Prudential Risk Manager

  • Treasury
  • London, United Kingdom

Prudential Risk Manager

Job description

This role has come about as a result of new regulation, new business activities and continued business growth and will support the Head of Treasury Risk & ALM in the various activities that fall within Treasury’s oversight and control.

This includes implementation of the new capital requirements under IFPR across the business, developing and enhancing existing MI / KPI reporting capability, supporting the Head of Treasury Risk & ALM in efficiently managing the Group’s balance sheet and meeting the team’s governance responsibilities.

This position would be suitable for a Manager / Senior Manager with 5-10 years’ experience with a good understanding of the prudential regulatory framework and sufficient experience in a Risk / Treasury capacity.

Main Duties & Responsibilities:

Regulatory Change (IFPR):

  • Assessing impact of IFPR regulations on the liquidity and capital of UK regulated entities
  • Developing business requirements and new processes to meet IFPR reporting requirements, working with IT to build and implement automated solutions, reconciling and testing outputs and resolving issues
  • Keeping up to date with regulatory guidance where applicable

Regulatory and Internal MI Reporting:

  • Production of regulatory liquidity, capital and client money reporting
  • Developing Treasury MI reporting / KPI’s and ensuring regular production
  • Supporting process improvement across the team, including implementation of improved IT solutions
  • Treasury P/L reporting and performance evaluation
  • Reviewing bank / cash reconciliations produced across the team

Balance Sheet Management:

  • Group fiat and crypto liquidity oversight
  • Balance sheet FX exposure hedging
  • Intragroup lending process and large exposure management
  • Support the Head of Treasury Risk & ALM with various ongoing/ad hoc projects including optimising cash, collateral, liquidity position, reducing market risk, credit risk and balance sheet impact, controlling client credit lines and debt

Governance:

  • Assist in the preparation of ICAAP, ILAA, RRP, CFP, Liquidity Risk Policy and new ICARA process
  • Assist in the preparation of management information for internal committees and Board
  • Business partnering and involvement in assessing impact of new products and processes

Requirements

Essential Skills / Experience:

  • Business fluency in written and verbal English
  • Advanced level in Excel, comfortable working with large volumes of data
  • Intermediate / Advanced level in PowerPoint
  • Ability to synthesise analysis and providing clear and concise messaging
  • Excellent organisation skills
  • Responsible, self-motivated, proactive & assertive
  • Excellent interpersonal skills, confident and proactive in communicating with people at all levels and working as part of a team
  • Ability to manage and prioritise a busy workload and to remain clam under pressure
  • Approachable and personable nature
  • ‘Can do’ attitude
  • Proven work experience in Risk / Treasury / Finance function
  • Strong understanding of prudential regulatory framework and capital and liquidity rules
  • Working knowledge of financial services industry
  • Understanding of balance sheet / capital structure
  • Familiarity with Finance and Treasury and Risk management processes

Desirable Skills / Experience:

  • Finance, numerate, business or law degree preferred
  • Relevant accounting / financial qualification desirable
  • Knowledge of / interest in financial products traded by the firm
  • Experience producing and submitting COREP/LE/Liquidity returns desirable