Prudential Risk Director
Bruin Financial
Ref: 34624
Leading International Fintech seeking a Prudential Risk Director to join their London office.
Key Responsibilities
• Lead the department on Prudential Risks (inc credit, market, liquidity risk)
• Work closely with Finance, Treasury, Credit Risk, and Financial Partnerships to co-ordinate and perform second line oversight including policy guidance
• Oversee the design of risk appetite metrics for monitoring liquidity and capital and monitor their application. To include capital, liquidity, and market risk.
• Monitor overall portfolio credit risk (default probability, stress testing, risk rating distribution, portfolio concentration)
• Partner with the first line to define risk appetite statements and KRIs
• Perform second line oversight of regulatory reporting
• Assess the firm’s risk profile relative to its risk appetite for Prudential Risk, as well as the effectiveness of controls and status of actions required to remediate weaknesses
• Provide written Prudential Risk Oversight summaries for relevant Boards and Committees.
• Manage the relevant portions of the overall Risk Management Framework and Risk Register
Skills/ Experience Required
- 10+ years of relevant Risk experience within financial services
- Experience overseeing Prudential Risks including working with finance on default models and loss provisioning.
- Experience working for a global organization and partnering with colleagues across multiple time zones
- Understanding and experience of payments compliance/ operations/ credit risk management
- People-focused leader with proven ability to build collaborative teams; develop people; and link performance to overall business objectives.
Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination. As a champion of equal opportunity employment we welcome applications from all suitably qualified persons – men and women, people of all ages, sexual orientations, nationalities, religions and beliefs. We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.
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