About the role
AI summarisedThis role is for a Manager/AVP in Risk Appetite and Concentration Analysis at a bank. The position involves developing and maintaining the risk appetite framework, monitoring concentration risks, and supporting stress testing and scenario analysis. The analyst will work with various risk types and collaborate with business units to ensure alignment with risk appetite.
BusinessFull-timeGeneral
Key Responsibilities
- Develop, maintain, and enhance the bank's risk appetite framework and concentration risk policies.
- Monitor and report on risk appetite metrics and concentration limits across credit, market, and operational risk.
- Conduct stress testing and scenario analysis to assess impact on risk appetite and capital adequacy.
- Prepare risk appetite and concentration risk reports for senior management and board committees.
- Collaborate with business units to ensure risk-taking activities align with the approved risk appetite.
- Support the review and challenge of risk appetite statements and concentration limits.
- Assist in the development of early warning indicators and trigger levels for concentration risks.
- Contribute to regulatory submissions and responses related to risk appetite and concentration risk.
Requirements
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Minimum 5 years of experience in risk management within banking or financial services.
- Strong understanding of risk appetite frameworks and concentration risk concepts.
- Experience with stress testing, scenario analysis, and capital management.
- Knowledge of Basel guidelines and regulatory requirements related to risk appetite.
- Proficiency in data analysis and reporting tools (e.g., Excel, SQL, or similar).
- Excellent analytical and problem-solving skills.
- Strong written and verbal communication skills.
- Ability to work independently and manage multiple priorities.
- Professional certifications such as FRM, CFA, or PRM are preferred.