Prudential Risk Manager
- london, EC1A, United Kingdom
- Permanent·On-site
- Full time
Job Description
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. xwwtmva 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...


