Duties and

responsibilities:

• Senior position responsible for the risk management framework of the Gibraltar Bank and its London Branch, including managing, monitoring and enhancing the framework across all risk aspects - reports directly to the CEO of the Bank in Gibraltar and the Senior Branch Manager in London
• Ensure the risk culture and tolerance of the organisation continues to be aligned to Group parameters to sustain the success and stability of the Bank
• Work alongside senior management in Gibraltar and London to identify potential threats to the businesses and mitigate/control
• Establish effective risk management practices within respective departments including those required to identify, monitor, control and/or mitigate the risks arising out of the business activities
• Primary contact in Gibraltar and London for all risk related matters
• Design, prepare and analyse adequate management information (MI) related to risk management
• Develop risk maps and strategic action plans to help manage key risks and monitor the progress against these plans
• Conduct regular enterprise wide risk assessments (EWRA)
• Maintain the risk inventory up-to-date
• Measure and document the risk appetite statement (RAS) assisting senior management to set the risk tolerance
• Own and enhance the Risk Control Self-Assessment (RCSA) process
• Prepare and submit risk-related regulatory reporting
• Functional management of the Credit Risk function
• Oversight of the effectiveness of the three lines of defence model
• Escalation of identified risks to the relevant governance forum, e.g. Risk Committee, Management Committee, Board of Directors, etc.
• Remain abreast of developments in the industry and issue new guidelines accordingly
• Help shape the future of the business assessing key risks to achieving objectives
• Manage ad-hoc projects where the risk function is the key stakeholder
• Act at all times as a senior manager of the bank as a whole, expanding field of vision and areas of impact beyond risk management
• Communicate directly with regulators and other authorities as appropriate Competencies:
• Excellent and flexible interpersonal, written and verbal communication skills across all levels within an organisation
• A high level of ownership, organisational ability including rapid reprioritisation (where required) and strong stakeholder management skills, to consistently be a sought-after partner.
• Strong organisational and planning skills in a fast-paced environment
• Disciplined approach to ensure integrity and high ethical standards
• Work collaboratively, demonstrating initiative and ownership of tasks and issues
• Excellent time management skills and ability to multi-task and prioritise work
• Attention to detail and problem solving skills - ability to handle complex tasks with confidence and raise and propose solutions for issues as they arise
• Strong IT and presentational skills, including in Word, PowerPoint and Excel
• Committed to ongoing professional development, including staying up to date with matters relevant to your role Cooperation and participation within the bank's committees:
• Management Committees
• Risk Committee KPIs:
• RCSA - timely completion across all business functions including review/challenge of inherent and residual risks with findings reported to the Board and agreed actions tracked
• Credit Risk - function managed effectively and efficiently to ensure credit provision is in line with the agreed risk framework
• Policies and Procedures - ownership of risk-related policies and procedures to ensure standards are met and enhanced in line with internal and external factors Expected requirements for position holder of position:
• In-depth knowledge of the banking industry and relevant regulatory requirements/expectations
• Knowledge across all types of risk management including Financial, Trading Book, Credit (client and non-client), Operational, IT, Conduct & Reputational, Legal & Compliance and Business & Strategy
• Experience working within Private Banking in a senior Risk Management role - ideally in a small to mid-sized organisation and/or a non-UK headquartered organisation operating in the UK would be particularly valuable
• Experience of establishing or enhancing risk management frameworks; including preparation of supporting documentation, e.g. RAS, RCSA, etc.
• Experience of documenting risk management activities in a way that meets regulators' and auditors' expectations
• Ideally held a recognised Senior Manager Function in the UK
• Ability to travel between Gibraltar and London on a regular basis (at least quarterly)