Director COO Risk

Director COO Risk

Full-Time 84000 - 118125 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead risk management initiatives and collaborate with senior leaders to enhance operational resilience.
  • Company: Join the British Business Bank, a purpose-driven organisation supporting UK businesses.
  • Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
  • Other info: Flexible hours and a dynamic work culture with opportunities for personal growth.
  • Why this job: Make a lasting impact on risk management while shaping the future of the organisation.
  • Qualifications: Significant experience in operational or technology risk within a regulated environment.

The predicted salary is between 84000 - 118125 £ per year.

Location: Sheffield / London / Hybrid Working (Expectation that you will attend an office 2 days per week)

Contract: Permanent

Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)

Salary: Up to £94,500 (Sheffield) / £118,125 (London) depending on experience

Benefits Package:

  • 30 days annual leave plus bank holidays (pro rata for part time), opportunity to buy and sell holiday
  • 15% employer pension contribution, discretionary bonus scheme
  • Flexible working, cycle to work scheme, healthcare cash plan and life assurance
  • Paid voluntary days, maternity, adoption, and shared parental leave
  • Benefits designed to suit your lifestyle - from discounts on retail and socialising, to health and wellbeing, travel, and technology and plenty more

THE ROLE

At the British Business Bank, you will have the opportunity to play a pivotal role in embedding and evolving first line risk management across our Chief Operating Office (COO). Working closely with senior leaders, you will provide strategic direction on risk, controls and operational resilience, helping to ensure our operational, technology, data and change functions deliver against the Bank's objectives within a well-governed risk framework.

As Director of First Line Risk, you will shape the approach to risk management across COO, influencing how risk is identified, assessed, managed and reported. You will partner with senior stakeholders to strengthen risk culture, enhance operational resilience and provide meaningful insight that supports informed decision-making. You will actively assure and oversee the Bank’s material and key control environment from a design and operating effectiveness standpoint. You will also work closely with Risk, Compliance and Internal Audit colleagues, ensuring a collaborative and forward‑looking approach to managing risk across the organisation.

This is an opportunity to make a lasting impact. You will lead the continued development of a first line risk capability that supports operational excellence while enabling the business to achieve its strategic goals. Your work will span operational, technology, cyber, outsourcing and change risk, giving you broad exposure across the COO portfolio and the chance to influence outcomes at executive and Board level.

To succeed, you will bring significant experience in operational, technology or enterprise risk within a regulated environment. You will be comfortable engaging with senior stakeholders, providing challenge and insight, and translating complex risk information into practical recommendations. Most importantly, you will be motivated by the opportunity to help shape the future direction of risk management within a purpose-driven organisation that supports smaller businesses across the UK.

Key Benefits:

  • 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
  • 15% employer pension contribution
  • Flexible working
  • Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
  • Paid voluntary days, maternity, paternity, adoption, and shared parental leave
  • Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more

Director COO Risk employer: British Business Bank

Join a forward-thinking Bank that prioritises local economic growth and offers a dynamic work environment for its employees. With a competitive compensation package, generous annual leave, and a strong focus on employee wellbeing, this role provides ample opportunities for professional development and strategic influence in one of the UK's most vibrant regions. The culture fosters collaboration and innovation, ensuring that you can make a meaningful impact while enjoying a flexible working arrangement.

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Contact Details:

British Business Bank Recruitment Team

We think you need these skills to ace Director COO Risk

Risk Management
Operational Resilience
Stakeholder Engagement
Strategic Direction
Risk Assessment
Control Environment Oversight
Collaboration