Risk Analyst at Bank of England, Norwich, East of England

Company Overview:
Bank of England is the central bank of the United Kingdom, responsible for maintaining monetary stability and financial stability in the country. With a rich history dating back to 1694, Bank of England plays a crucial role in setting interest rates, issuing banknotes, and regulating the financial sector to ensure a resilient and secure financial system for the UK.

Key Responsibilities for Risk Analyst:
- Conduct quantitative and qualitative analysis to assess and manage risks within the banking sector
- Develop risk models and frameworks to evaluate credit, market, liquidity, and operational risks
- Monitor key risk indicators and prepare reports for senior management
- Collaborate with internal stakeholders to identify and mitigate potential risks
- Stay updated on regulatory requirements and industry best practices related to risk management

Required Qualifications:
- Bachelor's degree in Finance, Economics, Mathematics, or a related field
- Proven experience in risk analysis within the banking or financial services industry
- Strong analytical skills with proficiency in data analysis and risk modelling
- Knowledge of risk management principles and techniques
- Understanding of regulatory frameworks such as Basel III and Solvency II

Desired Skills:
- Professional certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager)
- Experience with risk management software and tools
- Ability to communicate complex risk concepts effectively to non-technical stakeholders
- Strong problem-solving skills and attention to detail
- Team player with the ability to work collaboratively in a fast-paced environment

Compensation & Benefits:
The annual salary range for the Risk Analyst position at Bank of England in Norwich, East of England, is between £35,000 to £45,000, depending on experience and qualifications. In addition to competitive pay, Bank of England offers a comprehensive benefits package, including pension schemes, health insurance, professional development opportunities, and a supportive work environment.

How to Apply:
To apply for the Risk Analyst position at Bank of England, please submit your CV and a cover letter highlighting your relevant experience and qualifications to the HR department. Shortlisted candidates will be contacted for further assessment. Thank you for considering a career with Bank of England in contributing to the financial stability of the United Kingdom.