Internal Capital Adequacy Assessment Process (ICAAP) & Capital Management Core Bank Manager

Join us as an Internal Capital Adequacy Assessment Process (ICAAP) & Capital Management Core Bank Manager

• We're looking for someone to help us with the delivery of the Natwest Markets plc (NWM) internal capital adequacy assessment process (ICAAP) and oversight of Natwest Markets NV (NV)
• The daily responsibilities of this role will include the review, challenge and validation of submissions by the relevant participants of the ICAAP
• You'll support the NWM Treasury team in relation to their capital strategy and engage other team members in the management of NWM's and NV's impact on Group capital strategy
• This is an opportunity to take on a role that'll bring a competitive edge to your career profile as you solve new problems and create smarter solutions in an innovative environment

Day-to-day, you'll drive analytical support in risk quantification under pillar 2A and pillar 2B capital assessments and aggregation at our organisation and legal entity level, while managing pillar 2A technical reviews before consolidating the results.

Alongside this, you'll be coordinating pillar 2B capital assessments and buffer calculations, making sure that results are appropriately critiqued and included in ICAAP. You'll also consolidate and edit ICAAP documents while following up with ICAAP stakeholders after the documents' review.

Furthermore, you'll be responsible for:

• Supporting the design, driving the delivery and preparing the documentation for the ICAAPs in line with emerging best practices
• Managing the framework processes and making sure that the tools necessary to identify and control material risks are in place to bring about the capital plans, strategic planning and input into dividend distributions
• Building productive relationships with all ICAAP stakeholders and supporting the head of the team's interactions with Risk, Finance and other business and franchise representatives
• Driving regulatory framework changes relating to ICAAPs, working closely with senior management to introduce methodologies for key specialisms
• Preparing ICAAP communication packs for the board and other stakeholders to drive delivery, documentation and the challenge of methodologies, assumptions, outcomes and implications

To be successful in this role, you'll need to be educated to degree level, or have an equivalent qualification in business, accountancy or management, such as an MBA or ACT. As well as this, you'll need a background in treasury, risk or finance.

In addition, you'll need knowledge of capital management and its alignment to business strategies, capital, methodologies and cross-risk disciplines, including market risk or operational risk. Excellent written skills will also be needed to consolidate and edit ICAAP documents.

You'll also need:

• Experience in risk management within a large financial institution or with a local regulator or consulting firm, with knowledge of risk practices and systems and business management
• An understanding of capital regulations and their impact on ICAAP methodologies and businesses, risk concepts and principles and risk methodologies across all asset classes
• Knowledge of stress testing methodologies that are necessary to produce results
• The ability to simplify complex and conflicting tasks and policy positions, making sure that these are effectively managed and communicated
• Experience of effectively engaging with stakeholders across all risk disciplines, including senior executives and risk subject matter experts and in finance and treasury functions