Assistant Manager Banking Supervision

16 September by Search & Select

Reference ID: 205532
Duration: Unspecified
Salary: To be advised
End Date: 8 Nov 2024

Job Description

Our client seeks an Assistant Manager - Banking Supervision to join their team. Role Profile: To support in the effective supervision of regulated firms, falling under the responsibility of the banking supervision team, in order to reduce threats to regulatory objectives and support sound supervisory practices. Key Responsibilities: Assist with the effective and efficient supervision of a portfolio of regulated banks and any other firms that fall under the responsibility of the banking supervision team. Assist in the delivery of risk based Supervisory Methodology through the preparation of risk assessments and other supervisory activity associated with a portfolio of high, medium, and low impact regulated entities. Provide general administrative support including the maintenance of internal systems and procedures, with a focus on data quality. Prepare for, participate in, and document meetings with regulated firms with support from management. Undertake periodic statistical analysis which will include data collation for external publication. Assist in developing and maintaining systems, procedures and controls. Support the banking supervision team in meeting its divisional objectives. Assist in identifying and assessing potential risk trends and supervisory themes. Participate in supervisory inspections of regulated firms. This includes undertaking appropriate preparation in advance of on-site inspections and completing post-inspection work. Develop and maintain effective stakeholder relationships including individual regulated firms, other regulatory agencies, relevant industry bodies and government agencies. Respond to public enquiries (including complaints against regulated entities in banking supervision) in an efficient, courteous and constructive manner. Assist with the collation and production of regulatory reports on supervisory matters including recommendation papers to be submitted periodically to management or the Board. Contribute to the introduction of new or amended legislation, guidance, policies and procedures to ensure regulatory requirements remain appropriate and comply with international standards. Demonstrate initiative by taking on additional projects/tasks to support the banking supervision team. Comply with the requirements set out in the Staff Handbook and other operational policy and procedures. Maintain and develop a positive professional culture. Key Skills and Qualifications: Holds, is working towards, or willingness to undertake a professional qualification relevant to the financial services industry. Evidence of continuing professional development (CPD).Relevant finance sector industry experience, ideally in banking in an operational, compliance, assurance, risk or audit role. Experience of or ability to take detailed notes/minutes for meetings. Strong organisational skills, including accuracy, attention to detail and record keeping and filing. Demonstrates effective interpersonal, verbal and written communication skills. Strong analytical skills, a flexible attitude and the ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively. Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels includ... If you have the required skills please apply online at searchandselect.com quoting reference number: 15184

Job Posted by Search & Select

searchandselect.com [email protected]
Select House, 1 Upper Church Street, Douglas, Isle of Man, IM1 1EE

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