Director, Enterprise Risk Management (2nd Line of Defense)

Location: London, United Kingdom

About Tradeweb: Tradeweb is a global leader in electronic trading for rates, credit, equities, and money markets. As financial markets become increasingly interconnected, our technology enables efficient, multi-asset trading on a global scale. We serve more than 3,000 clients in more than 85 countries, including many of the world’s largest banks, asset managers, hedge funds, insurers, corporations, and wealth managers.

Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

Position Overview: We are seeking an experienced and execution-focused Director to join Tradeweb’s Enterprise Risk Management (ERM) function in London. This role operates within the Second Line of Defense (2LoD) and reports to the Global Head of ERM based in New York. The successful candidate will play a critical role in independently overseeing, advising, and challenging risk management practices across the firm, with particular focus on operational, regulatory, and enterprise-level risk.

The Director will also serve as a key regional counterpart to the UK and EU Compliance teams and Operational Risk Management (ORM) teams, working closely to ensure coordination of oversight efforts, alignment of regulatory expectations, and consistency in reporting and assurance practices. This role contributes directly to the firm’s risk posture by validating 1LoD risk activities, ensuring adherence to the ERM framework, and supporting regulatory expectations, including those under DORA, and other UK/EU supervisory regimes.

Key Responsibilities:

• Act as a senior 2LoD risk advisor for the UK and EU, supporting the implementation and continuous improvement of the global ERM framework at the regional level.
• Provide independent oversight and challenge to 1LoD risk assessments, control design, issue remediation, and risk acceptance activities.
• Lead thematic reviews, emerging risk analysis, and deep dives into priority risk areas, including operational resilience, technology risk, and third-party exposure.
• Lead development and monitoring of risk appetite statements and thresholds; escalate risk breaches and emerging trends to governance committees.
• Lead the critical review and challenge of regional Risk and Control Matrices (RACMs) to ensure compliance with regulatory requirements including DORA, PRA, and other applicable frameworks.
• Collaborate extensively with the Compliance function to coordinate assurance coverage, regulatory readiness, and thematic reporting, ensuring a unified 2LoD approach.
• Partner with other 2LoD teams such as Cyber, Operational Risk, and Legal to support integrated and effective risk oversight.
• Support the preparation and delivery of Board materials, committee presentations, and ERM reports with clear articulation of risk trends, metrics, and control posture.
• Drive the design, development, and enhancement of GRC reporting and dashboards, leveraging platforms such as Archer, PowerBI, and Tableau.
• Champion data quality and consistency in Archer GRC to support enterprise-wide risk governance and regulatory compliance.
• Lead cross-regional collaboration with ERM colleagues in New York and Singapore to drive consistency in risk program execution and governance alignment.

Qualifications and Experience:

• Minimum 12 years of experience in enterprise or operational risk management within a regulated financial institution or FinTech firm.
• Strong understanding of 2LoD risk oversight responsibilities and governance practices, including the challenge function.
• Expertise in regulatory frameworks impacting UK/EU entities, including DORA, PRA, and operational resilience regimes.
• Proven expertise in operational and technology risk management, including capacity planning, infrastructure resilience, system availability, and third-party risk, with a demonstrated ability to align risk practices to enterprise strategy and regulatory requirements.
• Demonstrated ability to collaborate with Compliance and other control functions on assurance coverage, risk assessments, and regulatory deliverables.
• Drives execution with discipline and integrity, balancing long-term objectives with the need for precision and timely delivery.
• Proficient in GRC systems (e.g., Archer) and experienced in using visualization/reporting tools (Excel, Power BI, Tableau).
• Excellent communication and stakeholder engagement skills, with the ability to influence and challenge effectively at senior levels.
• Professional certifications such as FRM, CRISC, IRM, or Prince2/PMP are preferred.

This role offers a high-impact opportunity to shape the development of enterprise risk oversight in the UK and EU. The successful candidate will operate at the intersection of business advisory, regulatory assurance, and cross-functional collaboration, with direct influence on Tradeweb’s regional and global risk management objectives.