Basel Iv Risk Assurance Vp | Contract | Glasgow

Deloitte - Recruitment; Glasgow; Hybrid; GBP 120,000 - 150,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Deloitte Talent Solutions seeks a highly experienced Basel IV Risk Assurance VP for a Glasgow-based contract role, working office-based 2-3 days per week with some remote flexibility. The role supports Basel 3.1 implementation across capital, market, credit and regulatory reporting, providing second line of defence oversight and independent assurance.

You will lead reviews of regulatory compliance, design governance across Finance, Operations and Technology, and communicate findings to senior

Qualifications

• Experience in Operational Risk, Regulatory Risk, Internal Audit or Regulatory Reporting in large financial institutions or professional services.
• Strong understanding of Basel frameworks and Basel 3.1 regulatory capital requirements.
• Ability to review regulatory compliance and challenge 1LoD/2LoD interpretations with sound judgement.

Responsibilities

• Lead independent reviews of regulatory compliance and regulatory reporting processes.
• Provide 2LoD oversight and challenge across design, implementation and governance.
• Communicate findings, risk assessments and issue remediation to senior management.

Skills

Operational Risk

Regulatory Risk

Internal Audit

Regulatory Reporting

Compliance

Risk Oversight

Job description

Contract Role: Basel IV Risk Assurance VP

Contract Location: Glasgow, office based 2-3 days per week, the rest remote

Contract Start: ASAP

Contract Duration: Full time role (Monday to Friday) to the end of 2026 (inside IR35)

Deloitte Talent Solutions are seeking a highly experienced Basel IV Risk Assurance VP.

As part of the banks implementation of the revised PRA Basel 3.1 requirements, effective from 1 January 2027, significant changes are being delivered across across regulatory capital, market risk, counterparty credit risk, credit risk and associated regulatory reporting frameworks. Given the scale, complexity and importance of this regulatory programme, Management has approved a temporary increase in Operational Risk capacity to provide independent Second Line of Defence (2LoD) oversight and challenge across the design, implementation and embedding of Basel 3.1 requirements to strengthen assurance coverage over the implementation.

The Operational risk VP role will support the development and execution of Operational Risk oversight activities to assess compliance with applicable laws, rules and regulations (LRRs), challenge First Line interpretations and implementation of regulatory requirements, and provide independent assurance over key regulatory reporting and calculation processes. This will involve conducting independent reviews of regulatory compliance, operational readiness, implementation risks, programme governance, risk management activities, issue remediation and control effectiveness across Finance, Operations, Technology, Legal, Risk and Business teams

Required experience:

• For Operational risk role resources should have proven experience within Operational Risk, Regulatory Risk, Internal Audit, Regulatory Reporting, Compliance, or risk oversight functions within a major financial institution, prudential regulator, or professional services firm.
  
• Strong technical understanding of Basel frameworks, prudential regulation and external regulatory reporting is highly desirable, particularly in relation to Basel 3.1 implementation and regulatory capital requirements.
  
• Required skills include independent review and challenge of regulatory compliance, together with a demonstrated ability to apply sound judgement in the interpretation, assessment and challenge of complex regulatory requirements and their implementation.
  
• Strong understanding of risk management principles, control design and effectiveness assessment methodologies, issue remediation practices and governance frameworks.
  
• Candidates should have a track record of producing high-quality findings, risk assessments, 2LoD oversight memoranda and evidence packs suitable for internal and external review, including the ability to clearly articulate technical and regulatory matters to a broad range of audiences, including senior management and governance forums.
  
• Strong stakeholder management, communication and organisational skills are essential, with the ability to engage effectively with senior stakeholders across different divisions and business areas, provide credible and robust challenge to 1LoD risk management activities, and influence the delivery of sustainable risk and regulatory outcomes.
  

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Requirements
Risk Assurance, Basel 3.1, Operational Risk, 2LOD, Second line of defence

Basel IV Risk Assurance VP | Contract | Glasgow Glasgow, GLG, gb