The responsibilities of the capital planning expert are to:

Capital Planning

• Project capital adequacy based on financial and strategic planning budgets.

• Project capital adequacy on a forward-looking basis under base case and stress scenarios.

• Identify and propose opportunities for capital efficiency and future needs (quantum and type) of capital resources, including, MREL requirements and entity dividend policy.

• Formulate, approve and review stress scenarios and impacts on capital adequacy with internal stakeholders

• Identify drivers of capital adequacy against capital risk appetite metrics.

• Perform impact analysis on capital adequacy against capital planning actions.

• Produce accurate and timely internal presentations.

• Produce detailed documentation to support assumptions, judgements and methodologies used to create forecasting models working with Capital Modelling.

• Contribute to Capital Adequacy Statement and ICAAP exercises.

• Ensure adherence to model governance, model controls and EUC standards.

• Support Recovery and Resolution Plan yearly exercises, for example impact assessment of recovery options and forecast recovery capacity.

Capital Budgeting

• Validate capital requirements under base case and stress scenarios against business plans.

• Calibrate required internal monitoring metrics and thresholds for risk appetite.

Identify and make recommendations where business plans exceed capital risk appetite metrics.