspective and/or
• Working in other areas of banking but with knowledge and experience of universal banking products
• Experience in BCBS239 preferred or willingness to learn.
• Strong analytical skills, able to rationalise data from several sources and create meaningful insight which can be incorporated into the management of the local risk framework.
• Anyone working as a Risk MI Analyst or any other Risk related role that involves reporting/data in their current responsibilities will be suitable, or if part of any other banking teams (Credit, Loans etc.) with a good understanding of banking productsetc.

Additionally, you should meet the following requirements:

• Bachelors or masters degree in science, engineering; finance, economics; or related analytical fields
• 4/5+ years advanced level experience in related field with cross-risk reporting experience preferred
• Advanced knowledge of Microsoft Excel, Access, PowerPoint
• Skills in data, analytics, databases, and data quality are desired; experience in Tableau, PowerBI, and visualization is preferred
• Excellent banking data attributes and their interactions
• Experience in BCBS239 preferred
• Coding experience in Python, R, SAS, Stata (or related statistics packages) with complex data is helpful
• Knowledge and experience of universal banking products
• Experience in sourcing and analysing climate change data

This role is suitable for someone working as a Risk MI Analyst or any other Risk related role that involves reporting/data in their current responsibilities will be suitable, or if part of any other banking teams (Credit, Loans etc.) with a good understandingof banking products etc. or if part of any other banking teams (Credit, Loans etc.) with a good understanding of banking products etc.