Regulatory Policy Manager - London Area, United Kingdom - Scot Lewis Associates

    Scot Lewis Associates
    Scot Lewis Associates London Area, United Kingdom

    2 weeks ago

    Default job background
    Banking / Loans
    Description

    Regulatory Policy Manager - 6 months + contract - £937 PD Inside - Hybrid

    Regulatory Policy manager, Credit risk, Compliance, Basel, PRA

    Working with a leading global banking client to secure the services of a Regulatory Policy Manager for London. The role holder will lead on regulatory interpretation of regulatory requirements for credit risk, including the internal ratings based approach (IRB). As well as lead the review and response to proposed rulemaking by regulators designed to address the changing environment that banks operate within, such as regulatory developments for:

    • Basel 3.1;
    • Climate risk; and
    • Artificial intelligence/machine learning (AI/ML).

    In this role, you will:

    • Review and opine on existing and proposed regulatory policy on wholesale credit risk.
    • Lead the process to develop regulatory interpretations and policy opinions, including clear communication of the latest external regulatory developments to customers / stakeholders.
    • Undertake line by line traceability mapping of regulatory articles to interpretations and advise implementation owners on the regulations to facilitate compliant application..
    • Ensure consistent and accurate communications to our regulators.

    Support the engagement with the Prudential Regulatory Authority and industry trade bodies on regulatory policy and permissions topics.

    Qualifications

    • Educated to university degree level or equivalent and it would be desirable for them to hold a relevant professional qualification

    Experience

    • Experience in general or wholesale banking including Commercial Banking, Global Banking & Markets or Wholesale Credit Risk.
    • Good knowledge of the regulatory landscape particularly relating to credit risk regulations, IRB risk model permissions or previous experience in a Regulatory Capital policy function.
    • Relevant working experience in a bank, rating agency, consultancy or advisory firm is desirable.
    • Experience of dealing with regulators is advantageous.
    • Some understanding of statistics and concepts of the risk modelling process would be advantageous

    Skills

    • Ability to lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator.
    • Excellent written and verbal communication skills are mandatory.
    • Manages self to deliver own work within timelines.
    • Flexibility to work with colleagues and key stakeholders in an international team.
    • Influencing skills are required as many resources will not report to the jobholder.