We’re looking for a candidate to fill this position in an exciting company.
In collaboration with the Group Risk Management function, you will be responsible for the development of the UK risk management strategy and risk appetite.
Assist UK ExCO in identifying and assessing risks associated with current and proposed future business activities, including new products, new business relationships and any extension of operations through partnerships or acquisition.
Work with the Senior Management team and provide independent assurance on the key operational risks of the business, partnering the business to address any identified gaps. Active monitoring of key risk indicators against prescribed limits.
Develop a strong and productive working relationship with UK regulators.
Provide early warning, guidance and advice on upstream and regulatory change, assessing the key implications for the business and contributing to and supporting the implementation strategy
Support the business in the development of robust business continuity plans and to provide on-going assurance that these plans are adequate, up to date and are tested
Developing and monitoring the UK risk registers and ensuring agreed controls have been embedded into the business.
Preparation of appropriate reporting to help safely grow the business, inform management decisions and update regulators as appropriate.
Localisation of group risk policies and advising the Board on the company’s risk profile and the suitability of the risk management framework.
Follow-up of outstanding risk issues from internal/external audits or reviews and regulator visits/inspection.
Broad and tenured expertise and experience in managing risk functions in a successful regulated retail banking environment and experience with setting up and managing respective first or second line of defence risk functions.
Knowledge of legislation and regulation relating to financial activities in the UK
Technical background with a strong, independent mind-set ability to create and implement simple, elegant solutions within a short period of time
Passionate about good customer outcomes.
Experience of financial services ExCo participation and broader retail FS strategic leadership