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Head of risk

Fleet (Hampshire)
Vargo Group
Head of risk
Posted: 18 February
Offer description

Job Description

Job title: Head of Risk & Compliance

Location: At least one day a week in the office in Fleet

Salary: competitive

Status: Full-time

The Head of Risk & Compliance is a senior leadership role responsible for providing independent second-line oversight of the firm's risk management and regulatory compliance. The role supports the sustainable growth of the SME lending and equity investment portfolio and acts as a trusted adviser to the CEO, Board, and Investment Committees.

Key Responsibilities

Own and maintain the enterprise risk management framework, including risk appetite and governance.
Provide independent challenge across credit, portfolio, operational, and strategic risks.
Monitor portfolio performance, concentrations, impairments, stress testing, recoveries, and capital adequacy.
Deliver clear, timely risk and compliance reporting to senior management, committees, and the Board.
Own the compliance framework and regulatory engagement with the FCA (or equivalent).
Act as SMF16 (Compliance) and SMF17 (MLRO), overseeing AML, KYC, financial crime, conduct risk, and data protection.
Manage regulatory reporting, breaches, remediation, and compliance monitoring programmes.
Support new products, funds, and strategic initiatives from a risk and compliance perspective.
Contribute to Management, Risk, and Board Committees.
Build and lead a small, high-performing Risk & Compliance team.
Promote a strong, proportionate risk culture across the business.

Requirements

Senior experience in risk management and compliance within regulated financial services.
Strong background in SME lending, credit risk, or investment environments.
Experience presenting to Boards and senior stakeholders.
Eligible to hold FCA Senior Manager Functions.
Strong knowledge of credit risk, portfolio management, regulatory compliance, and AML/KYC.

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