Head of Risk

LJ Recruitment Limited; City Of London; On-site; GBP 125,000; Full time

Job summary

A leading bank in London is looking for a Head of Risk to oversee the Risk function and strengthen risk management practices. The successful candidate will lead a high-performing team and ensure compliance with regulatory frameworks, making significant contributions to organizational risk culture.

Qualifications

• Extensive experience in a senior Risk Management role within the financial services sector.
• In-depth knowledge of Risk Management frameworks and UK regulatory requirements.
• Proven leadership and people management experience.

Responsibilities

• Lead development of risk management framework for the bank.
• Monitor credit, market, operational, and liquidity risks.
• Manage and develop a high-performing Risk team.

Skills

Problem-solving

Analytical Skills

Leadership

Interpersonal Skills

Critical Thinking

Communication

Education

Recognised degree or professional qualification in a relevant field

Job description

Job Title: Head of Risk
Location: London
Salary: £125,000 per annum

Overview:
An exciting opportunity has arisen for an experienced Risk professional to join a well-established Bank based in London. The successful candidate will play a crucial leadership role in overseeing the Risk function, ensuring robust risk management practices are embedded across the business, and providing strategic oversight to all risk-related matters.

Key Responsibilities:

• Lead the development, implementation, and maintenance of a comprehensive risk management framework covering all internal and external risks.
• Review, update, and maintain risk-related policies and procedures in line with regulatory requirements and best practices.
• Monitor credit, market, operational, liquidity, and other risks, escalating potential breaches as required.
• Review credit proposals, internal credit rating models, and portfolio risk to ensure alignment with risk appetite.
• Oversee operational risk management processes, including risk registers, incident management, and risk control self-assessments.
• Supervise market risk activities, including daily reporting, breach monitoring, and limit management.
• Ensure regulatory compliance by reviewing risk reporting and adapting practices to meet evolving regulatory expectations.
• Develop and promote a strong risk culture across the organisation, providing training and support to staff where needed.
• Manage and develop a high-performing Risk team, ensuring effective succession planning, coaching, and skills development.
• Collaborate with internal stakeholders, senior management, and regulatory bodies to ensure risk management remains aligned with business objectives.

Skills & Experience Required:

• Extensive experience in a senior Risk Management role within the financial services sector.
• In-depth knowledge of Risk Management frameworks, regulatory requirements, and best practices.
• Sound understanding of UK regulatory landscape specific to risk management.
• Strong analytical, critical thinking, and problem-solving skills.
• Proven leadership and people management experience, with the ability to influence at all levels.
• Excellent communication and interpersonal skills.
• Ability to work strategically while maintaining a hands-on approach.
• Recognised degree or professional qualification in a relevant field.

If you are a motivated Risk professional seeking your next leadership challenge in London, we encourage you to apply.