Chief Risk Officer

3 weeks ago


London, United Kingdom British Business Bank Full time

The British Business Bank (BBB) is looking to appoint a new Chief Risk Officer (CRO) to partner with the CEO and Executive team at a time of change and opportunity. This pivotal role provides 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.

We are 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. Our core debt and equity programmes now support over £12.2bn of finance to more than 96,000 smaller businesses, across the whole spectrum, from start ups and scale ups to viable but underfunded. We are also responsible for administering the government’s three Coronavirus loan schemes and its Future Fund, together responsible for delivering £80.4bn in finance to 1.67m 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 (eg financial, operational, fraud and financial crime, etc). 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.

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