Head of Prudential Risk & Compliance

Our client is seeking a Head of Prudential Risk & Compliance to lead their firm-wide oversight and strategy for prudential risk and compliance. This is a second-line perspective role that involves taking a lead role on PRA Regulatory Affairs. Our client is a digital challenger to banks, and their goals are to become a bank that customers love, develop sustainable products, and earn an outstanding reputation.

Responsibilities:

• Lead on the firm-wide Prudential Risk and Compliance strategy and oversight from a second line perspective.
• Maintain and manage a ‘business partner’ relationship with the first line, including overseeing, challenging and adding value to matters related to Prudential Risk and Compliance.
• Lead and drive the PRA Regulatory Affairs strategy, including interfacing with the PRA as required, and ensuring a positive regulatory relationship.
• Own the review/oversight/further development of the relevant Enterprise Risk Management Framework risk registers as well as production of MI and reports.
• Attend the Credit Committee and ALCO, as well as relevant Working Groups, and report key findings to the CRO and the wider Risk& Compliance function.
• Undertake Prudential Risk related thematic risk assessment and lead the development of the Financial Risk from Climate Change Framework.
• Own the ‘Prudential Compliance’ risk register and help with the review and further development of other relevant Enterprise Risk Management Framework risk registers.

Requirements:

• Deep subject matter expertise on prudential risk and compliance matters, especially on Capital and Prudential Regulation.
• Experience of interfacing with regulatory bodies as well as presenting to Board/Executive level committees.
• Been operating independently to a ‘Head of’ standard.

Benefits:

• Competitive basic salary.
• 7.5% of salary in cash allowing you the flexibility to decide your own benefits (or simply take the cash).
• 26 days’ holiday increasing each year of service to 33 days.
• Ability to buy and sell a further 5 days holiday each year.
• Flexible working.
• Great location by Borough Market and London Bridge.
• 4 x Life Assurance.

Our client is looking for a dynamic and proactive individual who loves being the expert in their field and working collaboratively. You will play a crucial role in helping the client become a specialist bank within the SME space. You will develop extensive experience working closely with Senior Stakeholders across the business on our journey to becoming a bank, commercial awareness and understanding of the SME banking market and fintech space.