“Strengthen financial resilience, shape regulatory insight, and drive prudential risk excellence.”
At Castle Trust Bank, we pride ourselves in being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers.
We are seeking an experienced and analytically strong Prudential Risk Manager to lead the development and delivery of the Bank’s prudential risk framework.
This role is based in London or Basingstoke on a hybrid capacity 3 days a week in the office and 2 days at home.
The role and what you’ll lead and deliver:
This is a key role responsible for owning and delivering core prudential documents including ICAAP, ILAAP and Recovery Plan, ensuring governance, regulatory compliance and alignment across capital and liquidity frameworks. You will play a critical role in maintaining the Bank’s financial resilience and regulatory position.
Working closely with Finance, Treasury, Risk and Regulatory Reporting teams, you will provide insight, challenge and coordination across prudential activities, ensuring effective integration of risk, capital and liquidity planning.
Prudential Reporting & Frameworks
- Lead the production of key prudential documents including ICAAP, ILAAP, Recovery Plan and related submissions
- Act as document owner, ensuring governance requirements and regulatory expectations are met
- Co-ordinate the execution of LCP, SEA and other regulatory reporting requirements
- Ensure alignment across prudential frameworks and stress testing outputs
Regulatory Compliance & Horizon Scanning
- Monitor and interpret changes in prudential regulation impacting capital and liquidity frameworks
- Conduct horizon scanning in collaboration with Risk and Compliance teams
- Ensure changes to regulatory interpretations are implemented effectively
- Present updates and insights at governance forums including the Accounting Policy & Regulatory Reporting Committee
Capital, Liquidity & Risk Insight
- Provide prudential risk expertise and challenge across credit, market, liquidity and operational risk assessments
- Analyse capital and liquidity movements under different scenarios
- Co-ordinate the stress testing, scenario analysis and financial projections
- Prepare prudential MI for senior governance forums including Risk Forum and Board Risk Committee
Governance & Controls
- Maintain and enhance the prudential regulatory control framework
- Support the development of reporting systems and internal controls
- Ensure consistency and linkage across capital, liquidity and recovery planning
- Maintain policies and procedures supporting prudential reporting and governance
Stakeholder Collaboration
- Work closely with Finance, Treasury, Risk and Regulatory Reporting teams
- Coordinate prudential inputs across the business to support integrated planning
- Advise stakeholders on prudential risk management and regulatory expectations
What you’ll bring:
Essential
- Strong experience within a financial institution, consultancy or banking environment
- Proven experience supporting or delivering ICAAP, ILAAP and Recovery Plan processes
- Good understanding of capital and liquidity frameworks and banking balance sheet dynamics
- Experience with stress testing, scenario analysis and financial modelling
- Strong analytical and problem-solving capability with attention to detail
- Ability to interpret and apply UK prudential regulation in practice
- Excellent written and verbal communication skills, with the ability to influence stakeholders
Why join Castle Trust Bank?
- Competitive salary
- Performance bonus (based on individual and company performance)
- Generous contributory pension through Hargreaves Lansdown
- Life Assurance
- 25 days’ holiday + option to buy/sell 5 days
- Additional paid volunteering day
- Private healthcare through Equipsme (includes cash back for Dental and Optical treatment)
- Free access to BHSF Rise EAP to support colleague health and wellbeing
- Gym discounts
- Season ticket travel loans (if applicable)
- A supportive, inclusive culture where your work has real impact
Diversity & Inclusion
Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit.
We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contact [email protected].
Caught your attention? If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank – The Place To Work!
Skills Required
- Experience within a financial institution, consultancy or banking environment
- Proven experience supporting or delivering ICAAP, ILAAP and Recovery Plan processes
- Good understanding of capital and liquidity frameworks and banking balance sheet dynamics
- Experience with stress testing, scenario analysis and financial modelling
- Strong analytical and problem-solving capability with attention to detail
- Ability to interpret and apply UK prudential regulation in practice
- Excellent written and verbal communication skills with ability to influence stakeholders
What We Do
Traditional financial service providers are often burdened with costly overheads including expensive branch networks, inflexible technology and huge armies of people. At Castle Trust Bank, we keep our overheads to a minimum and we use savings proceeds to fund our lending solutions. In the past, we offered investment products to our customers which proved very popular. As a bank, we now offer savings accounts, giving our customers the added benefit of FSCS protection for their deposits. Our history means that we have a strong understanding of what our customers need and have built our savings range with those customers and their needs front of mind. In a complex world, we strive for openness and clarity. We place the highest importance on treating our customers fairly not just because it's the right thing to do but because we know that the trust of our customers is crucial to our future success. We recognise that for many mortgage customers, traditional solutions don't cut the mustard. These customers can often have high quality assets but unconventional income and so find it difficult to borrow at reasonable rates and on sensible terms. What experienced buy to let investors need is lending with imagination. They need a lender that recognises cash flow and net worth are not the same thing. They need a lender that is flexible in their approach and makes considered, logical decisions. Castle Trust Bank is that lender. We also offer point of sale finance through our Omni Capital Retail Finance arm. Partnering with retailers nationwide, we support their business by offering finance plans to their customers. OmniPort technology gives retailers paperless credit approval which fits seamlessly with their sales processes and customers can use our dedicated customer portal to keep up to date with their loans
