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Risk Management Executive

2 months ago


South East England, United Kingdom Cameron Kennedy Full time
Risk Director Job Description

Our client, a prominent investment management company, is seeking an experienced Risk Director to join their executive team.

Key Responsibilities:
  • Oversee and manage the company's risk management framework.
  • Identify, assess, monitor, and mitigate risks that could affect the company's ability to achieve its objectives.
  • Ensure the company operates within its risk appetite and complies with regulatory requirements.
  • Develop and implement a comprehensive risk management framework aligned with the company's strategic objectives.
  • Review and challenge the Risk Appetite and Risk Policies, making recommendations to the Board.
  • Establish appropriate risk limits consistent with the firm's Risk Appetite, liaising with the business.
  • Build and maintain an effective second line of defence risk function enabling independent challenge across the business.
  • Conduct regular risk assessments and stressed scenario analyses relevant to the business measuring severity of impact.
  • Establish processes and systems to monitor risks and report to senior management and the board.
  • Stay updated on regulatory changes and ensure compliance with industry standards.
  • Own and maintain the firm's ICARA (Internal Capital Adequacy and Risk Assessment) ensuring heads of departments are instructed and directed to provide timely inputs into the ICARA.
  • Provide risk management training to senior management and ensure it is disseminated to all staff levels across the business.
  • Advise on risk considerations in strategic planning and decision-making processes to ensure the business is aware of any potential impact.

This is a challenging and rewarding opportunity for a seasoned risk management professional with a passion for driving excellence in financial services.

The ideal candidate will have a proven track record of success in senior executive-level risk management and compliance roles within financial services as applied to an investment firm.

They will be fully aware of best practice standards and frameworks that guide and benchmark the company's risk management processes and outcomes.

Extensive experience in implementing key risk management practices, in-depth knowledge of risk management principles, and the regulatory environment in financial services are essential.

Strategic thinking capabilities to align risk management with company goals and put a larger perspective to strategic advantage, taking into account wider industry, global trends or future developments, are also required.

Proficiency in risk management software and tools, thorough understanding of FCA and regulatory requirements for investment firms, and sound commercial acumen and financial management knowledge are necessary.