Manager, Profit Resilience Oversight (TSB/0717/106861)

07 Aug 2017
25 Aug 2017
Contract Type
Full Time
Description: Hello, we're TSB, and we're different from other banks. We don't do investment banking, overseas speculation or big corporate finance. We just serve individuals and local business customers - we call it "local banking". Our Manager, Profit Resilience Oversight supports senior manager to provide oversight of the first line's management of Profit Resilience. And deliver independent assurance on key elements of internal and regulatory deliverables including TSB's Strategy, Customer Plans, Change Plan and Medium Term Plan. Key accountabilities: Provide input and content for the high level standards for managing Profit Resilience maintained by the second line, And review the detailed Profit Resilience related policies created by the first line, ensuring they comply with these high level standards and all relevant regulatory requirements. Review elements of the frameworks, and associated reporting, created by the first line to manage Profit Resilience. And contribute to the periodic assurance that they are consistent with the bank-wide Risk Management Framework, provide adequate coverage of all relevant risks and are operating effectively. Review and aggregate first line Profit Resilience reporting. And contribute to the independent second line opinion of this reporting. Provide analysis of proposals relating to to Profit Resilience and contribute to the independent second line opinion of these proposals. This includes, but is not limited to, risk appetite; action plans to reduce profit volatility; risk adjusted pricing; impact assessments / responses to changes in regulation; and coordinating the independent review and opinion of acquisitions and mergers Deliver independent assurance on key elements of internal and regulatory deliverables including TSB's Strategy, Customer Plans, Change Plan, and Medium Term Plan. This involves providing assurance on specific components within each exercise and coordinating / contributing to the overall second line opinion of each exercise. Capabilities: Experience of banking products and services, preferably coupled with appropriate experience working in a specialist function (e.g. Risk, Products or Finance). Analytical capabilities and an ability to develop an understanding of quantitative and qualitative methodologies used in risk assessment. Ability to digest relevant regulations and standards. And to contribute to the internal interpretation and communication around these regulations and standards. Able to understand complex issues, communicate with clarity and influence key stakeholders including Head of functions, Senior Managers and peers. A developing commercial awareness, with an ability to apply wider perspective; understand diverse views and information; and contribute to the development of optimal solutions. Achieving TSB's vision of being different from day one, bringing greater competition and local banking back to the High Street is dependent on our colleagues demonstrating our core values. We will assess and hire individuals who demonstrate and support these values which can be found on our TSB careers site. Job Category: Risk Contract: Full-time