Chief Risk Officer

2 days ago


London, Greater London, United Kingdom Prs For Music Ltd Full time
Job Description

We are seeking a highly experienced and skilled Chief Risk Officer to join our team at PRS for Music Ltd. This is an exciting opportunity to drive the identification and mitigation of risk across the organisation.

The ideal candidate will have full oversight and ownership of operational risk and compliance within the business and business units, maintaining governance by reporting on typical operational risk requirements, frameworks, and regulations. They will ensure that all rules and policies are strictly followed and aligned with the company's overall strategy.

The successful candidate will also have prior experience in enterprise risk management policy definition and management, as well as creation and monitoring of actionable and timed plans. They will be able to demonstrate solid communication and stakeholder management skills, working closely with the PRS Audit Committee, Chief Finance Officer (CFO), and executive leadership team.

Responsibilities:

  • Develop and implement a policy governance framework.
  • Work with the business to implement and maintain a Three Lines of Defence assurance model.
  • Oversee the procurement and day-to-day management of commercial insurance programmes.
  • Lead health checks and deep dive reviews across specific aspects of risk and compliance.
  • Coordinate the delivery of internal audits, ensuring timely execution, reporting, and proactive management of audit findings.
  • Assist management in the visibility of control effectiveness in mitigating risks across key risk categories and lines of defence.
  • Conduct operational effectiveness testing in high-risk areas and processes.
  • Support transformation in streamlining and simplifying processes and controls.
  • Support management in interpreting and implementing risk appetite decisions at a process level.

Requirements:

  • Prior compliance advisory experience preferable within an assurance and regulatory framework.
  • Proven track record of developing and maintaining a risk and assurance framework in a non-regulated industry.
  • Commercially aware with the ability to make robust and accurate business decisions.
  • Ability to build strong relationships with various individuals and business units.

Salary: £60,000 - £80,000 per annum, depending on experience. Benefits: A range of family-friendly leave options, including enhanced maternity and paternity pay, plus a competitive benefits package.


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