Prudential Risk Manager

• Location: London
• Job Type: Full-time, Office-based (5 days per week)

Reed Banking and Financial Services are currently seeking a Prudential Risk Manager and Head of Market and Liquidity Risk to work for an international bank overseeing the management of regulatory documents and monitor market and liquidity risks as part of the second line-of-defence. This role is pivotal in ensuring that our risk management practices are up-to-date and compliant with regulatory changes, internal shifts, and external economic factors.

Day-to-Day of the Role:

• Regulatory Document Management: Manage the end-to-end process of origination, review, and update of the Bank’s regulatory documents such as ICAAP, ILAAP, Recovery Plan, and Pillar 3.
• Risk Monitoring: Monitor daily liquidity risk metrics, limits, and indicators, investigate exceptions/concerns, and make recommendations to the ALCO.
• ALCO Reporting: Prepare and present the monthly ALCO pack, discussing key findings and suggesting actions to address identified issues.
• Stress Testing: Run liquidity and capital stress testing scenarios, develop and maintain stress testing models, and review the appropriateness of assumptions used.
• Operational Risk Oversight: Oversee the identification, assessment, and mitigation of operational risks within the Market and Liquidity risk unit.
• Policy Review and Update: Review and update the Bank’s Risk policies ensuring they are presented to the Board for approval in a timely manner.
• System Automation Projects: Lead system automation projects including testing, training, and liaising with IT and vendors.

Required Skills & Qualifications:

• Minimum 5 years of experience in a Prudential Risk environment and liquidity risk management.
• Strong analytical skills with excellent report writing capabilities.
• Proficiency in MS Excel, PowerPoint, and a strong understanding of risk management systems.
• Good knowledge of the general regulatory environment and ability to apply relevant PRA and CRR regulations.
• Strong understanding of risk management and ICAAP/ILAAP best practices and processes.
• Excellent knowledge of various areas of risk including Climate, Market, Operational, and Liquidity Risks.
• Ability to communicate clearly and effectively, both verbally and in writing.
• High attention to detail with strong organisational and time management skills.

To apply for the Prudential Risk Manager and Head of Market and Liquidity Risk position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.