Prudential Risk Specialist

TN United Kingdom; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a trusted advisor for capital risk oversight. This role involves leading the 2nd line of defense, ensuring effective risk-based decisions within a robust regulatory framework. You will collaborate with senior management to present findings and provide independent oversight on capital reporting. If you have a strong background in capital risk assessment and excellent communication skills, this opportunity is perfect for you to make a significant impact in a dynamic environment.

Qualifications

• Experience in leading assessments of the ICAAP.
• Ability to review and write papers for committees.

Responsibilities

• Lead oversight of capital risk and present results to management.
• Work with business on efficient capital resource deployment.

Skills

Leadership in 2nd line assessment

Communication skills

Capital risk oversight

Independent oversight and challenge

Job description

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Role Overview

As a trusted advisor to the 1st line of defence, the teams’ main objective is to enable the business to make effective risk-based decisions, considering the prudential regulatory framework and underpinned by robust controls and governance. The role holder is expected to take a lead role in performing 2nd line oversight of capital risk and presenting results to Senior Management and/or Executives as appropriate.

Role Requirements

• Experience of leading or supporting 2nd lines assessment of the ICAAP
• Ability to review and write papers for committees such as Capital Management Committee and ALCO
• Ability to provide independent oversight and challenge capital reporting
• Communication skills enabling you to work with the business to ensure efficient and risk-based deployment of capital resources and funding structures
• Understanding of the fundamentals of conducting an annual capital risk appetite setting exercise, the calibration and selection of capital adequacy related limits and early-warning-indicators (EWIs) and capital policy
• Experience in developing or providing oversight of a Recovery and Resolution Plan