Risk Manager

Nucleus Financial

Prudential Risk Manager strengthening capital, liquidity and regulatory risk frameworks at Nucleus, a retirement platform. Leading ICARA, GCLA, stress testing and governance reporting.

Posted 8/22/2026full-timeEdinburgh • 🇬🇧 United KingdomMid-LevelSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in capital and liquidity frameworks, regulatory compliance, and risk assessment methodologies, including ICARA and ORSA. Proficient in financial modelling, stress testing, and stakeholder engagement to drive strategic decision-making.

Highest-signal resume keywords

ICARA ManagementGCLA DevelopmentStress TestingFinancial ModellingRegulatory Compliance

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Financial ModellingStress TestingCash Flow AnalysisForecastingRisk AssessmentLiquidity AnalysisCapital Adequacy AssessmentScenario AnalysisData InterpretationRegulatory Interpretation

Soft Skills

Analytical SkillsCommunication SkillsPlanning SkillsCoordination SkillsStakeholder Engagement

Tools & Technologies

Microsoft ExcelMicrosoft PowerPointFinance Systems

Certifications & Qualifications

Bachelor’s Degree in FinanceProfessional Accountancy QualificationAMCTCFA

Industry Keywords

Prudential RiskTreasuryLiquidityMIFIDPRUUK Solvency IIICARAORSAFinancial ServicesGovernanceRisk Appetite Framework

About the role

Key responsibilities & impact

Coordinate the development, delivery and ongoing enhancement of the Group’s capital and liquidity frameworks and strategic risk assessments, including ICARA, ORSA and Group Capital and Liquidity Assessment
Conduct stress testing and scenario analysis to support business planning, risk identification and regulatory compliance
Manage the end-to-end ICARA process for MIFIDPRU entities, including risk assessments, wind-down analysis, capital and liquidity adequacy assessments, stress testing and governance approvals
Manage development and enhancement of the Group Capital and Liquidity Assessment (GCLA)
Deliver and improve capital and liquidity stress testing, including scenario design, model outputs, outcome analysis and reporting to senior management and governance forums
Identify surplus or constrained liquidity and capital positions at entity and Group level
Work with Treasury and Finance to recommend capital and liquidity optimisation actions
Support development and periodic review of the firm’s risk appetite framework, including quantitative capital and liquidity thresholds
Maintain and enhance the Early Warning Indicator (EWI) monitoring framework
Design, coordinate and facilitate fire drill exercises for recovery and wind-down scenarios
Assess management actions, decision-making triggers and internal escalation pathways
Monitor regulatory developments relevant to MIFIDPRU and the wider prudential landscape
Assess the impact of rule changes on capital, liquidity and risk management frameworks
Enhance MI, dashboards and reporting packs for senior management and governance forums, including GALCO, ERCC and Board
Engage and influence stakeholders across Finance, Treasury, Risk, business functions and leadership
Promote a risk culture supporting awareness, accountability and good customer outcomes
Ensure compliance with the Code of Conduct and demonstrate Nucleus values and behaviours

Requirements

What you’ll need

Bachelor’s degree in Finance, Accounting, Economics, or a related field, professional accountancy qualification or other relevant professional qualification e.g. AMCT, CFA (ideally)
Strong experience in financial services, preferably in a prudential risk, treasury, capital or liquidity role
Proven experience leading or materially contributing to ICARA, GCLA, ORSA, wind-down planning, stress testing or other strategic prudential regulatory deliverable within the Financial Services industry
Strong understanding of prudential regulatory expectations and good industry practice
Experience interpreting financial regulation such as MIFIDPRU, IPRU-INV 5, UK Solvency II, ICARA and capital and liquidity adequacy requirements
Experience in financial modelling, cash flow analysis, forecasting, stress testing and translating complex analysis into actionable recommendations
Strong planning, coordination, senior stakeholder engagement and communication skills
Strong analytical skills and ability to interpret complex financial data
Excellent communication and presentation skills
Proficiency with modelling, finance systems/tools and Microsoft Office such as Excel/PowerPoint
Highly analytical, structured and detail oriented
Proactive, commercially minded and confident working independently while collaborating effectively
Self-starter able to take ideas from concept to execution
Comfortable working flexibly with some time required at the office
Willingness to travel when and where required to Nucleus business locations

Benefits

Comp & perks

The role works flexibly, with some time required at the office
Travel to Nucleus business locations when required
Employee environment where people can make a real difference and be rewarded for their efforts
Celebratory and enjoyable workplace culture
Inclusion and diversity embedded in the company culture
Partnership and collaboration-focused working environment