Prudential Regulatory Liaison and Business Risk Manager
9 hours ago
Job Title: Prudential Regulatory Liaison and Business Risk Manager
About UsWe are the Coventry Building Society, a leading financial institution dedicated to providing exceptional services to our customers.
Role OverviewThis role sits within the Financial and Model (FaM) Risk Team, which is part of our 2nd line of defence that reports into the Chief Risk Officer. 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.
Responsibilities- Preparing briefings for Senior Management, the Executive, and the Board ahead of regulatory interactions, such as the annual Periodic Summary Meeting (PSM) and regular updates with the supervisory team.
- Helping technical specialists prepare for key regulatory reviews like L-SREP and C-SREP.
- Supporting the wider Society in meeting the expectations and requirements of regulatory bodies and proactively identifying and managing regulatory risks.
- Leading efforts in monitoring UK regulatory developments and communicating these to relevant business areas.
- Assisting in responding to Consultation Papers on regulatory changes and tracking compliance with Policy and Supervisory Statements.
- Estimated Salary: £45,000 - £55,000 per annum, depending on experience.
- A competitive annual discretionary bonus scheme.
- A personal pension with matched contributions.
- Life assurance (6 times annual salary).
- Retail discount scheme.
- Hybrid working arrangements.
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme.
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