At a Glance
- Tasks: Lead prudential risk oversight and engage with senior stakeholders in a growing bank.
- Company: Dynamic bank focused on robust risk management and regulatory compliance.
- Benefits: Competitive salary, leadership role, and opportunities for professional growth.
- Other info: Engage directly with regulators and senior committees on key topics.
- Why this job: Shape the bank's risk framework and influence strategic decision-making.
- Qualifications: Significant experience in prudential risk within UK-regulated banking.
The predicted salary is between 72000 - 88000 £ per year.
Head of Prudential Risk - ILAAP & ICAAP - Banking
Excellent opportunity opens for a Head of Prudential Risk to join a growing Bank in a senior second line leadership role, providing independent oversight across the prudential risk framework.
Reporting to the CRO, you will play a key role in ensuring the bank maintains a robust approach to capital, liquidity, market and model risk management while supporting engagement with regulators and senior stakeholders.
This role offers the opportunity to
- Act as a trusted adviser to senior management, Treasury and Finance on complex prudential risk matters.
- Lead independent oversight of capital, liquidity, market and model risk management activities.
- Shape and enhance the bank's prudential risk framework and risk appetite.
- Influence strategic decision-making through robust challenge, analysis and risk insight.
- Drive the bank's approach to prudential regulation, regulatory change and governance.
- Engage directly with senior committees and regulatory stakeholders on key prudential topics.
Main Responsibilities
- Provide second line oversight and challenge across capital, liquidity, market, treasury and model risk.
- Lead independent review and challenge of the ICAAP and ILAAP, including stress testing and capital and liquidity planning.
- Oversee the bank's Capital Risk framework and ensure effective monitoring against risk appetite and regulatory expectations.
- Review and challenge prudential regulatory reporting and disclosures.
- Provide oversight of Interest Rate Risk in the Banking Book (IRRBB), FX risk and derivatives-related exposures.
- Maintain oversight of model risk governance, validation and ongoing monitoring activities.
- Evaluate prudential implications of new products, strategic initiatives and material transactions.
- Support Recovery Planning and Solvent Wind-Down preparedness.
- Monitor emerging regulatory developments and provide pragmatic interpretation and guidance to the business.
- Deliver high-quality reporting and risk insights to senior management and governance committees.
- Key Requirements
- Significant prudential risk experience gained within a UK-regulated wholesale, corporate or international banking environment.
- Strong expertise in Capital Risk, ICAAP, Liquidity Risk and ILAAP from a second line risk perspective.
- Deep understanding of UK prudential regulations, including CRR/CRD and broader Basel frameworks.
- Experience overseeing regulatory reporting, stress testing and recovery planning processes.
- Knowledge of IRRBB, FX risk, derivatives and Treasury-related risk management.
- Exposure to model risk management and validation frameworks.
- Strong stakeholder management skills with the ability to influence and challenge at Executive and Board level.
- Excellent analytical, communication and regulatory interpretation capabilities.
- #J-18808-Ljbffr
Head of Prudential Risk - ILAAP & ICAAP - Banking employer: Rothstein Recruitment
Join a dynamic fintech company that prioritises innovation and reliability, offering a collaborative work culture where your expertise in Site Reliability Engineering will be valued. With a strong focus on employee growth, you will have access to continuous learning opportunities and the chance to work with cutting-edge technologies in a supportive environment. Located in a vibrant tech hub, this role not only promises meaningful work but also the unique advantage of being part of a rapidly evolving industry.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Prudential Risk - ILAAP & ICAAP - Banking
✨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 Rothstein Recruitment. 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 Head of Prudential Risk - ILAAP & ICAAP - Banking
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 Rothstein Recruitment.
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 Rothstein Recruitment'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 Rothstein Recruitment
✨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 Rothstein Recruitment.
✨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 Rothstein Recruitment 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 Rothstein Recruitment 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.
