At a Glance
- Tasks: Lead risk and compliance strategies, ensuring regulatory obligations are met.
- Company: Dynamic investment management firm with a focus on innovation and compliance.
- Benefits: Competitive salary, executive perks, and opportunities for professional growth.
- Other info: Collaborative culture with direct access to senior leadership and board members.
- Why this job: Join the executive team and make a significant impact on risk management.
- Qualifications: Extensive experience in risk management and compliance within regulated environments.
The predicted salary is between 100000 - 150000 £ per year.
We are seeking an experienced and commercially astute Director of Risk & Compliance / Chief Risk Officer to lead the second line of defence for a regulated investment management business. This is a senior executive role, reporting directly to the Chief Executive Officer, with a matrix reporting line to the Group Chief Risk & Compliance Officer. The successful candidate will be a key member of the Executive team, providing independent oversight, strategic challenge, and assurance across risk, compliance, and regulatory matters. The role holds SMF16 and SMF17 accountabilities and will work closely with the Board, regulators, and senior stakeholders to ensure the business operates within its risk appetite and regulatory obligations.
Key Responsibilities
- Act as the accountable executive for the second line of defence.
- Set and deliver the Risk and Compliance strategy aligned to business objectives.
- Advise the Executive team and Board on regulatory obligations, risk appetite, and risk management effectiveness.
- Chair the Executive Risk and Compliance Committee and attend the Board Risk & Compliance Committee.
- Regularly attend Board meetings to provide risk and compliance updates and independent challenge.
- Design, implement, and maintain an effective risk management framework aligned with Group standards.
- Deliver a robust annual assurance and monitoring plan covering key risks and regulatory exposures.
- Provide independent second line opinions on material business decisions and change initiatives.
- Oversee product governance, investment management risk, and portfolio liquidity considerations.
- Lead the identification and assessment of regulatory change and support the effective execution of required change.
- Ensure appropriate oversight of key transformation and business change programmes.
- Act as the primary senior contact for the regulator and manage the regulatory relationship.
- Oversee relationships with key external parties, including depositary/custodian, fund administrators.
Risk Director in City of London employer: Davies Group
As a leading investment management firm, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel. Our commitment to professional development is evident through tailored growth opportunities and a supportive environment where innovation thrives. Located in a vibrant financial hub, we offer competitive benefits and the chance to make a significant impact within a collaborative executive team, making us an exceptional employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Director in City of London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Davies Group looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Director in City of London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Davies Group. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Davies Group
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Davies Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
