First Line Risk Prudential Planning Analyst

at  The Cumberland

THE VACANCY

Working at the Cumberland, you become part of something special. We’re a Mutual organisation, committed to improving the lives of our colleagues, customers, and community. Our values are incredibly important to us.
We’re on an exciting transformational journey with our people firmly at the forefront of our plans. If you want to work for a team integral in helping to drive cultural change, a team where you can bring your whole self to work bringing your energy and creativity to make a positive difference, then this is the job for you.
We have an exciting opportunity for a First Line Risk Prudential Planning Analyst to join our Treasury team on a fixed term basis for 12 months.
You’ll take responsibility for planning, coordinating requirements and delivery of key Regulatory documents and risk reporting.
You’ll provide support across the CFO line in relation to risk submissions, cascade of risk policy, risk management and integration of Society wide initiatives making the process simple and user friendly.
You’ll also provide challenge and review to the CFO line in relation to planning and risk management.

Main responsibilities include:

• Coordinate planning and resources for key documentation including ICAAP, ILAAP, Recovery Plan and Resolution Pack, Financial Risk Management Policy and the Funding Plan as well as key documents within Finance and Legal as appropriate.
• Manage the Policy attestation process for the key prudential documentation.
• Act as Chair of the Prudential Regulation Working Group.
• Maintenance of the 1st line Prudential Risk Dashboard, ensuring relevant publications are monitored, owners allocated, and actions and timelines agreed.
• Act as the Treasury business partner for regulatory documentation, liaising with other business areas, as appropriate, in the production of key documentation.
• Oversee the production of gap reports, by appropriate SMEs, for all Finance, Group Legal Services (GLS) and Treasury policies and other documents, ensuring timely production prior to submission of such documents.
• Maintain a register of remediation, internal audit, and risk actions, ensuring activities are planned, SMEs engaged such that actions are completed within set timelines.
• Attend the Regulatory Reporting Working Group and manage actions for the Finance function in relation to the embedding of the Regulatory Reporting Policy and Framework.
• Support Treasury, GLS and Finance in the identification and management of operational risks and risk events (and associated reporting).
• Support Treasury, GLS and Finance in the review and maintenance of documented Risks and Controls.
• Coordinates key operational risk management processes for CFO line, e.g. risk incident reporting, collection of risk event data, management of major risk events, completion of management audits and audit action plans, trend analysis.
• Acts as main point of contact for Treasury, GLS and Finance for second line and internal oversight and committee meetings.
• Support Treasury, GLS and Finance in the development and maintenance of the Business Continuity Plan and associated reporting.
• Act as the Change Champion for the Finance function.
• Attend Risk Committees as required, representing CFO line.
• Provide challenge to Finance Leadership Team in relation to risk management.