Head of Risk

Alexander Edward James Consulting Limited; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A consulting firm in the United Kingdom is seeking a dynamic Head of Risk to develop and implement an enterprise-wide risk management framework. This pivotal role requires extensive experience in financial risk management and strong knowledge of UK regulatory frameworks. The successful candidate will lead a high-performing risk team and ensure robust governance across all investment activities. The position offers an exciting opportunity to build risk capability from the ground up.

Qualifications

• Extensive experience in financial risk management within investment banking, infrastructure finance, or public investment institutions.
• Strong knowledge of UK regulatory frameworks and public‑private investment structures.

Responsibilities

• Design and implement a comprehensive risk management framework aligned with strategic objectives.
• Lead the identification and monitoring of credit, market, liquidity, and counterparty risks.
• Oversee risk-adjusted performance analysis across a range of investment products.
• Maintain the strategic risk register and produce reports for senior committees.
• Promote a risk-aware culture through training and engagement.

Skills

Financial risk management

Credit risk

Market risk

Portfolio risk modelling

Regulatory knowledge

Education

Professional qualifications such as FRM, CFA, or PRM

Job description

12 months with possibility for extension

An exciting opportunity has arisen for a dynamic and experienced Head of Risk to lead the development and implementation of an enterprise-wide risk management framework, with a strong emphasis on financial and investment risk. This is a pivotal role within a newly established organisation, requiring the successful individual to build risk capability from the ground up and ensure robust governance across all investment activities.

Key Responsibilities

Strategic Leadership

Design and implement a comprehensive risk management framework aligned with the organisations strategic objectives and mandate. Define and maintain risk appetite statements in collaboration with senior leadership and governing bodies. Build internal risk capability and oversee external advisory relationships.

Financial & Investment Risk

Lead the identification and monitoring of credit, market, liquidity, and counterparty risks. Oversee risk‑adjusted performance analysis across a broad range of investment products, including equity, infrastructure, guarantees, loans, and grants. Conduct stress testing and scenario analysis to support decision‑making. Ensure compliance with relevant UK financial regulations.

Governance & Reporting

Maintain the organisations strategic risk register and produce high‑quality reports for senior committees, including the Board and Audit & Risk Committee. Provide second‑line oversight and constructive challenge on investment proposals and portfolio performance. Embed risk management practices across all business units.

Policy & Framework Development

Establish and maintain risk policies, standards, and procedures. Drive continuous improvement in risk systems, analytics, and reporting processes.

Culture & Capability

Promote a risk‑aware culture through targeted training and stakeholder engagement. Build and lead a high‑performing risk team, working closely with Investment, Development, and other business functions.

Essential Criteria

• Extensive experience in financial risk management within investment banking, infrastructure finance, or public investment institutions.
• Expertise in credit risk, market risk, and portfolio risk modelling.
• Strong knowledge of UK regulatory frameworks and public‑private investment structures.
• Professional qualifications such as FRM, CFA, or PRM.

Desirable Criteria

• Experience in renewable energy or infrastructure sectors.
• Familiarity with government reporting and assurance requirements.
• Experience working in start‑up or scale‑up environments.
• Background in investment funds or wealth management organisations.
• Knowledge of revaluation methodologies and economic capital modelling.