At a Glance
- Tasks: Manage risk frameworks and ensure compliance for a growing Challenger Bank.
- Company: Dynamic Challenger Bank in the heart of London with exciting growth plans.
- Benefits: Competitive salary, generous benefits, flexible working, and a bonus scheme.
- Other info: Access to C-Suite level and opportunities for professional development.
- Why this job: Join a forward-thinking bank and make a real impact on financial stability.
- Qualifications: Strong knowledge of risk management and excellent communication skills required.
The predicted salary is between 80000 - 90000 £ per year.
As a Prudential Risk Manager in Challenger Banking, you'll oversee and manage risk frameworks (specifically ICAAP, RRP) to ensure regulatory compliance and operational efficiency.
Your role will focus on identifying, assessing, and mitigating risks to support the organisation's financial stability and strategic goals.
Client Details
Growth Challenger Bank with Business Lending lines across Mortgages, Loans, Savings, Online Payments with expanding product lines.
To embark on Consumer Lending further in next phase.
City of London based hq.
Enjoyed recent tranche of new funding to boost growth and keep present management team in place for long term.
- Description
- Prudential Risk Manager
- Maintain and enhance the prudential risk framework to ensure compliance with regulatory requirements - own ICAAP and RRP.
- Access constantly to C-Suite level, so excellent communications skills.
- Monitor and assess the organisation's risk exposures, offering actionable insights for mitigation (e. g. some horizon scanning/basel 3.1).
- Prepare and deliver comprehensive reports for senior stakeholders and regulatory bodies.
- Collaborate with various departments to ensure alignment with risk management policies (e. g. help with ILAAP - not essential to have owned before).
- Conduct stress testing and scenario analysis to evaluate potential impacts on the organisation.
- Stay updated on regulatory changes and provide recommendations for necessary adjustments.
- Support the development of risk training materials for internal teams.
- Lead or contribute to risk-related projects and initiatives as required.
- Profile
A successful Prudential Risk Manager should have
- Strong knowledge of prudential regulations and risk management practices in a Small to Mid sized Bank/Challenger/Disruptor OR may come from Big 4/Top 20 Practice with Prudential Assurance/Consulting for similar clients.
- ICAAP knowledge front-to-back.
- Proficiency in analysing financial data and conducting risk assessments (e. g. data mapping exercises).
- Excellent communication skills for preparing reports and liaising with stakeholders (great comms given this role will have access constantly to C-Suite level).
- A detail-oriented mindset with strong problem-solving abilities.
- Relevant professional accounting qualifications or certifications in accounting, finance, or risk management.
- Job Offer
- Competitive salary ranging from £80,000 to £90,000, dependent on the level of experience.
- Generous Benefits Package and enhanced maternity/paternity leave.
- Competitive bonus scheme.
- 3x days a week in City of London office, 2x days a week working from home flexibly.
- Permanent position in a top Challenger Bank.
If you're interested in this role, apply now.
People are at the heart of Michael Page.
We are committed to creating an inclusive environment.
As an inclusive recruiter we welcome applications from people of all backgrounds, identities and experiences.
If you require any adjustments or accommodations during the recruitment process, we'll work with you to ensure you can perform at your best.
Prudential Risk Manager in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Prudential Risk Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Jobiqo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Prudential Risk Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Jobiqo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Jobiqo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Jobiqo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jobiqo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Jobiqo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Jobiqo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
