Chief Risk Officer

Recruiter
Lintel Financial Services
Location
London (Greater)
Posted
17 Mar 2018
Closes
18 Apr 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

About Lintel Bank

Lintel Bank is to become a new UK retail bank which is customer centric and locally based. Lintel Bank will aim to provide the full range of banking facilities over time, but in initially focus on providing current accounts to individuals who come to the UK to live, work, invest or study.

About the Candidate

Leading a team of risk professionals, you will be responsible for oversight of all types of risks.

Chief Risk Officer

· Ensuring that the Governance, Risk, Compliance and Control Frameworks of the Bank are operating effectively and these frameworks are maintained and updated as approved by the Board

· Making operative the risk controls required by the Frameworks to remain within agreed risk appetite

· Compiling, assessing and reporting risk information to the CEO and the Board

· Ensuring that the Bank’s activities comply with relevant legislation and regulation

Responsibilities of Chief Risk Officer, specific responsibilities include:

· Developing, managing and refining qualitative and quantitative risk reporting which meets the needs of the Board, in order to support effective decision making

· Working closely with the CEO, CFO, Chair of the Audit and Risk Committee, other executive and non-executive committee members, senior managers across the business and representatives of the shareholder moulding a high-achieving, well-controlled organisation which can achieve growth targets safely

· Formulating and articulating a coherent risk appetite and infrastructure, including operating and financial models and hiring plans

· Continuously developing, enhancing and embedding the risk framework for managing risks across the institution, ensuring that processes are fit for purpose

· Establishing and maintaining corporate governance systems and committee structures and reviewing and confirming investment processes

· Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework

· Partnering effectively with third parties, regulatory bodies and others, as appropriate and serving as a role model for high personal and corporate ethical values and standards of integrity.

· Providing essential input as a member of senior management and the executive committee and credibly challenging the management of current issues and the development and implementation of strategy

Candidate Requirement:

· Leadership skills, including the ability to manage risk, compliance and control activities in a complex financial operation

· Considerable knowledge and experience of best practice risk management and governance frameworks, methodologies, and emerging practice, in relation to the UK financial services context

· Skilled communicator with the ability to influence and motivate others

· Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution

· Knowledge and understanding of risk control arrangements

· Proven ability to oversee a number of risk types, ideally including credit, market, operational, investment, regulatory and strategic risk and specifically liquidity, concentration and counterparty risk

· Knowledge of regulatory environment and key regulatory regimes

· Significant financial services experience, likely gained within Principal Investment and/or Infrastructure and Project Finance and/or Development Finance

· Understanding of the issues involved in running a business, including the key financial dynamics and drivers

· Understanding of financial and strategic planning

Remuneration

· £100,000- £120,000

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