At a Glance
- Tasks: Lead risk management for a major financial services brand and ensure regulatory compliance.
- Company: Join a large global financial services brand with a strong reputation.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Make a significant impact on risk governance and shape the future of risk management.
- Qualifications: 15+ years in enterprise risk management and SMF 4 accreditation required.
- Other info: Collaborative environment with a focus on developing high-performing risk professionals.
The predicted salary is between 72000 - 108000 £ per year.
Join to apply for the Chief Risk Officer role at Experis UK. My Client, a large global financial services brand, is looking for an experienced Chief Risk Officer on an Interim Basis. This role is Hybrid (3 days onsite) and Inside IR35. Must be SMF 4 accredited.
Responsibilities
- Serve as the FCA‑approved SMF 4, holding personal accountability for the integrity and effectiveness of the UK risk management function.
- Lead the UK Enterprise Risk Management team, providing independent oversight of all key risk types including credit, market, liquidity, operational, conduct, compliance, privacy, model, technology, strategic, and reputational risks.
- Establish and maintain a Risk Governance Framework across the UK’s Issuing and Acquiring Legal Entities, ensuring alignment with global standards and local regulatory requirements.
- Develop and oversee the Risk Appetite Framework, including risk tolerances, escalation thresholds, and metrics for all major risk stripes, in accordance with regulatory expectations.
- Advise and challenge the CEO, Board, and Risk Committee on current and emerging risk exposures, appetite adherence, and mitigation strategies.
- Promote a strong risk culture that emphasises integrity, transparency, and proactive risk management across all levels of the organisation.
- Provide oversight of internal control frameworks, including outsourcing risk, and ensure effective governance through participation in key committees.
- Establish objective processes and controls to validate the accuracy of risk information and analysis provided by business lines for reporting to senior management and the Board.
- Review and approve risk assessments for new products and strategic initiatives, ensuring alignment with the risk appetite and regulatory standards.
- Monitor regulatory compliance with consumer protection provisions, Codes of Conduct, and public commitments, including enhanced disclosures and complaints handling.
- Represent the organisation in regulatory engagements with the FCA, PRA, and other bodies on risk‑related matters, ensuring transparency and responsiveness.
- Collaborate with global and regional CROs and risk stripe leads, supporting consistency of standards and practices across international entities.
- Develop, mentor, and retain high‑performing risk professionals, embedding a collaborative and forward‑looking risk mindset across the enterprise.
Experience and Background
- Must hold SMF 4 Certified.
- 15+ years of senior leadership experience in enterprise risk management, preferably within regulated financial institutions.
- Advanced degree in business, economics, engineering, statistics, or a related quantitative field; professional certifications such as FRM, CFA, are valued.
- Strong business acumen with a risk‑reward control mindset and the ability to balance commercial objectives with sound risk management.
- Deep regulatory expertise, including familiarity with UK (FCA/PRA) and global frameworks (Basel, GDPR, Bank Act).
- Proven track record of regulatory engagement, including presenting risk governance matters to regulators and managing supervisory exams.
Seniority Level Executive
Employment Type Contract
Job Function Finance and Sales
Industry Staffing and Recruiting
Chief Risk Officer in City of London employer: Experis UK
Contact Detail:
Experis UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Risk Officer in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for a Chief Risk Officer role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks and regulatory standards. Be ready to discuss how you've tackled similar challenges in the past, as this will show you're the right fit for the role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. When you find a role that excites you, apply through our website to ensure your application gets the attention it deserves!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and highlight any key points from your conversation.
We think you need these skills to ace Chief Risk Officer in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Chief Risk Officer role. Highlight your experience in enterprise risk management and any relevant certifications like SMF 4. We want to see how your background aligns with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that demonstrate your ability to lead risk management functions and engage with regulators, just like the job requires.
Showcase Your Leadership Skills: As a Chief Risk Officer, leadership is key. In your application, emphasise your experience in developing and mentoring teams. We want to know how you've fostered a strong risk culture and driven performance in previous roles.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensure it gets the attention it deserves. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Experis UK
✨Know Your Risk Frameworks
Make sure you’re well-versed in the various risk frameworks relevant to the role, such as Basel and GDPR. Be prepared to discuss how these frameworks apply to the responsibilities outlined in the job description, especially regarding the Risk Governance Framework.
✨Showcase Your Leadership Experience
With 15+ years of senior leadership experience required, come ready to share specific examples of how you've led teams in enterprise risk management. Highlight your ability to mentor and develop high-performing professionals, as this is crucial for the role.
✨Prepare for Regulatory Engagement Questions
Expect questions about your experience with regulatory bodies like the FCA and PRA. Be ready to discuss past interactions, how you’ve managed supervisory exams, and your approach to ensuring compliance with consumer protection provisions.
✨Demonstrate a Strong Risk Culture Mindset
The role emphasises promoting a strong risk culture. Think of ways you’ve fostered integrity and transparency in previous roles. Prepare to discuss strategies you’ve implemented to encourage proactive risk management across all levels of an organisation.