At a Glance
- Tasks: Lead capital and liquidity assessments while ensuring compliance with prudential requirements.
- Company: Join Man Group, a leading investment management firm focused on innovative financial solutions.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team shaping risk management practices in a reputable firm.
- Qualifications: Must have a highly numerate degree and experience with ICARA or ICAAP processes.
- Other info: Advanced Excel, VBA, and Python skills are a plus; regulator interactions valued.
The predicted salary is between 54000 - 84000 £ per year.
The Financial and Regulatory Reporting Team are part of Man Group’s Finance Department and are responsible for calculating and ensuring ongoing compliance with all prudential requirements. We are a team of five people, growing to six with this newly created role., Lead the capital and liquidity adequacy and risk assessment processes for Man Group’s UK/EEA entities. This is a highly collaborative role engaging expertise from Finance, financial risk, operational risk, quantitative risk modelling and the investment management and supporting business units., * Ensure that the Internal Capital Adequacy and Risk Assessment (or ICARA, for the FCA) and Internal Capital Adequacy Assessment Process (or ICAAP, for the CBI) documents and associated submissions are prepared, reviewed, challenged and approved
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Ongoing maintenance and development of the associated Wind Down plans including testing and identifying business improvements
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Prepare and run the capital and liquidity models (e.g. operational, investment book, credit risk, downside scenarios and wind down), liaising with the subject matter experts to prepare the inputs and be able to explain and challenge the outputs
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Ensure alignment to Man Group’s risk governance and appetite framework and evolving risk profile
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Ensure ICARA and ICAAP documents and processes incorporate new regulatory requirements and expectations and industry/peer best practices
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Manage and run a stakeholder steering committee to enhance and evolve the ICARA and ICAAP processes and models
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Highly numerate degree
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Experience in the production of an ICARA or ICAAP. Regulator interactions would be a plus
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Advanced excel skills including macro automation. Advanced VBA and Python would be a plus
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Good understanding of risk management practices and modelling techniques, e.g. value-at-risk, statistical distributions, correlation, monte carlo simulation
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Basic understanding of alternative asset management strategies
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Ability to write and present complex content in a clear and concise manner to ensure understanding among a wider/senior audience
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Project management and interpersonal skills to collaborate with all subject-matter-experts and stakeholders and bring together content
Senior Manager - Prudential Risk Reporting employer: Man Group
Contact Detail:
Man Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager - Prudential Risk Reporting
✨Tip Number 1
Familiarize yourself with the latest regulatory requirements and best practices related to ICARA and ICAAP. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the financial risk management space, especially those who have experience with prudential risk reporting. Engaging in discussions can provide insights and potentially lead to referrals.
✨Tip Number 3
Showcase your advanced Excel skills by preparing a sample model or analysis that highlights your ability to automate processes using macros. This practical demonstration can set you apart during discussions.
✨Tip Number 4
Prepare to discuss your project management experiences and how you've collaborated with various stakeholders in past roles. Being able to articulate these experiences will highlight your interpersonal skills, which are crucial for this position.
We think you need these skills to ace Senior Manager - Prudential Risk Reporting
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly understand the responsibilities and requirements of the Senior Manager - Prudential Risk Reporting position. Highlight your relevant experience in ICARA or ICAAP production, as well as your understanding of risk management practices.
Tailor Your CV: Customize your CV to emphasize your advanced Excel skills, experience with VBA and Python, and any regulator interactions you've had. Use specific examples that demonstrate your ability to manage capital and liquidity models.
Craft a Compelling Cover Letter: Write a cover letter that showcases your project management and interpersonal skills. Explain how you can collaborate effectively with various stakeholders and contribute to enhancing the ICARA and ICAAP processes.
Highlight Communication Skills: In your application, emphasize your ability to write and present complex content clearly. Provide examples of how you've successfully communicated intricate information to senior audiences in the past.
How to prepare for a job interview at Man Group
✨Showcase Your Technical Expertise
Be prepared to discuss your experience with ICARA and ICAAP processes in detail. Highlight any specific projects where you led the production of these documents, and be ready to explain how you ensured compliance with regulatory requirements.
✨Demonstrate Collaboration Skills
Since this role is highly collaborative, share examples of how you've successfully worked with cross-functional teams in the past. Emphasize your ability to engage with finance, risk management, and other stakeholders to achieve common goals.
✨Prepare for Technical Questions
Expect questions related to risk management practices and modeling techniques. Brush up on concepts like value-at-risk, statistical distributions, and Monte Carlo simulations, and be ready to discuss how you've applied these in your previous roles.
✨Communicate Clearly and Concisely
Practice explaining complex financial concepts in a straightforward manner. You may need to present your ideas to senior audiences, so focus on clarity and conciseness in your communication style during the interview.