Capital Risk Manager

HANDELSBANKEN PLC; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading bank seeks a Capital Risk Manager for its Financial Risk team in London. The role involves oversight of capital risks and collaboration with various teams to ensure compliance with regulatory standards. Ideal candidates will have extensive knowledge of banking regulations and demonstrate strong analysis and communication skills.

Benefits

Private medical insurance

Income protection and life assurance

Competitive salary

Market-leading pension contribution of 15%

Qualifications

• Experience with capital management regulatory requirements.
• Ability to work independently and drive change.
• Proactive attitude and team collaboration skills.

Responsibilities

• Review and challenge capital and balance sheet management.
• Oversight of regulatory reporting and compliance.
• Provide insights into capital risk drivers.

Skills

Knowledge of European and UK banking regulation

Understanding of ICAAP processes

Experience in preparing high quality analysis

Excellent organisational skills

Communication skills in English

Job description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Job Introduction

The Financial Risk team is the second line responsible for oversight of effective management of funding and liquidity, capital and market risks of Handelsbanken Plc, as well as overseeing Prudential risk.

This is an excellent opportunity to join and develop your financial risk analytics capabilities within the broader UK Risk function. The breadth of the deliverables and the fact that processes, modelling- and analytical capabilities are continuously being developed and improved demands a flexible and collaborative approach from team members to ensure solid team performance in cooperation with the business.

The Capital Risk Manager is required to be self-motivated, have the natural ability to cooperate effectively across multiple teams and to manage workloads capably. This position provisionally reports into the Head of Financial Risk and will be based in our London Head Office.

The Capital Risk Manager is responsible for 2nd line oversight, management and review of capital risks. They work closely with other groups within UK Risk and is supported by a shared pool of Financial Risk Analysts.

Main Responsibilities

• Effective review and challenge of the first line of defence for capital and balance sheet management.
• 2 nd line review and challenge of: ICAAP and related processes, Basel 3.1 adoption and regulatory self-assessments
• Being knowledgeable of current and changing applicable regulatory expectations and requirements, provide guidance on points of interpretation and participating in industry advocacy as required.
• Oversight of 2 nd line review and challenge of capital regulatory returns, including COREP and FINREP
• Oversight of the Regulatory Reporting Policy and review & assessment of its embedment across first and second lines
• Create analysis and insight into capital risk drivers and communicate these with a wide range of stakeholders.
• Support review and challenge of Annual Reports, Pillar 3 disclosures and Recovery and Resolution deliverables
• Support safeguarding of the Bank's Risk Tolerance for capital measures
• Participate and present at applicable governance fora as required.
• Support broader Financial Risk projects as required.

Ideal Candidate

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying...

• Have strong knowledge of European and UK banking regulation with respect to capital management, including Regulatory Reporting requirements.
• Have experience and understanding of ICAAP processes.
• Have an understanding of Risk Frameworks and approaches.
• Be experienced in preparing high quality analysis and presenting to senior stakeholders.
• Be able to work on their own initiative and enjoy the responsibility of delivering outcomes.
• Be proactive and evidence a strong ability to drive change.
• Excellent organisational, interpersonal and communication skills in both written and spoken English.

Company Information

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.

Check our Handelsbanken website for further information

At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.

What is in it for you?

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Application next steps

Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.

How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process - just let us know by email [e-mail] .

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

#LI-JT1 #LI-Hybrid