Head of Prudential Risk Oversight

Metro Bank, City of Westminster

Head of Prudential Risk Oversight

Salary not available. View on company website.

Metro Bank, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 days ago, 1 Dec | Get your application in today.

Closing date: Closing date not specified

job Ref: 095c76ccee114a1f896547b8f2bf0167

Full Job Description

1. As the Head of Prudential Risk Oversight you will build, manage and motivate a function to provide formal written periodic review summaries of Prudential Risk Oversight for consideration at committees including Executive & Board Risk Committees.
2. You will be responsible for effective oversight of the Prudential Statements, namely, ICAAP, ILAAP, Recovery Plan and Resolvability Assessment Framework.
3. Provide independent opinion regarding Prudential risk matters to the CRO, Executive Committee (typically via Executive Risk Committee) and Board (typically via Board Risk Committee).
4. Manage and develop 2 nd Line of Defence (2LoD) Regulatory Reporting Oversight.
5. Challenge and support Finance and Treasury teams in their progress to fulfil regulatory reporting responsibilities, feeding back directly to the relevant stakeholders as well as presenting at the relevant committees.

1. Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders.
2. You must have a strong understanding of banking regulation.
3. Identify and interpret relevant regulations and their source.
4. Strong understanding of risk management and ICAAP/ILAAP best practice and processes.
5. In depth knowledge and experience of capital & liquidity reporting requirements.
6. Understanding of ALCO and Risk committee structure as relevant for governance of Prudential deliverables.
7. Experience of managing, influencing and coaching a team.

1. We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
2. We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!).
3. We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

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