Risk Analyst

About the team:

The Prudential Risk team is responsible for ensuring the bank adheres to all regulatory as well as internal risk appetite requirements with regards to liquidity risk, interest rate risk and solvency risk. The team has oversight over the first line business activity of the bank and is responsible for the accurate and timely reporting of key risk metrics to various committees, including the Board. The team reports into the Group Chief Risk Officer (GCRO) and works closely with Treasury, Capital Markets, Finance, Savings and Lending teams to ensure risks are understood and managed.

What you will be doing:

In this varied and interesting role , you will have the opportunity to support the ongoing operations of the Risk function with respect to risk monitoring, assessment and reporting and to provide support in relation to the management of market and liquidity risks, daily reporting and analysis and having day to day responsibility for the production and preparation of reports, M.I. and analysis.

Working within a supportive team, you will deliver monthly reporting in relation to various committees and working groups whilst ensuring accurate data is provided in a timely manner and to a high consistent standard.

Your responsibilities will include…

• Supporting production of internal Management Information, Daily, Weekly and monthly reporting.
• Supporting continuous improvement of Working Groups and ALCO MI.
• Ad hoc risk analysis.
• Supporting the processes for identifying and evaluating regulatory developments, market trends, and industry practice and be involved in the resulting initiatives.
• Undertaking 2nd line oversight and challenge of applicable regulatory reports.
• Supporting the Manager in the key regulatory deliverables of a market and liquidity risk nature, e.g ICAAP, ILAAP and associated Pillar 2a analysis.

What's in it for you?

We offer a base salary of £38,000-£43,000 dependent on experience and location and a competitive benefits package including:

• Enhanced family-focused benefits
• Hybrid-working (3 days per week from home, 2 days in the office)
• Annual bonus opportunity

Please use this link to see the fantastic benefits available at OSB: OSB Careers

This role is a full-time position, however we are open to a conversation around flexibility on the working hours per week.

About us:

At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become 'the bank of the future'.

Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

Do you have the skills?

We are looking for talented individuals who have the experience and knowledge set out below:

• Demonstrable experience in managing analytically and data intensive processes is essential.
• Strong knowledge of Excel modelling, VBA or SQL/Data Concepts are required, with demonstrable skills interrogating large data sets using candidate created queries or macros is essential.
• Ability to interpret large datasets and create meaningful MI and commentary
• Excellent communication skills are essential.
• Excellent skills in terms of organisation and ability to prioritise workload are essential.

Next steps:

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

Interested? Apply now! Still considering? Hear from our team or learn more about our recruitment process: OSB Careers

We believe in a personalised and inclusive approach, ensuring the process is relevant and conversational. If you need any adjustments or support, we're here to make sure you can show your best self.

Diversity, Equity & Inclusion

Not sure if you meet all the criteria? Let us decide. Studies show that candidates from underrepresented backgrounds often feel they need to meet 100% of the criteria before applying. At OSB, we value the unique perspectives and experiences that diversity brings. We're committed to creating an inclusive space where everyone feels empowered to apply - even if you don't check every box.

We actively promote diversity at all levels, with Board-level Diversity Champions monitoring our progress. We're proud to be signatories of the Women in Finance Charter, supporting the growth of senior women in our sector. Our commitment extends to treating all employees and applicants equitably, ensuring fairness and respect for all."

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