Credit Risk and ICAAP Manager recruitment
They are looking to hire a Manager to join their risk team, and to focus on:
Supporting the development of the Bank's risk management system, particularly in the areas of ICAAP and RRP ( Recovery and Resolution Planning )
Supporting credit and capital planning processes, to ensure enhanced credit stress testing and scenario planning work are implemented ( with specific reference to ICAAP and Capital Planning Buffers ).
Embedding the usage of ICAAP in relation to bank's risk appetite
Full engagement in the creation of ICAAP and regulatory contacts such as ARROW
Establishment of the risk appetite framework for credit risk and production of associated documentation.
Conducting credit risk stress testing of loan portfolio and validating the severity of the stress level.
The successful candidate should have:
Good working knowledge and experience of economic and regulatory capital planning processes including the calculation of Capital Planning Buffers.
Knowledge of ongoing developments in relation to prudential regulation requirements, including Basel II/III, BIPRU and CRD3/4
Knowledge of accounting such as IFRS and UKGAAP conversion is desirable
The ability to communicate effectively at all levels of staff including ability to influence and persuade Senior Management on capital and risk issues
Good working knowledge and experience of economic and regulatory capital planning processes including the calculation of Capital Planning Buffers.
Good degree (MSc or equivalent) in Economics or Finance.
Good knowledge of mathematics and statistics (good mathematics degree has an advantage- )