Senior Risk Control Officer - London, United Kingdom - Saxton Leigh

    Saxton Leigh
    Saxton Leigh London, United Kingdom

    2 weeks ago

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    Description

    Job Description

    THE COMPANY:

    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