Reports To: Director of Risk
About the Role:
We are currently seeking a motivated and proactive Prudential Risk Manager to join our Risk and Compliance team. This is a fantastic opportunity for individuals looking to build on their existing experience in risk management and take the next step in their career. In this role, you will be responsible for providing second-line oversight for prudential risk across key areas including Capital, Liquidity, and Interest Rate risk. You’ll work closely with senior management, regulators, and external auditors, and play a crucial role in helping to ensure the Bank adheres to regulatory requirements and industry best practices.
If you have experience in risk management or a related field and are eager to further your career with exposure to high-level risk strategies, this is the perfect opportunity for you!
Key Responsibilities:
- Prudential Risk Oversight:
- Support the development and management of the Bank’s risk framework, ensuring compliance with regulatory requirements.
- Offer subject matter expertise in areas such as Capital, Liquidity, and Interest Rate Risk, and provide second-line challenge to risk management practices.
- Regulatory Documentation & Reporting:
- Contribute to the review and challenge of key regulatory documents, including ICAAP, ILAAP, and Recovery Plans.
- Ensure the Bank’s policies and practices adhere to regulatory expectations and good market practices.
- Analytics & Risk Appetite:
- Assist in the development and refinement of the Bank’s Prudential Risk Appetite Framework.
- Support risk analysis and provide valuable insights into risk measurement and management.
- Cross-Functional Collaboration:
- Work with various departments including Treasury, Finance, and senior management to ensure risk management practices are effectively implemented across the Bank.
- Model Risk Management:
- Provide oversight and support for the Bank’s Model Risk Management (MRM) framework.
- At least 2-3 years of experience in risk management or a related field (financial services, Treasury, or finance-related).
- Strong understanding of risk management concepts, especially around Capital, Liquidity, and Interest Rate Risk.
- Excellent analytical skills with experience in Excel and the ability to assess financial risk data.
- Some experience with prudential regulatory frameworks such as ICAAP, ILAAP, and Recovery Planning is helpful but not essential.
- A keen interest in developing your expertise in risk management and regulatory compliance.
