Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)
Apply now
Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)

Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)

London Full-Time 150000 - 200000 £ / year (est.) No home office possible
Apply now
M

At a Glance

  • Tasks: Lead and develop the Bank’s Risk Management framework, overseeing Market, Liquidity, Credit, and Operational Risks.
  • Company: Join a profitable boutique Investment Bank in the heart of London with a friendly team culture.
  • Benefits: Enjoy a competitive salary, annual bonus, profit share, generous holiday, healthcare, and pension.
  • Why this job: Be part of a strategic role that shapes risk management while collaborating with top executives.
  • Qualifications: Must have FCA Senior Management Control Functions: SMF4 and SMF16, plus extensive risk management experience.
  • Other info: Opportunity to build a high-quality team and influence company-wide risk culture.

The predicted salary is between 150000 - 200000 £ per year.

The role is responsible for the Bank’s Market Risk, Liquidity Risk, Credit Risk and Operational Risk. This is a senior role and reports into the company’s CEO and has a dotted line into their Board of Directors. The seniority of the role’s responsibility means that our client is ideally looking for someone to currently hold mandatory “FCA Senior Management Control Functions:” SMF4 – Chief Risk Officer and SMF16 – Compliance Oversight.

There will be x 1 one indirect report and potential to hire in the future, but this exciting role will also involve quarterly “Executive Board” meetings that the chosen incumbent must attend (and represent the Risk Management department in Board Level matters). The size of the department means our client needs someone who is both “hands-on” and able to “roll-up-their-sleeves” with BAU daily Risk Management tasks, as well as being able to be “strategic” i.e. high level change, new system implementation, creating complex policies and procedures.

Job Purpose:

  • To ensure that the Risk Management Framework of the company is in line with regulatory expectations, maintained in line with Board approval and operates effectively.
  • To compile, assess and report risk information to the CEO, Risk Committees, and the Board.
  • To promote and foster a proactive risk culture across the company.
  • To ensure that the company’s management of risk is forward looking and aligned to the company’s strategy and growth objectives.

Main duties/key responsibilities:

  • Collaboratively and effectively work with the Company’s Directors and team members to deliver the Company’s business strategy, focusing on developing an integrated risk and compliance monitoring framework and driving the Company’s Risk strategy and associated initiatives.
  • Develop and embed a successful risk and compliance function within the Company (including but not limited to: standards and controls, framework, processes and management information) and ensure that the business manages its risks within the Company’s agreed risk appetite.
  • Work with the MLRO/Nominated Officer to develop the company’s policies and procedures for countering the risk that the firm might be used to further financial crime.
  • Credit stewardship.
  • Work in partnership with the 1st line management team to identify and mitigate risk, through the deployment of effective strategies, policies, and processes.
  • Identify emerging risks and develop strategies to monitor and control these.
  • Benchmark and implement best risk management practices for the Company in line with regulatory standards and industry practices.
  • Provide support and, where required, robust challenge, to 1st line directors, management and team members, in business discussions and presentations.
  • Maintain appropriate independence and objectivity with the key focus of protecting the business and its clients.
  • Present relevant management information to the Board in order to facilitate the Board's understanding of any residual or emerging risks and issues.
  • Recruit, manage and develop a high-quality team to support the growth and development of an effective Risk and Compliance team.
  • Establish and maintain a strong business-wide Risk culture, with due regard for relevant legislation and regulatory requirements.
  • Ensure the company has systems and controls in place to ensure compliance with relevant legislation and regulation.

Required qualifications, knowledge, skills and experience:

  • Leadership skills, including the ability to manage risks, compliance and controls of regulated company activities.
  • Considerable knowledge and experience of best practice risk management and governance frameworks, methodologies, and emerging practice, in relation to the UK financial services context.
  • Skilled communicator with the ability to influence and motivate others.
  • Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution.
  • Knowledge and understanding of risk control arrangements.
  • Proven ability to oversee credit, market and operational risks.
  • Sound knowledge of regulatory environment and key regulatory regimes.
  • Relevant financial services experience.
  • Understanding of the issues involved in running a business, including the key financial dynamics and drivers.

Salary: Between £150 k pa - £200 k pa dependent upon experience, plus annual bonus, profit share, amazing holiday entitlement, healthcare and pension.

Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16) employer: Martis Search

As a Chief Risk Officer at our boutique Investment Bank in the heart of the City of London, you will join a highly profitable organisation that prides itself on a genuinely friendly work culture and low staff turnover. We offer exceptional benefits including an attractive salary package, annual bonuses, and comprehensive healthcare, alongside ample opportunities for professional growth and development within a collaborative team environment. With regular social activities and a commitment to fostering a proactive risk culture, this role not only allows you to make a significant impact but also ensures a rewarding and fulfilling career path.
M

Contact Detail:

Martis Search Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)

Tip Number 1

Network with professionals in the investment banking sector, especially those who have experience in risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in risk management.

Tip Number 2

Familiarise yourself with the specific regulatory frameworks that govern risk management in the UK financial services sector. Understanding FCA guidelines and compliance requirements will demonstrate your expertise and readiness for the role.

Tip Number 3

Prepare to discuss your hands-on experience with risk management tasks as well as your strategic vision for developing a risk culture. Be ready to provide examples of how you've successfully implemented risk management frameworks in previous roles.

Tip Number 4

Research the boutique investment bank's current risk management practices and identify areas for improvement. This will not only show your initiative but also help you articulate how you can add value to their existing framework during discussions.

We think you need these skills to ace Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)

Leadership Skills
Risk Management Framework Development
Regulatory Compliance Knowledge
Market Risk Assessment
Liquidity Risk Management
Credit Risk Oversight
Operational Risk Analysis
Strategic Thinking
Problem-Solving Skills
Decision-Making Skills
Effective Communication
Stakeholder Engagement
Team Management and Development
Financial Crime Prevention Strategies
Emerging Risk Identification
Best Practice Benchmarking
Analytical Skills
Understanding of Financial Services Dynamics

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management, compliance oversight, and leadership roles. Use specific examples that demonstrate your ability to manage market, liquidity, credit, and operational risks.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience with developing risk frameworks and fostering a proactive risk culture.

Highlight Leadership Experience: Since this is a senior role, emphasise your leadership skills and experience managing teams. Provide examples of how you have successfully led risk management initiatives and influenced stakeholders at a board level.

Showcase Regulatory Knowledge: Demonstrate your understanding of the regulatory environment and key regimes relevant to the financial services sector. Mention any specific regulations or frameworks you have worked with that are pertinent to the role.

How to prepare for a job interview at Martis Search

Demonstrate Your Strategic Vision

As a Chief Risk Officer, you'll need to showcase your ability to think strategically. Prepare to discuss how you would develop and implement a risk management framework that aligns with the bank's growth objectives. Use examples from your past experience to illustrate your strategic thinking.

Showcase Your Hands-On Experience

This role requires someone who can roll up their sleeves and handle daily risk management tasks. Be ready to share specific instances where you've successfully managed operational risks or implemented effective compliance measures in previous roles.

Communicate Effectively with Stakeholders

You'll be presenting to the Board and collaborating with various teams. Practice articulating complex risk concepts in a clear and concise manner. Highlight your communication skills and provide examples of how you've influenced decision-making in past positions.

Prepare for Regulatory Discussions

Given the regulatory nature of the role, brush up on current regulations affecting the financial services sector. Be prepared to discuss how you would ensure compliance and manage risks in line with regulatory expectations, drawing on your knowledge of best practices in risk management.

Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)
Martis Search
Apply now
M
  • Chief Risk Officer – Boutique Investment Bank (SMF4 & SMF16)

    London
    Full-Time
    150000 - 200000 £ / year (est.)
    Apply now

    Application deadline: 2027-04-01

  • M

    Martis Search

Similar positions in other companies
Europas größte Jobbörse für Gen-Z
discover-jobs-cta
Discover now
>