At a Glance
- Tasks: Support prudential risk activities and provide regulatory oversight in a dynamic banking environment.
- Company: Join one of the UK's fastest growing and award-winning banks.
- Benefits: Enjoy 30 days holiday, private medical cover, and a generous pension scheme.
- Why this job: Make a real impact in a collaborative team while advancing your career.
- Qualifications: Proven experience in prudential regulation and strong communication skills required.
- Other info: Fast-paced environment with excellent growth opportunities and a supportive culture.
The predicted salary is between 36000 - 60000 £ per year.
About us Join one of the UK's fastest growing and award-winning banks. We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK's newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere. Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering an open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.
In this role, you will:
- 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 areas of responsibility:
- 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.
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.
A bit about you – You are/have:
- 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 problem-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.
What we can offer you:
- 8% company pension contribution and 3% individual contribution (which you can opt to increase).
- 30 days holiday every year — which includes your birthday off + bank holidays on top.
- Private medical cover with WPA – includes no excess + you can add family through salary sacrifice.
- Death in service at 4 x base salary with Aviva.
- Mental health support – through a helpline and counselling sessions.
- Enhanced maternity, paternity and adoption leave.
What else do I need to know?
- Location: London-based (Strong office presence)
- Salary: Competitive
- Hours: 35 Hours per week
We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.
At GB Bank, we value privacy and data protection rights. We have longstanding data protection culture and promote robust ethical standards in data management. Please read our Privacy Notice in relation to our recruitment activities before submitting your application to work with us.
Prudential Risk Manager in London employer: GB Bank Limited
Contact Detail:
GB Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prudential Risk Manager in London
✨Tip Number 1
Network like a pro! Reach out to current employees at GB Bank on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on UK regulatory frameworks, especially FCA and PRA. Show us you’re not just a candidate but a potential game-changer for our team.
✨Tip Number 3
Practice your communication skills! You’ll need to convey complex ideas clearly. Try explaining prudential concepts to a friend who knows nothing about banking – if they get it, you’re golden!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you top of mind and shows us you’re genuinely interested in joining our ambitious team.
We think you need these skills to ace Prudential Risk Manager in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Prudential Risk Manager role. Highlight your relevant experience with UK regulatory frameworks and how it aligns with our needs at GB Bank.
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your ability to manage multiple priorities and communicate complex concepts clearly.
Be Authentic: Let your personality shine through in your application. We’re looking for passionate individuals who are excited about the opportunity to work in a dynamic environment, so don’t be afraid to show your enthusiasm!
Apply Through Our Website: For the best chance of success, make sure you apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at GB Bank Limited
✨Know Your Prudential Regulations
Make sure you brush up on your knowledge of UK regulatory frameworks like FCA, PRA, and Basel 3. Being able to discuss these confidently will show that you're not just familiar with the rules but can also interpret their implications for the bank.
✨Showcase Your Communication Skills
Prepare to explain complex regulatory concepts in simple terms. Practice articulating your thoughts clearly, as this role requires conveying information to non-specialist stakeholders. A mock interview with a friend could help you refine this skill.
✨Demonstrate Your Problem-Solving Abilities
Think of examples from your past experience where you've tackled challenges in risk management or compliance. Be ready to discuss how you approached these situations and what the outcomes were, as this will highlight your analytical skills.
✨Build Relationships and Teamwork
Since the role involves working closely with various teams, be prepared to talk about how you've successfully collaborated in the past. Highlight any experiences where you’ve built relationships to promote best practices in risk management.