189 Risk Analyst jobs in London

About Us:

Zenith Bank (UK) Limited (ZBUK) is a subsidiary of Zenith Bank PLC, the most profitable bank in Nigeria with an established trajectory of superlative performance, as well a strong pedigree of innovation, resilience, and market dominance. On an annual basis, Zenith Bank PLC amasses a string of notable awards; one of the most recent being listed as the sole Nigerian brand on the World’s top 100 companies in 2023 by the World Finance Magazine.

Zenith Bank (UK) Limited (ZBUK) was set up with a clear strategy to leverage trade and investment flows between Nigeria and Europe, by providing intermediary banking services and facilities for trade-related working capital and capital expenditure.

Zenith Bank recognizes the importance of leveraging a highly skilled workforce to achieve its strategic and operational goals. The bank is committed to providing an environment that is conducive for effective performance by availing all staff the necessary learning opportunity. We value the well-being of our staff and we encourage them to strike a balance between their work and personal lives, thereby creating a healthy atmosphere for personal development and career success.

With the introduction of new services here in the UK and our unparalleled knowledge of business with Africa, our 5 year strategy ensures “Controlled Growth” as we aim to become the Bank of choice for businesses wishing to transact in the African continent.

Role Overview:

Market Risk is a 2nd Line of Defence function primarily tasked with active monitoring of the banks risk portfolios to identify, monitor, and escalate (where necessary) risks and control findings effectively, to enable timely decision making by the CRO and wider ZBUK executive. Oversight extends to infrastructure, user activity and controls, compliance with Bank Risk Appetite and associated policy / project development to support the successful delivery of wider Risk projects and other regulatory publications / requirements.

Role Responsibilities:

Identification

• For agreed risks (split by asset class, risk policy or otherwise) develop a detailed understanding of the risks, maintain on an ongoing basis an up-to-date situational awareness of the risks.

Monitoring

• Actively monitor markets to assess the potential impact of market movements and wider economic activity on the bank’s portfolio of proprietary and client-based FX, trading, and banking book products.
• Monitor limits for the Trading and Non-Trading portfolios in accordance with ZBUK’s policies approved by the Board Risk Committee.
• Report on breaches of risk management policies, limits and / or controls.
• Produce daily market risk reporting and other ad hoc reporting for senior management, Treasury, and the Board.
• Present reports in a constructive, insightful, and effective way to ensure developing risks, issues and opportunities are easily understood for decision making purposes.
• Participate in the development of systems to assist in the evaluation and analysis of risk information.
• Work with a high degree of accuracy to ensure no restatement or reworking of positions / reports is required.
• To work closely with the CRO, and the wider Risk team in enhancing and implementing new MI reports for Market & Liquidity Risk for the identification, collection, and analysis of risk information. Enhancement and automation of risk reports and tools with Excel functions and Python
• Maintaining and updating internal procedures, RCSAs and process flows

Escalation

• Providing on a weekly basis Market Risk reports to the Market Risk Committee and the Asset and Liability Committee.
• Delivering management information efficiently and in a timely manner.
• Be aware of and ensure compliance at all times with all applicable legal and regulatory requirements.

Additional Responsibilities

• Keep up to date with industry best practice and regulatory developments where this affects the risk management of the organisation.
• Update regulatory documents and models to support the Manger of Market and Operational Risk.
• Be a self-starter with a proactive approach towards self-development and broadening skills set.
• Develop tools to effectively and independently validate daily reports from Finance on liquidity and capital.
• Support and contribute to wider Risk projects and objectives as reliable and conscientious team player.

Together with the duties listed above the Market Risk Analyst is required to assist with other analytical and project work and ad hoc duties assigned by the CRO and comply with the FCA/PRA’s Individual Conduct Rules, as outlined below.

Skills and Knowledge Required:

• At least 3-5 years’ experience in Market Risk.
• Degree in a numerical / financial discipline.
• Sound understanding of derivative and foreign exchange trading.
• Driven, ambitious, self-starter who can grasp a concept quickly and deliver a reasoned investigation and analysis.
• Attention to detail, to pick up on errors and produce accurate work, grasping of the reasons for a strong control environment and operating with this mentality.
• Knowledge of Basel II, Basel III, Risk and Capital requirements.
• Knowledge of Regulatory practices within Risk and Finance in financial services.
• Positive and approachable team player, effective and supportive in working with colleagues at all levels.
• Understanding of VaR and other measures of market exposures and accounting knowledge.
• Project management experience desirable.

Software Knowledge:

• Strong IT skills, Microsoft Office package MS Excel Advanced (Essential) Python (Essential) VBA (Desired).
• MS Word and MS Outlook.
• Experience with Bloomberg an advantage, Temenos (T24).
• Calypso (Advantageous).

Specific Product knowledge required:

• Essential: Interest Rate Futures, Foreign Exchange, Interest Rate Swaps, Bonds and NDFs.
• Desired: Wholesale Money Market and Trade Finance Products.
• Desired: Awareness of Liquidity regulatory requirements.

This is a permanent position, paying up to £70,000 based on experience.

The Pepperstone story started in 2010. We know what it’s like to trade the world’s markets. Our team describes us as a place for the curious and the driven, and we like to do things a little differently; as a transformative global fintech, we’re digital, nimble, connected, and united in our vision to create a better way to trade.

We thrive on progress – for our clients and for ourselves. Our organisational culture is ever-evolving, vibrant, diverse, global, and results-focused.

You’ll find our 550+ team currently across 11 locations and 9 time zones.

The Role

The Market Risk Analyst - Dealer role exists to ensure Pepperstone’s market risk is monitored and controlled to the best of our ability.

Based on a solid understanding and knowledge of financial markets and the CFD industry, the Market Risk Analyst has discretion within agreed boundaries, ensuring Pepperstone remains agile and responsive in the face of rapidly changing market conditions.

As our Market Risk Analyst, your key responsibilities will include:

• Proactively monitor market risk exposure across asset classes to ensure we maintain value at risk and exposure limits
• Actively minimise group market risk through the trading of financial instruments and escalate as required
• Proactively analyse flow across several asset classes and ensure that flow is monetised effectively
• Engage and contribute to ongoing Market Risk and Trading Operations projects relating to electronic trading infrastructure
• Liaise with prime brokers and liquidity providers to maintain and enhance operations as required
• Execute and manage the continuous rolling of spot FX and metals positions past settlement dates with the prime broker
• Support the efficient operations of our client trading environments, technical performance of the liquidity providers and trading infrastructure
• Prepare reports/analysis as required by your immediate manager and/or senior management
• Effectively consult and communicate with internal and external stakeholders such as Operations, Customer Services, Sales, Marketing, and Compliance
• Provide input to trading product roadmaps for the Pepperstone group
• Work collaboratively with others across multiple channels and teams to foster a collaborative culture and help mentor and support team members
• Support internal Enterprise Risk & Compliance teams as appropriate
• Ensure compliance with key regulatory obligations
• Work across time zones, flexibly as required

About you

• Solid market risk and trading experience within a reputable FX/CFDs Broker
• Relevant certifications in Business or Finance
• Exceptional understanding of market risk management processes and dealing systems
• Exceptional understanding of maintaining, monitoring, and administering trading platforms (MT4/MT5), trading infrastructure, and bridge technologies
• Highly numerate, with the ability to clearly articulate data-driven business insights
• Excellent communication skills, both written and verbal
• Ability to translate complex trading language and concepts into plain English
• Ability to adapt to ongoing change in a fast-paced and, at times, demanding environment
• Ability to highlight market risk issues accurately and in a timely manner
• Ability to meet deadlines, make independent decisions, and utilise sound judgement
• Ability to role model Pepperstone’s values
• Ability to work across other time zones as required
• Demonstrated commitment to quality and continuous improvement

Why you will enjoy working with us

• Competitive salary structure including company bonus scheme 

• Annual remuneration review 

• Employee referral bonuses for referring top talent to the company 

• Genuinely collaborative and friendly culture 

• Flexible and hybrid working 

• Remote working option - work from anywhere for up to 6 weeks per year 

• Ongoing personal development & learning opportunities 

• 3 paid volunteering days per year & Workplace Giving Program 

• 10 days of Company paid sick leave annually 

• 25 days of paid vacation annually 

• Employee monthly & quarterly recognition programs for outstanding performance and achievements 

• Frequent events and celebrations 

• Pension fund 

• Employee Assistance Program & Wellbeing 

• Comprehensive medical group insurance & gym discount for those who choose to enroll in medical insurance  

• Cycle to Work Scheme 

More About Pepperstone  

We’re a regulated online Forex and CFD trading platform. With the scale of a global fintech and the agility of a start-up, we arm our clients with everything they need to take on the global markets with confidence. You will be part of a wider passionate and friendly team, and whilst things may not always go to plan, we learn quickly and move forward with impact. To learn even more visit Pepperstonecareers and  

We understand it’s important to do due diligence on a prospective employer, see what our team are saying on Glassdoor . We respect our team members’ experiences and will never pay to remove a negative review. 

Pepperstone is an equal opportunity employer. We are passionate about building a diverse workplace and strongly encourage applications from any background. 

“We are a 2025 Circle Back Initiative Employer – we respond to every applicant”. 

We will be reviewing applications as they come through, so if this is an opportunity that excites you, don't wait. Express your interest by clicking the apply button below as soon as possible. 

Note to external agencies: While we appreciate the efforts of external recruitment agencies, we prefer to engage directly with applicants for this opportunity. 

#Li-Hybrid 

It is essential that all applicants have experience with market risk measurement methodologies for a Bank in the UK for at least 3 years. Sponsorship will not be available for this position, therefore 3+ years on visa eligibility to work in UK is essential.

Our Client is looking for a Senior Market Risk Analyst to join their small team on a permanent basis. This position is full time in office, 5 days per week.

The successful candidate will be responsible for monitoring market risk exposures and the relevant reporting. Additional responsibilities would be to provide solutions in improving the risk exposure metrics and monitoring and reporting processes.

Key Responsibilities (but not limited to):

• To ensure that market risk exposures are accurately reported in accordance with Market Risk policy to the senior management, the business areas and other support areas as required, and to monitor on a daily basis the adherence to approved market risk limits.
li>To assist in maintaining and improving the risk infrastructure: to improve reporting as required and to contribute to projects through documenting user requirements and UAT.
• To assist in improving the methodology for accurately calculating market risk exposures from new and existing products and business, including portfolio market risk measures along with an appropriate back-testing framework.
• To perform stress testing and qualitative risk assessments of different business units and implement appropriate scenarios for market risk stress testing.
• To monitor news and other market information that indicates material changes in the assessment of market risks, and to inform the relevant Business Areas in a timely manner.
• To provide support, advice and assistance to all Business Areas on all market risk and valuation-related matters, including structuring of prospective transactions to mitigate market risk appropriately and to maximize earnings whilst minimizing risk.
• To assist the in liaising with Head Office regarding market risk and other risk related matters.
• To assist on country risk management and counterparty credit risk related matters.
• To assist with the internal and external auditors as required.
• To act as the administrator of relevant risk and trading systems.
• Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses.
• Responsibility for the provision of policy, tools, techniques and support to enable conduct and compliance risk to be managed in the first line. Conduct monitoring and reporting to assess the design and effectiveness of first line controls and ensure consistency of definitions and measurement of conduct risk. To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework and collaborate with the First Line of Defence to implement and embed changes.

Skills, Experience and Qualifications:

• Educated to degree in numerate/financial/accounting discipline and/or appropriate professional qualification level.
• Extensive knowledge of market risk measurement methodologies and advanced market risk management principles and techniques, and experience of implementing them effectively in a banking environment.
• An in-depth knowledge of a broad range of wholesale banking and treasury products, including options, and a strong understanding of their valuation; a good understanding of complex derivative/structured products’ risk and valuation would be advantageous.
< i>A good understanding of the PRA regulatory framework and of capital management requirements.
• A good understanding of country risk management and counterparty credit risk.
• Proficiency for making rapid evaluations of breaking news situations and judgments.

Senior Market Risk Analyst - London (Mandarin Speaker)
Location: London
Salary: 60,000 65,000 + Benefits
Job Type: Permanent, Full-Time
Recruitment Agency Opportunity - Client Confidential
Are you a skilled market risk professional seeking a dynamic role within a global banking environment? We are working on behalf of a leading international financial institution to recruit a Senior Market Risk Analyst for their London-based operation.
This role offers a rare opportunity to work within a fast-paced treasury and market risk environment, contributing to the risk oversight of diverse financial products and supporting key strategic decisions. You'll report directly to the Senior Market Risk Manager and play an instrumental part in enhancing the branch's market risk reporting framework and analytics capability.
Key Responsibilities

• Monitor daily market risk exposures and ensure adherence to approved risk limits.
• Support risk infrastructure improvement and reporting enhancements.
• Contribute to risk model development including VaR and stress testing.
• Conduct qualitative and quantitative analysis on market, country, and counterparty credit risk.
• Liaise with internal stakeholders and support audit, regulatory, and reporting activities.
• Provide risk insights on structured transactions and valuations.
• Act as administrator for key risk and trading systems.

About You

• Educated to degree level in a quantitative, finance or accounting discipline.
• Strong experience in market risk within wholesale banking or treasury.
• Deep understanding of financial instruments including derivatives and structured products.
• Proficient in Excel; VBA and Bloomberg skills are highly desirable.
• Bilingual in English and Mandarin (spoken and written).
• Strong problem-solving skills, attention to detail, and team collaboration mindset.

Why Apply?

• Work in a high-impact role within an international banking group.
• Gain exposure to a wide range of products and risk types.
• Join a collaborative and culturally diverse team.
• Be at the forefront of market risk analytics and strategy.

Apply now to learn more about this exciting opportunity.
.

It is essential that all applicants have experience with market risk measurement methodologies for a Bank in the UK for at least 3 years. Sponsorship will not be available for this position, therefore 3+ years on visa eligibility to work in UK is essential.

Our Client is looking for a Senior Market Risk Analyst to join their small team on a permanent basis. This position is full time in office, 5 days per week.

The successful candidate will be responsible for monitoring market risk exposures and the relevant reporting. Additional responsibilities would be to provide solutions in improving the risk exposure metrics and monitoring and reporting processes.

Key Responsibilities (but not limited to):

• To ensure that market risk exposures are accurately reported in accordance with Market Risk policy to the senior management, the business areas and other support areas as required, and to monitor on a daily basis the adherence to approved market risk limits.
li>To assist in maintaining and improving the risk infrastructure: to improve reporting as required and to contribute to projects through documenting user requirements and UAT.
• To assist in improving the methodology for accurately calculating market risk exposures from new and existing products and business, including portfolio market risk measures along with an appropriate back-testing framework.
• To perform stress testing and qualitative risk assessments of different business units and implement appropriate scenarios for market risk stress testing.
• To monitor news and other market information that indicates material changes in the assessment of market risks, and to inform the relevant Business Areas in a timely manner.
• To provide support, advice and assistance to all Business Areas on all market risk and valuation-related matters, including structuring of prospective transactions to mitigate market risk appropriately and to maximize earnings whilst minimizing risk.
• To assist the in liaising with Head Office regarding market risk and other risk related matters.
• To assist on country risk management and counterparty credit risk related matters.
• To assist with the internal and external auditors as required.
• To act as the administrator of relevant risk and trading systems.
• Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses.
• Responsibility for the provision of policy, tools, techniques and support to enable conduct and compliance risk to be managed in the first line. Conduct monitoring and reporting to assess the design and effectiveness of first line controls and ensure consistency of definitions and measurement of conduct risk. To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework and collaborate with the First Line of Defence to implement and embed changes.

Skills, Experience and Qualifications:

• Educated to degree in numerate/financial/accounting discipline and/or appropriate professional qualification level.
• Extensive knowledge of market risk measurement methodologies and advanced market risk management principles and techniques, and experience of implementing them effectively in a banking environment.
• An in-depth knowledge of a broad range of wholesale banking and treasury products, including options, and a strong understanding of their valuation; a good understanding of complex derivative/structured products’ risk and valuation would be advantageous.
< i>A good understanding of the PRA regulatory framework and of capital management requirements.
• A good understanding of country risk management and counterparty credit risk.
• Proficiency for making rapid evaluations of breaking news situations and judgments.

Senior Market Risk Analyst - London (Mandarin Speaker)
Location: London
Salary: 60,000 65,000 + Benefits
Job Type: Permanent, Full-Time
Recruitment Agency Opportunity - Client Confidential
Are you a skilled market risk professional seeking a dynamic role within a global banking environment? We are working on behalf of a leading international financial institution to recruit a Senior Market Risk Analyst for their London-based operation.
This role offers a rare opportunity to work within a fast-paced treasury and market risk environment, contributing to the risk oversight of diverse financial products and supporting key strategic decisions. You'll report directly to the Senior Market Risk Manager and play an instrumental part in enhancing the branch's market risk reporting framework and analytics capability.
Key Responsibilities

• Monitor daily market risk exposures and ensure adherence to approved risk limits.
• Support risk infrastructure improvement and reporting enhancements.
• Contribute to risk model development including VaR and stress testing.
• Conduct qualitative and quantitative analysis on market, country, and counterparty credit risk.
• Liaise with internal stakeholders and support audit, regulatory, and reporting activities.
• Provide risk insights on structured transactions and valuations.
• Act as administrator for key risk and trading systems.

About You

• Educated to degree level in a quantitative, finance or accounting discipline.
• Strong experience in market risk within wholesale banking or treasury.
• Deep understanding of financial instruments including derivatives and structured products.
• Proficient in Excel; VBA and Bloomberg skills are highly desirable.
• Bilingual in English and Mandarin (spoken and written).
• Strong problem-solving skills, attention to detail, and team collaboration mindset.

Why Apply?

• Work in a high-impact role within an international banking group.
• Gain exposure to a wide range of products and risk types.
• Join a collaborative and culturally diverse team.
• Be at the forefront of market risk analytics and strategy.

Apply now to learn more about this exciting opportunity.
.

Are you an experienced Market Risk professional ready to take the next step in your career? This is a unique opportunity to join a high-energy treasury and market risk team at the heart of international banking. You will play a pivotal role in shaping the branch’s market risk oversight, gaining exposure to a wide spectrum of financial products while supporting strategic decision-making at senior levels. Working closely with the Senior Market Risk Manager, you will be instrumental in strengthening the branch’s risk reporting framework, driving forward analytics capability, and ensuring best-in-class risk management practices.

Title: Senior Market Risk Analyst – London (Mandarin Speaker)

Location: London

Salary: upto £65,000 + Benefits

Job Type: Permanent, Full-Time

Key Responsibilities:

• Monitor and report market risk exposures in alignment with the Branch’s Market Risk policy, ensuring daily adherence to approved limits.
• Support the enhancement of risk infrastructure, including improving reporting capabilities and participating in projects through user requirement documentation and UAT.
• Assist in refining methodologies for calculating market risk exposures, including VaR and back-testing frameworks.
• Conduct stress testing and qualitative risk assessments across business units, implementing scenario analyses as needed.
• Track market news and events impacting risk assessments and communicate insights to senior management and business areas promptly.
• Provide expert advice on market risk and valuation matters, supporting business areas in structuring transactions to optimize risk-return outcomes.
• Liaise with Head Office on market risk and other risk-related topics.
• Support country risk and counterparty credit risk management activities.
• Collaborate with internal and external auditors as required.
• Administer risk and trading systems.
• Escalate material risk events, including conduct risk and conflicts of interest.
• Ensure compliance with regulatory requirements and contribute to the continuous improvement of risk frameworks.

Qualifications and Skills:

• Bachelor’s degree or higher in a numerate, financial, or accounting discipline; professional qualifications are advantageous.
• Extensive knowledge of market risk measurement methodologies and advanced risk management techniques.
• In-depth understanding of wholesale banking and treasury products (e.g., options); experience with complex derivatives/structured products is preferred.
• Familiarity with PRA regulatory frameworks and capital management requirements is a plus.
• Knowledge of country risk and counterparty credit risk is desirable.
• Excellent communication skills in English and Mandarin (both written and verbal).
• Strong analytical and problem-solving abilities, with the capacity to make swift judgments in fast-paced environments.
• Team-oriented with the ability to collaborate effectively while maintaining independence.
• Proactive, responsible, and self-motivated.
• Advanced proficiency in Excel; experience with VBA and Bloomberg is highly advantageous