Are you an experienced risk management professional looking to make a significant impact?
Established in 1877, we are a well-respected, community-focused Building Society seeking a strategic and forward-thinking Chief Risk Officer (CRO) to join our Senior Leadership team.
This is a unique opportunity to shape and strengthen our risk management framework, ensuring the long-term sustainability and success of the Society while helping us navigate an increasingly complex financial and regulatory landscape.
As the Chief Risk Officer, you will obtain regulatory approval for Risk (SMF4) and Compliance (SMF16) and be instrumental in developing and implementing risk strategies, overseeing risk governance, and providing insightful, risk-based guidance to our executive team and board of directors.
This is a key Senior Leadership role that will give you the opportunity to influence the Society’s direction, ensuring we uphold our commitment to our members, stakeholders, and the community.
‘The Chief Risk function (SMF4) is the function of having responsibility for overall management of the firm, including the setting and managing of its risk exposures and reporting directly to the governing body of the firm in relation to its risk management arrangements’ (PRA).
Responsibilities:
* Compliance Oversight (SMF16)
“Acting in the capacity of a director or senior manager who is allocated the function set out in SYSC 6.1.4R(2)” (FCA)
Reporting to: Chief Executive – for operational purposes, however, is primarily, and ultimately accountable to the Society’s Board. For this reason, the Chief Risk Officer also has a dotted reporting line and direct access to the Chair of the Society’s Board, Board Risk Committee, and Board Audit Committee.
To be successful in the role you must have the following qualifications & experience:
* Extensive experience (typically minimum 5+ years) demonstrable leadership experience in a risk and compliance related role within a building society or related financial services environment.
* Regulatory approval under the SM&CR, ideally having held, or currently hold SMF4, SMF16 and SMF17
* Proven track record of designing and implementing effective risk and compliance frameworks and strategies.
* Strong understanding of the regulatory landscape for building societies, financial services, and relevant legislation, including the FCA, PRA, AML, GDPR, and other applicable regulations.
* Experience in managing regulatory relationships and reporting requirements.
* Excellent leadership, communication, and stakeholder management skills, with the ability to influence senior leaders and Board members.
* Relevant professional qualifications are highly desirable.
Personal Attributes:
* Strong analytical and problem-solving skills, with the ability to think strategically and act decisively.
* A high degree of integrity and a strong ethical approach to risk and compliance management.
* Excellent interpersonal and communication skills, with the ability to influence and engage with diverse stakeholders.
* Ability to manage competing priorities and deliver results in a dynamic environment.
* Proactive, with a strong attention to detail and a commitment to continuous improvement.
For a detailed role profile, please contact hr@srbs.co.uk.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
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