At a Glance
- Tasks: Lead and enhance the risk management framework in a dynamic Prime Brokerage environment.
- Company: Join a fast-growing SME Prime Brokerage firm based in London with a strong reputation.
- Benefits: Enjoy hybrid work flexibility, competitive salary, and bonus opportunities.
- Other info: We value diversity and inclusivity, welcoming candidates from all backgrounds.
- Why this job: Shape the firm's risk strategy while collaborating with top leadership in a pivotal role.
- Qualifications: Extensive experience in risk leadership, particularly in prime brokerage or equities.
The predicted salary is between 150000 - 175000 € per year.
Are you a senior risk leader with deep knowledge of equities and regulatory risk frameworks, ready to step into a top-tier role at a fast-growing Prime Brokerage? We are working with an ambitious SME Prime Brokerage firm based in the heart of London, looking to appoint a strategic and hands-on Chief Risk Officer (CRO) to lead their risk function. You will be joining a highly collaborative leadership team at a pivotal time in their growth, with the opportunity to shape and drive the firm's entire risk management framework across market, credit, operational, and prudential risk in a regulated and agile environment.
Key Responsibilities:
- Build, enhance, and lead a comprehensive risk management framework
- Provide 2LoD oversight, offering challenge and direction on risk appetite and strategic decisions
- Oversee ICARA and MIFIDPRU8 regulatory obligations and prudential risk disclosures
- Act as primary liaison with the regulator (FCA) on risk-related matters
- Chair the Risk Committee and contribute to board-level reporting and strategic risk guidance
- Regularly deliver KRI reports, support internal education on risk, and mentor a growing team
- Ensure full integration of legal, reputational, credit, market, and operational risk into business processes
- Support new product approvals, ensuring adequate risk identification and controls are in place
- Represent the firm in external meetings from a risk leadership perspective
What We’re Looking For:
- Extensive experience as a Head of Risk or CRO, ideally within prime brokerage or equities-heavy firms
- Solid understanding of Margins/Margining Frameworks
- Strong working knowledge of TRS, options, futures, and structured products
- Proven experience engaging with Board Committees and regulators
- Solid understanding of prudential frameworks, Market risk, and risk-based capital regimes
- A collaborative leader able to manage and grow high-performing risk teams in a regulated environment
Why Join?
- Join a growing and ambitious SME broker with a strong reputation in the equities space
- Work at the strategic level with the C-suite and Board
- High-impact, visible role with full ownership of the firm's risk strategy
- Hybrid flexibility (3 days in the office, 2 days remote)
- Competitive salary: £150,000-£175,000 + bonus
At Inventum, we are committed to equity, diversity, and inclusion. We welcome candidates from all backgrounds and are proud to promote fair, inclusive, and accessible recruitment processes. Inventum Group is acting as an Employment Agency in relation to this vacancy.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Risk Officer (CRO) in City of London
✨Tip Number 1
Network with professionals in the prime brokerage and risk management sectors. Attend industry events, webinars, or conferences where you can meet potential colleagues or mentors who can provide insights into the role and the firm.
✨Tip Number 2
Familiarise yourself with the latest regulatory changes and frameworks relevant to the role, such as ICARA and MIFIDPRU8. Being well-versed in these areas will demonstrate your commitment and expertise during discussions.
✨Tip Number 3
Prepare to discuss your previous experiences in leading risk teams and engaging with Board Committees. Highlight specific examples where your leadership made a significant impact on risk management strategies.
✨Tip Number 4
Research the firm’s current risk management practices and identify areas for improvement. This proactive approach will not only show your interest but also your strategic thinking capabilities when you engage with the interviewers.
We think you need these skills to ace Chief Risk Officer (CRO) in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your extensive experience in risk management, particularly in prime brokerage or equities-heavy firms. Emphasise your leadership roles and any specific achievements related to regulatory frameworks.
Craft a Compelling Cover Letter:In your cover letter, express your passion for risk management and detail how your background aligns with the responsibilities of the Chief Risk Officer role. Mention your experience with ICARA, MIFIDPRU8, and liaising with regulators like the FCA.
Showcase Relevant Skills:Clearly outline your understanding of margins, margining frameworks, and structured products. Highlight your collaborative leadership style and ability to manage high-performing teams in a regulated environment.
Prepare for Interviews:Anticipate questions about your strategic vision for risk management and your approach to integrating various risk types into business processes. Be ready to discuss your experience with Board Committees and how you would contribute to the firm's risk strategy.
How to prepare for a job interview at Inventum Group
✨Demonstrate Your Expertise
As a Chief Risk Officer, it's crucial to showcase your extensive knowledge of risk management frameworks, particularly in equities and regulatory environments. Prepare to discuss specific examples from your past experiences that highlight your ability to build and enhance risk management frameworks.
✨Engage with Regulatory Knowledge
Familiarise yourself with ICARA and MIFIDPRU8 obligations, as well as the role of the FCA. Be ready to articulate how you have previously liaised with regulators and managed compliance issues, demonstrating your understanding of prudential risk disclosures.
✨Showcase Leadership Skills
This role requires a collaborative leader who can manage and grow high-performing teams. Prepare to discuss your leadership style and provide examples of how you've successfully mentored teams and contributed to board-level discussions.
✨Prepare for Strategic Discussions
Expect to engage in conversations about risk appetite and strategic decisions. Think about how you would approach these discussions and be prepared to offer insights on integrating various types of risks into business processes, ensuring you align with the firm's overall strategy.
