At a Glance
- Tasks: Lead risk management for innovative energy projects and ensure financial stability.
- Company: Join Great British Energy, a leader in sustainable energy solutions.
- Benefits: Competitive salary, professional development, and a chance to make a real impact.
- Other info: Collaborative culture with opportunities for growth and innovation.
- Why this job: Shape the future of energy while managing risks in a dynamic environment.
- Qualifications: Financial qualification and significant experience in risk management required.
The predicted salary is between 70000 - 90000 € per year.
Great British Energy is looking for a Head of Risk to join our GBE Local Directorate Team. This role will play a key part in contributing to projects, objectives, and wider organisational goals.
Key Responsibilities
- Develop and implement a comprehensive risk management framework aligned with GBE’s mandate and investment strategy.
- Lead the identification, assessment and management of risks arising from GBE’s investment and financing activity, including equity investments, loans, grants and hybrid instruments.
- Own and operate the transaction risk assessment framework, ensuring consistent evaluation of financial, commercial, legal and delivery risks across all deals.
- Work with deal teams to ensure appropriate risk mitigations are built into transaction structures.
- Working with the delivery units, identify where external due diligence is required and ensure that it is appropriately scoped.
- Lead assessment and monitoring of financial risks across GBE’s portfolio, including credit, market, liquidity, and counterparty exposures.
- Advising the investment team & committee in determining appropriate return rates for investments.
- Work closely with Finance colleagues to ensure risk assessments are aligned with financial models, accounting treatments and funding constraints.
- Design, implement and maintain GBE’s risk management framework, aligned with HM Treasury’s Orange Book.
- Embed a risk-aware culture into the organisation and ensure appropriate reporting to Audit Committee and Board.
- Lead the articulation and embedding of risk appetite, and ensure that transactions and operational activities are in line with agreed risk tolerances.
- Establish and continuously improve risk policies, systems, and analytics capabilities.
- Promote a risk-aware culture and build a high-performing risk team with strong collaboration across business units.
Qualifications and Experience
- A full financial qualification (CCAB, CIMA, CIPFA or equivalent).
- Significant senior‑level experience in risk management, with a strong emphasis on financial transactions, investments and project finance.
- Deep understanding of financial, commercial and counterparty risk.
- Experience operating in a high‑governance, committee‑driven environment.
- Ability to communicate complex risk issues clearly to senior executives and boards.
- Strong judgement and independence, with proven ability to provide constructive challenge.
- Experience in energy, infrastructure, investment or public‑sector financing.
- Familiarity with HM Treasury frameworks.
- Experience working alongside finance, legal and investment teams on live transactions.
- Professional qualification in risk, finance or a related discipline.
Personal Qualities
- Takes ownership, shows confidence in decision-making, and is willing to challenge constructively.
- Focuses on delivering meaningful outcomes and making a positive, lasting impact.
- Works collaboratively, valuing different perspectives and building inclusive relationships.
- Proactive and adaptable, with a curiosity to explore new ideas and improve ways of working.
- Resilient and resourceful in a fast‑paced environment.
Head of Risk employer: Great British Energy
Great British Energy is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. As the Head of Risk, you will play a pivotal role in shaping our risk management framework while benefiting from a culture that prioritises professional growth and inclusivity. Located at the heart of the energy sector, we provide unique opportunities to engage with impactful projects that contribute to sustainable development and the future of energy in the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Risk
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Head of Risk role.
✨Ace the Informational Interview
Set up informal chats with professionals already working in risk management or at Great British Energy. This is your chance to learn about their experiences and get insider tips. Plus, it shows your genuine interest in the field and the company!
✨Showcase Your Expertise
When you get the chance to meet potential employers, make sure to highlight your experience in financial transactions and risk management. Bring examples of how you've successfully navigated risks in past roles. We want to see that you can bring real value to the team!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Great British Energy and contributing to our goals.
We think you need these skills to ace Head of Risk
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Risk role. Highlight your experience in risk management, especially in financial transactions and investments, to show us you’re the right fit for our team.
Showcase Your Qualifications:Don’t forget to mention your financial qualifications and any relevant professional certifications. We want to see how your background aligns with the requirements listed in the job description.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to communicate your experience and skills, especially when discussing complex risk issues. We appreciate clarity!
Apply Through Our Website:For the best chance of success, make sure to submit your application through our website. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at Great British Energy
✨Know Your Risk Management Framework
Before the interview, make sure you thoroughly understand risk management frameworks, especially those aligned with HM Treasury’s Orange Book. Be ready to discuss how you would develop and implement such a framework at Great British Energy.
✨Showcase Your Financial Acumen
Prepare to demonstrate your deep understanding of financial, commercial, and counterparty risks. Bring examples from your past experience where you've successfully managed these risks in high-governance environments.
✨Communicate Clearly
Practice articulating complex risk issues in a clear and concise manner. You’ll need to show that you can communicate effectively with senior executives and boards, so consider rehearsing with a friend or mentor.
✨Emphasise Collaboration
Highlight your ability to work collaboratively across different teams, such as finance, legal, and investment. Share specific examples of how you’ve built inclusive relationships and fostered a risk-aware culture in previous roles.
