Senior Manager, Balance Sheet Stress Testing - North East, United Kingdom - Empirical Search

    Empirical Search
    Empirical Search North East, United Kingdom

    2 weeks ago

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    Permanent
    Description

    Role Description

  • Leading a team you will be responsible for ensuring that the existing stress testing capabilities advance to a level required of a Category 1 firm (including the Annual Concurrent Stress test (ACS) and Biennial Exploratory Scenarios (BES)), and on that basis define, develop, and deliver the priorities and plans for the stress testing team. You will be accountable for ensuring that Board, Group Risk Committee, Executive Risk Committee, ALCO, and other key stakeholders are adequately engaged in the development of the stress testing framework, and that stress tests are being appropriately utilised in strategic decision making.
  • Role Requirements

  • Expert knowledge of stress testing within a banking institution
  • Excellent understanding of the Bank of England's stress testing regime, including the Annual Concurrent Stress test (ACS) and Biennial Exploratory Scenarios (BES)
  • Excellent understanding of efficient process and control embedding and management
  • Good knowledge of broader Balance Sheet Management discipline including capital, market, and liquidity risk management
  • Ability to convert high level strategy and goals into operational plans
  • Ability to work with autonomy and make operational decisions
  • Experience of managing delivery of organisational change
  • Ability to oversee the management of budgets and resources
  • Knowledge of relevant legislation, compliance, corporate governance, quality assurance and risk management