Head of Prudential Risk Job at Battle TN Full Time NEW

Head of Prudential Risk

City of London

• Hybrid (3/2 split)

Permanent

£120,000 – £150,000
cer Financial are working alongside an international bank who are based in the City of London. They are seeking a Head of Prudential Risk to work with them on a permanent basis.

The responsibilities of the Head of Prudential Risk will include

• Support the Chief Risk Officer (CRO) in providing second line oversight of prudential risks, including capital, liquidity, market (FX and interest rate), strategic, and model risks
• Provide oversight of Finance and Treasury functions, including reviews of prudential risk management processes, stress testing, hedging strategies, reporting, and operational processes
• Assist in the development and maintenance of the risk management framework and risk appetite limits for capital, liquidity, market, and model risks
• Provide challenge and oversight for ILAAP, ICAAP, Recovery and Resolution Plans, and stress testing, and support regulatory engagement
• Deliver prudential risk reporting to governance committees and actively contribute to ALCO (Asset and Liability Committee)
• Monitor compliance with prudential risk appetite limits and track KRIs, KPIs, and EWIs
• Review and oversee prudential regulatory reporting
• Support preparation of the Annual Report & Accounts and Pillar 3 disclosures
• Conduct prudential regulatory horizon scanning, assess impacts, and coordinate regulatory change initiatives
• Advise the business on new and emerging prudential regulations and their potential impacts
• Assess prudential risk implications of transactions, new products, services, jurisdictions, clients, and sectors
• Support Credit Risk analytics, particularly related to the country risk framework
• Manage Model Risk Management and Model Validation across the Group
• Support the CRO in enterprise-wide risk reporting and assessment

The successful candidate will have

• Minimum 7 years’ experience in a UK bank, supporting Treasury and prudential risk management, preferably in a second line of defence role
• International banking and payment services experience is desirable
• Experience reviewing and contributing to ILAAP, ICAAP, and recovery planning documents
• Ability to analyse prudential risks, produce written risk assessments, and understand appropriate risk controls
• Capability to provide second line oversight and challenge on capital, liquidity, market, strategic, and model risks
• Strong technical and analytical skills in prudential and financial risk
• Ability to interpret PRA prudential regulations, including those related to capital, liquidity, market risk, and interest rate risk, and understand the PRA Supervisory Framework
• Detailed knowledge of CRD/CRR regulations and familiarity with Basel and EBA frameworks
• Understanding of prudential regulatory reporting for liquidity, capital, market risk, and interest rate risk
• Model risk management experience, including developing model risk frameworks
• Familiarity with derivatives products, regulatory frameworks, and trading activities