Prudential Risk Officer

Prudential Risk Officer

Location: Central London (Office Based)

Salary: circa £35k + Excellent Benefits

Job Type: Full Time, Permanent

Our client who are a prominent foreign bank, seeks a Prudential Risk Officer to join their team in London.

Working within the Risk Management unit, you will provide key support in the management of prudential risk, focusing on capital, market, liquidity, and model risks.

The Role:

The primary focus of this role is to offer second line of defence oversight and scrutiny of key risks including strategic, prudential, treasury, market, liquidity, and model risk management.

The objective is to guarantee the business possesses a thorough and precise understanding of its risks by delivering guidance, assistance, and reassurance to management regarding the identification, evaluation, mitigation, and reporting of risks by both business and support functions.

This position offers an exciting opportunity for new job seekers to play a pivotal role in overseeing the Enterprise Risk Management and Control Framework (ERMF), contributing to its development and implementation, and actively participating in risk quantification, scenario analysis, and stress testing execution.

Responsibilities:

? Maintaining oversight of capital, liquidity, and financial risk appetite across market, credit, and liquidity risks,
? Contributing to the preparation of various regulatory reports such as ICAAP, ILAAP, RRP, and Pillar 3 Disclosures.
? Performing regular capital adequacy assessments and reporting to Executive Management, monitoring Interest Rate Risk in the Banking Book (IRRBB),
? Generating periodic reports for monitoring and regulatory purposes including LCR, NSFR, and Liquidity Stress Tests.
? Maintaining and updating the Banks Model inventory, supporting Treasury in setting and monitoring limits, and producing comprehensive risk reports for various committees and stakeholders.
? Engage with Internal and External Auditors,