Company: ABSOLUTE RECRUIT
Job Type: Permanent, FullTime
Salary: £500 - £800 per day
Job Title: ICARA/ILAAP & ICAAP Project Lead
Location: West London (3 days in the office per week)
Contract: 6-Month Interim Contract
Day Rate: £600 - £800 per dayAn established trading and brokerage company, currently undergoing a significant transformation and restructuring, is seeking a qualified ICARA/ILAAP & ICAAP Project Lead to support their finance and risk management transformation efforts. This role will be instrumental in a three-phase, six-month project aimed at enhancing regulatory compliance and strengthening risk frameworks. The successful candidate will work closely with the CFO and Transformation Lead to assess the current state of ICARA/ILAAP and ICAAP processes, develop actionable improvement plans, and oversee the execution of these plans.This position offers a unique opportunity to contribute to a high-impact project within a fast-paced environment, focusing on ICARA/ILAAP and ICAAP, with a specific emphasis on commodities products, k-factors, and regulatory standards.
Project Phases & Key Responsibilities - Phase 1: "As Is" Assessment & Gap Analysis
- Conduct a comprehensive assessment of current ICARA, ILAAP, and ICAAP frameworks and processes.
- Identify gaps in compliance, risk management, and reporting accuracy relative to regulatory standards.
- Document findings and present a detailed analysis to the CFO and transformation team, including areas for improvement and potential risks.
- Phase 2: Planning & Strategy Development
- Collaborate with the CFO and Transformation Lead to develop a strategic plan based on Phase 1 findings.
- Define a roadmap for implementation, outlining key milestones, resource requirements, and timelines.
- Develop a risk-mitigation strategy to address identified gaps and align the project with organizational objectives.
- Phase 3: Execution, Implementation & Training
- Lead the implementation of the strategic plan, ensuring that all regulatory and operational requirements are met.
- Provide hands-on guidance and training to ensure team members understand and can maintain the updated ICARA framework.
- Establish processes for continuous improvement and ensure the ICARA/ILAAP report remains current and in compliance with evolving regulatory requirements.
Essential Qualifications and Skills - Qualifications: ACA, ACCA, CIMA, or equivalent qualification.
- Experience: Demonstrated experience in ICARA/ILAAP and ICAAP projects within financial services, brokerage, trading, or fintech environment will be highly desirable and advantageous
- Technical Skills: Strong understanding of regulatory compliance frameworks, especially relating to ICARA/ILAAP and ICAAP, commodities products, and k-factors.
- Analytical & Problem-Solving Skills: Ability to conduct gap analysis, develop strategic plans, and execute high-quality implementation within tight timelines.
- Project Management: Proven track record of managing complex finance and compliance projects, with an ability to lead teams and influence senior stakeholders.
- Communication & Collaboration: Strong interpersonal skills for effective collaboration with the CFO, transformation lead, and broader finance and compliance teams.
Additional Information
- Working Arrangements: Hybrid role, with three days required in the West London office.
- Contract Length: Initial six-month term with potential for extension based on project progress.
This role offers an exciting opportunity to influence the transformation of finance and risk functions within a dynamic financial services company. Ideal candidates will be hands-on, detail-oriented, and comfortable in high-impact roles within a fast-paced environment.#LI-JM1