Deputy Head of Risk & Compliance - UK

Job Title: Deputy Head of Risk & Compliance - UK

Industry: Banking

Location: London

Salary: Competitive Salary + Other Benefits

Overview

Our client, a UK-regulated financial institution, is seeking to appoint a Deputy Head of Risk & Compliance to support the ongoing development, implementation and oversight of its Risk Management and Compliance Frameworks.

This is an excellent opportunity for an experienced Risk and/or Compliance professional seeking broader exposure across enterprise risk management, regulatory compliance, governance, prudential risk, operational resilience and Board-level reporting within a regulated banking environment.

The successful candidate will work closely with senior management and governance committees, supporting the effective identification, assessment, monitoring and management of risks across the organisation whilst helping to ensure compliance with applicable regulatory requirements.

Key Responsibilities

Risk Management

• Support the maintenance and continuous enhancement of the organisation's Enterprise Risk Management Framework.
• Assist in embedding effective risk management practices across all business areas.
• Support the development, maintenance and monitoring of Risk Appetite Frameworks and associated risk metrics.
• Assist in the identification, assessment, monitoring and escalation of key and emerging risks.
• Support the development and maintenance of risk policies, procedures and governance frameworks.
• Challenge and review risk assessments across business units to promote consistency and effectiveness.
• Assist in the monitoring of risk appetite breaches, limit excesses and remediation activities.
• Support the production of management information, risk reports and governance packs for senior management and Board committees.
• Assist in the review of strategic initiatives to ensure alignment with the organisation's risk appetite and risk management objectives.
• Support coordination with Internal Audit and assist with the tracking and closure of audit findings.

Prudential Risk & Capital Management

• Support the preparation, maintenance and annual review of ICAAP and ILAAP documentation.
• Assist with stress testing, scenario analysis and capital planning activities.
• Support the development and maintenance of Recovery Planning and related governance processes.
• Assist in monitoring liquidity, market, operational and other principal risk categories.
• Contribute to the development of risk analytics and risk reporting capabilities.

Compliance & Regulatory Oversight

• Support the maintenance and enhancement of the Compliance Framework and associated policies and procedures.
• Assist in the delivery of Compliance Monitoring Programmes.
• Support the identification, assessment and escalation of regulatory compliance risks and breaches.
• Assist in monitoring adherence to regulatory requirements, internal policies and procedures.
• Support regulatory horizon scanning and the assessment of emerging regulatory developments.
• Assist with regulatory change management initiatives and implementation activities.
• Support the review of products, customer communications and business activities from a regulatory compliance perspective.
• Assist in the preparation of compliance reports and management information for governance committees and senior management.
• Support the delivery of compliance awareness and training programmes across the organisation.

Governance & Operational Resilience

• Support the preparation of papers and reporting for governance committees and senior management forums.
• Assist in maintaining effective governance arrangements across risk and compliance activities.
• Support operational resilience, business continuity and incident management frameworks.
• Assist with oversight of technology, cyber and operational risk matters.
• Promote a strong risk and compliance culture across the organisation.
• Represent the Risk & Compliance function in meetings and working groups when required.

Skills & Competencies

• Strong analytical and problem-solving capabilities.
• Sound understanding of risk management and regulatory compliance principles.
• Ability to provide effective challenge whilst maintaining constructive stakeholder relationships.
• Strong report writing, presentation and communication skills.
• Experience preparing management information and governance reporting.
• Ability to manage multiple priorities and deliver high-quality outputs within tight deadlines.
• Strong attention to detail and organisational skills.
• High levels of integrity, professionalism and personal accountability.

Technical Knowledge

Candidates should demonstrate knowledge or experience in several of the following areas:

• Enterprise Risk Management (ERM)
• Risk Appetite Frameworks
• Operational Risk Management
• Regulatory Compliance
• Conduct Risk
• Prudential Risk
• ICAAP and ILAAP
• Stress Testing and Scenario Analysis
• Recovery Planning
• Operational Resilience
• Business Continuity Management
• Regulatory Change Management
• Governance and Board Reporting
• FCA and PRA regulatory requirements

Qualifications & Experience

• Degree qualified in Finance, Economics, Risk Management, Business, Law, Compliance or a related discipline.
• Relevant professional qualifications such as FRM, PRM, ICA, ACCA, CIMA or equivalent would be advantageous.
• Experience gained within a regulated financial services environment.
• Demonstrable experience in Risk Management, Compliance, or a combined Risk & Compliance function.
• Experience supporting governance committees, senior management forums and Board reporting.
• Knowledge of UK regulatory requirements and regulatory frameworks applicable to financial institutions.
• Exposure to ICAAP, ILAAP, stress testing, recovery planning or operational resilience activities would be highly desirable.

Apply

Interested candidates should submit an updated CV in confidence for consideration.