Senior Manager - Prudential and Model Risk - 12 month FTC

About the role Weve recently gained regulatory approval to purchase The Co-operative Bank, and as such we have an exciting opportunity to step into a critical role within our Financial and Model (FaM) Risk Team on a 12-month Fixed Term Contract. This technical position, with no line management responsibilities, offers the opportunity to contribute significantly to the organizations risk management framework and strategy at a critical time. FaM plays a pivotal role as a trusted advisor and critical friend to the business, enabling effective risk-based decisions within a prudential regulatory framework supported by strong governance and controls. It will also involve supporting integration activities and 2nd line oversight of Group liquidity, market, capital and model risks, presenting key findings to Senior Management and Executives. Collaboration will be central as you work closely with the Head of Model Risk Management & Validation, Capital Risk Lead, and Senior Prudential Risk Manager. This role requires a technical, experienced professional with a proactive mindset to support the organization in navigating complex regulatory requirements and ensuring robust risk management practices. Benefits include : 28 days holiday plus Bank Holidays Annual pay review Discretionary bonus scheme up to 20% Buy and sell holiday allowance Personal pension with matched contributions Find out more about the fantastic benefits of joining Coventry Building Society here . We do reserve the right toclosethis advertisementearlyif we receive ahigh volumeof suitable applications. About you: Essential Skills: Qualifications: Youll be educated to degree level (or higher), ideally in a numerate discipline such as Economics, Finance, or Mathematics. Equivalent professional experience will also be considered. Technical Expertise: Youll have a comprehensive understanding of the prudential regulatory landscape. Experience in writing, reviewing, or advising on ICAAPs or ILAAPs, with a strong understanding of stress testing, liquidity/funding, and capital planning. Significant exposure to capital, liquidity, and market risk issues in a banking, regulatory, or professional services environment. Strong knowledge of balance sheet management, including market risk metrics and concepts such as Economic Value (EV), Net Interest Income (NII), Earnings at Risk (EaR), and structural hedging strategies. Strong analytical and problem-solving skills, with a proactive approach to identifying and addressing risks. Excellent communication and collaboration skills, with the ability to engage effectively with stakeholders at all levels. Desirable: Ability to proactively support the business in navigating uncertainty, regulatory change, and complexity. Prior exposure to Advanced Internal Ratings-Based (IRB) models and experience with model validation is advantageous. About us As a mutual, weve always worked together to improve the lives of others. Now one of the largest Building Societies in the UK, over 3,000 of us share that goal, in our branches and Head Office. Our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and total support for our wellbeing. Were serious about equality, of race, age, faith, disability and sexual orientation, but also of personality and the way we think. By being yourself, youll make us stronger. You can build so much more than a career. Come and make a difference in our Society, thats been voted a Great Place to Work by our team. Flexibility and why it matters We understand the need for flexibility, so wherever possible, well consider alternative working patterns.Have a chat with us before you apply to see what the possibilities are for this role. ADZN1_UKTJ

Location: Coventry, GB

Posted Date: 1/10/2025