Role Profile Enterprise Risk Framework Manager

Role Title Enterprise Risk Framework Manager

Business Function Risk

Location Wrexham / Hybrid

Who we are & what we do:

Founded in 2016, Chetwood Financial is a digital bank using technology to make people better off. At Chetwood, we think differently. We act differently. Unlike traditional banking models, were not obsessed with customer ownership and cross-selling other products. We use our banking and technology experience to design and manufacture stand-alone financial products that meet the needs of those using them and by building unique and dynamic products, we make engaging with personal finances easier than ever before.

Role Purpose

Enterprise risk is relevant to every aspect of Chetwoods business and covers a wide spectrum of issues, focusing on internal processes, systems and people. Losses arising from unauthorised activities, error, omission, inefficiency, fraud, systems failure or external events all fall within the definition of enterprise risk. TheEnterprise Risk Framework Managerwill be primarily responsible for defining the Enterprise Risk Management Framework and for successfully embedding it at all levels in the organisation.

TheEnterprise Risk Framework Managerwill report to the Risk & Compliance Director and will liaise closely with all business functions.

Responsibilities

Lead the definition and embedding of minimum standards and processes, and the governance structure for operational risk and internal controlDesign, implement and embed the Chetwood Risk Management Framework and the Operational Risk Management PolicyProvide leadership and support for the implementation and embedding of a three lines of defence model for the management of riskMaintain effective working relationships across all three lines of defence, enhancing Risks value to the businessUndertake Risk and Control Assessments (RCAs), which are used to identify and assess the material business risks and controlsUndertake Principal Risk Analysis, which provide management with a quantified view of specific operational risksLead the activity to refresh the assessment of emerging risks, providing insight and advice and facilitating discussion at an Executive Committee (ExCo) levelReporting of internal issues and incidents, which are used to forecast typical losses, also utilising external data, which is used to inform risk assessments.Support 1st line projects by informing and offering guidance for the avoidance or treatment of riskFacilitate completion and annual review of the Risk Appetite StatementMonthly assessment and management of the risk appetite metrics and reporting into Chetwoods BoardAssessment and management of operational within the risk appetite of ChetwoodSupport the Risk and Compliance Director with the ICAAP operational risk assessment process and facilitate the production of the ICAAP statement to the PRAProvide subject matter expert knowledge and support at governance forumsPrimary responsibility for the risk reporting process, as well as taking the lead responsibility on the Risk Appetite Statement (both annual review and reporting)

Skills and Experience

A minimum of 5 years experience within an operations risk leadership roleExcellent analytical ability, familiarity with associated toolsKnowledge of the UK financial services regulatory environmentAn ability to think innovatively and broadly across the risk spectrumKnowledge of regulatory capital requirements an advantageExcellent communication and stakeholder management skillsStrong communication skills.

What we offer

A fantastic opportunity to contribute, challenge and learn as we build a bank from scratchA relaxed, sociable and flexible working environment.Great benefits including: life insurance, pension, private medical insurance (including dental and optical), free breakfast and drinks, monthly social events.Competitive salaryOpportunity to be part of a well funded, progressive and exciting Fintech.

Chetwood Highlights

Here are just a few examples of what weve achieved so far and whats coming soon:

Secured strategic investment from Elliott Advisors of £150mil of capital, underpinning the planned growth of the business over the next few years.Secured a full banking licence from the PRA in 2018 - the only retail bank to do sothat year.Launched the LiveLend Reward Loan; the worlds first dynamic loan that responds to improvements in customers credit score.Secured several distribution partnerships with our lending product and have already seen 400%+ growth in new business in the since 2019.Launched SmartSave; providing customers with a simple, online savings account at a great rate.Achieved and maintained an Excellent Trustpilot rating from both lending and savings customers.

Chetwood Financial Ltd does not accept speculative or unsolicited CVs from Recruitment Agencies.

Any unsolicited CVs received will be treated as the property ofChetwood Financial and Terms & Conditions associated with the use of such CVs will be considered null and void.