Legal Jobs in City of Edinburgh, United Kingdom (Now Hiring) — 90 open — Page 5

About the role

The Prudential Risk Manager is responsible for coordinating the development, delivery and ongoing enhancement of the Group’s capital and liquidity frameworks and strategic risk assessments (Including ICARA, ORSA and Group Capital and Liquidity Assessment).  Within this remit, the role will involve stress testing and scenario analysis to support business planning, risk identification and regulatory compliance. Working closely with Finance, Treasury, Risk and senior stakeholders, the role will help ensure the Group remains financially resilient, well governed and able to support achievement of its strategic objectives.
The Group is made up of entities across three principal regulatory regimes: MIFIDPRU, IPRU-INV 5, and UK Solvency II.

Responsibilities

• Manage the end-to-end ICARA process for MIFIDPRU entities within the group, coordinating risk assessments, wind-down analysis, capital and liquidity adequacy assessments, stress testing and governance approvals.
• Manage the development and ongoing enhancement of the Group Capital and Liquidity Assessment (GCLA), ensuring a robust understanding of group risk and optimisation opportunities.
• Deliver and continuously improve capital and liquidity stress testing, including scenario design, model outputs, analysis of outcomes and clear reporting of results to senior management and governance forums.
• Identify surplus or constrained liquidity and capital positions at entity and Group level, working with Treasury and Finance to recommend optimisation actions where appropriate.
• Support the development and periodic review of the firm's risk appetite framework, including the calibration of quantitative thresholds for capital and liquidity
• Maintain and enhance the EWI monitoring framework, ensuring indicators are calibrated to reflect the risk profile and complexity of the group. 
• Design, coordinate and facilitate fire drill exercises to test the operability of recovery and wind-down scenarios, assessing the effectiveness of management actions, decision-making triggers and internal escalation pathways
• Monitor regulatory developments relevant to MIFIDPRU and the wider prudential landscape, assessing the impact of rule changes on the firm's capital, liquidity and risk management frameworks
• Enhance MI, dashboards and reporting packs for senior management and governance forums, including GALCO, ERCC and Board.
• Proactively engage and influence stakeholders across Finance, Treasury, Risk, business functions and leadership to embed effective prudential risk management and support decision-making.
• Promote and encourage a risk culture that drives awareness, accountability and good customer outcomes across the business.

General

• Take responsibility in everything you do to deliver good outcomes for our customers.
• Positively demonstrate the Nucleus Smart, Heart and Courage values and behaviours. 
• Ensure compliance with Code of Conduct at all times.

 
About you
You will ideally have:

• Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field, professional accountancy qualification or other relevant professional qualification e.g. AMCT, CFA

 
Experience:

• Strong experience in financial services, preferably in a prudential risk, treasury, capital or liquidity role.
• Proven experience leading or materially contributing to ICARA, GCLA, ORSA, wind-down planning, stress testing or other strategic prudential regulatory deliverable within the Financial Services industry.
• Strong understanding of prudential regulatory expectations and good industry practice with experience of interpretating financial regulation e.g. MIFIDPRU, IPRU-INV 5, UK Solvency II, ICARA and capital and liquidity adequacy requirements 
• Experience in financial modelling, cash flow analysis, forecasting, stress testing and translating complex analysis into actionable recommendations.
• Strong planning, coordination, senior stakeholder engagement and communication skills, with the ability to influence across functions.

 
Skills:

• Strong analytical skills and the ability to interpret complex financial data.
• Excellent communication and presentation skills.
• Proficiency with modelling, finance systems/tools and Microsoft Office such as Excel/PowerPoint.

 
Personal Attributes:

• Highly analytical, structured and detail oriented, with the ability to interpret complex financial regulation and explain its practical implications.
• Proactive, commercially minded and confident working independently while collaborating effectively with colleagues and senior stakeholders.
• Self-starter with the ability to take ideas from concept to execution, driving new initiatives forward.

 
You will be comfortable:

• Working flexibly with some time required at the office.
• Travelling when and where required to Nucleus business locations to fulfil your responsibilities.

A little about us
We are the Nucleus Group Services Limited and we help make retirement more rewarding. Here at Nucleus, people come first - whether it’s our colleagues, or the advisers and customers we support, we know that working in partnership and collaboration leads to the best outcomes. Together, we’ve shaped the platform to how it is today. We work hard, and we celebrate hard too.

Our ambition is to create a platform with a difference, putting the customer centre stage meant tearing up the rule book and starting from scratch. We’ve come a long way since then, but our mission remains just as focused. That’s why our culture, values, and social responsibility are things we keep at the top of our agenda – because we know they matter and have a big impact.

Our culture is one of the many things that sets us apart from the pack. We want to have an environment where our people feel that they can make a real difference, know they’ll be rewarded for their efforts and more importantly, enjoy themselves at work.

Are we a perfect match? Check out this video and find out!

Inclusion and diversity at Nucleus
As with most things in life, who cares, wins. We really care about inclusion.

For us it’s not a tick box exercise; inclusion and diversity are embedded in our culture and everything we do. It’s a commercial imperative. It isn’t about being PC. It’s about being future-relevant and durable. We owe it to ourselves and the industry to ensure we are playing our part in creating a fair, balanced and transparent financial services sector.

More diversity means broader experience, a wider set of perspectives and a better collective ability to problem-solve. And it means being more representative of customer groups, which supports areas such as product development.