Company Overview
Join Great British Energy and be part of powering the UK's Clean Energy Future. GBE is shaping the future of the UK's energy landscape, focusing on innovation, sustainability, and impact across large-scale national renewables and local community initiatives. We welcome applications from all backgrounds and ensure reasonable adjustments during the recruitment process.
Job Title and Details
Job Title: Head of Risk
Location: Edinburgh
Reporting to: CFO
Number of Roles Available: 1
About The Role
Great British Energy seeks a Head of Risk to join the GBE Local Directorate Team, contributing to projects, objectives, and wider organisational goals.
Key Responsibilities
* Develop and implement a comprehensive risk management framework aligned with GBE's mandate and investment strategy
* Lead the identification, assessment, and management of risks arising from GBE's investment and financing activity, including equity investments, loans, grants and hybrid instruments
* Own and operate the transaction risk assessment framework, ensuring consistent evaluation of financial, commercial, legal and delivery risks across all deals
* Work with deal teams to ensure appropriate risk mitigations are built into transaction structures
* Coordinate external due diligence with delivery units and scope it appropriately
* Lead assessment and monitoring of financial risks across GBE's portfolio, including credit, market, liquidity, and counterparty exposures
* Advise the investment team & committee in determining appropriate return rates for investments
* Collaborate with Finance colleagues to align risk assessments with financial models, accounting treatments and funding constraints
* Design, implement and maintain GBE's risk management framework, aligned with HM Treasury's Orange Book, and embed a risk-aware culture, ensuring reporting to Audit Committee and Board
* Articulate and embed risk appetite, ensuring transactions and operations are within agreed risk tolerances
* Establish and continuously improve risk policies, systems, and analytics capabilities
* Promote a risk‑aware culture and build a high‑performing risk team with strong collaboration across business units
Qualifications and Experience
* Essential:
* A full financial qualification (CCAB, CIMA, CIPFA or equivalent)
* Significant senior‑level experience in risk management, with a strong emphasis on financial transactions, investments and project finance
* Deep understanding of financial, commercial and counterparty risk
* Experience operating in a high‑governance, committee‑driven environment
* Ability to communicate complex risk issues clearly to senior executives and boards
* Strong judgement and independence, with proven ability to provide constructive challenge
* Desirable:
* Experience in energy, infrastructure, investment or public‑sector financing
* Familiarity with HM Treasury frameworks
* Experience working alongside finance, legal and investment teams on live transactions
* Professional qualification in risk, finance or a related discipline
Personal Qualities
* Takes ownership, shows confidence in decision‑making, and is willing to challenge constructively
* Focuses on delivering meaningful outcomes and making a positive, lasting impact
* Works collaboratively, valuing different perspectives and building inclusive relationships
* Proactive and adaptable, with curiosity to explore new ideas and improve ways of working
* Resilient and resourceful in a fast‑paced environment
What We Offer
* Competitive base salary
* Performance‑related bonus scheme
* Excellent pension scheme
* 4x salary life assurance
* Group income protection
* 38 days annual leave
* Flexible working arrangements
* Ongoing professional development and training
* Supportive, inclusive working environment
Contact
For further information please contact:
Pearse O'Brien
Principal Talent Acquisition Specialist
Application Close Date: 25th May 2026
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