Regulatory Relationship Management – Director recruitment
Reporting to the Global Head of the Department, this is a high profile role within the Global Risk team. The role will focus increasingly on both market risk and credit risk related projects and work streams, encompassing the full scope of the Bank's diverse and complex portfolio.
Responsibilities include:
Working closely with front office COOs, business lines, risk managers and risk heads, and the portfolio mgmt team to help communicate and manage the impact of an on-going program of regulatory reform impacting Risk.
Involvement in managing and co-ordinate the team's work around in Basel 2.5, Basel 3 initiatives, and the Fundamental Review of the Trading Book.
Regularly attend Risk senior mgmt meetings to provide briefings on regulatory reform initiatives and likely impact analysis.
Attend regular meetings with the FSA with traded risk specialists and members of regulatory policy who represent the UK on various international work streams. Manage direct reports together with helping to co-ordinate initiatives across jurisdictions.
Extensive work on market and credit risk capital issues facing the industry and includes representation on various internal policy focus groups (working in cooperation with Regulatory Finance, and Group policy forums) and industry working groups
Person Requirements/ Experience required:
Graduate - preferred science based, mathematics, and/or finance/economics related degree(s)
Extensive experience within a Risk/Regulatory related function, preferably at a top tier/peer group bank
Experience in dealing with SSG level Regulators and/or regulation
Experience in a Risk related function impacted by significant regulatory reform agenda (Basel II.5/Basel 3)
Working knowledge of Risk management process/ Regulatory policy framework
Good understanding of business/products within diverse trading environment (ex-Risk Manager? / ex-Regulator?)
Strong attention to detail, with meticulous approach to documentation and an enquiring mind
Proven track record of successfully managing teams/projects with high pressured banking/regulatory environment