Toby Reid

Toby Reid Email and Phone Number

Risk Management and Governance @ Bupa
london, greater london, united kingdom
Toby Reid's Location
Bromley, England, United Kingdom, United Kingdom
Toby Reid's Contact Details

Toby Reid personal email

n/a
About Toby Reid

Experienced Risk Professional. 28 years in Financial Services working in a wide variety of roles and at all levels, including key roles at Executive team level. Particular specialism / experience in: change delivery and innovation; strategy development; governance; organisational effectiveness; credit risk measurement and management; financial institutions and traded product credit; prudential regulation. Senior-level experience of interfacing Risk Management with other bank frameworks and functions (finance, restructuring, capital management, technology and data teams). Strong record in establishing priorities when faced with complex challenges, building and maintaining stakeholder confidence and in leading, delivering and contributing to high profile change priorities.

Toby Reid's Current Company Details
Bupa

Bupa

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Risk Management and Governance
london, greater london, united kingdom
Website:
bupa.com
Employees:
21043
Toby Reid Work Experience Details
  • Bupa
    Senior Governance And Risk Manager
    Bupa Jul 2021 - Present
    London, England, United Kingdom
  • Home
    Career Break
    Home Jan 2021 - Jul 2021
    London, England, United Kingdom
    Continuing volunteer roles and undertaking personal development while job searching
  • Deutsche Bank
    Model Risk Workstream Lead
    Deutsche Bank Sep 2020 - Jan 2021
    London, England, United Kingdom
    Leading a workstream as part of a major programme to deliver an enhanced Model Risk framework
  • Bromley Borough Foodbank
    Delivery Coordinator - Volunteer
    Bromley Borough Foodbank Mar 2020 - Sep 2020
    Bromley, England, United Kingdom
    Working with a team of volunteers, I helped to change and deliver the operating model of the Foodbank. Given COVID, people could no longer collect food from one of the centres so instead we switched to delivering across the borough, initially working with some furloughed workers and then with a team of volunteer delivery drivers. Glad to say that as a team we supported a significant number of people when they needed it most.
  • Rbs
    Head Of Risk Strategy And Transformation
    Rbs Apr 2018 - Feb 2020
    London, United Kingdom
    Working directly for the CRO, developing the future strategy for the Risk function, involving a major repositioning / pivot from a near-exclusive identity as a control function to also be a strategic partner to the business.Leading a change delivery team (size varied – c. 25) and partnering extensively with the technology change team. Delivered both mandatory (notably ICB) and discretionary change programmes. Developed the first holistic technology strategy for the function to support prioritisation of funding.Maintained and developed lead role on the innovation agenda for the Risk function, notably process optimisation (including automation), advanced analytics and digitising the risk framework.
  • Rbs
    Chief Of Staff - Risk, Conduct And Restructuring
    Rbs Jan 2017 - Apr 2018
    London, United Kingdom
    Working directly for the Chief Risk Officer to enhance the collective performance and delivery of the Risk and Conduct teams and to develop the future strategy and operating model of the function for the future.Co-sponsor of the programme to design and deliver the Target Operating Model for RCR. Leading the innovation agenda for the function, establishing a small team to catalyse innovative activity. Developed extensive and productive relationships with the innovation network across the Group.
  • Rbs
    Initially Seconded To Be Group Head Of Credit Models, Then Appointed Head Of Risk Analytics & Models
    Rbs Sep 2010 - Jan 2017
    London, England, United Kingdom
    Initially coordinating disparate teams to deliver a major remediation of the wholesale credit model suite, including regulatory approval. In 2013, the multiple teams were centralised and I was appointed in 2014 to head the function. Teams totalled c. 160 people across UK and India that built and maintained models for: credit risk management and measurement; IRB capital; automated credit decisioning; fraud management; economic capital; IFRS 9 provisioning and stress testing. A high-profile role including leading change initiatives that had material impacts on capital requirements, credit risk measures and operational processes. Highly demanding in terms of senior engagement and conflict management. Developed and delivered the Group’s first compliance attestation (for IRB models) and model risk frameworks.Delivered material cost savings by reducing roles as activity declined and transferring roles from London to lower cost onshore sites and by establishing a significant presence in India (Chennai and Gurugram).
  • Rbs
    Deputy Group Chief Credit Officer
    Rbs Sep 2009 - Oct 2010
    London, England, United Kingdom
    Leading wholesale portfolio team (of 9), responsible for oversight and review of the Group’s wholesale credit risk. Leading the development of the Group’s credit risk framework; developed and gained approval for industry standard elements such as single name, industry sector and asset class concentrations. Representing Group CCO in various forums and in engagement with the regulator. Working with other areas of Group Credit Risk and other parts of Risk Management on various initiatives including stress testing and internal capital usage. Aptitude and insight in relation to quantitative risk management recognised by appointment as chair of committees responsible for the review and approval of credit models.
  • Rbs
    Head Of Group Enterprise Risk
    Rbs Feb 2009 - Sep 2009
    London, England, United Kingdom
    Oversight of Group-wide risks that cut across established functional (credit, market, etc.) and divisional lines. Coordination and production of internal and external risk reporting and disclosures.
  • Rbs
    Coo, Group Credit
    Rbs Jul 2008 - Feb 2009
    London, England, United Kingdom
    Supporting the Group Chief Credit Officer on a range of strategic and management initiatives, notably helping to initiate changes to some key credit risk management frameworks in the Group as it started its recovery.
  • Citi
    Chief Of Staff To Regional Chief Risk Officer
    Citi 2003 - 2008
    London, England, United Kingdom
    Supporting the Regional CRO and representing him in various forums. Responsibilities included: preparations of briefings and materials for CRO; review and analysis of regional headcount (approx. 1000) and budget; preparation of risk-related materials for regional senior management and board; participation in regional Basel II project; supporting several organisational redesigns. Maintained effective relationships with regulators (mainly FSA, also US agencies) regarding: ongoing supervisory activity, including inspections; prudential / solvency (Basel II); and crisis-related engagement during 2007/8.
  • Citi
    Head Of European Bank Credit
    Citi 2000 - 2003
    London, England, United Kingdom
    Upon the merger of risk functions in Citibank and SSB, appointed head of a team of 5 (which grew to 11) managing credit exposure to all European bank counterparties – total credit limits of around $ 200Bn. Key initial activities included the integration of exposures and procedures of the legacy organisations. Successful management of the team meant that the portfolio grew with the addition of additional counterparty types and was extremely varied in terms of: geography (including EM interaction); and product. Extensive interaction with management at all levels in Coverage and Product groups.Significant contribution to crisis response after 9/11.
  • Citi
    Credit Analyst
    Citi 1996 - 2003
    London, England, United Kingdom
    Worked with relationship managers, salespeople and traders to manage credit exposure to global bank counterparties – approving incremental exposure; working on non-standard deals; annual reviews and analyses. Covered counterparties across the UK and continental Europe and their subsidiaries globally. Gained additional credit authority over time in recognition of growing ability and experience.
  • Citi
    Internal Auditor
    Citi 1993 - 1998
    London, England, United Kingdom
    Joined as a graduate trainee and participated in audits of various businesses in a variety of countries. As experience grew, took additional responsibility for identifying and discussing issues with management and provided greater support to audit seniors (report writing, audit planning, etc.). During my final year, changed to undertaking development reviews of various systems including the bank’s global credit data warehouse.

Toby Reid Skills

Risk Management Credit Risk Basel Ii Banking Regulatory Capital Regulatory Requirements Governance Stress Testing Regulations Financial Services Enterprise Risk Management Retail Banking Risk Analysis Financial Regulation Management Stakeholder Management Financial Markets Capital Markets

Toby Reid Education Details

Frequently Asked Questions about Toby Reid

What company does Toby Reid work for?

Toby Reid works for Bupa

What is Toby Reid's role at the current company?

Toby Reid's current role is Risk Management and Governance.

What is Toby Reid's email address?

Toby Reid's email address is to****@****rbs.com

What schools did Toby Reid attend?

Toby Reid attended The University Of Sheffield.

What skills is Toby Reid known for?

Toby Reid has skills like Risk Management, Credit Risk, Basel Ii, Banking, Regulatory Capital, Regulatory Requirements, Governance, Stress Testing, Regulations, Financial Services, Enterprise Risk Management, Retail Banking.

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Toby Reid's colleagues are Shiju John, Anna Iwanuch, Shona Thompson Bsc Msc Mrpharms Msc Rn, Jonathan Li, Bryony Crump, Mardi Steven, Chris Bailey.

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