Chief Risk Officer jobs in United Kingdom

This role is part of ExCo and will lead the Risk department. The role covers the principal financial (credit and asset), non-financial and enterprise risks.

This role is considered a Senior Manager Function (SMF) under the FCA Senior Manager and Certification Regime (SMCR).

Responsibilities will include:

• Design and implement the firms enterprise-wide risk management framework in accordance with the companydirection and agreement, ensuring that the framework captures the relevant risks for the firm, including the setting and monitoring of risk appetite
• To lead, develop and maintain an effective resourcing strategy that provides a continuing source of high quality, talented people to meet the current and future demands of the business
• Develops peoples potential and is a good coach. Gives effective individual feedback and is an active listener. Manages and evaluates people in an objective manner. Encourages others by supporting them and celebrating success
• To develop a culture of high performance based on embedded values and behaviours; ensuring that business strategies and processes deliver the capability that is needed to meet its aims and objectives
• Deliver to the firm's governing body the second line oversight of the firm-wide enterprise risk management activity
• Provide assurance to the company Board, and the external regulators that all material risks incurred by the company are appropriately identified, measured and reported and that the systems, controls and delegated authorities for the management of these risks are both adequate and effective.
• Provide assessment on key risks to the CEO, wider company entities and regulators on how risk is being managed in the firm and escalate to the company Board/Group any issue or breach of appetite limit, as required and necessary
• Deliver robust risk information, risk analysis and risk training to members of the firm's governing body
• Report to the firm's governing body on the firm's risk exposures relative to its risk appetite and tolerance, and the extent to which the risks inherent in any proposed business strategy and plans are consistent with the governing body's risk appetite and tolerance. The Chief Risk Officer should also alert the firm's governing body to and provide challenge on, any business strategy or plans that exceed the firm's risk appetite and tolerance
• Provide risk-focused advice and information into the setting and application of the firm's remuneration standards producing an assessment to consider risk adjustments on a biannual basis
• Embed the firms approach to managing the financial risks associated with climate change
• Ensure adherence to UK regulatory requirements, standards & guidelines, including consumer duty
• Ensure that the company adopts Group risk management policies and standards appropriately flexed for the nature of the business
• Develops and promotes a strong risk culture and awareness of risk within the business covering all risk types, laws, regulations and industry trends
• Adhering to our commitment to Consumer Duty ensuring we put our Customers needs first and set higher and clearer standards of consumer protection

What were looking for:

• Significant professional experience of the UK regulatory environment associated with consumer finance/auto finance activities in the UK
• Extensive experience in the automotive finance sector and an ability to extend this to wider consumer finance opportunities
• Previous experience in leading a high performing team to reach their full potential
• Previous experience in risk culture and consumer duty regulation
• Strong focus and market understanding on customer outcomes, operational resilience and credit / residual value, funding / sector
• Experience of working at Board level presenting, facilitating and interacting with the most senior business teams
• Extensive experience of acting as a change agent, leading and managing change programmes and working proactively to make organisational change happen
• Proven ability to establish personal credibility by building and maintaining trust and confidence with management teams and proactively contributing to organisational success