Prudential Risk Oversight SVP

Michael Page (UK); City Of London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading banking recruitment firm is seeking a Senior Vice President for Prudential Risk Oversight in London. This role involves overseeing the bank's prudential risk framework, engaging with regulators, and requires a minimum of 7 years' experience in UK banking. The successful candidate will possess strong analytical skills and relevant qualifications. The position offers a competitive salary starting at £120,000 annually.

Benefits

Competitive salary

Permanent position

Qualifications

• Minimum 7 years' experience in UK banking, particularly in prudential risk.
• Strong technical and analytical skills.
• Degree-qualified in a relevant field; certifications like FRM or CFA are a plus.

Responsibilities

• Lead oversight of the Group's prudential risk framework.
• Collaborate with Finance, Treasury, and Risk teams.
• Engage with regulators on prudential matters.

Skills

Prudential risk analysis

Regulatory engagement

Market risk understanding

Analytical skills

Capital and liquidity management

Education

Degree in Finance, Economics, or Risk Management

Job description

• Excellent role, to lead on Prudential Risk Oversight.
• Senior role in Prudential Risk, Banking , London

About Our Client

Banking group, based in London. Market leader in FX and cross border payments globally. This role is a SVP level, reporting directly to CRO.

Job Description

This Prudential Risk Oversight SVP is a hands on role with requirements in

• Lead the oversight and challenge of the Group's prudential risk framework, covering:
• Capital (ICAAP)
• Liquidity (ILAAP)
• Market Risk (FX and interest rate)
• Strategic Risk
• Model Risk
• Drive regulatory engagement with the PRA and FCA on prudential matters.
• Provide expert input into Recovery & Resolution Planning.
• Collaborate closely with Finance, Treasury, and Risk teams to ensure robust risk governance.
• Represent Prudential Risk at relevant committees and working groups.

The Successful Applicant

A successful Head of Prudential Risk Oversight SVP should have:

Minimum 7 years' experience working within a UK bank, supporting Treasury and prudential risk management activities, ideally in a second line of defence capacity.

Strong technical and analytical skills across prudential and financial risk, with the ability to:

Analyse prudential risks and provide clear, written assessments.

Understand and evaluate appropriate risk controls.

Deliver second line oversight and constructive challenge across capital, liquidity, market, strategic, and model risks.

Proven experience in reviewing and supporting the development of ICAAP, ILAAP, and Recovery & Resolution documents.

Deep understanding of prudential regulation issued by the PRA, including:

• Capital and liquidity requirements
• Market and interest rate risk
• The PRA's Supervisory Framework
• Broader regulatory regimes as applicable
• Detailed knowledge of CRD/CRR regulation, with awareness of Basel and EBA regulatory frameworks.

Experience engaging with regulators and senior stakeholders in a wholesale banking context.

Exposure to international banking and payment services is advantageous.

Degree-qualified in a relevant field (e.g. Finance, Economics, Risk Management); professional certifications (e.g. FRM, CFA) are a plus.

Willingness to work onsite 4 days per week in a collaborative, fast-paced environment.

What's on Offer

• Competitive salary from £120,000
• Permanent position within the Financial Services industry.

Take the next step in your career by applying for this Prudential Risk role. We look forward to hearing from talented professionals who are ready to make an impact in this exciting position