Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose: 

To support the Head of Prudential Risk in the day-to-day monitoring and management of prudential risk.

Responsibilities: 

 Capital

• Own the Bank’s Pillar 2a credit stress testing and write the relevant sections of the ICAAP
• Own the Bank’s Pillar 2b credit stress testing to derive the Pillar 2b Credit Risk assumptions

Recovery Planning

• Own the Bank’s Recovery Plan models
• Provide assessment of recovery measures and take into account linkages between the Recovery Plan, the ICAAP, and ILAAP
• Ensure compliance with internal / external policies and definitions and adhere to regulatory requirements

Regulatory Developments

• Follow and analyse prudential regulatory developments and comment on proposed changes

Model Risk Management

• Ensure that all Prudential Risk models are compliant with the Model Risk Management Policy
• Organise workshops in line with the Model Risk Management policy to ensure that the Credit Risk models remain fit for purpose

Skills and Experience sought:

• Detailed understanding of liquidity, capital and recovery planning requirements
• Experience in preparing ICAAP, ILAAP, and RRP documents
• Knowledge of LCR, NSFR, and Liquidity Funding Plan
• Good understanding of stress testing processes and approaches
• Ability to analyse banking products, to identify the key risk factors and develop appropriate stress testing parameters
• Good project management skills
• Attention to detail and a high level of accuracy
• Commercially astute with analytical mind and approach

Technical Knowledge sought:

• Familiarity with the PRA capital and liquidity prudential requirements
• Strong organisation and analytical skills with an attention to detail
• Excellent Microsoft Office skills (Word, PowerPoint, Excel)
• Strong data skills i.e. awareness of system databases and data warehouses and the ability to interact with them via SQL, VBA and/or data visualisation and modelling tools (e.g. Pandas, Power BI etc.)

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• Competitive Salary and Bonus package
• 26 Days Holiday
• 2 Wellbeing Days
• Contributory Pension
• Life Insurance / Income Protection / Critical Illness cover
• Private Medical Insurance
• Season Ticket Loans
• Excellent career development opportunities and where appropriate sponsorship of a relevant qualification

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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