Chief Risk Officer- International Bank

Accountable to the Board and the CEO, the CRO is a pivotal leadership role in the Bank.

The CRO sits on many management committees of the Bank (EXCO, ALCO, NPAC, Risk

Committee, etc.) and holds the SMF4 regulatory authorisation - providing oversight and

leadership of the credit risk, operational risk, prudential risk, and market risk functions of the

Bank.

Executive Committee Responsibilities:

 Collaborating with the Executive Committee to develop and implement the strategic

direction of the UK branch

 Provide oversight and coordination of the Bank’s second and third lines of

defense.

 Build and lead an effective team by coaching and guiding direct and indirect

reports.

 Assist the CEO and the Board in executing any other tasks as may be

required to meet the Bank’s objectives.

Risk Responsibilities:

You can get further details about the nature of this opening, and what is expected from applicants, by reading the below.

 Working with the CEO and the Board to set the credit, market,

operational and prudential risk strategies and develop a clear risk

appetite statement, with supporting policies.

 Provide relevant input into the development of the overall UK

business strategy.

 Develop, review, and implement a suitable risk framework and infrastructure

with subsequent on-going maintenance and monitoring to ensure continued

fitness for purpose.

 Put in place a control framework to highlight risks and ensure the

infrastructure is in place to manage and mitigate them.

 Maintenance and implementation of Risk framework/infrastructure,

policies, and guidelines.

 Develop suitable Risk policies and procedures, Risk limits, tolerance

levels and approval authorities and manage the resultant process.

 Management of all aspects of the Risk function.

 Assist with putting in place processes, tools, and systems to ensure

liquidity risks and capital adequacy are always monitored.

 Assist in the development of and manage processes to identify and

evaluate business areas' risks and risk and control self-assessments.

 Define, produce, and maintain Risk policies, procedures, processes & other

documentation as required and ensuring they are kept up to date and

maintained in light of any developments.

 Ensure a strong and initiative-taking Risk management culture is

embedded in the Bank at all levels, instilling a culture of Risk

awareness to encourage good risk management practices

throughout the organisation.

 Provide advice, insight, and guidance on Risk practices to senior

management, the board, and all staff, acting as a “Subject Matter Expert”

for Risk related queries.

 Monitor major and critical Risk issues, track developments and

escalate to senior management.

 Develop and deliver effective credit, market and operationalreporting

functionalities to provide timely and accurate reporting on key risks for

the UK, escalating to senior management and providing mitigating

actions to address these risks as they emerge.

 Jointly with the Chief Finance Officer, preparation and maintenance of

regulatory governance documents – ICAAP and ILAAP - and, as

appropriate, review relevant risk related regulatory returns.

 Provide Risk commentary and analysis for Board Reports, the CEO and

relevant business areas, alongside robust and targeted Management

Information for informed decision making.

 Monitoring and coordinating activities of Risk teams, supervising,

reviewing output of direct reports, and developing appropriate

performance measures for the team.

 Agree team deliverables and accountabilities, holding regular performance

reviews and taking remedial actions where necessary.

 Provision of Risk education and training to all staff; supported by

relevant risk policies, procedures, and ensuring that appropriate

documentation is in place. xwzovoh

 Chairing the Bank’s Risk Committee (RC) and the New Products &

Activities Committee (NPAC)

 Reporting and developing appropriate Risk MI to identify any

potential issues for the Bank.