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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.
Application Deadline: 9 April 2025
Department: Risk
Employment Type: Fixed Term Contract
Location: London
Compensation: Competitive depending on experience
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.