Head of Risk

London

Head of Risk

  1. Permanent
£100,000 - £120,000 per annum
BBBH162951

London

The details

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This role will require hands-on development of risk models, policies and processes to provide assurance to the business that the risk framework is operating effectively, and provide appropriate analysis and advice to support effective decision making within the business's risk appetite.

Regulatory Responsibilities:

The Head of Risk will be an approved person for the purposes of the Pension Regulator and you will need to satisfy TPR's competency and fit and proper requirements. The Head of Risk will be the person responsible for overall risk management within the business.

Key Responsibilities:

  • Protect the members of the business's pensions trust
  • Protect the people, value and reputation of the business
  • Help define an appropriate and healthy risk culture and work to embed this within the business
  • Develop and articulate risk strategy and risk appetite
  • Develop, implement and manage the business's risk management framework with appropriate controls and mitigation
  • Ensure that the business maintains an appropriate balance between risk and reward
  • Support the Chair of the Risk Committee to ensure the smooth running of the forum in line with its terms of reference and define/maintain appropriate MI to ensure effective risk oversight
  • Be pragmatic in working beyond defined processes to engage senior risk owners, ensuring that the accountability and ownership of both risks and actions are both defined and aligned to the organisation's strategy
  • Proactively provide risk management advice, identifying emerging risks and advising the Board and senior management on appropriate risk management options
  • Create strong relationships internally and collaborate proactively with all functions
  • Build risk and control awareness by helping senior managers embed robust risk management across all areas of the business
  • Build and maintain good relationships with external 'risk' service providers such as fiduciary managers and auditors

What you'll need:

  • Qualified chartered accountant (UK or equivalent jurisdiction), qualified actuary (FIA) or qualified lawyer
  • Risk management qualifications (desirable but not essential)
  • Relevant undergraduate degree
  • 10+ years' experience
  • Broad expertise and experience in a financial services risk function
  • Experience of setting up and managing first and/or second line of defence risk functions
  • Designed and embedded an effective risk management framework/risk strategy
  • Established key processes and controls
  • Understanding of financial and non-financial /operational risk
  • Financial Services (essential)
  • Pensions and or Life Insurance

Attributes:

  • Strategic Thinker
  • Delivery orientated and result-focused- comfortable working at senior/executive levels. Willing and able to manage up as well as down
  • Numerate with appropriate quantitative skills
  • Driven self-starter with strong analytical and communication skills
  • Good planning and organisational skills, with excellent attention to detail
  • Able to thrive in a demanding environment with tight deadlines
  • Ability to deliver own work with initiative, and minimal direction
  • Understands and welcomes the challenge of being part of an early-stage venture
  • Willing to engage with both the hands on and strategic aspects of the role
  • Comfortable with change
  • Embraces learning and innovation
  • A passionate problem solver
  • Genuine interest in improvement and a dissatisfaction with mediocrity
  • A self-starter, able to work unsupervised but who welcomes the shared benefit and responsibility of teamwork
  • An open communicator who is comfortable taking credit for success and responsibility for mistakes

If this sounds like you, please submit your applicantion today! Or email james.flood@markssattin.com

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