Prudential Risk Manager

JOB TITLE: Prudential Risk Manager

ROLE PURPOSE

The Prudential Risk Manager serves as the second-line oversight for Prudential Risk, covering Capital, Liquidity, and Interest Rate Risk. Key responsibilities include:

• Overseeing prudential risks within the organization.
• Providing second-line challenge on prudential risk management.
• Acting as a subject matter expert in Capital, Liquidity, and Interest Rate Risk.
• Ensuring familiarity with key regulatory documents such as ICAAP, ILAAP, Recovery Planning, and Solvent Wind-Down Plans.
• Overseeing the Model Risk Management (MRM) framework.
• Assisting in compliance with current and future regulatory requirements.
• Supporting the enhancement of the Prudential Risk Management and Risk Appetite Frameworks.
• Managing prudential regulatory returns and reporting metrics.

KEY RESPONSIBILITIES

• Develop and maintain a robust risk management framework ensuring compliance with regulatory requirements.
• Provide technical expertise in prudential risk management.
• Ensure policies align with regulations and industry best practices.
• Conduct second-line reviews of ICAAP, ILAAP, Recovery Plans, and Solvent Wind-Down Plans.
• Monitor prudential risk management practices and adherence to risk appetite.
• Develop second-line prudential analytics and deep-dive assessments.
• Establish effective processes for assessing, measuring, and managing prudential risks.
• Support second-line reviews of new initiatives, products, and strategic developments.