Role Purpose
Lead and maintain the organisation's Risk Management Framework, ensuring effective identification, oversight, and management of enterprise, financial, prudential, and operational risks.
Provide independent second-line risk oversight, support regulatory risk requirements, and enable senior leadership and Board to make informed risk-based decisions.
Manage the Risk team and work closely with Finance and Compliance to ensure coordinated risk and control oversight.
Job Description
1. Enterprise Risk Framework Leadership
* Own and continuously enhance the Risk Management Framework (RMF).
* Ensure systematic identification, assessment, monitoring and reporting of risks.
* Embed risk management practices across operational and strategic levels.
* Drive risk culture and first-line accountability.
2. Risk Governance & Appetite
* Maintain and evolve risk policies and supporting standards.
* Ensure risk appetite, limits and escalation processes are clear and applied consistently.
* Provide effective second-line challenge to first-line risk owners.
* Deliver proportionate and commercially aligned governance structures.
3. Prudential & Capital Risk Oversight
* Oversee forward-looking solvency and capital assessments.
* Ensure stress testing and scenario analysis are robust and linked to strategy.
* Provide insight on capital drivers and emerging regulatory developments.
* Support alignment between risk outputs and executive decision-making.
4. Financial Risk & Reporting Oversight
* Provide independent oversight of financial reporting risks and controls.
* Oversee development and effectiveness of financial control frameworks.
* Ensure alignment between finance, capital modelling and risk processes.
* Challenge key prudential and regulatory reporting outputs.
5. Operational Risk & Resilience
* Oversee operational risk framework including risk assessments, incidents and KRIs.
* Strengthen business resilience, third-party risk and information security oversight.
* Ensure frameworks evolve in line with regulatory and operational expectations.
* Mature risk processes within a developing or scaling environment.
6. Executive & Board Reporting
* Deliver clear, forward-looking risk reporting to executive and board forums.
* Highlight emerging risks, trends and management actions.
* Ensure consistency and clarity across governance reporting cycles.
7. Cross-Functional Integration
* Partner closely with Finance and Compliance to ensure coordinated oversight.
* Support Internal Audit planning and regulatory engagement where required.
* Provide oversight of technical risk areas where appropriate.
Person Specification
* Significant senior-level risk leadership experience within a regulated environment.
* Broad expertise across financial and non-financial risks.
* Proven track record of designing, enhancing and embedding risk frameworks.
* Experience partnering with Finance on capital, reporting and controls.
* Strong understanding of prudential, capital or solvency risk concepts.
* Exposure to operational resilience, cyber or information risk (desirable).
* Experience working in scaling, transforming or maturing environments (desirable).
* Prior operational business experience beyond risk roles (desirable).
* Degree qualified or equivalent professional experience.