Prudential Risk Manager

Job purpose summary

A diverse role providing the opportunity to work across the full breadth of prudential rules and regulation that relate to the Bank. Overall, the role will be responsible for supporting on second line of defence prudential risk activities that strengthen risk management and resilience to support continued sustainable growth and regulatory compliance. The role holder will be a knowledgeable subject matter resource in respect of prudential matters, providing guidance to 2nd and 1st line colleagues on existing and new regulatory rules and requirements.

Key role specific responsibilities

Recognised as a subject matter expert in your area, you will be expected to support the Prudential Risk Senior Manager, the wider 2nd line team with prudential risk knowledge, and 1st line teams to enable the Bank to implement and operate within prudential requirements. This job will keep you thinking; your work will be varied and technically demanding.

You will be responsible for:

•Providing prudential regulatory oversight, challenge and advice in line with regulatory best practice on items such as interest rate risk in the banking book, market risk, liquidity risk, capital risk and model risk management.

•Developing relationships within the business and assisting in the shaping and raising the profile of Risk, promoting best practice on prudential risk and continuous improvement.

•Supporting in the review and challenge of key regulatory documents such as ICAAP, ILAAP, Recovery Plan and Solvent Exit Analysis

•Supporting the Prudential Risk Senior Manager in the delivery of 2LOD risk reporting

•Maintaining an up-to-date understanding applicable prudential regulations and working with 1st line to maintain and evolve risk management approaches and management information to support compliance with the prudential landscape.

•Working with colleagues from across the Bank to support in the delivery of a consistent and robust approach regulatory changes.

•Assisting the Risk Team in implementing standards and policies in line with the Group's Risk Management Framework.

•Maintaining awareness of key business activities and emerging risks, identifying areas where further second line of oversight / activity may be required.

•Attending risk and governance committees as required.

•Maintaining relevant GRC systems-based records in an accurate and timely manner.

•Performing activities as delegated by the Prudential Risk Senior Manager.

You should be comfortable working on a wide range of projects in a dynamic environment, and be comfortable providing an opinion, and demonstrating best practice, supported as appropriate by regulatory evidence.

Expectations of the role include:

Proven prudential regulatory experience.

Experience of providing prudential regulatory advice across prudential regulation applicable to the Bank.

Have detailed knowledge/experience of the relevant regulatory requirements, and the ability to interpret what that means for the Bank.

Comfortable working independently and as part of a team, and willing to form and provide an opinion based on the information available.

Key Skills & Experience

•Resilient and an ability to adapt and work in a fast-paced environment of change and ambiguity.

•Strong knowledge of UK regulatory frameworks, including FCA, PRA, and Basel 3, along with industry best practices in governance and reporting.

•Excellent written and verbal communication skills, capable of conveying complex regulatory concepts to non-specialist stakeholders.

•Detail oriented and focussed with the ability to manage multiple competing priorities and stakeholders.

•Relevant experience within an FS business and second line function, ideally within a Risk and/or Compliance team. However, experience in Internal Audit would be considered.

•Strong skills around planning, organisation, and prioritisation.

•Advanced Microsoft Office (Excel, PowerPoint, and Word).

•Effective communication and presentation skills.

•Strong attention to detail is essential.

•Excited by the opportunity to work in a bank with a real purpose.

•High energy, enthusiastic and can-do mindset.

•Clear communicator with excellent stakeholder management skills.

•Exceptional problems solving skills.

•Confident, articulate self-starter.

Professional Qualifications

•Has experience relevant to the role.

•A strong level of knowledge of the Prudential regime relevant to the Bank

•Significant demonstrable experience in relevant roles and organisations is favourable