Deputy Chief Risk Officer

The deputy CRO is accountable for the Bank's Day to day risk management in line with the Risk Governance Framework (RGF) and the Board Approved Risk Appetite Framework (RAF) while providing oversight to the Bank's systems and controls (SYSC).

Deputy Chief Risk Officer should:

- Ensure that the data used by the firm to assess its risks are fit for purpose in terms of quality, quantity and breadth;
- Provide oversight and challenge of the firm's systems and controls in respect of risk management;
- Provide oversight and validation of the firm's external reporting of risk;
- Ensure the adequacy of risk information, risk analysis and risk training provided to members of the firm's governing body;
- Report to the firm's governing body on the firm's risk exposures relative to its risk appetite and tolerance, and the extent to which the risks inherent in any proposed business strategy and plans are consistent with the governing body's risk appetite andtolerance. The Chief Risk Officer should also alert the firm's governing body to and provide challenge on, any business strategy or plans that exceed the firm's risk appetite and tolerance; and

Responsibilities related to Business and Risk Strategy
- Guide the Board and Senior Management in the execution of their risk management responsibilities
- Provide a risk-focused viewpoint to strategic planning and other activities of the Board and Senior Management
- Study, analyse and report on risk related trends and key elements of regulation that may impact the Bank's business
- Alert the Board, and provide challenge on, any business strategy or plans that are outside the Bank's risk appetite.

Responsibilities related to Risk Assessment, Management and Control
- Maintenance of a RGF in line with the Bank's size, business model and operational complexity
- Review the Risk Management Framework, policies and procedures at least annually
- Provide risk management oversight and ensure the bank is safe and sound
- Assess capacity and capability of the Bank's systems and controls
- Provide guidance to improve systems, policies, processes and management tools as needed
- Ensure that the risk function is appropriately resourced
- Review and challenge new products from a risk perspective

Responsibilities related to Risk Analysis
- Develop a Risk inventory and Risk register
- Responsible for formulation/review, in consultation with the CEO, of the Credit Policy, Credit Manual, Asset Classification & Provisioning Policy, Collateral Management Policy & Risk Governance Framework
- Responsible for review of ICAAP and ILAAP
- Leading the response on regulatory queries vis a vis the Risk Management Framework upon CEO request
- Leading the Risk & Control Self-Assessment (RCSA) across the bank
- Ensure that risk related models and methodologies are appropriate for bank's use and are reviewed and validated on a periodic basis
- Oversee the Operational Risk Management Framework
- Monitor, control and escalate limits and policy breaches
- Capital and liquidity stress testing
- Development / regular upkeep of scoring/rating and other risk models
- Approval of Scoring/Rating of all eligible advances

Reporting and communication responsibilities
- Ensure accuracy and completeness of risk reports and their submission
- Report to the Board Risk Committee on risk exposures relative to its risk appetite and ensure the adequacy of risk information, analysis and training provided to members of the Board
- Maintain proactive communication with regulators, in consultation with the CEO
- Escalate where appropriate key risk concerns directly to the Chairman of the Board Risk Committee
- Communicate relevant risk issues to the Group CRO
- Member of EXCO, ALCO, Chair of CROC and RCC. Also, invitee to the BRC, BACC and the Board.
- Reporting exceptions in the daily/weekly/monthly reports to the CEO
- Prepare, review and put up to CEO and Risk Committees all MI pertaining to Risk Rating Dashboard;
- Will report to CRO and parallel reporting to BRC chair

The Regulators rules require that the holders of roles which fall within the Senior Manager Regime abide by enhanced standards of conduct. These enhanced standards are applicable to the role which is being offered to you. The Bank will provide regular trainingto you in this regard. By accepting this offer you agree that you will
- act with integrity
- act with due skill, care and diligence
- be open and cooperative with the FCA, the PRA and other regulators
- pay due regard to the interests of customers and treat them fairly
- observe proper standards of market conduct
- take reasonable steps to ensure that the business for which you are responsible is controlled effectively.
- take reasonable steps to ensure that the business for which you are responsible complies with the relevant requirements and standards of the regulatory system.
- take reasonable steps to ensure that any delegation of responsibilities is to an appropriate person and that you oversee the discharge of the delegated responsibility effectively.
- disclose any appropriate information that the FCA or PRA would reasonably expect notice of