Prudential Risk Oversight Manager

Prudential Risk Oversight Manager London, England

Metro Bank PLC
Full Time London, England 44368 - 107439 GBP ANNUAL Today
Job description

Team Risk and Credit

Location Holborn Office

County Central London

Ref # 17908

Closing Date 13-Mar-2023

Are you a Prudential Risk Leader? Can you collaborate with a wide range of business areas and stakeholders? Do you have strong understanding of banking regulations? If yes, then we may have the role for you!

As Prudential Risk Oversight Manager you will be responsible for the oversight of the regulatory reporting control framework within the Bank. This ensures that Metro Bank complies with all applicable regulations and protects our customers. You will play an integral role in helping to shape the regulatory reporting oversight team within the Prudential Risk function. The role also ensures that Metro Bank applies existing rules correctly and will be a point of contact for ad-hoc rule interpretation.
Depending on the team, most of our roles offer flexible working.

So what would you be doing?...

  • Understanding and communicating the regulatory reporting control framework across 1st and 2nd lines of defence
  • Performing 2nd line oversight of regulatory reporting, including the internal processes and controls that are leveraged for regulatory reporting purposes.
  • Highlighting risks informally through regular interaction and formally in written reports for submission to committees
  • Partnering with other teams to advise and challenge on Prudential risk activities
  • Conveying industry best practice and regulatory expectations relating to regulatory reporting
  • Reviewing plans to remediate weaknesses, incorporate business development, and respond to regulatory developments within the 1st line regulatory reporting control framework, proposing amendments to the 2nd line framework appropriately
  • Liaising with Internal Audit to ensure co-ordination across all 3 lines of defence.
  • Collaborating and developing stakeholder relationships

You need to be this kind of person…

  • Passionate about providing unparalleled levels of service and convenience for customers
  • Able to work and learn quickly in a fast paced, fun and dynamic environment
  • Prepared to stick at something – we wonder what might be the issue if someone has jumped from job to job as we want people who are prepared to learn and grow
  • Care about doing a great job and exceeding expectations with the quality of what you do

And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the courage to call out any concerns.

We always support colleagues to develop their skills. But to be successful in this job you really do need to already be able to do most of these wonderful things…

  • Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders
  • To be successful in this role, you will have experience of working within a regulatory reporting team
  • Naturally, you will need to have worked in a Regulatory Reporting/Prudential role and will ideally have experience and understanding of COREP (including Capital Adequacy, Large Exposures, Leverage Ratio, Liquidity), FINREP, PRA110, and Pillar 3 Disclosures
  • You will need to have knowledge of the general regulatory environment
  • We need you to have the ability to interpret regulatory rulebooks as they relate to Metro Banks business model and keep up to date with regulatory changes.
  • You will need to follow data lineage through an organisation to assess how upstream processes and controls impact reports being submitted to the regulator
  • Naturally, we need someone with first class report writing and presentation skills

Important Footnote Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!

Prudential Risk Oversight Manager
Metro Bank PLC

metrobankonline.co.uk
London, United Kingdom
Daniel Frumkin
Unknown / Non-Applicable
1001 to 5000 Employees
Company - Public
Banking & Lending
Finance
2010
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