Prudential Risk & Reporting Analyst - Europe

The Role

As the Prudential Risk & Reporting Specialist, you will support the key risk management regulatory requirements of the business including ICARA, Risk Appetite and risk reporting to the European Risk and Compliance Committee (ERCC) and legal entity Board Risk Committees. You will work closely with European Risk Business Partners to ensure prudential assessments and governance reporting is timely, accurate and insightful. You will report into the Head of Prudential Risk and Reporting, Europe and work closely with the European Company Secretarial function to facilitate delivery of risk reporting to governing bodies. The role will also include support for initiatives such as emerging and strategic risk, climate risk assessment and TCFD reporting and regulatory change programs.

In this role you will

• Support the annual update of the ICARA Policy, Framework and report delivery, working closely with Finance and Risk Partners to ensure a wholistic ICARA governance process is conducted and documented each year
• Support the ICARA Operational Risk Model (LCP) including model risk policy and documentation. Ensure periodic evaluation is undertaken and any identified issues are addressed
• Support the development of the ICARA document and training for the UK Board annually
• Support the delivery of the Risk Appetite Statements and Framework for Europe, working closely with risk domain specialists such as IT and Finance to ensure appetite is set at an appropriate level, and regularly reviewed (at least annually)
• Work with Risk Business Partners to identify any risks trending "out of appetite" and include in reporting to ERCC and Board Risk committees on a quarterly basis. Work with Risk Business Partners to ensure any "out of appetite" risks have an agreed owner, action plan and target "return to appetite" date
• Support the delivery of risk management reporting to ERCC and Board Risk Committees for VAM and VIUK on a quarterly basis, ensuring reporting is timely, accurate, complete and concise
• Work with Vanguard Europe Company's Secretary to provide any additional ad-hoc materials or address any feedback received from Senior Leaders or UK Directors
• Coordinate closely with Heads of Risk for Ireland and Germany to ensure consistency in governance reporting across Europe
• Support the further development of strategic, emerging and climate risk capabilities for Europe

• Possess knowledge and awareness of the investment industry, risk management practices, and regulatory and/or policy changes
• Track record of timely delivery of reporting to a high standard (e.g. Board-ready)
• Be inquisitive and questioning of the status quo to ensure we always strive to provide clients with the best outcome
• Knowledge of UK and European risk and regulations beneficial

• Vanguard is not offering sponsorship for this position
• This is a hybrid position and would require you to work in the office Tuesday-Thursday