Chief Risk Officer

We're looking for a candidate to fill this position in an exciting company.  Diligently and responsibly perform duties in a manner required by the Companies Act 2006. Adherence to the Senior Manager Conduct Rules. Responsibility for the Company’s policies and procedures for countering the risk of financial crime. Ensures a robust and proportionate Risk Management Framework is established and maintained, including; Identification, management and regular review of the key risks to the business incorporating conduct risk, operational risk, regulatory risk, strategic and financial risks; Identification and management of Risk Events; Identification and tracking of key risk indicators; and Defining, maintaining, and monitoring performance against, risk appetite statements. Ensures a robust and proportionate compliance framework is established and maintained and that it reflects a customer centric culture, including; Providing regulatory subject matter expertise and support to the company; Maintaining effective ‘horizon’ scanning, identifying and communicating relevant changes in the legislative and regulatory landscape; and Ensuring the implementation of legislative and regulatory changes within the company; Ensures the development and regular assessment of the company’s system of first line controls, such that they comply with legislative and regulatory requirements, and upon the identification of control ‘gaps’ use all reasonable steps to ensure the senior managers responsible address such ‘gaps’. Establishes, maintains and delivers a 2nd line of defence compliance monitoring framework. Ensures an appropriate Conduct Risk framework is established and maintained, including but not limited to ensuring appropriate Conduct Risk and Vulnerable Customer Policies are in place and the provision of appropriate conduct MI. Ensures an appropriate Conflicts of Interest framework is established and maintained. Responsible for the company’s relationship with the Financial Conduct Authority. Responsible for the company’s data protection policies and procedures and performs the role of nominated Data Protection Representative. Develops and ensures the delivery of effective regular reporting to the company’s Board and committees in relation to risk and compliance. Establishes and oversees the company’s framework of Policies, taking personal responsibility for the maintenance of those specific to the Chief Risk Officer role. Ensures an appropriate Whistleblowing framework is established and maintained. Responsible for day to day relationship with the 3rd line of defence Internal Audit outsourced provider. Leads and develops a high performing risk and compliance team. Works alongside other executive committee colleagues and the company’s senior management to help shape and develop a high-achieving, well-controlled organisation, which can achieve strategic targets. Demonstrates strong leadership and serves as a role model to help embed the vision and values of the company. Assists with other related duties within the company as and when required.  Senior leadership skills; prior executive committee and Board level experience highly desirable. Experience as an FCA Approved Person or Senior Manager highly desirable. Demonstrable experience of developing, implementing and maintaining compliance and control frameworks in a highly regulated and customer focused industry. Considerable knowledge and experience of risk management and governance frameworks and methodologies. Significant practical experience of the general insurance industry, including knowledge of the general insurance market, its products, practices and developments. Extensive knowledge of relevant key regulatory regimes, specifically an excellent understanding of the FCA, the FCA handbook, its principles based regulatory regime and the current and future regulatory landscape. Demonstrable experience of liaising with and working with the FCA openly and co-operatively to resolve complex issues. Skilled and confident communicator (written and verbal) with first class presentation skills. Demonstrable experience of the ability to influence and motivate others. Excellent problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issues and drive resolution. Considerable experience of identifying and managing the implementation of regulatory change. Passionate about achieving high levels of excellence. Highly energised and motivated with a high level of commitment. Commercially astute and customer focused. Ability to work collaboratively with others to provide a high-quality service. An excellent knowledge of the Microsoft Office suite of applications. Degree qualified or equivalent experience.