Prudential Risk Specialist
- Type: Permanent
- Location: England - Midlands
- Industry: Financial Services - Banking
- Specialism: Risk Oversight
- Salary: Circa £70,000
- Date Posted: 11/03/2024
- Consultant: Andrew Clark
Leading and reputable financial product provider with a sizeable balance sheet is building out its Prudential Risk team.
Role Description
- As a trusted advisor to the 1st line of defence, the teams’ main objective is to enable the business to make effective risk-based decisions, considering the prudential regulatory framework and underpinned by robust controls and governance. The role holder is expected to take a lead role in performing 2nd line oversight of capital risk and presenting results to Senior Management and/or Executives as appropriate.
Role Requirements
- Experience of leading or supporting 2nd lines assessment of the ICAAP
- Ability to review and write papers for committees such as Capital Management Committee and ALCO
- Ability to provide independent oversight and challenge capital reporting
- Communication skills enabling you to work with the business to ensure efficient and risk-based deployment of capital resources and funding structures
- Understanding of the fundamentals of conducting an annual capital risk appetite setting exercise, the calibration and selection of capital adequacy related limits and early-warning-indicators (EWIs) and capital policy
- Experience in developing or providing oversight of a Recovery and Resolution Plan