Manager, Financial Risk Oversight (2LOD)

London - UK

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Manager Financial Risk Oversight (2LOD)

Start: ASAP

Duration: 3 months

Day Rate: Competitive(inside IR35)

Location: Central London (Hybrid)

Specific Accountabilities

Deliver independent assurance to the BANK Board on key internal and regulatory deliverables including BANKs Strategy and Medium Term Plan (MTP); Independent Capital & Liquidity Assessment Processes (ICAAP & ILAAP); Recovery Plan; Resolvability Assessment Framework; Reverse Stress Testing and key prudential financial and regulatory reporting. This requires a detailed understanding of complex regulatory requirements / assessment methodologies and the application of sound judgement.

Propose and deliver a risk-based thematic assurance plan as approved by the Board Risk Committee. This should include integrated assurance reviews in collaboration with other second line teams to optimise efficiency and breadth / depth of insight.

Provide independent second line challenge and support on all material proposals relating to Financial Risk. This includes but is not limited to risk appetite capital & funding plans; risk adjusted pricing; coordinating independent review of acquisitions & mergers; impact assessments / responses to changes in regulation; and associated action plans.

Assess the Financial Risk Policies Standards and Frameworks maintained by the first line to ensure they provide adequate coverage of all relevant risks are consistent with the bank-wide Risk Management Framework comply with all relevant regulatory requirements and are operating effectively.

Review aggregate and provide independent second line opinion on Financial Risk reporting for inclusion in Executive and Board level reporting by the Chief Risk Officer.

Skills & Knowledge

Broad experience covering a variety of products and services coupled with experience working in a specialist function (e.g. Capital & Liquidity Risk Market Risk Model Risk Finance).

A sound understanding of the key quantitative and qualitative methodologies used in risk assessment.

Strong knowledge of relevant regulation (e.g. Capital Requirements Regulation and PRA Rulebook) and Accounting Standards (e.g. IFRS9) and application / impact on Financial Risk.

Ability to understand complex issues communicate with clarity and influence senior leaders including Directors and Head of functions.

Advanced commercial awareness with an ability to apply global perspective and use diverse views and information to reach optimal solutions.

Advanced leadership skills to develop individuals and support the creation of high performance teams

Manager Financial Risk Oversight (2LOD)Start: ASAPDuration: 3 monthsDay Rate: Competitive(inside IR35)Location: Central London (Hybrid) Specific Accountabilities Deliver independent assurance to the BANK Board on key internal and regulatory deliverables including BANKs Strategy and Medium Term...