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Chief Risk Officer (SMF4, SMF16)

Employer
OakNorth Bank
Location
Charing Cross, Central London, United Kingdom
Salary
Competitive Salary
Closing date
Mar 28, 2023

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Job Role
CFO
Sector
Finance
Contract Type
Permanent
Hours
Full Time
MissionOakNorth Bank are currently in the market recruiting for a new Chief Risk Officer, a key once in a decade opportunity, to join us as we start “Chapter 2” of OakNorth’s great story (our current Chief Risk Officer who has done a great job and has been with us for almost a decade has decided to take a step back given the life stage he’s in). We are looking to hire a commercial and pragmatic CRO who can help develop the business through this next stage. This is a key strategic SMF4 and SMF16 role within the bank and will report directly to the CEO / Board. Regarding technical risk knowledge, we need a CRO who has strong Operational Risk, Credit Risk and Prudential Risk experience.This will be the 2nd CRO OakNorth has had since inception, and we are looking for someone who can act not only as a strong leader within Risk and Compliance, but also as a strong commercial and business leader who can help to guide the business through our growth strategy and trajectory.Attributes:
    • Risk SME – Prudential, Credit, Operational, Compliance, Financial Crime
    • Successful candidate will have a commercial / business partner mindset
    • Approach to risk proportionate and judgment based
    • Holistic / global / strategic big thinking approach who will strategically guide the function and build good and empowered people under them
    • Managed large risk and compliance teams of 30+
    • Can demonstrate that they can challenge effectively
    Benefits & Perks:
      • Equity. We want people to have a stake in the business so that all our interests are aligned
      • 25 days holiday
      • Personalised benefits – opt-in to what matters to you
      • Enhanced family leave
      • Paid volunteering days off
      • Wellbeing and social events
      • Barista bar
      About UsWe’re OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace. Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools. And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market. But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed. Our story OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken. Why was it so difficult for a profitable business with impressive cashflow, retained clients, and clear commercial success to get a loan? The industry was backward-looking and too focused on historic financials, rather than future potential. So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses? No more what ifs, OakNorth Bank exists. For more information regarding our Privacy Policy and practices, please visit: London /OakNorth Bank – Risk & Compliance /Full time/ On-site

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