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For Companies At a Glance
- Tasks: Lead the development of a cutting-edge risk framework for a top UK investment bank.
- Company: Join a respected UK investment bank focused on Fixed Income, Cash Equities, and ETFs.
- Benefits: Enjoy a blank-slate opportunity with no red tape and direct visibility at the executive level.
- Why this job: Shape the future of risk management while making a real impact in a dynamic environment.
- Qualifications: 10+ years in UK financial risk management with strong leadership experience in regulated settings.
- Other info: Work closely with the CEO and Board, influencing key business strategies.
The predicted salary is between 72000 - 108000 £ per year.
We’re looking for an experienced Chief Risk Officer to lead the development and execution of a best-in-class risk framework for a respected UK investment bank. This is a rare opportunity to take ownership of a core business function and rebuild from the ground up — with strong board-level backing and the scope to make real impact.
The Opportunity
As CRO, you’ll oversee all aspects of the firm’s risk landscape — with a primary focus on Market Risk. You’ll report directly to the CEO and into the Board, working closely with the management team and NEDs to align risk strategy with business objectives. Any exposure to Fidessa risk system would be advantageous. We’re looking for someone confident in leading a function in a trading-heavy, UK-focused environment.
Your Responsibilities
- Strategic Leadership
- Own and implement the company-wide risk management framework, policies, and controls.
- Align the risk appetite with business growth plans and strategic priorities.
- Provide regular risk reporting and insight to the CEO and Board.
- Lead the identification, assessment, and mitigation of key risk types: market, operational, liquidity, credit, and compliance.
- Oversee stress testing, capital adequacy assessments, and risk input into new business lines.
- Support risk system improvements and drive real-time capability where possible.
- Partner with the CCO and act as a senior liaison with the FCA.
- Help oversee CASS processes and remediation alongside the Operations Director.
- Lead and develop a lean but high-performing Risk & Compliance team (1 direct report to start).
- Champion a strong, enterprise-wide risk culture while maintaining independent oversight.
What You’ll Need
- 10+ years of progressive experience in UK financial risk management.
- A proven background in Market Risk.
- Track record of leadership in regulated environments – CRO, Deputy CRO or equivalent level.
- Understanding of Fixed Income and Cash Equities; ETF exposure a plus.
- Strong communication skills with the ability to influence senior stakeholders and regulators.
Why This Role?
- Blank-slate opportunity to shape, embed and add value.
- Visibility at the top – work directly with the CEO, GC, CFO, and a risk-savvy NED.
- No red tape – you’ll have freedom to make real changes without the bureaucracy of a global institution.
- UK-centric focus – no global markets experience required.
Seniority level: Director
Employment type: Full-time
Job function: Finance and Accounting/Auditing
Industries: Investment Banking
Chief Risk Officer - Investment Bank employer: Alan Mitchell
Contact Detail:
Alan Mitchell Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Risk Officer - Investment Bank
✨Tip Number 1
Network with professionals in the investment banking sector, especially those who have experience in risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in market risk.
✨Tip Number 2
Familiarise yourself with the specific risk systems used in the industry, particularly Fidessa if you can. Understanding how these systems operate will give you an edge in discussions during interviews and demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in regulated environments. Be ready to share examples of how you've successfully aligned risk strategies with business objectives in previous roles.
✨Tip Number 4
Research the current risk landscape within UK investment banks. Being knowledgeable about recent regulatory changes and market conditions will help you articulate your vision for the risk framework during interviews.
We think you need these skills to ace Chief Risk Officer - Investment Bank
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in UK financial risk management, particularly in Market Risk. Use specific examples from your career that demonstrate your leadership skills and ability to influence senior stakeholders.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and outline how your background aligns with the responsibilities of the Chief Risk Officer position. Mention your experience with risk frameworks and any exposure to Fidessa risk systems.
Highlight Relevant Achievements: When detailing your work history, focus on achievements that showcase your ability to lead risk management initiatives. Include metrics or outcomes that illustrate your impact on previous organisations, especially in regulated environments.
Prepare for Interviews: Anticipate questions related to strategic leadership and regulatory compliance. Be ready to discuss how you would align risk appetite with business growth plans and provide insights into your approach to building a strong risk culture.
How to prepare for a job interview at Alan Mitchell
✨Understand the Risk Landscape
Familiarise yourself with the specific risk types relevant to the role, especially Market Risk. Be prepared to discuss your experience in identifying and mitigating these risks, as well as how you would align the risk appetite with business growth.
✨Showcase Your Leadership Experience
Highlight your previous leadership roles, particularly in regulated environments. Discuss how you've successfully led teams and implemented risk management frameworks, demonstrating your ability to influence senior stakeholders.
✨Prepare for Strategic Discussions
Since this role involves working closely with the CEO and Board, be ready to engage in strategic conversations. Think about how you can contribute to aligning risk strategy with business objectives and be prepared to share your insights on industry trends.
✨Demonstrate Communication Skills
Effective communication is key in this role. Practice articulating complex risk concepts clearly and concisely, as you'll need to convey important information to both technical and non-technical stakeholders.
