Financial Risk Officer
Posted on Aug 20, 2019 by Global Resourcing
Our client are searching for an experienced Financial Risk Officer with solid IRRBB experience to join them on a long-term contract, or a permanent employment basis.
You are a risk analyst with a good understanding of different types of market risks (interest rate, liquidity and FX risks). You understand the complexities of a banking group with global operations and have a good understanding of recent regulatory changes and requirements.
You are curious, you are open to new developments and you know how to master your new material quickly. Moreover, you as a person are able to respond well to the wishes and needs of others as an expert advisor.
You are team player who will add value to the Financial Risk organization within a dynamic environment. You will ensure that the activities you are responsible for will be performed to an exceptional standard.
You possess an excellent command of English, being able to demonstrate negotiation, presentation and writing skills.
You are able to deal with cultural differences, conflicting interests, complex and unforeseen challenges, as well as to constructively cooperate with your peers in building a sustainable, effective and efficient working environment.
Managing global market and liquidity risks for the bank and advising senior management
As a Financial Risk Officer you work at the Financial Risk department in the heart of the bank. You contribute to the worldwide management of market and liquidity risks that affect the bank's consolidated balance sheet and thus the quality of service to customers.
Together with the other colleagues in your team, you are responsible for determining, analysing and controlling market risks (eg interest rate, currency, equity and liquidity risks arising from market and balance sheet developments relevant to the Bank.) You will investigate and monitor these developments and report your findings together with the Senior Financial Risk Officers in your team, and advise senior management how to respond optimally to market developments.
You also participate complex internal and external projects (eg the implementation of new regulations and risk systems for Interest Rate Risk in the Banking Book). Furthermore, you act as a contact person between the Financial Risk department and stakeholders such as Finance, Treasury and other colleagues at locations worldwide.
In this position you have a direct influence on the banks risk policy. You therefore make a concrete contribution every day to further strengthening the bank's position as a reliable and expert bank for clients.
Your work environment
Within the Financial Risk department the team analyzes and monitors worldwide market and liquidity risks for the bank. Within the team you work in a pleasant and open atmosphere together with very professional colleagues who continually challenge each other intellectually to get the best out of themselves. You get all the space and responsibility to maximize your personal qualities. Working within Financial Risk at the bank means working in a highly dynamic international corporate environment where you work together at all levels and with many departments.
Tasks to be performed
Data validation, ledger reconciliation, implementation of Interest Rate Risk in the Banking Book (IRRBB) measures to ensure compliance with the regulatory guidelines and reporting
- Review of data received by locations to ensure it is properly validated and ledger reconciliation is sufficient.
- Point of contact with locations to answer questions and offer solutions on the requested data
- Analysis of resulting risk figures and challenge locations based on the outputs
- The end criterion is that resulting output figures for reporting are of sufficient quality, can be explained to management and ensure regulatory compliance with IRRBB.
Your profile & skills
- A completed academic education, preferably in economics, econometrics, applied mathematics or comparable training;
- At least 3 years of relevant work experience within the financial sector preferably within the banking sector;
- Sound knowledge of risk management and financial products;
- Fluent in English;