Our client is a leading international bank based in the City. They are looking for a Senior Risk Control Officer to join the team.
THE RESPONSIBILITIES:
Support the Head and the Risk & ALM teams in the day-to-day management of risk, with particular focus on liquidity risk and ALM, but also enterprise risk management (ERM) and other risk-related activities.
Act as joint / assistant Secretariat for ALCO and from time-to-time other risk-related meetings.
Produce management information for ALCO, Subsidiary Risk & Compliance (RCC) and Branch Risk Committee meetings.
Assist the Department Head and the Liquidity Risk Team and join the respective inter-departmental working groups in the annual updates of the ILAAP and RRP for the Subsidiary, as well as other UK regulatory compliance work.
Propose and provide advice on risk management strategy, framework, policy and procedure, and assist in the annual updates of risk-related policy documents owned by Risk & ALM.
Daily, weekly monthly and quarterly liquidity reports for various stakeholders, including Parent Bank and Senior Management.
Monitor the Bank’s liquidity position and buffer on a daily basis, conduct daily liquidity forecasting and perform ad hoc analyses.
Produce management information for ALCO and Risk & Compliance Committee meetings.
Internal stress testing, including regular review of the scenarios to ensure that they are relevant and up-to-date.
Enterprise Risk Management, including the inter-departmental coordination and preparation of materials for the London Risk Committees as well as Head Office Risk Department and ALM Department (assisted by the Department Head).
Subsidiary only: assist Department Head in Recovery and Resolution Planning, including annual update of the Recovery Plan.
Subsidiary only: participate in annual update of ICAAP and Pillar 3 Statement.
Oversight of RFR upload process: assist Department Head in the daily RFR upload process.
Other tasks as directed by the Head of Risk & ALM Department, including but not limited to updating Business Continuity Policy (BCP), ongoing streamlining and automation of processes, etc.
EXPERIENCE REQUIRED:
Fully aware of industry trends and best practices, with a minimum of 5 years’ risk management experience with reputable banks / FIs (ideally smaller / foreign), with particular focus on liquidity risk and ALM.
Full understanding, and correct interpretation of, regulatory regimes and requirements regarding liquidity risk and ALM, ideally through participation in ALCO, either as a member or attendee.
Involvement in preparation of ILAAP and ideally also Pillar 3 and ICAAP.
Also useful (but not mandatory): exposure to / working knowledge of: enterprise risk management (ERM), Recovery and Resolution Planning (e.g. annual update of Recovery Plan) and operational resilience.
Strong teamworking skills (preferably in multicultural workplaces), including participation in risk management projects and working groups as joint / assistant Secretariat as well as action owner.
For further information please contact Eleanor Vine
