Back to results

Head of Risk Oversight

We are working with one of the UK’s award winning Building Societies to help find them find a Deputy Chief Risk Officer. This person will lead the Society’s risk and assurance frameworks providing independent oversight of strategic, operational, and prudential risks. Regular deputising for the CRO makes this a great Opportunity for someone looking to build a platform for a CRO position of their own in the future. This is a hybrid working role with a pragmatic approach to working patterns, although any applicant would need to be able to able to attend the office in the North West of England for some days on a weekly basis

Role Description

  • Lead and develop the Risk Oversight team and foster strong collaboration
  • Lead second-line oversight of capital, liquidity, and funding risks (ICAAP, ILAAP, RRP, Solvent Exit)
  • Provide independent challenge on stress testing, capital adequacy, and liquidity management
  • Lead and continuously enhance the Enterprise Risk Management Framework (ERMF), ensuring it is proportionate and embedded across the Society
  • Maintain oversight of the Risk Appetite Framework, aligned to strategy and Board-approved limits
  • Ensure frameworks and policies align with PRA/FCA expectations, best practice, and strategic objectives
  • Drive consistency in risk assessment, control evaluation, and reporting across all risk categories
  • Support the CRO in maintaining strong governance, clear escalation, and line of sight from Board to business
  • Provide leadership in the discharge of the Chief Risk Officers Data Protection Officer responsibilities
  • Oversee Board and Committee risk reporting, ensuring clarity, insight, and forward-looking commentary
  • Lead second-line oversight of strategy, change, and transformation programmes
  • Challenge key business cases, plans, and delivery assurance

Role Requirements

  • Strong leadership capability, with experience developing teams, fostering collaboration, and promoting constructive challenge
  • Relevant professional risk qualification (e.g., IRM, FRM, PRMIA, ICA) desirable but not essential
  • Relevant regulatory, prudential, or operational resilience certification desirable
  • Significant second-line risk management or assurance experience within financial services, ideally within a building society, bank, or mutual
  • Working knowledge of prudential and financial resilience principles, including capital, liquidity, stress testing, and recovery planning
  • Proven ability to design and lead enterprise-wide frameworks, governance structures, and policy architectures
  • Experience in overseeing a range of non-financial risks, including operational, conduct, compliance, technology/cyber, third-party and data
  • Experience in risk oversight of change and transformation, including project assurance, oversight strategy, and portfolio risk aggregation
  • Experience overseeing operational resilience, including critical services, impact tolerances, and incident response
  • Proven ability to influence senior stakeholders, including ExCo, Board Committees, and external regulators

Application for:

Head of Risk Oversight

We will process your CV and personal information to assess your suitability for a role you apply for, or more generally for roles we have if you have not identified a role if you email us your CV directly. If we wish to consider you further for the role or for other roles, we will register your personal information on our database and contact you. We may contact you from time to time about other roles we believe will be of interest to you. Your personal information will be securely held. For more information please refer to our Privacy Policy by clicking here.