Prudential Senior Manager

Prudential Senior Manager

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the execution of ICAAP and Recovery Planning, ensuring compliance with regulations.
  • Company: Join Starling, a disruptive UK bank transforming how people manage their money.
  • Benefits: Enjoy 25 days holiday, private medical insurance, and flexible working options.
  • Why this job: Be part of a motivated team reshaping banking with innovative solutions and a supportive culture.
  • Qualifications: 7+ years in prudential regulation, strong analytical skills, and project management experience required.
  • Other info: Starling values diversity and encourages applicants from all backgrounds to apply.

The predicted salary is between 43200 - 72000 £ per year.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

We’re looking for an experienced and driven Prudential Senior Manager to join our dedicated Prudential Team within Finance. This critical role is central to ensuring our compliance with prudential regulations, specifically focusing on the design, implementation, and maintenance of our Internal Capital Adequacy Assessment Process (ICAAP), Recovery Plan, and Resolvability Assessment Framework (RAF) capabilities. Reporting directly to the Head of Prudential, you\’ll be an integral part of a friendly, motivated, and hardworking team.

Responsibilities

In this high-impact role, you will leverage and expand your experience and professional skills across the following areas:

  • Lead and support the end-to-end execution of the bank’s ICAAP, Recovery Planning, and Resolvability activities, ensuring adherence to regulatory expectations and best practice.
  • Drive the design and analysis of stress scenarios in close collaboration with the Strategy and FP&A teams, including the calibration of appropriately severe economic scenarios to assess the resilience of our business model.
  • Play a leading role in testing and demonstrating our Recovery and Resolution capabilities, encompassing Playbook development, design and coordination of testing activities, and fire drills.
  • Effective project management of key regulatory processes, including developing detailed project plans and timetables, leading working group discussions, and ensuring timely, high-quality delivery.
  • Represent the bank at prudential industry forums and working groups, actively contributing to discussions on regulatory change and proactively preparing the bank for upcoming changes to the prudential framework.
  • Build and maintain strong collaborative relationships across Finance, Treasury, Risk, and wider business stakeholders, ensuring efficient communication, understanding, and implementation of prudential requirements.
  • Provide critical support to other business areas, including Strategy, to evaluate the prudential impact of strategic decisions and to inform robust capital management.
  • Prepare high-quality management decks and present at various Executive and Board Committees, including ALCO, ERC, and BRC.
  • 7+ years of relevant experience in prudential regulation, ideally gained within a UK regulator and/or leading consulting firms.
  • Deep technical understanding of capital and RRP (Recovery and Resolution Planning) regulations for UK financial institutions.
  • Strong analytical and quantitative skills, including proven experience with stress testing methodologies and Pillar 2 capital analysis.
  • Proven project management and organisational skills, with a track record of successfully delivering complex regulatory projects.
  • Outstanding communication and stakeholder management skills, with the ability to present complex concepts with gravitas and clarity to diverse audiences.
  • A proactive and autonomous mindset, comfortable working within a dynamic, flat team structure and a fast-paced fintech environment.
  • A relevant professional qualification such as ACA or CFA is preferred.
  • 25 days holiday (plus take your public holiday allowance whenever works best for you)
  • An extra day’s holiday for your birthday
  • Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
  • 16 hours paid volunteering time a year
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don\’t tick every box. Forget that! While we can’t accommodate every flexible working request, we\’re always open to discussion. So, if you\’re excited about working with us, but aren’t sure if you\’re 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.

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Prudential Senior Manager employer: Starling Bank Limited

At Starling Bank, we pride ourselves on being a forward-thinking employer that combines the innovation of a tech company with the stability of a fully licensed UK bank. Our collaborative work culture fosters personal and professional growth, offering extensive benefits such as generous holiday allowances, private medical insurance, and a commitment to diversity and inclusion. Join us in our mission to reshape banking while enjoying a supportive environment that values your contributions and well-being.
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Contact Detail:

Starling Bank Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Prudential Senior Manager

✨Tip Number 1

Familiarise yourself with the latest prudential regulations and guidelines specific to UK financial institutions. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing regulatory environment.

✨Tip Number 2

Network with professionals in the prudential regulation field, especially those who have experience at UK regulators or leading consulting firms. Engaging in discussions at industry forums can provide insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with stress testing methodologies and capital analysis in detail. Be ready to share specific examples of how you've successfully managed complex regulatory projects in the past.

✨Tip Number 4

Showcase your project management skills by discussing any relevant tools or methodologies you’ve used. Highlighting your ability to deliver high-quality results on time will resonate well with the hiring team at Starling.

We think you need these skills to ace Prudential Senior Manager

Prudential Regulation Knowledge
Internal Capital Adequacy Assessment Process (ICAAP)
Recovery Planning and Resolvability Assessment Framework (RAF)
Stress Testing Methodologies
Pillar 2 Capital Analysis
Project Management
Analytical Skills
Stakeholder Management
Communication Skills
Presentation Skills
Collaboration Skills
Regulatory Compliance
Financial Modelling
Problem-Solving Skills
Proactive Mindset
Professional Qualification (ACA or CFA preferred)

Some tips for your application 🫡

Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and requirements of the Prudential Senior Manager position. Tailor your application to highlight how your experience aligns with the specific duties mentioned in the job description.

Highlight Relevant Experience: Emphasise your 7+ years of relevant experience in prudential regulation. Provide concrete examples of your work with ICAAP, Recovery Planning, and Resolvability activities, showcasing your technical understanding and project management skills.

Showcase Analytical Skills: Since strong analytical and quantitative skills are crucial for this role, include specific instances where you've successfully applied stress testing methodologies or conducted Pillar 2 capital analysis. Use metrics to demonstrate your impact.

Communicate Effectively: Your application should reflect outstanding communication skills. Write clearly and concisely, and ensure that complex concepts are presented in an easily understandable manner. This will demonstrate your ability to communicate effectively with diverse audiences.

How to prepare for a job interview at Starling Bank Limited

✨Understand Prudential Regulations

Make sure you have a solid grasp of the key prudential regulations that affect UK financial institutions. Familiarise yourself with ICAAP, Recovery Plans, and Resolvability Assessment Frameworks, as these will be central to your role.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with stress testing methodologies and capital analysis. Be ready to provide examples of how you've applied these skills in previous roles, particularly in relation to regulatory projects.

✨Demonstrate Project Management Experience

Highlight your project management capabilities by discussing specific complex regulatory projects you've successfully delivered. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Communicate Effectively

Since the role requires presenting complex concepts to diverse audiences, practice articulating your thoughts clearly and confidently. Prepare to explain technical details in a way that is accessible to non-experts.

Prudential Senior Manager
Starling Bank Limited
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