Risk Management

Operational Risk Consultant-IT& Change Oversight

Birmingham

£45,000

Our client is a leading bank who are currently recruiting for an Operational Risk Consultant. The role will be responsible for providing 2nd Line oversight and challenge to the Bank’s Information Technology operations and transformation change management. Key Responsibilities: Design, build and implement a methodology to provide a robust second line assurance and challenge programme over the operational risks associated with IT operations and Transformation (change) management across the Bank. Advise and challenge business stakeholders at individual and group level to ensure risks are adequately assessed and mitigated, where necessary monitoring remediation’s. Provide insight, assurance, reporting and solutions to the Executive Risk Committee and other senior committees to facilitate Go/No go decisions in respect of IT and Change. Provide strong subject matter expertise and where necessary train/educate at all levels across the organisation. Assist with ad-hoc investigations and impact assessments. Delivery of fit for purpose assurance methodology, plan and remediation monitoring regime Continually reassess the operational risks inherent in the business taking account of changing economic or market conditions Ensure all internal controls are adhered to Make sure any compliance risks are contained Key Requirements: Extensive experience in the oversight, challenge and assurance of IT Operations and Transformation management at a responsible level within a retail banking or similar regulated environment In depth technical knowledge of IT infrastructure risks, the impact of regulatory requirements and the usage of sophisticated assurance tools Commercial, business focussed with strong judgement and integrity

Operational Risk Consultant-MI Reporting & Systems

Birmingham

£37,000 - £44,000

Our client is a leading bank who are currently recruiting for an Operational Risk Consultant. The role will be responsible for building out and implementing a fit for purpose system for the management of Operational Risk practices. Key Responsibilities: Design, build and implement an Operational Risk MI and reporting suite that is fit for purpose for relevant Governance Committees up to Board level reporting. Maintain and produce regular and ad-hoc Operational Risk MI and reporting. Build out the capabilities of the in-house Operational Risk system and implement and embed for use across the Bank. Implement, administer and monitor information security management and user access control for the Operational Risk System. Provide strong subject matter expertise and design and execute the Operational Risk System training plan to increase operational risk competence at all levels across the Bank. Deliver one off activities and projects to the outcomes and standards agreed with the line manager Key Requirements: Experience in Financial Services industry. Advanced Excel and SQL and database management Strong analytical skills; adept at interrogating complex information to identify cause and effect and deliver accurate business insight and MI.

Risk Manager

Cheshire West and Chester

£42,000 + Benefits

Our client is a leading financial services business who are currently recruiting for a Risk Manager. The role will help develop and maintain an appropriate enterprise risk management framework that supports the achievements of business objectives. Key Responsibilities: Provide leadership to the business, to ensure the business fully understands the risk requirements and regulatory environments. To provide oversight for the Head of Risk that all areas of the enterprise risk framework is appropriately implemented and being adhered to. To challenge and embed a culture of pro-active risk management across the various business functions, and effectively communicate the risk exposure whilst maintaining relationships with senior management. To be an advocate and role model of embedding risk management principles and provide the required control standards for risk at all levels. Facilitate risk workshops with functional and departmental leaders and their teams, and risk workshops relating to projects. Build effective relationships with internal and external stakeholders. Help develop the understanding of enterprise risk within the business. Establish appropriate key risk indicators that help predict future performance. Build and develop an enterprise risk toolbox with process and documentation to support risk assessment, control assessment, and threat assessment at an operational and enterprise level Key Requirements: Experience of delivering or operating within an Enterprise Risk Framework Qualification or professional development in Enterprise Risk Management An understanding of Operational, Financial and Market risks

Senior Operational Risk Manager

Birmingham

£65,000 - £70,000

Our client is a leading bank who are currently recruiting for a Senior Operational Risk Manager. The role will be responsible for providing Operational Risk leadership, maintaining the Bank’s Operational Risk Framework and accompanying standards. Key Responsibilities: Develop end to end Operational Risk Frameworks and lead, drive, influence, monitor and support the implementation and reporting, ensuring that they are fit for purpose for the size, nature and complexity of the Bank and comply with regulatory and legislative requirements. Lead, manage, develop and motivate people in line with the Bank Management Charter to ensure they know what is expected of them, maximise their performance and develop their potential. Lead and deliver an effective independent oversight, review and challenge framework for execution across the business units and support functions ensuring compliance to the Operational Risk Framework. Lead and deliver an effective Operational Risk Training program covering all layers of the organisation. Provide strong subject matter expertise to advise and challenge working closely with the Risk Champions. Lead ad-hoc investigations, internal and external reporting as required. Lead IT and change oversight Operational Risk frameworks and ensure appropriate coverage. Perform gap analysis against industry standards as required and horizon scanning to ensure that new regulation or guidelines are considered for implementation. Lead Internal Capital Adequacy Assessment Processes (ICAAP) for Operational Risk Deliver one off activities and projects to the outcomes and standards agreed with line manager. Key Requirements: Strong and extensive experience at a Senior Operational Risk Manager level, preferably within a retail banking or similar regulated environment. In depth technical knowledge of sophisticated operational risk; identification, assessment and remediation monitoring tools Extensive experience of leading, motivating and developing people/teams

Market Risk Analyst (FRTB)

London

£45,000 - £60,000

I have been engaged by a Big 4 Consultancy to search for a Market Risk FRTB Analyst at all levels. The main role will be advising and assisting clients with the impact of the changing capital requirements framework (‘Basel 4’), with particular focus on the new market risk requirements and quantitative modelling. The individuals will be expected to participate in and lead individual work streams within both market risk and wider risk and capital related engagements. As a member of the banking segment, the individual will also be required to apply their skills to a broad range of banking related issues supporting both UK and Global propositions. The expectation is that the roles will grow over time to provide a balance of quantitative and broader advisory and client facing responsibilities. Qualifications & Skills: Strong knowledge and understanding of market risk frameworks and processes including risk management, product control, capital calculations and product valuations. Proven ability to effectively deliver market risk engagements Detailed working knowledge of FRTB and an understanding of its implications is advantageous. Knowledge and practical experience of all aspects of model development and validation. Strong analytical skills and practical quantitative experience. Ability to communicate and challenge senior management on range of market risk topics. Ability to explain complex technical terms/impacts to a senior non-technical audience. Flexibility and agility to contribute to a broad range of banking risk engagements. Excellent oral / written communication, planning, project management, networking and influencing skills. Flexibility to work across the UK (and internationally) where required. Experience and Background: Extensive Quantitative experience Detailed product/industry knowledge Strong understanding of regulatory reforms impacting financial institutions (specifically, FRTB)

Market Risk FRTB

London

£85,000

Client: Set up, manage and run client engagements ensuring all Risk Management process and procedure is adhered to and project risks and issues are properly identified, managed and escalated . On large scale engagements this may be a supporting role Act as project or work stream lead responsible for shaping the approach to projects, developing work plans, driving execution and delivery of milestones ensuring the right resources are engaged and reporting status against plan Providing subject matter expertise on the operational implications of regulatory and accounting change; Supporting the design / build / implementation of Target Operating Models; Creating and delivering high level presentations, written reports and undertaking analytical exercise; Building and maintaining client relationships. Interacting with current and target clients. Practice: Developing and assisting in the responses to client Requests for Proposals (‘RFP’); Supporting the design and development of thought leadership papers and new methodologies; Contributing to Financial Management knowledge and business development initiatives. People: Performance managing and mentoring team members; Working with integrity and honesty; Being an active role model for junior colleagues. Supplementary responsibilities: Actively seeking new client opportunities and presenting at client pitches. The Person Core / Necessary skills & experience: Strong Banking industry experience, achieved through Line or change roles or consulting within a large Bank. Banking experience may be Retail or Capital Market focused or combination of both as drivers of change in the market place are impacting all Banking business models Excellent understanding of Financial Services business model for banking, broking and trading entities, including products and channels, trade life cycle and front to back business process Proven track record of successful project implementation with strong Project management toolkit including Status reporting, RAID management Business Requirements, Data Sourcing Analysis Accountancy qualification with minimum 3 years post qualified experience or other relevant professional qualification Strong people manager with ability to manage teams effectively and also act as insightful performance manager Good communicator at all levels with clear thinking and articulation Strong analytical, numerical and Microsoft Office skills; Flexible to travel. Additional skills and experience: Finance and Risk function target operating model and framework design and implementation experience Worked on Finance and Risk transformation programs is desirable, in particular FRTB, Basel 4, MiFID 2, IFRS 9 is desirable Good understanding of regulatory landscape impacting Banking sector Banking product knowledge and experience of front to back trade flows, business process and controls Broad understanding of regulatory capital requirements for banks(IB/Retail) Impairment process experience desirable Knowledge of finance and risk data and software systems

Executive Advisor - Credit Modeller (IFRS9)

London

N/A

Job Description: My client is a top four consultancy currently searching for a Credit Modeller with extensive IFRS 9 experience. The Role: Responsibilities: Advising clients on the impact of changing requirements in provision accounting standards (IFRS9) and helping clients validate or build credit risk measurement models. The individual will also be expected to lead the individual workstreams within both IFRS9 and credit risk modelling engagements. The individual will also be required to apply their skills to a broad range of banking risk related issues supporting both regional and national propositions. The Person: Qualifications & Skills: Detailed knowledge and experience in delivering of IFRS9 and credit risk modelling engagements. Knowledge and practical experience in accounting and risk requirements as related to IFRS9. Detailed working knowledge and experience of all aspects of model development and validation including the following: Methodology design Data extraction and pre-processing Modular model development User acceptance testing Model performance assessments Model validation In addition the candidate should be experienced in explaining complex technical terms or impacts to a senior non-technical audience. Ability to communicate risk/finance requirements of IFRS9 to the reciprocal function, i.e. risk to finance and finance to risk. Flexibility and agility to contribute in a senior capacity to a broad range of banking risk engagements. Excellent oral / written communication, planning, project management, networking and influencing skills Flexibility to work across the UK (and internationally) where required Experience & Background: Ability to understand and execute programming code including VBA, SAS, MatLab, C++ etc Relevant Sectoral experience – Developing Retail/ Wholesale banking PD/EAD/LGD models

Executive Advisor - Market Risk Quant (FRTB)

London

£55,000 - £85,000

My client is a top four consultancy currently searching for a Quantitative Risk professional with extensive FRTB experience. The Role Responsibilities: Advising and assisting clients with the impact of the changing capital requirements framework (‘Basel 4’), with particular focus on the new market risk requirements and quantitative modelling. The individuals will be expected to participate in and lead individual work streams within both market risk and wider risk and capital related engagements. As a member of the banking segment, the individual will also be required to apply their skills to a broad range of banking related issues supporting both UK and Global propositions. The expectation is that the roles will grow over time to provide a balance of quantitative and broader advisory and client facing responsibilities. The Person Qualifications & Skills: • Strong knowledge and understanding of market risk frameworks and processes including risk management, product control, capital calculations and product valuations. • Proven ability to effectively deliver market risk engagements • Detailed working knowledge of FRTB and an understanding of its implications is advantageous. • Knowledge and practical experience of all aspects of model development and validation. • Strong analytical skills and practical quantitative experience. • Ability to communicate and challenge senior management on range of market risk topics. • Ability to explain complex technical terms/impacts to a senior non-technical audience. • Flexibility and agility to contribute to a broad range of banking risk engagements. • Excellent oral / written communication, planning, project management, networking and influencing skills. • Flexibility to work across the UK (and internationally) where required. Experience & Background: • Extensive Quantitative experience • Detailed product/industry knowledge • Strong understanding of regulatory reforms impacting financial institutions (specifically, FRTB)

Asset Management Risk Officer

London

£90,000

My client is a big four consultancy searching for A Risk & Capital Management Manager to work closely with Directors and Partners to deliver risk and capital management engagements to investment management clients. Areas of focus include: ICAAP Risk management frameworks Articulation of risk appetite Risk registers Risk and control self-assessments (RCSA) Risk monitoring. The role also includes opportunities to deliver client presentations, contribute to thought leadership, work on business development, assist with project management and coach members of the team. Responsibilities: The successful candidate will have the opportunity to: Deliver high quality risk and capital management engagements to top-tier investment management firms. Know and apply risk and capital management rules and guidance for clients, based on a good understanding of investment management risks. Be seen internally and externally as a technical specialist, providing ongoing support and technical assistance to colleagues and clients, building long-term beneficial relationships. Maintain up-to-date knowledge in areas of specialism and industry trends. Prepare and deliver presentations and seminars on risk and capital management to clients and internally. Assist with the ‘Financial Reporting by Investment Managers’ publication in respect of the ICAAP, including: drafting of survey questions; analysis of responses; identification of trends; report writing; and participating in client meetings to share findings from the publication. Build and maintain a strong network of relationships, for example internally with other risk and capital management specialists in banking and insurance. Take on junior engagement management responsibilities, specifically: internal client and engagement risk management procedures; budgeting; and project management. Example Projects Below are some example projects that we have worked on: Established a risk management framework and risk register for the asset management division of a global investment bank Designed a corporate governance structure and risk management framework for a European financial institution across banking, insurance and investment management Assisted a global investment manager with addressing issues highlighted by the FCA, including helping design and implement a revised ICAAP About You You will have working knowledge of the financial services industry, in particular the investment management sector (including wealth management). You will have experience of working at a consultant, regulator or investment management firm, focussing on operational risk. You will have gained a good knowledge of operational risk management frameworks and practices in investment management and other financial sectors. You will also understand the expectations of the FCA and how this impacts investment management and other financial services firms. You will have had experience with ICAAPs and have a good understanding of CRD IV. You will be able to adapt quickly in a fast-paced environment, taking on new challenges, grasping new technical concepts rapidly, whilst delivering work to a high standard of quality and demonstrating strong attention to detail. You will have some experience managing and mentoring more junior members of staff.

Stress Testing - Advisor

London

£45,000

My client is looking for a highly numerate junior to join their growing stress testing team. Advising clients on the impact of changing requirements in stress testing and helping clients validate or develop stress testing models. You will be conducting technical analysis and report writing for workstreams operating under stress testing engagements. You will also be required to apply yourself to a broad range of banking risk related issues supporting both regional and national propositions. The Person Qualifications & Skills: Demonstrable skills covering the stress testing process, execution and requirements. Working knowledge of a range of stress testing and prudential processes, such as ICAAP, internal stress tests and reverse stress tests. Ability to clearly communicate stress testing requirements and findings in a range of ways, including presentations and written reports. Awareness of stress test modelling concepts and the analytical skills necessary to understand and help develop/validate stress testing models. Excellent Excel skills. Knowledge of programming languages (e.g. VBA, Python, etc.) is also of benefit. Flexibility and agility to contribute to a broad range of banking risk engagements. Excellent communication, planning, project management, networking and influencing skills. Flexibility to work across the UK (and internationally) where required. Experience and Knowledge: Relevant background experience in stress testing, covering the end-to-end process, execution and requirements for best-practice. Awareness of recent stress test results across UK banks subject to stress testing requirements. Knowledge of and experience in Expected Credit Loss accounting standards (IFRS 9) will be beneficial. Experience in modelling techniques, particularly for stress testing, is also of benefit.

Manager/AD Business Modelling Group

London

£45,000 - £75,000

I have taken on a Business Modelling Manager position working for a Big 4 Consultancy based in London or Birmingham. Reporting into the partner you will learn the expertise, tools, methodologies and practical experience to help generate confidence in helping Clients make the most testing decisions. As a Manager/Assistant Director, you’ll provide advice and support on all aspects of business modelling and analysis on these types of project and more to enable better decision making. Responsibilities: As a Manager you will have the opportunity to be involved in a wide range of transactions/projects where you will: Take a lead role in supporting clients throughout decision making processes, using outstanding technical and commercial skills on transactional and strategic mandates Take responsibility for delivering engagements – being primary client relationship holder Possibly be seconded to a client to work directly within their business and report to a senior member of the client's team Work to tight deadlines, adding value on complex, high profile and sensitive projects Take an active role in business development initiatives which could include being closely aligned to industry or sector groups Be expected to be innovative in developing client solutions and also in driving the team’s strategy forwards. To have a broader perspective of potential issues encountered when managing diverse teams and the strategies to overcome them; have a clear understanding of the firm’s commitment to creating a more inclusive culture Qualifications: To qualify for the role you must: Have a proven track record delivering top quality modelling solutions within a project based, client focused environment Experience of building, maintaining and effectively managing client relationships Leadership skills enabling you to become a “partner of tomorrow” Have strong academic achievements including excellent degree and A-level (or equivalent) results Have strong business diagnostic skills and the ability to apply a logical and analytical approach to problem solving Have excellent communication skills (both written and verbal) Have strong excel skills - other relevant technical analytical skills could also be an advantage e.g. VBA, Access, SQL etc ACA Exam qualified (or equivalent), ideally with first time passes, or be able to demonstrate equivalent experience

Prudential Capital Manager/AM

London

£45,000 - £75,000

My Client is a Big 4 Consultancy currently growing it’s Prudential Risk team. Working closely with senior Directors and Partners on projects in World Leading Financial Institutions and Banks. Responsibilities: Advising clients on the impact of the changing regulatory landscapes on their business models and supporting them through that change. Providing regulatory capital and related prudential subject-matter expertise on engagements run by others, in particular to Banking Authorisation projects. Managing and delivering engagements (which might include multi-disciplinary engagements), which would typically include gap analysis, transformational support, remediation, training and authorisation assistance. Developing and maintaining strong relationships with clients and building an external network. Developing and maintaining strong relationships with colleagues and building an internal network. Active mentoring, coaching and development of colleagues. Playing a role in business development for the Regulatory Team and wider business, which might include building of propositions and taking these to market as well as identifying opportunities for on-sell from existing client engagements. Playing a role in research, insight development and knowledge management. The delivery of all client work/internal projects to a high standard. The Person Qualifications and Skills: Knowledge of the PRA’s approach to regulatory capital management, capital reporting and related prudential issues. Knowledge of the PRA’s and the FCA’s Supervisory Frameworks. Regulatory/operational experience of the FCA’s and/or PRA’s requirements covering corporate governance, assurance frameworks, organisational systems/controls and key customer interfaces. The ability to be flexible and work across a number of sectors within the financial services industry. Industry recognised qualification (e.g. CISI, CFA etc.) desirable but not essential. Effective oral and written communicator (the role will involve report writing). Planning and project management skills. Issue identification and problem-solving skills. Proven ability to achieve results, even when faced with obstacles or setbacks. Positive and flexible attitude to work and a willingness to embrace new initiatives. Networking, influencing and stakeholder management. Confident and highly motivated individual. Flexibility to work across the UK (and internationally) where required. Experience and Knowledge: Substantial relevant banking sector experience Experience of prudential regulation, ICAAP preparation, capital regulation and reporting. Experience of working in a professional services firm or in a regulatory environment (eg a regulated firms' compliance department or PRA/FCA). Demonstrable record of project management. Demonstrable record of issue identification and problem solving. Demonstrable record of delivering high-quality outputs on time/within budget. Demonstrable record of balancing commercial and compliance considerations desirable but not essential.