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.
Scroll down the page to see all associated job requirements, and any responsibilities successful candidates can expect.
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. xgikmsk
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...
Prudential Risk Manager in London employer: Michael Page
ASDA is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Leeds. With a strong commitment to employee growth, ASDA provides numerous opportunities for professional development and advancement, alongside competitive salaries and comprehensive benefits. The hybrid working model allows for flexibility, making it an attractive workplace for those seeking meaningful and rewarding careers in one of the UK's leading retail brands.
