Head of Risk

About us

Join one of the UK’s fastest growing and award-winning banks.

We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere.

Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering and open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.

The Head of Risk is responsible for oversight and guidance in respect of all Risks facing the Bank. The role holder is central to the ongoing development of the risk culture at the Bank including the relevant policies, control structures, frameworks and procedures within the Risk team. They will support the awareness, reporting and discussion of risk across the Bank and within formal governance.

The role is responsible for leading the facilitation of the ICAAP and ILAAP production processes working closely with colleagues across the business and leading 2nd line input. The role holder is responsible for providing functional leadership within the Risk function for all aspects of Risk, managing and developing a team of 2nd line professionals across risk types, including Prudential, Conduct, Operational and Regulatory Risk.

The role holder will provide support to the Chief Risk Officer (CRO) in the fulfilment of their role.

• Lead by example as a senior leader helping to shape the risk culture of the Bank embodying the integrity and ethical standards expected within Financial Services

• Maintain and evolve the Risk Management Framework (RMF) at GB Bank, provide support to the Risk team and all colleagues in the operation of the framework

• Identify and assess potential and actual risks that are relevant to the operations of the Bank

• Operate as a business partner to the 1st line functions. Provide 2nd line advice, challenge and guidance to all areas of the Bank, providing informed, risk aware and balanced information to the colleagues

• Lead the process to produce updated regulated documents including: ICAAP, ILAAP Recovery plan and the resolution pack. Drive the updates by utilising subject matter resource within the 2nd line team and working closely with colleagues in Finance, Treasury and across the business

• Maintain the Risk Appetite framework, undertake regular reviews of the risk appetite statements, limits and related metrics working with the 1st line to maintain their appropriateness

• Support the Head of Operational Resilience in the continual development of the framework and supporting documentation

• Maintain an effective relationship with regulatory bodies and meet all notification and reporting requirements of the FCA and PRA

• Maintain effective working relationship with colleagues throughout the business

• Monitor regulatory changes and advise senior management on how the change relates to the risks faced by the Bank

• Risk reporting
  :
  Develop and maintain the Company’s approach / methodology for the reporting of Risk matters to Exco, its sub-committees, the Board, Audit & Risk Committee

• Risk assurance
  :
  Plan and deliver an annual programme 2nd line reviews (incl. subsequent action tracking)

• Drive the regular RCSA review and update process across the business, by supporting and providing challenge to business within their review activity

• Provide expert counsel and guidance to the Board, Executive management and all colleagues on Risk matters and their impacts across the full range of business strategy, programs, services and operational issues

• Provide training and support to promote and continually develop a risk aware culture

• Liaise with Internal Audit to…