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Interim Chief Risk Officer

British Business Bank plc

London

Hybrid

GBP 80,000 - 120,000

Full time

6 days ago
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Job summary

An established industry player seeks an Interim Chief Risk Officer to lead risk management efforts and ensure strategic oversight. This pivotal role offers the chance to influence the UK economy by managing key risks across various domains, including credit, market, and operational risks. As a member of the Executive Committee, you will present risk strategies to top leadership while fostering a culture of compliance and excellence. The position promises a dynamic work environment where your expertise will contribute significantly to the growth of the organization. Join a forward-thinking team dedicated to supporting smaller businesses and enhancing financial markets.

Benefits

30 days annual leave plus bank holidays
15% employer pension contribution
Flexible working
Cycle to work scheme
Healthcare cash plan
Group Income Protection and life assurance
Paid voluntary days
Maternity, paternity, adoption, and shared parental leave
Lifestyle benefits and discounts

Qualifications

  • Proven experience in risk management across multiple risk classes.
  • Strong understanding of FCA regulatory environment.

Responsibilities

  • Provide strategic leadership and oversight on all aspects of risk.
  • Drive the development and implementation of risk management frameworks.

Skills

Risk Management
Credit Risk
Market Risk
Operational Risk
Financial Crime Risk
Regulatory Compliance
Leadership
Strategic Planning

Education

Experience in Financial Services
Regulatory Experience (SMF16)

Job description

Interim Chief Risk Officer

Application Deadline: 9 April 2025

Department: Risk

Employment Type: Fixed Term Contract

Location: London

Compensation: Competitive depending on experience


Description

Location: Sheffield / London / Hybrid Working (Expectation that you will attend an office 2 days per week)

Contract: Fixed Term Contract – up to 9 months

Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)

THE ROLE

The British Business Bank is a progressive and dynamic government-owned economic development bank dedicated to making finance markets work better for smaller businesses. Independently managed, our remit is to design, deliver and efficiently manage UK-wide smaller business access to finance programmes for the UK government.

In this pivotal role you will provide strategic leadership, direction, management and oversight on all aspects of risk to ensure the Bank meets its objectives and delivers economic impact for the UK and its smaller businesses.

This role offers an exciting and unique opportunity for you as a Risk leader to make a real difference to the UK economy and work at the centre of the small business ecosystem across the full range of capital products. You will be accountable for driving the development and implementation of the risk management and measurement frameworks for all key risks (credit and investment, market, operational, financial crime, reputational, compliance and conduct risks).

This is a high profile appointment where you will, as a member of ExCo, contribute to the growth and development of the Bank, not only as the CRO but on a broad multi-functional level, presenting risk management strategy recommendations to the Executive, Board and Shareholder.

As a risk professional you will have experience and good working knowledge of key risk classes including credit, market, reputational, operational, financial crime, cyber, compliance and conduct risk plus systems to manage, monitor and report on these risks. You will also have experience as a CRO or a senior risk management leadership role within the asset management, investment, or financial services sector.

SMF16 regulatory experience with a strong understanding of the FCA regulatory environment is also required.

Please click on this Job Description to find out more details.

We recruit candidates from a diversity of backgrounds who can bring a wealth of knowledge, experience and ideas from the public and private sectors, and who share a passion for our mission and purpose. We encourage applications from talented individuals from all backgrounds.


Key Benefits
  • 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
  • 15% employer pension contribution
  • Flexible working
  • Cycle to work scheme
  • Healthcare cash plan
  • Group Income Protection and life assurance
  • Paid voluntary days, maternity, paternity, adoption, and shared parental leave
  • Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
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