Job DescriptionJob title Senior Manager, Risk and ComplianceTeam Risk and ComplianceBand Band 5Reporting to Financial Risk DirectorManagement responsibility N/A

Purpose of the job

The Senior Manager will support the Financial Risk Director in managing financial risk activities across the British Business Bank (BBB), with particular focus on portfolio reporting and management.

BBB delivers its programmes through delivery partners, which are financial institutions, and which in turn provide funding to SMEs. Programmes cover debt, guarantees and venture capital.

The Risk & Compliance team comprises 3 teams: Financial Risk, Non Financial Risk and Enterprise Risk.

Main duties Lead on portfolio reporting activities within Financial Risk including the reporting received from product

teams and the reporting provided to the Board and Board Risk Committee. Lead on portfolio management activities within Financial Risk including helping to set Risk Appetite

parameters and being part of the portfolio construction and asset allocation process through providing risk input on our investments as part of BBB’s Business Planning process.

Enhance the level of performance and risk analysis by developing new portfolio analytics and metrics and ensure that concentration across various risk dimensions are properly managed.

Work closely with the Transaction Support team within Financial Risk to ensure new investments are within Risk Appetite and to help manage workloads across the broader team.

Collaborate with the quantitative modelling function within the Enterprise Risk team to develop scenario analysis and stress tests for the BBB portfolios to meet internal requirements and to assess the impact of macro-economic scenarios.

Be a partner to the product teams to understand their portfolios and performance drivers and to optimise risk taking.

Keep abreast of portfolio and market developments and in turn assess the potential impact to our total portfolio

Proactively highlight risk issues to the Financial Risk Director, Chief Risk Officer and senior management

Knowledge and experience Strong portfolio management/monitoring and risk reporting skills Experience of managing relationships with product/Front Office teams Experience of assessing/approving lending or investment proposals A good understanding of debt/guarantee and private equity/venture capital products and markets Proficient in Excel, Word and Powerpoint. Knowledge of Bloomberg, Microsoft PowerPivot and VBA would be

beneficial Degree qualified, preferably in Economics, Finance, Mathematics, Statistics or a quantitatively inclined field Relevant professional qualifications (e.g. FRM, CFA, CISI Diploma, CAIA, IMC, ACA, ACCA or CIMA) would be

beneficial

Internal and external stakeholders

Internal stakeholders will predominantly be the product teams and the Board Risk Committees. Role holder will also be expected to liaise with other central functions including Finance and Strategy

External stakeholders – shareholder, relevant professional agencies

Budgets / fund size / scope of investments

N/A

Management responsibility if appropriateOutline the team structure and whether there are any direct reports into this role

The Senior Manager will report in to the Financial Risk Director who reports to the Chief Risk Officer.

Key competencies/behavioursWhat sort of personal traits would you require the ideal candidate to have team wide / companywide? This may be in relation to the Values.

Analytical mindset with a practical approach to problem solving Works well under pressure, managing multiple competing tasks and responding to changing priorities Able to deal with senior management and to communicate messages in a clear and structured manner Able to work both independently and collaboratively in a team setting. Desire to constantly learn and upgrade knowledge base and skillset

QualificationsRequired for the role

Degree qualified or equivalent Proficient in Excel, Word and Powerpoint

Additional / desirable

Microsoft PowerPivot, VBA Bloomberg Relevant professional qualifications

Is this a regulated role? No