Interim Head Of Risk

Nxtgen Recruitment; Aberdeen City; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading recruitment agency is seeking an Interim Head of Risk in Aberdeen City for a 12-month contract. The successful candidate will be pivotal in developing the organisation's risk management framework and governance. Key responsibilities include leading risk assessments, maintaining the strategic risk register, and fostering a risk-aware culture. Ideal candidates should hold a recognised risk qualification and have substantial experience in financial risk management. This role requires in-office presence at least 2 days per week and falls inside IR35.

Qualifications

• Significant experience in financial risk management.
• Experience in financial services, investment, or public sector is advantageous.
• Excellent knowledge of UK regulatory frameworks.

Responsibilities

• Develop and implement a comprehensive risk management framework.
• Maintain the strategic risk register and report to Audit & Risk committee.
• Lead identification and assessment of risks across the organisation.
• Provide detailed appraisal of investment proposals.
• Champion a risk-aware culture through training and engagement.
• Drive continuous improvement of risk management systems.

Skills

Financial risk management

Risk governance

Regulatory frameworks

Data analytics

Team leadership

Education

Recognised risk or internal audit qualification (IA, RM or PRM)

Job description

NXTGEN have an immediate requirement for an Interim Head of Risk to join an organisation undergoing and exciting period of change and growth. This is an initial 12 month contract (Inside IR35) where the successful candidate can expect to play a key and influential role in the design and development of the organisation risk management framework. As Head of Risk, you will take ownership for this project, working closely with the board and Audit committee to ensure public and private investment into the organisation is underpinned by robust risk governance. As you build a risk team and function, you will develop risk policies and procedures to cover financial, operational and strategic risk, creating a high performing function and risk aware culture across the wider organisation. The Head of Risk will also ensure that systems and processes are in place to deliver high quality data to allow for better business and risk based decisions to be made.

Key responsibilities within this assignment will include:

• Develop and implement a comprehensive risk management framework, aligned to the investment plan and strategic goals for the organisation
• Maintain the strategic risk register and provide regular reports to the Audit & Risk committee as well as the board
• Lead the identification, assessment and monitoring of credit, market and liquidity risks across the organisation
• Provide detailed appraisal of investment proposals as part of a 2nd line of defence
• Champion a risk aware culture across the organisation through training and engagement, as well as recruiting a high performing team
• Drive continuous improvement of risk management systems, leading to quality data analytic's and reporting capabilities.

The successful candidate will ideally hold a recognised risk or internal audit based qualification (IA, RM or PRM or equivalent) with significant experience gained in financial risk management. Experience gained within financial services, investment or the public sector would be significantly advantageous. You will demonstrate excellent knowledge of UK regulatory frameworks across both public and private investment alongside a track record in building/growing risk management functions. This high profile assignment will work with a wide range of senior and executive level stakeholders with brilliant opportunities to influence organisational and risk strategy.

This contract is initially expected to last 12 months with potential for extension and will fall inside IR35. Candidates will need to work from the office a minimum of 2 days p/week