Risk Analyst

About the Company

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. We are committed to helping people achieve their ambitions – in the right way. We are dedicated to our customers and clients, and we constantly strive to innovate and improve.

Job Description

We are seeking a diligent and analytically-minded Risk Analyst to join our dynamic team in Manchester. This role is crucial in supporting the identification, assessment, and mitigation of various financial and operational risks across our business units. The successful candidate will play a key part in maintaining our robust risk management framework and ensuring compliance with regulatory requirements. This is an excellent opportunity for an ambitious professional looking to advance their career within a leading global financial institution.

Key Responsibilities

• Conduct quantitative and qualitative risk assessments across various business functions.
• Monitor key risk indicators (KRIs) and produce insightful reports on risk trends and exposures.
• Assist in the development, implementation, and review of risk policies, procedures, and methodologies.
• Prepare comprehensive risk reports and presentations for senior management, committees, and regulatory bodies.
• Collaborate effectively with various business units, internal audit, and compliance teams to understand their risk profiles and provide tailored advice and support.
• Support the integration of risk management practices into day-to-day operations and strategic decision-making processes.
• Participate in stress testing, scenario analysis, and capital adequacy assessments.
• Maintain an up-to-date understanding of industry best practices, regulatory changes, and emerging risks relevant to the financial services sector.

Required Skills

• Proven experience (minimum 3 years) in a risk management, analytical, or quantitative role within the financial services industry.
• Strong analytical, problem-solving, and critical thinking abilities.
• Proficiency in data analysis tools and techniques (e.g., advanced Excel, SQL; knowledge of Python or R is a plus).
• Excellent written and verbal communication skills, with the ability to articulate complex risk concepts clearly and concisely.
• Solid understanding of financial products, markets, and risk methodologies (credit risk, market risk, operational risk).
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Business, or a related quantitative field.

Preferred Qualifications

• Master's degree or professional certification (e.g., FRM, CFA, PRM).
• Experience with risk management software platforms and reporting tools.
• In-depth knowledge of specific regulatory frameworks applicable to the UK financial sector (e.g., Basel III, CRD, PRA rules).
• Previous experience working within a large, complex global financial institution.

Perks & Benefits

• Competitive annual salary and performance-based bonus scheme.
• Comprehensive health, dental, and vision insurance packages.
• Generous pension scheme with employer contributions.
• Life assurance and income protection benefits.
• Minimum of 25 days annual leave plus bank holidays.
• Extensive opportunities for professional development, training, and career advancement.
• Employee assistance program for personal and professional support.
• Access to a wide range of employee discounts, wellbeing initiatives, and corporate social responsibility programs.

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