Head of Risk UK
📅 Jun 9
Risk ManagementFCA RegulationsOutsourced Risk FunctionsEnterprise Risk Frameworks
📜 Description
- Own the UK enterprise risk management framework, ensuring alignment with FCA expectations.
- Maintain the UK Risk Register with clear ownership and defined review cycles.
- Provide independent oversight and challenge to first line risk owners across various functions.
- Act as the intelligent client for risk services delivered by the Group Risk team.
- Monitor and challenge the quality of Group Risk outputs for UK governance forums.
🛠️ Requirements
- Substantial experience (typically 8+ years) in risk management within FCA regulated financial services, with demonstrable exposure to CFD, spread betting, or leveraged derivatives businesses
- Deep working knowledge of FCA regulatory expectations for risk management under SYSC, PRIN, Consumer Duty (PRIN 2A), and MIFIDPRU prudential requirements
- Proven experience managing outsourced or shared service risk functions, including defining service requirements, monitoring delivery quality, and escalating shortfalls. This is a critical differentiator for this role
- Experience designing and operating enterprise risk frameworks including risk registers, risk appetite statements, KRI frameworks, and ICARA/ICAAP processes
- Strong understanding of financial risk (market, credit/counterparty, liquidity), operational risk, and conduct risk in the context of a retail leveraged trading platform
- Experience preparing and critically reviewing risk MI for boards and senior governance forums, including the ability to identify where MI masks underlying issues
- Experience engaging with the FCA in a supervisory context, whether directly or as a substantive contributor to supervisory dialogue
- Understanding of the 3 lines of defence model and comfort operating independently within a structure where many 2nd line services are delivered centrally by a Group function
- Strong governance instincts: the ability to distinguish between aligned Group support and inappropriate delegation of UK regulatory accountability
✨ Benefits
- From medical insurance to pension plans, we've got your back