Remote Senior Treasury Risk Analyst
4 days ago
Wolverhampton
PositionSenior Treasury Risk AnalystGroupNBKI LondonReports ToEnterprise Risk LeadDirect ReportsNoneInternal Relationships\n\n • NBKI management and staff\n, • Treasury, Treasury Back Office / Operations, Finance, and Risk\n, • NBKI management committees including Asset & Liability Committee (ALCO) \n, • Group at NBK\nExternal Relationships\n Occasional work with external and internal auditors Number of full-time equivalent employees: 1GradeIBG06Job Purpose\n Supporting the Risk team and delivering on NBKI’s Business Strategy by supporting the provision of a robust second line of defence (oversight, review, and challenge) of Treasury activities/risks. \n The role of the Treasury Risk Senior Analyst will be to support the Treasury Risk Manager in delivering effective second-line oversight of all aspects of Treasury risk, including asset and liability management (ALM) & interest rate risk in the banking book (IRRBB), liquidity risk, and foreign exchange risk; and support the Operational Risk function in aspects of their work relating to Treasury functions. \n The incumbent must assist in the below activities: \n\n • Supporting the embedding of the bank’s risk management framework into its Treasury operations and processes\n, • Maintaining a governance and controls framework based on a delineated three lines of defense model.\n, • Improving controls around treasury and treasury operations and helping to finalise the treasury target operating model.\n, • Support on adequate management of IRRBB, FX Risk, Liquidity Risk (e.g., LCR, NSFR) and capital management.\n, • Building mathematical models and analysis of ALM & IRRBB and Liquidity Risk.\n, • Increase process efficiency through process automation and use of programming languages.\n, • Assist in improving the quality, timeliness, and accuracy of risk-related MI, which supports strategic decision-making and risk management practices.\n, • Supporting with the production and delivery of risk-related MI and reports for internal and external stakeholders (including the Board, ALCO, regulators, credit rating agencies, etc.).\n, • Providing oversight and validation of Treasury related Models, spreadsheets/macros, etc. (e.g., Funds Transfer Pricing, cash flow forecasting and liquidity models);\n, • Working collaboratively with Treasury (and other areas of the Bank) to support revenue-generating initiatives within the Bank’s risk appetite (including providing 2nd line monitoring and oversight of risk management practices and providing the business with a view as to ‘good practice’); and\n, • Assist on producing key regulatory documents, including the ILAAP, ICAAP, Recovery Plan and RAS.\n, • Provide new analytics, tools and insights as and when the demand arises for them. This includes demand from Risk, Treasury and Financial Control.\n\n \n Day-to-day responsibilities: \n\n • Monitoring and reporting on Treasury’s compliance/performance concerning the Treasury Risk Management Framework.\n, • Enhancing the controls environment/practices (preventative and detective controls); \n, • To raise concerns about practices, behaviors, and possible breaches of policies and guidelines to the Manager – Treasury Risk, Head of Treasury Risk and/or the CRO.\n, • Provide forecasts and unique insights to support Treasury and Risk decision-making.\n, • Assist in developing the tools and measures to ensure the bank has meaningful insights into its Interest Rate Risk, Liquidity, Capital and regulatory positions.\n, • Creating and maintaining risk registers/logs and overseeing the closure of open action points.\n, • Updating the department on domestic and international developments and events that could impact Treasury-related practices (e.g., Banking Committee of Banking Supervision good practice guidelines, etc.) and raising awareness and act on the knowledge.\n\n Qualification & Experience\n (1) Qualifications: \n \n University degree (minimum UK 2:1 or equivalent - Masters level qualifications preferred) in a quantitative discipline (e.g., mathematics, accounting, economics, computer science, engineering etc.); \n \n Appropriate formal risk qualification is highly desirable. \n \n (2) Experience: - \n \n Intermediate level post-graduate with 5 years’ experience in risk management (or consultant) or ALM \n \n • Experience in a banking or financial institution (Risk, Business Portfolio Analysis or Finance), including market risk and / or liquidity risk regulatory calculations and production of management information and reports; \n • Good appreciation of interest rate risk and liquidity risk modelling. \n • Broad familiarity with stress-testing (regular and episodic e.g., ILAAP, ICAAP). \n • Familiarity with the operations of prudential risk management. \n • Skilled in the visualisation of data and selecting appropriate chart types to inform management \n • Good communication skills, and the ability to write and speak on technical issues to a non-technical audience \n • Knowledge of statistical and mathematical concepts such as Monte-Carlo and time series models. \n • Skilled with Microsoft Excel, including creation of spreadsheets. Experience of MS-Access and/or SQL development would be helpful. \n • Risk data quality and management \n • Exposure to “R” and “Python” for coding