At a Glance
- Tasks: Review and ensure compliance of the Bank’s IRB model with key regulations.
- Company: Join one of the UK’s top high impact Banks with a strong reputation.
- Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
- Other info: Flexible office locations across the UK, including London.
- Why this job: Make a real difference in regulatory compliance while working in a dynamic environment.
- Qualifications: Experience in regulatory compliance and model risk oversight is essential.
The predicted salary is between 60000 - 80000 £ per year.
We have been appointed to manage the Treasury department recruitment campaign for one of the UK’s top high impact Banks. This particular role will focus on the review of the Bank’s IRB model to ensure compliance with key regulations. Hybrid working available - You can use various UK office locations (including London) from which to fulfil your two day a week office attendance requirement.
Role Description
- Complete an attestation against relevant regulation for our IRB model.
- Review last year’s attestation of the IRB model and create plans for bringing up to compliant.
- Prepare the Treasury model risk team for internal second line reviews of the model.
- Horizon scan the CRR and Basel 3.1 regulatory announcements to help anticipate where actions need to be taken to ensure compliance in the future.
Role Requirements
- A background in regulatory compliance (CRR/Basel 3.1).
- Experience checking that the business is compliant to a set of regulations, and undertaking gap analyses with a focus on the IRB model aspect of the regulations would be good.
- Background in model risk oversight. Checking models against a set of standards and raising actions where they see issues/shortfalls.
- Some experience of working with models is desirable.
Senior Treasury IRB Model Review (Contractor) in England employer: Empirical Search
Contact Detail:
Empirical Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Treasury IRB Model Review (Contractor) in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Let them know you're on the lookout for opportunities, especially in roles related to regulatory compliance and model risk oversight. You never know who might have the inside scoop on a great position!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of CRR and Basel 3.1 regulations. We recommend creating a cheat sheet with key points and recent updates. This will not only boost your confidence but also show potential employers that you’re serious about staying compliant.
✨Tip Number 3
Don’t underestimate the power of a strong online presence. Update your LinkedIn profile to reflect your expertise in IRB models and regulatory compliance. Engage with relevant content and connect with industry professionals. It’s a great way to get noticed!
✨Tip Number 4
Apply through our website for the best chance at landing that contract role! We’ve got all the latest openings, and applying directly can sometimes give you an edge. Plus, it shows you’re proactive and keen to join the team!
We think you need these skills to ace Senior Treasury IRB Model Review (Contractor) in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in regulatory compliance and model risk oversight. We want to see how your background aligns with the IRB model requirements, so don’t hold back on showcasing relevant projects!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to the job description and show us your enthusiasm for working in a high-impact banking environment.
Be Clear and Concise: When filling out your application, clarity is key. Use straightforward language and avoid jargon unless it’s relevant to the role. We appreciate a well-structured application that makes it easy for us to see your qualifications.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Empirical Search
✨Know Your Regulations
Make sure you brush up on CRR and Basel 3.1 regulations before the interview. Being able to discuss these in detail will show that you’re not just familiar with them, but that you can apply this knowledge practically to the IRB model review.
✨Prepare for Scenario Questions
Expect questions that ask you to demonstrate your experience with compliance checks and gap analyses. Think of specific examples from your past work where you identified issues and how you addressed them. This will help you stand out as a candidate who can take action.
✨Showcase Your Model Risk Oversight Skills
Be ready to talk about your experience with model risk oversight. Prepare to explain how you've checked models against standards and what actions you took when you found discrepancies. This will highlight your proactive approach to compliance.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team’s current challenges with the IRB model or how they anticipate regulatory changes impacting their work. This shows your genuine interest in the role and helps you gauge if it’s the right fit for you.