JOB TITLE: Prudential Risk Manager
ROLE PURPOSE
The Prudential Risk Manager serves as the second-line oversight for Prudential Risk, covering Capital, Liquidity, and Interest Rate Risk. Key responsibilities include:
* Overseeing prudential risks within the organization.
* Providing second-line challenge on prudential risk management.
* Acting as a subject matter expert in Capital, Liquidity, and Interest Rate Risk.
* Ensuring familiarity with key regulatory documents such as ICAAP, ILAAP, Recovery Planning, and Solvent Wind-Down Plans.
* Overseeing the Model Risk Management (MRM) framework.
* Assisting in compliance with current and future regulatory requirements.
* Supporting the enhancement of the Prudential Risk Management and Risk Appetite Frameworks.
* Managing prudential regulatory returns and reporting metrics.
KEY RESPONSIBILITIES
* Develop and maintain a robust risk management framework ensuring compliance with regulatory requirements.
* Provide technical expertise in prudential risk management.
* Ensure policies align with regulations and industry best practices.
* Conduct second-line reviews of ICAAP, ILAAP, Recovery Plans, and Solvent Wind-Down Plans.
* Monitor prudential risk management practices and adherence to risk appetite.
* Develop second-line prudential analytics and deep-dive assessments.
* Establish effective processes for assessing, measuring, and managing prudential risks.
* Support second-line reviews of new initiatives, products, and strategic developments.