Prudential Risk Specialist

benefits, bonus | Hertfordshire

Job Title: Prudential Risk Specialist

Location: Hertfordshire

Salary: Competitive

Hours: Monday – Friday


  • Discretionary Bonus
  • Pension Scheme
  • Life Assurance 3 x Salary and Group Income Protection
  • Health Care
  • Health Cash Plan
  • 23 days annual leave increasing to 27 days per year
  • Buying and selling of holiday (up to 5 days) per year
  • 1 day’s leave for your birthday
  • Employee Assistance Programme
  • Group Income Protection

About the role

Our client is looking for an experienced Prudential Risk Specialist to work closely with the Chief Risk Officer. You will establish an ongoing second line oversight role for the Society’s prudential risks including capital, credit liquidity, operational and interest risk rate.

Responsibilities for the role of Prudential Risk Specialist

  • Partner with the business areas to ensure that the first line of defence appropriately manage prudential risks including the identification, assessment, measurement, review, monitoring and reporting of risks and issues
  • Delivering the prudential regulation(s) areas such as: ICAAP or ILAAP development, Capital / liquidity/ Operational Risk management
  • Work within the regulatory requirements of CRDIV/CRR2 with the ability to extend this regulatory knowledge to more strategic insight with impact assessments on the Society’s position and capital plans
  • Second line review of capital, liquidity returns and any other relevant report for delivery to the Regulators e.g. COREP/FINREP
  • Development and monitoring for Prudential Risk management for the Board and the Risk Committee(s)
  • Development and monitoring of the Society’s Enterprise Risk Management Framework, Risk Appetite Statement and Risk Policies
  • Maintaining of up-to-date policy and procedures for the governance of Prudential Risk areas
  • Maintaining and monitoring a record of relevant regulations published by the Prudential Regulation Authority and Financial Conduct Authority and any other relevant regulators
  • Work with the Risk team in the development of the Society’s Recovery and Resolution Plan
  • Writing policies in relation to regulatory requirements such as MCOBs, Climate Change, Operational Resilience etc.
  • Ensure all activities meet and integrate with organisational requirements for quality management, health and safety, legal stipulations, environmental policies and general duty of car

Experience required for the role of Prudential Risk Specialist

  • Product, financial, or business operations management experience, ideally with strength in mortgages and saving
  • Direct Risk Management experience, ideally within the Financial Services sector such as Banking, Building Society or credit Unions and/or other regulatory environments, particularly in prudential risk areas is essential
  • FRM, IRM, CFA or CISI Certification is advantageous
  • Proven ability to communicate effectively and to build and maintain relationships with colleagues at all levels across the Society through excellent written and verbal means
  • Excellent attention to detail with the ability to multi-task
  • Excellent technical experience in risk and regulatory areas
  • Strong analytical and problem-solving skills
  • Ability to work as part of a team and independently when required and work under the pressure of tight deadlines

For more information regarding the role of Prudential Risk Specialist please contact us

Stellar Select is acting as an employment agency and is a corporate member of the REC

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days

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