Prudential Risk Lead (12 Months)

Details of the offer

Join us as a Prudential Risk Lead
You'll own and maintain a clearly defined and effective plan for regulatory engagement in relation to counterparty credit risk modelsYou'll be managing a team of specialists, making sure that they are motivated as you build on their capability and productivityThis is a chance to take a senior role leading the regulatory obligations for the bank's counterparty credit modelsThis position is for a 12 month periodWhat you'll do You'll be responsible for providing leadership on regulatory compliance assessment, advice and interpretation for counterparty credit risk modelling. We'll look to you to maintain the framework to provide assurance regarding compliance on an ongoing basis, supporting the annual CRO attestation of compliance to the PRA.
You'll also:
Lead the delivery of the Annual Attestation of Model Compliance, on behalf of the CRO, and engage with regulators and other external partiesBe the main interface to regulatory programmes with matrix management of aligned regulatory project resourcesContribute to the identification of strategic opportunities for the bank through a detailed understanding of regulatory requirements and developmentsProvide effective regulatory interpretation to technical modelling teams and franchise customers relating to models, products, business strategy and customer transactionsThe skills you'll need You'll need experience of working within a regulatory regime applicable to businesses within the financial services industry and be experienced in systems and controls relating to model development, reporting and use.
You should also have a deep understanding and track record in knowledge of regulatory requirements and leading delivery in line with regulatory requirements.
You'll also need:
The ability to interact with senior levels within a large organisation and excellent communication and influencing skillsKnowledge of the implications of model risk on the performance and the capital of the organisationStrong analytical skillsThe ability to translate complex topics into simple, easily understood concepts
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Nominal Salary: To be agreed

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