Head of Risk Management

  • Up to £140,000 pa + benefits
  • London, England, United Kingdom
  • Permanent, Full time
  • Saxton Leigh
  • 17 Dec 18

Our client is one of the world’s largest international banks with offices based in the City.

THE RESPONSIBILITIES:

  • All activities within Risk Management, which covers Basel Implementation, Portfolio management, Risk Policy, Risk Data and System, Provisioning, Market Risk, Operational Risk, and Risk support etc.
  • To enhance the Bank wide framework for identifying, measuring, evaluating, controlling, monitoring and reporting the credit, market and operational risks. Co-ordinate with other Second Line areas (Credit Risk, Compliance, Liquidity etc.) for enterprise-wide risk management.
  • Capital Adequacy planning for the business (ICAAP).
  • To support sustainable and healthy business development at acceptable risks to the Bank
  • To ensure the timely maintenance and consistency of risk policies and procedures across the Bank, and also to ensure the group policies and regulatory requirements are adhered to.
  • To maintain good communication with Head Office
  • To provide risk management services to the London Branch in line with the Service Level Agreement between the Branch and Subsidiary
  • Supporting the CRO with the provision of reports and statistics for General Management, Head Office and regulators as applicable.
  • Present Reports on Risk Management to the Board Risk Committee, the Audit Committee and the ALCO.
  • Ensuring that work is carried out accurately and within the time limits set.
  • Ensuring the smooth running of the operations of the department avoiding any losses and meeting financial and non-financial targets
  • Ensuring that all regulatory requirements, including anti-money laundering, internal controls and all Bank and departmental policies and procedures are complied with including business continuity planning etc.

 

EXPERIENCE REQUIRED:

  • Experience of performance management and staff development
  • Abundant experience in Basel II and III implementation, especially in credit, market and operational risk quantitative models and tools.
  • Thorough knowledge of banking products and risks associated with them including portfolio management, operational and market risk.
  • Thorough knowledge on Enterprise wide Risk Management (ERM) and risk universe management.
  • Experience of default modelling and IFRS9
  • A strong understanding of Basel , PRA/FCA and EU regulatory requirements.