Tradition is currently seeking to appoint a Chief Risk Officer to be based within the London office.

Main responsibilities for the Chief Risk Officer position include:

Enterprise Risk Management  Framework  (ERMF)

Implement the Group ERMF
Adapt Group Policies and Guidelines to fit the local environment
Establish Risk Management procedures
Training of staff on methodologies and tools
Act as liaison and coordinate with the Group Risk Management Unit

Risk Mapping  

Maintain the Group Risk Map approach and guidelines i.e. select the relevant business processes and the related risks for the London entities and maintain local Risk Map
Facilitate RCSA process
Co-ordinate engagement of business lines and support functions in RCSA
Evaluate the efficiency of the existing Risk Mitigation Framework
Contribute to the improvements of the Risk Mitigation Framework

Key Risk Indicators (KRI)

Maintain Group KRI approach and guidelines
Co-ordinate maintenance of KRI framework
Support business lines and support functions in updating / recalibrating KRI's
Collate KRI data, analyze trends and prepare KRI inputs to Dashboard Report
Co-ordinate 'triggered' responses to KRI trends

Internal Capital Adequacy Assessment Process (ICAAP)

Coordinate and contribute to the ICAAP document.

Counterparty Risk: Matched Principle and Name Give Up

Approve/Decline Matched Principle Limit requests in coordination with Group Credit
Monitor exposure related to the name give up business

Liquidity Risk: Transactional Liquidity Risk

Participation in the formulation and implementation of the Group methodology to monitor transactional liquidity risk

Identification of potential market risk exposures

Management of FX exposure

Reporting

Collate and analyze all data inputs for consolidated risk dashboard and prepare reports
Liaise with report recipients and coordinate any required responses
Maintain and improve format or content of dashboard as required by Group Risk Management and Senior Management

Data Loss Collection

Maintain risk categorization and data collection procedures to ensure  consistency with Group and FCA requirements
Co-ordinate reporting of losses/incidents
Support business lines and support functions on inputting loss data
Validate incidents and losses collected
Analyze loss data against KRI outputs to identify trends, inconsistencies and opportunities for control improvement
Prepare inputs to Dashboard report

Liaise with Board in creation and maintenance of Risk Framework

Key skills, experience and competencies required:

Comprehensive risk management experience preferably gained within Investment Banking or Broking environment

Experience of developing and implementing Risk Strategies
Strong competency in leadership skills
Previous management experience
Project management skills
Strong understanding of current regulatory framework
Excellent coordination and analytical skills
A high degree of self-motivation, persuasiveness and team spirit
Excellent oral and written skills
Approachable to all staff levels in the business globally
Innovative and inquisitive nature
Ability to work well under pressure
Degree educated or equivalent relevant experience