Role Description
1. Delivery and continual improvement of a Financial Risk oversight framework
2. Review and challenge of key policy documents, such as Treasury Policy, ICAAP, ILAAP, Recovery and Resolution planning on at least an annual basis or when changes are made
3. Assist with the oversight and challenge of management information utilised in risk reporting
4. Oversight of the definition, approach, review and challenge of the delivery of liquidity and capital stress testing (including reverse stress testing)
5. Review and challenge of key financial models, including assumptions, stresses and scenarios used in those models
6. Review and challenge of Pillar 3 disclosures
7. Oversight of regulatory reporting, e.g. CoRep, LCR
8. Review and challenge of the hedging approaches used by the Society
9. Oversight of the funding plan and all proposed new funding instruments such as Secured Term funding
10. Provide oversight to financial planning to ensure it is aligned to the Society’s risk appetite, e.g. 3-year plan etc
11. Ensuring the Society is appropriately informed of changes to the Prudential Regulatory landscape with regard to publications by the PRA, BoE, BCBS and EBA
12. Participation in projects and prudential programmes relating to financial risk management
13. Provide support to the business on creating an environment where risk and risk culture is fully understood and embedded
14. Support the CRO in the leadership of the Risk function
Role Requirements
15. Senior level experience of Treasury
16. Senior level experience of capital and capital management
17. Second line oversight of Financial risks
18. Solid understanding of balance sheets
19. Delivery and management of Assurance reviews
20. Numerate background/degree/qualifications
21. Skilled in Excel