- Assistant Financial Accountant Tipton
- Tipton & Coseley Building Society in Tipton, , United Kingdom
- jobs
- 1 month ago
jobs description
In this role you will lead the development of the Society’s credit analytics capability, working with both internal and external stakeholders to enable the Society to have a balanced portfolio of forward and backward-looking credit MI. Working with the Director of Risk and Compliance you will focus on the oversight of credit and prudential risk areas, for example: lending policies, Credit Risk Man...agement Framework, ICAAP, ILAAP and the Recovery Plan and Resolution Pack. This is a standalone, hands-on role, ideal for you if you have a strong understanding and experience of credit and prudential risk.In this role you will:• Monitor and develop the Society’s credit analytics capability including: analysis and monitoring of portfolio credit quality; development of loss given default modelling; development of forward looking indicators of stress and credit quality; and analysis of the financial Impacts of climate change on our mortgage portfolios;• Analyse, test and feedback in respect of key regulatory documentation including: ICAAP, ILAAP, Recovery Plan and Resolution Pack, key regulatory returns and operational resilience;• Provide oversight and challenge of the risk appetite, including liaising with first line of defence owners to review risk limits and early warning indicators and review risk policies;• Undertake second line of defence reviews as agreed within the annual risk and compliance plan and undertake asset book deep dives as required, providing reports to executive and Board level committees;• Attend Retail Credit Risk Committee;• Lead the development and delivery of the Green Agenda covering all aspects of the Society, ensuring a sustainable and long-term plan of actions which achieves the Society’s goal of becoming a lower carbon business of the future and ensures continual colleague engagement;• Work with the Director of Risk & Compliance to prepare, review and finalise the Society’s annual corporate insurances renewal.To be considered you will need:• A background in Credit Risk, Finance or Treasury either in a first or second line capacity; • At least 2 years’ recent relevant prudential risk management experience within a similar regulated entity;• Excellent administrative skills and PC skills covering Microsoft Office suite of products, specifically use of Excel;• A good understanding of the regulatory requirements around credit risk management, responsible lending, ICAAP, ILAAP and Recovery Planning;• Strong communication skills, able to deliver second line of defence assessments confidently to the Board, and if required the PRA;• Able to balance a multitude of different tasks and be able to manage your time to ensure delivery of all tasks within agreed deadlines;• To be a self-starter with a desire and ability to demonstrate accountability, go above and beyond whenever necessary, and continually seek to develop your skills and abilities; • A keen eye for detail, producing work to consistently high standards;• A relevant qualification (desirable) and ability to demonstrate relevant continuous professional development; • 5 GCSE’s grade 9-4 (A*-C) or equivalent, including English and Maths.Salary: £38,000-£45,000 p.a. depending on experience and qualificationsHours: Full time, 35 hours per weekApplications: If you would like to apply, please email your full CV with a covering letter indicating your suitability for the role to the Careers mailbox (careers@thetipton.co.uk) by close of business on Wednesday 7th August 2024.To view our Recruitment Privacy Notice, please click here: https://www.thetipton.co.uk/media/jkuhv2zt/privacy-notice-recruitment-v4- 2024-june.pdf
Tipton United Kingdom