Head of Prudential Risk Oversight

Metro Bank Plc; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a dynamic banking environment as the Head of Prudential Risk Oversight, where your expertise will guide critical risk assessments and regulatory compliance. This role offers the chance to lead a motivated team, ensuring effective oversight of Prudential Statements while collaborating with senior committees. With a commitment to professional growth and a balanced work-life approach, this forward-thinking bank values responsibility and integrity. Enjoy a competitive salary, discretionary bonuses, and a range of benefits that support your career development. If you have a passion for risk management and a desire to make a significant impact, this is the opportunity for you.

Benefits

Generous holiday allowance

Attractive pension scheme

Healthcare

Life assurance

Colleague discounts

Discretionary annual bonus

Training and development opportunities

Qualifications

• Strong understanding of banking regulations and risk management practices.
• Experience in capital and liquidity reporting requirements.

Responsibilities

• Build and manage a function for Prudential Risk Oversight.
• Provide independent opinions on Prudential risk matters.

Skills

Banking regulation

Risk management

Capital & liquidity reporting

Team management

Regulatory reporting oversight

ICAAP/ILAAP best practices

Job description

What you will do:

1. As the Head of Prudential Risk Oversight you will build, manage and motivate a function to provide formal written periodic review summaries of Prudential Risk Oversight for consideration at committees including Executive & Board Risk Committees.
2. You will be responsible for effective oversight of the Prudential Statements, namely, ICAAP, ILAAP, Recovery Plan and Resolvability Assessment Framework.
3. Provide independent opinion regarding Prudential risk matters to the CRO, Executive Committee (typically via Executive Risk Committee) and Board (typically via Board Risk Committee).
4. Manage and develop 2^nd Line of Defence (2LoD) Regulatory Reporting Oversight.
5. Challenge and support Finance and Treasury teams in their progress to fulfil regulatory reporting responsibilities, feeding back directly to the relevant stakeholders as well as presenting at the relevant committees.

And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

What you will need:

1. Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders.
2. You must have a strong understanding of banking regulation.
3. Identify and interpret relevant regulations and their source.
4. Strong understanding of risk management and ICAAP/ILAAP best practice and processes.
5. In depth knowledge and experience of capital & liquidity reporting requirements.
6. Understanding of ALCO and Risk committee structure as relevant for governance of Prudential deliverables.
7. Experience of managing, influencing and coaching a team.

Our promise to you…

1. We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
2. We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!).
3. We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!