Job: Regional Chief Risk Officer

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  • Title Regional Chief Risk Officer
    Categories Latest Jobs in Gibraltar
    Salary ÂŁ100k – ÂŁ150k
    Location Gibraltar
    Job Information

    Regional Chief Risk Officer (Private Banking Sector)

    Duties and responsibilities:

    • Senior position responsible for the risk management framework of the Gibraltar Bank and its London Branch, including managing, monitoring and enhancing the framework across all risk aspects – reports directly to the CEO of the Bank in Gibraltar and the Senior Branch Manager in London
    • Ensure the risk culture and tolerance of the organisation continues to be aligned to Group parameters to sustain the success and stability of the Bank
    • Work alongside senior management in Gibraltar and London to identify potential threats to the businesses and mitigate/control
    • Establish effective risk management practices within respective departments including those required to identify, monitor, control and/or mitigate the risks arising out of the business activities
    • Primary contact in Gibraltar and London for all risk related matters
    • Design, prepare and analyse adequate management information (MI) related to risk management
    • Develop risk maps and strategic action plans to help manage key risks and monitor the progress against these plans
    • Conduct regular enterprise wide risk assessments (EWRA)
    • Maintain the risk inventory up-to-date
    • Measure and document the risk appetite statement (RAS) assisting senior management to set the risk tolerance
    • Own and enhance the Risk Control Self-Assessment (RCSA) process
    • Prepare and submit risk-related regulatory reporting
    • Functional management of the Credit Risk function
    • Oversight of the effectiveness of the three lines of defence model
    • Escalation of identified risks to the relevant governance forum, e.g. Risk Committee, Management Committee, Board of Directors, etc.
    • Remain abreast of developments in the industry and issue new guidelines accordingly
    • Help shape the future of the business assessing key risks to achieving objectives
    • Manage ad-hoc projects where the risk function is the key stakeholder
    • Act at all times as a senior manager of the bank as a whole, expanding field of vision and areas of impact beyond risk management
    • Communicate directly with regulators and other authorities as appropriate
    • Competencies:
    • Excellent and flexible interpersonal, written and verbal communication skills across all levels within an organisation
    • A high level of ownership, organisational ability including rapid reprioritisation (where required) and strong stakeholder management skills, to consistently be a sought-after partner
    • Strong organisational and planning skills in a fast-paced environment
    • Disciplined approach to ensure integrity and high ethical standards
    • Work collaboratively, demonstrating initiative and ownership of tasks and issues
    • Excellent time management skills and ability to multi-task and prioritise work
    • Attention to detail and problem solving skills – ability to handle complex tasks with confidence and raise and propose solutions for issues as they arise
    • Strong IT and presentational skills, including in Word, PowerPoint and Excel
    • Committed to ongoing professional development, including staying up to date with matters relevant to your role

    Cooperation and participation within the bank’s committees:

    • Management Committees
    • Risk Committee

    Expected requirements for position holder of position:

    • In-depth knowledge of the banking industry and relevant regulatory requirements/expectations
    • Knowledge across all types of risk management including Financial, Trading Book, Credit (client and non-client), Operational, IT, Conduct & Reputational, Legal & Compliance and Business & Strategy
    • Experience working within Private Banking in a senior Risk Management role – ideally in a small to mid-sized organisation and/or a non-UK headquartered organisation operating in the UK would be particularly valuable
    • Experience of establishing or enhancing risk management frameworks; including preparation of supporting documentation, e.g. RAS, RCSA, etc.
    • Experience of documenting risk management activities in a way that meets regulators’ and auditors’ expectations
    • Ideally held a recognised Senior Manager Function in the UK
    • Ability to travel between Gibraltar and London on a regular basis (at least quarterly)

     

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