Head of Enterprise Risk

Kind Consultancy is working with an Alternative Financial Services organisation which is currently seeking a Head of Enterprise Risk to join them in a permanent, full-time role paying up to £110,000 with a hybrid work model based in their Birmingham offices.

The Head of Enterprise Risk will work with the Chief Risk Officer and Head of Compliance to embed the business's Risk AppetiteStatement and Enterprise Risk Management Framework, strengthening risk awareness ownership and culture, with key responsibilities including:

• Developing, implementing and maintaining a comprehensive Enterprise Risk Management framework, aligned to regulatory and best practices.
• Delivering the annual Risk Appetite statement refresh, monitoring adherence to limits and escalating breaches
• Establishing, implementing and maintaining adequate risk management policies and procedures including effective procedures for setting risk appetite, identifying risks to the business, assessing risk, monitoring, and reporting risk exposures
• Challenging and overseeing the identification, assessment and management of material risks including strategic, operational, financial and change risks
• Overseeing risk reporting processes and development of key risk indicators, challenging appropriateness of measures and monitoring, encouraging better understanding and maturity of assessment.
• Providing regular and accurate risk reports to the Chief Risk Officer and Committees. Support Chief Risk Officer at Board Risk Committee, presenting view on key risks management and trends, identify emerging risks and inform and support key decision making
• Leading and delivering the second line monitoring plan and provide review and challenge on business RCSAs
• With the Head of Compliance, overseeing the embedding of regulatory frameworks, processes and assessment (e.g. operational resilience, consumer duty)
• Encouraging risk ownership, improving knowledge and awareness across the business; leading professionalisation of horizon scanning, ensuring an external, forward- looking approach to assessing emerging risks, and delivering regular updates and recommendations that are consistent with industry best practice
• Influencing and promoting strong risk culture via training and communication, business partnering across first line. Enforce risk management principles into business processes and decision-making.
• Ensuring compliance with relevant regulatory requirements, providing input, challenge and helping to shape key regulatory artefacts (e.g. ICAAP, ILAAP, Recovery Plan, Solvent Exit Plan, Operational Resilience Self-Assessment).

Our ideal candidate for the Head of Enterprise Risk position:

• Has a substantial track record as an experienced Risk Senior Manager in Financial Services (UK banking) and good knowledge of the relevant regulatory environment (PRA, FCA)
• Has a broad background in Risk Management across Financial and Non-Financial risks
• Is experienced in setting, measuring and reporting risk metrics through to Board level, and in developing and embedding strong risk culture
• Has experience of engagement with internal & external audit, regulators, Board and senior management
• Has a history of successfully building and balancing relationships with strong influencing and negotiation skills including the ability to influence across functional teams and senior colleagues.
• Has strong leadership and people management abilities.
• Is flexible and pragmatic with good problem solving, analytical and decision-making skills
• Demonstrates excellent verbal and written communication and interpersonal skills

If you're interested in the Head of Enterprise Risk opportunity, you live in or can commute to Birmingham and you have the necessary skills, knowledge and experience, please apply with an updated CV today.