Senior Risk Analyst

About the Company

HSBC UK is one of the largest banking and financial services organisations in the world. We serve around 38 million customers across 64 countries and territories, providing a wide range of financial services including retail banking and wealth management, commercial banking, and global private banking. Our purpose is to open up a world of opportunity, and we are committed to helping our customers achieve their financial goals through innovation, integrity, and a strong sense of community. We pride ourselves on our diverse workforce and inclusive culture, offering unparalleled opportunities for career growth and development.

Job Description

We are seeking a highly analytical and experienced Senior Risk Analyst to join our dynamic team in Manchester. This role is crucial in supporting our risk management framework, ensuring compliance with regulatory requirements, and mitigating potential financial and operational risks across various business lines. The Senior Risk Analyst will be responsible for conducting detailed risk assessments, developing robust risk models, and providing actionable insights to senior management. If you possess a strong understanding of financial markets, excellent analytical capabilities, and a proactive approach to risk identification and mitigation, we encourage you to apply.

Key Responsibilities

• Develop, implement, and maintain comprehensive risk assessment models and methodologies.
• Conduct in-depth analysis of credit, market, operational, and liquidity risks.
• Monitor key risk indicators and report on risk exposures to senior management and relevant committees.
• Identify emerging risks and trends, and recommend appropriate mitigation strategies.
• Collaborate with cross-functional teams to integrate risk management practices into business operations.
• Ensure compliance with all internal policies, regulatory requirements, and industry best practices.
• Prepare detailed risk reports and presentations for various stakeholders.
• Contribute to the continuous improvement of the risk management framework and processes.
• Mentor and support junior risk analysts within the team.

Required Skills

• Minimum of 5 years of experience in a risk management role within financial services.
• Strong understanding of risk methodologies (e.g., VaR, stress testing, scenario analysis).
• Proficiency in statistical analysis software (e.g., SAS, R, Python).
• Excellent analytical, problem-solving, and decision-making skills.
• Solid knowledge of financial products, markets, and regulatory environments (e.g., Basel III, FCA).
• Ability to communicate complex risk concepts clearly and concisely to diverse audiences.
• Proven ability to work independently and as part of a team in a fast-paced environment.
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.

Preferred Qualifications

• Master's degree or professional certification (e.g., FRM, CFA).
• Experience with risk management software and data visualization tools (e.g., Tableau, Power BI).
• Previous experience in a global financial institution.
• Familiarity with specific UK financial regulations.

Perks & Benefits

• Competitive annual leave allowance, with the option to buy more.
• Generous pension scheme with employer contributions.
• Private medical insurance.
• Life assurance and income protection.
• Employee assistance program for personal and professional support.
• Discounted financial products and services.
• Opportunities for professional development and continuous learning.
• Hybrid work model promoting work-life balance.
• A diverse and inclusive workplace culture.

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