Prudential Risk Manager - MERJE Ltd : Job Details

Role Overview & Purpose

The purpose of this role is to support the Chief Risk Officer to ensure an effective Risk Management Framework is in place, with a particular focus on Prudential Risk.   The role will act as a subject matter expert within the Second Line of Defence on all Credit and Financial Risk related areas to support the delivery of the Second Line Monitoring Plan.

The role holder will be exposed to a broad range of experiences in relation to Prudential, Enterprise and Credit Risk, with the role offering excellent development opportunities to increase both the breadth and depth of experience.

The firm offer a very flexible hybrid working arrangement with the requirement to be in Lancashire based head office only 1 day per week.

Role responsibilities.

• Assisting the Chief Risk Officer with ensuring that effective Enterprise Risk Management is taking place and that both the Risk Management Framework and the Risk Appetite Framework are embedded.
• Providing Second Line review and challenge of key prudential regulatory documents including the ILAAP and ICAAP. This will include a review and challenge of the calculations and modelling that are used for liquidity stress testing and assumptions for determining Pillar 1 and Pillar 2 capital requirements.
• Providing Second Line review and challenge of the Recovery Planning, including a review of the modelling of recovery capacity, recovery options, recovery indicators, and their impact on a variety of stressed scenarios.
• Providing Second Line challenge regarding the updates of both the Lending Policy and the Financial Risk Management Policy, ensuring that the cumulative impact of all changes is understood.
• Assisting with the production of Credit Risk reporting, Financial Risk reporting, Key Risk Indicator reporting and Recovery Plan EWI reporting.
• Assessing the business performance against Risk Appetites.
• Producing reports for various committees.

Personal Attributes & Experience

• Excellent knowledge across Prudential, Enterprise and Credit Risk.
• Experience gained within a retail bank or building society.

Applicants must be located and eligible to work in the UK without sponsorship.

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