Chief Risk and Compliance Officer

Join LGPS Central at a pivotal moment and lead the risk and compliance strategy of a growing, regulated investment organisation.

This is a key Executive Committee role, reporting directly to the Chief Executive Officer, with responsibilities including:

• Leading LGPS Central’s risk and compliance strategy. This role will provide executive leadership across enterprise risk, investment risk, compliance, financial crime and assurance, ensuring the organisation meets its regulatory obligations while supporting the delivery of its strategic objectives.
• Strengthening governance and regulatory oversight. The role will maintain effective frameworks for risk appetite, governance, policies, regulatory compliance, assurance and reporting, providing clear and independent advice to the Board and Executive Committee.
• Building a strong risk and conduct culture. The Chief Risk and Compliance Officer will embed clear accountability, effective challenge and proportionate risk management across LGPS Central, helping colleagues understand their responsibilities and make well‑informed decisions.
• Maintaining trusted regulatory relationships. The role will oversee LGPS Central’s relationship with the Financial Conduct Authority and other regulatory and assurance bodies, ensuring regulatory developments are understood and translated into practical organisational improvements.
• Supporting organisational growth and change. The role will provide strategic risk and compliance leadership as LGPS Central develops its fiduciary management model, strengthens its investment capabilities and continues to evolve its operating model.

As Chief Risk and Compliance Officer, you will work closely with the Chief Executive Officer, Board, Executive Committee and senior leaders to ensure that risk, compliance and assurance support responsible decision‑making and long‑term organisational performance.

You will provide leadership to the Heads of Compliance, Enterprise Risk and Assurance, and Investment Risk. You will also have an independent reporting line to the Chair of the Audit and Risk Committee.

The successful candidate will combine deep regulatory and risk expertise with strong leadership, commercial judgement and relationship skills. You will be confident providing independent challenge while working collaboratively with colleagues to deliver practical and proportionate solutions.

The role is expected to hold FCA Senior Management Functions SMF4, SMF
16 and SMF
17. The successful candidate will therefore be subject to FCA approval and ongoing assessments of fitness and propriety, conduct and any other applicable regulatory requirements

What you’ll be doing:

As Chief Risk and Compliance Officer you will:

• Developing and improving LGPS Central’s enterprise risk management framework.
• Maintaining the risk appetite framework and supporting Board oversight of principal and emerging risks.
• Ensuring strategic, operational, investment, regulatory and reputational risks are effectively managed.
• Providing independent challenge on strategic proposals, business decisions and organisational change.
• Strengthening scenario analysis, business continuity and organisational resilience.
• Ensuring material risks have clear controls, actions, owners and reporting arrangements.

Leading compliance and financial crime, including:

• Ensuring LGPS Central meets its obligations as an FCA‑authorised and regulated organisation.
• Overseeing the compliance framework, monitoring programme and financial crime controls.
• Managing regulatory engagement, submissions, notifications and responses.
• Advising the Board and Executive Committee on regulatory developments and business impacts.
• Translating regulatory change into clear and proportionate organisational requirements.
• Supporting the…