Senior Director, Enterprise Risk
1 month ago
Job Purpose
With approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as European credit default swaps.
The Risk Oversight Department of ICE Clear Europe (ICEU) is the independent, second line of defense risk function that develops and manages the enterprise risk framework for identifying, assessing and reporting risks, and performs independent model validation. The department provides oversight and challenge to ensure the effective management of all business, financial and non-financial risks faced by the clearing house, including but not limited to model risk, market, credit, liquidity, investment and operational risks.
The Risk Oversight Senior Director will be a senior member of the Control function within ICEU, and will assist the Chief Risk Officer in the oversight of the risk management practices of ICEU.
The candidate will be responsible for enhancing and executing the operation of ICEU’s risk framework and for the identification, quantification and escalation of risks.
The role has extensive exposure to senior management, and provides a unique platform to leverage a skillset that includes a broad understanding of the risks facing a complex, systemically important financial institution, as well as in depth specific experience of financial derivatives and the risk management and operational processes required to manage them.
Responsibilities
Risk Leadership:
The candidate will assist the Chief Risk Officer to;
- Maintain and enhance the strong, disciplined risk culture within the Risk Oversight Department and more broadly across the Company
- Ensure robust risk management policies, procedures and processes are in place
- Ensure the effective execution of the risk management and governance framework, including the policies and procedures established by the Board
- Act as an adviser to the President and senior management team on risk related matters
- Determine the strategy of the Risk Oversight Department
- Provide support and senior guidance to teams leading the model validations, credit reviews and operational risk assessments
- Lead the team responsible for day-to-day monitoring of risks
- Represent the Risk Oversight Department and/or ICE Clear Europe in engagements with regulators or other external stakeholders
Risk identification, management, monitoring, reporting:
- Develop and maintain the overall risk management framework including ICEU’s Board risk appetite, or specific aspects of it, including setting of risk appetite statements and limits
- Provide input to relevant policies and procedures, including to the policies of the first line functions relating to risk
- Be responsible for the identification, quantification and escalation of risks
- Develop further the monitoring and reporting capabilities covering all risks (financial and non-financial risks)
- Provide views and input on the identification and assessment of new strategic and financial risks
- Providing any ad hoc guidance or assistance to other roles across the Risk Oversight Department as deemed necessary by managers
- Help manage the reporting and escalation of risks to the Executive team, the Board and appropriate Governance Committees.
Risk measurement methodologies, analytics and models:
- Perform qualitative and quantitative risk assessments as challenge to the regular risk measurement and assessment responsibility of the first line functions.
- Develop or manage the development of appropriate methodologies and quantitative tools necessary to effectively monitor and evaluate risks.
Regulation and industry benchmarking:
- Maintain industry awareness, best practice insight and regulatory knowledge with regards to clearing house risk management.
- Will be encouraged to participate in and contribute to industry forums with respect to clearing house risk management standards and regulations
Knowledge and Experience
- Bachelor’s, Master’s or other advanced degree in numerical discipline
- Strong experience in financial services risk management or another relevant assurance or analytical role
- Experience in developing or validating margin models as relevant for clearing houses preferable
- Excellent knowledge of financial markets and derivatives products and markets
- Knowledge of the financial market infrastructure and regulatory environment
- Sound understanding of financial, model and non-financial risks
- Experience with the three lines model
- Very strong verbal and written communication skills, ability to communicate concisely and credibly to senior management and external stakeholders
- Confidence and ability to question / provide challenge to senior members of the first line risk and other business functions if required
- Maturity and self-awareness, ability to listen actively, to build strong relationships and influence at all levels and to create a demand for your expertise
- Strong commercial awareness
- Experience with enterprise risk frameworks desirable
- Experience in a Clearing House or the Clearing business is desirable, but not essential
- Experience of leading teams
- CQF qualification is desirable
Schedule
This role is on-site in our London Office.
-
Senior Director, Enterprise Risk
1 day ago
London Area, United Kingdom ICE Full timeJob Purpose With approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as European credit default...
-
Director of Enterprise Risk Governance
1 week ago
London Area, United Kingdom ICE Full timeAbout the RoleThis is an exciting opportunity to join a leading financial institution as a Director of Enterprise Risk Governance. You will be responsible for maintaining a strong risk culture within our organization and ensuring that robust risk management policies and procedures are in place.
-
Director of Enterprise Risk
1 week ago
London, Greater London, United Kingdom ELP Consult Ltd. Full timeAbout the RoleAs a Director of Enterprise Risk, you will be responsible for leading our enterprise risk management program, ensuring that all trading activities are conducted within our company's risk appetite and regulatory frameworks. You will also collaborate with business units to support new initiatives, ensuring alignment with both company objectives...
-
Enterprise Risk Management Director
2 days ago
London, Greater London, United Kingdom TD Bank Full timeWe are seeking a highly skilled Enterprise Risk Management Director to join our team at TD Bank.This role will require you to lead the implementation of an effective Enterprise Risk Management (ERM) Framework in Europe and Asia Pacific (EAP), aligning with Group requirements.Key responsibilities include:Supporting the development and maintenance of...
-
Senior Director, Enterprise Risk
3 weeks ago
London, United Kingdom ICE Full timeJob Description Job Purpose With approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as...
-
Senior Director, Enterprise Risk
1 day ago
London, United Kingdom ICE Full timeJob Purpose With approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as European credit default...
-
Senior Director, Enterprise Risk
3 weeks ago
London, United Kingdom ICE Full timeJob PurposeWith approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as European credit default...
-
Senior Director, Enterprise Risk
1 month ago
London, United Kingdom ICE Full timeJob PurposeWith approximately 5 million contracts cleared every day across multiple asset classes, ICE Clear Europe is one of the world’s most diverse and leading clearing houses. It provides central counterparty clearing and risk management services for interest rate, equity index, energy and agricultural derivatives, as well as European credit default...
-
Enterprise Risk Manager
3 months ago
London Area, United Kingdom Miryco Consultants Ltd Full timeMiryco Consultants are working with a London Market Insurance company in their search for a skilled Enterprise Risk Manager.This role will be pivotal in identifying, assessing, and managing risks across the organization, ensuring that risk management strategies align with our business objectives. The ideal candidate will have a strong background in risk...
-
Enterprise Risk Manager
3 months ago
London Area, United Kingdom Miryco Consultants Ltd Full timeMiryco Consultants are working with a London Market Insurance company in their search for a skilled Enterprise Risk Manager. This role will be pivotal in identifying, assessing, and managing risks across the organization, ensuring that risk management strategies align with our business objectives. The ideal candidate will have a strong background in risk...
-
Enterprise Risk Manager
3 months ago
London Area, United Kingdom Miryco Consultants Ltd Full timeMiryco Consultants are working with a London Market Insurance company in their search for a skilled Enterprise Risk Manager.This role will be pivotal in identifying, assessing, and managing risks across the organization, ensuring that risk management strategies align with our business objectives. The ideal candidate will have a strong background in risk...
-
Enterprise Procurement
1 month ago
London, United Kingdom Boston Consulting Group Full timeWHAT YOU'LL DO Enterprise Services (ES) was established in 2022 to provide resilient, scalable and cost-competitive services to BCGers around the world. It includes a range of business-critical activities including BCG's Enterprise Procurement & Payables team, which, in conjunction with internal partners, aims to establish and execute best-in-class Supplier...
-
Enterprise Risk Controls Director
2 weeks ago
London, Greater London, United Kingdom S&P Global Full timeS&P Global is seeking a highly skilled and experienced Enterprise Risk Controls Director to join our team. This role will be responsible for managing technology risks and ensuring the integrity of our systems.The successful candidate will have a strong background in technology risk management and governance, with excellent leadership and communication...
-
Risk Profile Reporting Director
2 weeks ago
London, Greater London, United Kingdom Northern Trust Full timeAbout Northern Trust, a Fortune 500 company: Northern Trust is a globally recognized financial institution with over 130 years of experience and more than 22,000 partners. We serve the world's most sophisticated clients using leading technology and exceptional service. Our enduring principles of service, expertise, and integrity guide our actions.The Role:We...
-
Enterprise Risk Management Director
16 hours ago
London, United Kingdom TD Bank Full timeEnterprise Risk Management Director Work Location: London, Royaume-Uni Hours: 35 Line of Business: Gestion des risques Pay Details: We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions,...
-
Enterprise Procurement
4 weeks ago
London, United Kingdom Boston Consulting Group Full timeLocations: London LisbonWho We AreBCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where...
-
Enterprise Procurement
5 days ago
London, United Kingdom Boston Consulting Group Full timeLocations : London Lisbon Who We Are BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and...
-
Enterprise Procurement
4 weeks ago
London, United Kingdom Boston Consulting Group Full timeLocations: London | LisbonWho We AreBCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where...
-
London, Greater London, United Kingdom Director File Full timeJob OverviewWe are seeking an exceptional IT Director to lead our risk management and audit team, driving strategic direction and delivering high-quality work. As a key member of the national leadership team, you will oversee the delivery of complex projects and develop a talented team of professionals.Key ResponsibilitiesRisk Assessment and Planning:...
-
Senior Data Risk Officer
6 months ago
London, United Kingdom Paritas Recruitment - Risk Full timeA major bank are currently seeking a Senior Data Risk Officer to join their London based Risk Department. This specific role will focus on Data Risk and Information Risk, as well as managing BCBS239 PERDARR implementation in the UK Bank. The Senior Data Risk Officer will improve Risk Reporting in the UK Bank to drive Data Compliance across Data Governance,...
