Financial Regulatory Liaison Expert
1 day ago
About the Role
">The Prudential Regulatory Liaison and Horizon Scanning Specialist role within the Coventry Building Society will play a key part in managing our relationship with regulatory bodies, such as the PRA and Bank of England. This position involves preparing briefings for Senior Management, the Executive, and the Board prior to regulatory interactions, including the annual Periodic Summary Meeting (PSM) and regular updates with the supervisory team.
You will also assist our technical specialists in preparing for key regulatory reviews like L-SREP and C-SREP. As a result, there is an expectation that you will have some understanding of the prudential regulatory regime.
This role supports the wider society in meeting the expectations and requirements of regulatory bodies and proactively identifying and managing regulatory risks. Additionally, you'll lead efforts in monitoring UK regulatory developments, communicating these to relevant business areas. You'll also assist in responding to Consultation Papers on regulatory changes and tracking compliance with Policy and Supervisory Statements.
Our Team
">The Financial and Model (FaM) Risk Team, which is part of the society's 2nd line of defence, reports into the Chief Risk Officer. FaM are a trusted advisor and critical friend to 1st line teams. Our key purpose is to enable the business to make effective risk-based decisions, considering the prudential regulatory framework and underpinned by robust controls and governance.
About You
">We're looking for an individual with proven experience in the financial services industry, with substantial exposure to regulatory bodies such as the PRA and Bank of England. The ability to engage and communicate effectively with senior management, particularly in high-stakes regulatory contexts and visits, is essential.
Able to demonstrate commercial awareness with the ability to balance regulatory compliance and business priorities. Plus, expertise in horizon scanning, with a track record of identifying regulatory impacts, communicating insights, and tracking compliance progress.
Salary and Benefits
">The estimated salary range for this role is £45,000 - £60,000 per annum, depending on experience. We also offer a range of benefits, including 28 days holiday a year plus bank holidays and a holiday buy/sell scheme, annual discretionary bonus scheme, personal pension with matched contributions, life assurance (6 times annual salary), retail discount scheme, and hybrid working.
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