Prudential Regulation Lead

TN United Kingdom; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dedicated professional to oversee prudential regulatory reporting and compliance with evolving regulations. This role involves collaborating with various departments to ensure effective risk management strategies are in place, while providing expert guidance on prudential risk areas. The ideal candidate will possess strong analytical skills and a deep understanding of regulatory requirements, enabling them to drive improvements in processes and procedures. Join a dynamic team where your expertise will contribute significantly to the bank's regulatory framework and operational success.

Qualifications

• Proven track record in prudential regulatory reporting for regulated institutions.
• In-depth knowledge of Basel III and UK banking regulations.

Responsibilities

• Monitor compliance with Prudential rule changes and regulatory reporting.
• Develop and implement risk management strategies aligned with regulations.

Skills

Prudential Regulatory Reporting

Risk Management Tools

Data Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor's Degree in Finance or Related Field

Tools

Risk Management Frameworks

Job description

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• Responsible for monitoring and ensuring compliance with Prudential rule changes (e.g. Basel 3.1, horizon scanning) and the creation of the ICAAP, recovery and resolution plan, ILAAP, LCP and regulatory reporting oversight
• Responsible for coordinating the CRR/PRA rulebook and related regulation self-assessment exercise, supporting the bank with relevant regulatory interpretations and presenting at the Accounting Policy & Regulatory Reporting Committee
• Develop and implement prudential risk management strategies in alignment with regulatory requirements and in industry best practices, working closely with the Finance, Treasury and Risk departments to support all prudential aspects of capital liquidity planning and reporting
• Provide subject matter expertise on prudential risk areas such as credit risk, market risk, liquidity risk and operational risk, maintaining policies and procedures to support the prudential regulatory control framework and help ensure the smooth running of the bank’s prudential regulatory reporting function

Role Requirements

• Proven track record of delivering prudential regulatory reporting (ICAAP, ILAAP, LCP and Recovery Plan) for a regulated banking or credit institution
• In-depth knowledge of regulatory requirements and guidelines related to prudential risk management (Basel III)
• Proficiency in risk management tools and frameworks
• Strong knowledge of UK and European banking regulation and a keen interest in emerging regulatory developments
• Excellent written and verbal communication skills and the ability to pay attention to detail
• Excellent data analytical and problem-solving skills
• Willingness to challenge and improve processes and procedures
• Comfortable working to your own initiative and juggling multiple, conflicting priorities