Job Description
Chief Risk Officer (CRO)
A pivotal role establishing the risk, compliance and governance framework for the next phase of Northern LGPS’s development.
About Northern LGPS
Northern LGPS is a c£70bn pooled investment partnership for the Local Government Pension Scheme, bringing together the investments of Greater Manchester Pension Fund, Merseyside Pension Fund and West Yorkshire Pension Fund.
Building on the foundations of its collaboration over several years, Northern LGPS is now entering the next phase of its development. This phase focuses on establishing an FCA authorised investment management company with a dedicated senior leadership team; strengthening governance and creating a clear operating model to support long-term investment outcomes.
For those joining at this stage, the opportunity is exceptional. These roles offer the chance to shape strategy, set standards and build leadership capability for the long term, working closely with the partner funds, who are both shareholders and clients, Boards and regulators to ensure Northern LGPS continues to evolve as a well-governed, resilient investment organisation.
The role
* Design and implement the risk and compliance framework for a new organisation
* Ensure regulatory expectations are met from inception and as the organisation evolves
* Provide independent, proportionate risk advice to the CEO and Board
* Build and lead the risk and compliance function
* Embed a strong culture of risk awareness, resilience and accountability
* Carry out the SMF 4 role for a c£70bn AIFM with MiFID permissions
About you
* Senior investment professional with deep experience in institutional investment management
* Strong understanding of investment, operational and regulatory risk
* Experience of operating at a senior level in regulated environments and engaging with regulators
* Pragmatic, proportionate approach to risk and control
* Motivated by shaping frameworks rather than inheriting them
How to apply
To apply, please submit your application via LinkedIn.
If you would like an initial, confidential discussion about the role or the wider Northern LGPS project, please contact Paul Battye, Chief Executive and Lead Partner, on 0161 402 0160.
Closing Date for applications is 12 noon on 16th January 2025