Recognisebank2mo ago

Senior Risk Manager

London,LondonFull Timesenior

Finance & AccountingRisk Manager

3 views0 saves0 applied

Apply Now

Quick Summary

Overview

Hello, We are Recognise Bank; a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions. Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help…

Technical Tools

data-analysisfinancial-modeling

Hello,

We are Recognise Bank; a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions. Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help businesses thrive. Since receiving our banking licence in 2021, we’ve built a loyal customer base and a strong, diverse team that puts people first.

Our vision is building stronger futures with bespoke financial solutions. We understand that no two financial needs are the same, which is why we work closely with UK SMEs and individuals to unlock potential others often overlook. Through smart, flexible lending and savings products, we’re here to build and grow stronger futures for lasting success.

Our values shape how we work and grow together:

💪 Can do, will do: We take ownership, solve problems, and adapt as our customers’ needs evolve.

✨ Be brilliant: We show up with curiosity and energy, always striving for better.

🤝 Do the right thing: We act with integrity, responsibility, and care in everything we do.

💡Make a difference: We focus on impact, helping our customers, colleagues, and communities succeed.

About the role

As a Senior Risk Manager, you will provide independent second-line oversight of Finance and Treasury activities, ensuring robust management of liquidity, funding, capital and interest rate risk in the banking book. You will lead key elements of the Bank’s stress testing and scenario analysis framework, enhance risk data and reporting to support Executive and Board decision-making, and work closely with senior stakeholders to maintain a forward-looking, well-governed risk profile aligned with regulatory expectations and internal risk appetite.

Treasury Risk Oversight

Provide robust second-line challenge and oversight of liquidity, funding, capital management and interest rate risk in the banking book (IRRBB).

Review and challenge Treasury risk appetite metrics, limit monitoring, stress testing outputs and compliance with internal risk policies.

Engage constructively with Finance and Treasury to ensure prudent and well-governed risk-taking aligned to regulatory expectations.

Stress Testing & Capital / Liquidity Frameworks

Lead the development, enhancement and execution of the Bank’s stress testing framework, including macroeconomic and idiosyncratic scenario design aligned to PRA and Bank of England expectations.

Analyse stress testing results to identify emerging vulnerabilities and recommend mitigating management actions.

Support the ongoing development and review of ICAAP, ILAAP and SEEP documentation, including associated financial modeling and regulatory submissions.

Contribute to the drafting and maintenance of the Bank’s Recovery Plan.

Risk Reporting, Data & Governance

Develop and enhance risk MI, dashboards and reporting packs for Executive and Board Risk Committees.

Work with Finance, Treasury and Data teams to improve data quality, modeling integrity and reporting efficiency.

Contribute to the enhancement of risk policies, risk appetite frameworks, governance materials and control methodologies.

Support internal and external reviews, including regulatory engagement, audit activity and model validation exercises.

Corporate & Compliance Responsibilities

Adhere to all company policies and procedures, including risk management responsibilities set out in the Risk Management Policy.

Comply with all financial crime, compliance and regulatory policies, procedures and reporting obligations applicable to the role.

10+ years experience within Risk, Treasury, Finance or a quantitative role in a UK regulated financial institution, ideally within a small to medium-sized bank.

Strong knowledge of stress testing frameworks, scenario design and financial modeling methodologies.

Solid understanding of liquidity risk, capital management, IRRBB and broader prudential risk frameworks, including credit, operational and climate risk.

Experience reviewing and providing challenges on ICAAP, ILAAP, Recovery Plans and related regulatory documentation.

Strong analytical and numerical capability, with the ability to interpret complex financial risk information and models.

Proficiency in data analysis and reporting tools, with experience producing clear and insightful management information.