Job Title: Head of Risk
Location: London
Salary: 125,000 per annum
Overview:
An exciting opportunity has arisen for an experienced Risk professional to join a well-established Bank based in London. The successful candidate will play a crucial leadership role in overseeing the Risk function, ensuring robust risk management practices are embedded across the business, and providing strategic oversight to all risk-related matters.
Key Responsibilities:
* Lead the development, implementation, and maintenance of a comprehensive risk management framework covering all internal and external risks.
* Review, update, and maintain risk-related policies and procedures in line with regulatory requirements and best practices.
* Monitor credit, market, operational, liquidity, and other risks, escalating potential breaches as required.
* Review credit proposals, internal credit rating models, and portfolio risk to ensure alignment with risk appetite.
* Oversee operational risk management processes, including risk registers, incident management, and risk control self-assessments.
* Supervise market risk activities, including daily reporting, breach monitoring, and limit management.
* Ensure regulatory compliance by reviewing risk reporting and adapting practices to meet evolving regulatory expectations.
* Develop and promote a strong risk culture across the organisation, providing training and support to staff where needed.
* Manage and develop a high-performing Risk team, ensuring effective succession planning, coaching, and skills development.
* Collaborate with internal stakeholders, senior management, and regulatory bodies to ensure risk management remains aligned with business objectives.
Skills & Experience Required:
* Extensive experience in a senior Risk Management role within the financial services sector.
* In-depth knowledge of Risk Management frameworks, regulatory requirements, and best practices.
* Sound understanding of UK regulatory landscape specific to risk management.
* Strong analytical, critical thinking, and problem-solving skills.
* Proven leadership and people management experience, with the ability to influence at all levels.
* Excellent communication and interpersonal skills.
* Ability to work strategically while maintaining a hands-on approach.
* Recognised degree or professional qualification in a relevant field.
If you are a motivated Risk professional seeking your next leadership challenge in London, we encourage you to apply. #J-18808-Ljbffr