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This is a highly challenging role within Business Banking Risk, placing the job holder at the leading edge of the management of Business Banking’s Portfolio. The jobholder will work as part of a dynamic team that have responsibility for determining the overall shape of the asset portfolio, ensuring that the chosen strategies optimise the balance of risk and reward and maximize shareholder value. The proactive and innovative risk portfolio management approach adopted informs and drives key business decisions, creating value across the different parts of Business Banking.
Increasingly, Portfolio Management are seeking to actively manage the portfolio and increase the distribution of risk to market investors. This strategy meets a range of business objectives, increasing returns on capital and capital creation, minimising loss volatility and supporting P&L growth.
The Head of Capital Strategy will play a crucial role in driving business strategy through an in depth understanding of the Basel 2 regulations. In particular this will allow the Business Banking Executive to adapt their strategy in order to remain within overall capital budgets, helping determine supporting securitisation and capital management activity. In addition the jobholder must ensure that core risk measures are used, understood and valued throughout the organization.
More specifically the jobholder will:
• As one of the team Heads in Portfolio Management, be responsible for driving activity within the overall team, delivering and evidencing value to the business units • Provide leadership to ensure that the team is proactive and exploits an in depth understanding of the Basel 2 regulations to drive value to the organisation • Be the prime point of contact for technical issues relating to the calculation of regulatory capital on the Business Banking portfolio • Understand and explain the alignment or otherwise of Economic to Regulatory Capital, working closely with Business Banking Finance and Risk • Measure the benefits provided by securitisation and credit risk mitigation proposals • Work with the Quantitative Analytics team to ensure that Regulatory Capital is considered when strategies to optimise returns on Economic Capital are developed • Work closely with the Basel 2 implementation programme to ensure that any compliance gaps are addressed and closed and that business benefits are created from planned improvements • Ensure continued compliance with the Basel 2 regulations, liaising with the commercial, product, risk and back office teams to ensure that changes in business strategy and/or the product offering and portfolio do not jeopardise Basel compliance • Critically review all work produced by the team • Develop individuals within their team and within the wider Portfolio Management function • Ensure effective communication and team working • Work pro-actively with corporate SBUs to shape and define future strategy
If you feel you have the required skills and competencies to achive this high level position, perhaps with a background in banking, insurance, reinsurance, asset management, consultancy or accountancy, please get in touch with us for an informal and confidential discussion. Agy.
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