Head of Enterprise Risk - 18-24 Month FTC

Job Details

Profile

Who we are:

Triodos Bank is an award-winning organisation and one of Europe’s leading sustainable banks, whose mission is to make money work for positive social, environmental, and cultural change. We finance companies, institutions and projects that add cultural value and benefit people and the environment, with the support of depositors and investors who want to encourage corporate social responsibility and a sustainable society.

Our mission is -

• To help create a society that promotes people’s quality of life and that has human dignity at its core.
• To enable individuals, institutions, and businesses to use money more consciously in ways that benefit people and the environment and promote sustainable development.
• To offer our customers sustainable financial products and high-quality service

We’re a certified B Corporation, meaning that we are part of a community of businesses driving the shift to a new kind of economy, that is better for workers, better for communities and better for the environment.

The Opportunity

The Head of Enterprise and Financial Risk Management (ERM) is a pivotal role for the bank, accountable to the UK Chief Risk Officer (CRO) and responsible for the Enterprise and Financial Risk Management team, including the Risk Strategy, Enterprise-Wide Risk Management Framework, Risk Appetite, and oversight of Prudential Risk.

In this role you will be a champion for the Risk function, driving evolution structurally and culturally as the bank grows and the Risk Management Framework develops to support this growth. As Head of Enterprise Risk, you will attend the Asset & Liability Committee and will oversee the Integrated Second Line Risk Reporting to the Core Management Committee and Board Risk Committee. You will also specifically have responsibility for the 2^nd line risk strategy, assurance and challenge over Enterprise Risk, Model Risk, Market Risk, Liquidity Risk and Strategic Risk.

As part of the Leadership Team for the Risk Function, you will be integral to creating a high performing environment, developing, and coaching others to reach their maximum individual potential.

This is a full-time opportunity offered on an 18 month – 24-month fixed term contract basis and offers flexible hybrid working. Typically, this will require you to work from the Bristol office 2 days per week with a choice of working from home or the office on the other days. Some travel to our other office locations and our head office in the Netherlands will be required.

This role is designated as a Certification Regime role within the Senior Managers and Certification Regime under the category “Significant Harm” because the role has a high level of responsibility and autonomy of action within the authority delegated to it.

In addition, key responsibilities will require you to:

• Develop and drive the risk strategy for oversight of market, liquidity, capital, model and strategic risk, including the drafting, updating and implementation of relevant policies, processes, and guidance.
• Embed, maintain, and enhance the bank’s Enterprise-Wide Risk Management Framework (RMF), 3 Lines Model, Risk Taxonomy and Risk Appetite Framework
• Develop and execute the Enterprise Risk oversight assurance plan, for Strategic, Liquidity, Capital, Market risks and Treasury Operations
• Own responsibility for the development, maintenance, monitoring and education of Risk Culture
• Attend and deliver insight in the Asset and Liabilities Committee (as a member), Non-Financial Risk Committee and Monthly Credit Committee, to Deputise for the Chief Risk Officer at these and other Senior Committees when required, and be recognised as a trusted partner for the Senior Management Team
• Comply with all regulatory obligations and internal governance to help ensure ethical behaviour, working to deliver good customer outcomes and avoiding foreseeable harm in line with Triodos’ practice of putting customers at the heart of what we do.

What we are looking for:

To be successful in this role you have will have extensive UK Prudential Risk knowledge, operating comfortably and confidently at senior levels, with an ability to bring foresight, insight, and challenge to day-to-day activities.

You will possess a depth of relevant experience working in a financial services organisation, including within a 3 Lines of Defence model and a strong knowledge of UK financial services regulation is essential.

In addition, an excellent understanding of the UK prudential regulatory regime, including the ICAAP and ILAAP requirements and Recovery and Resolution planning, ideally with a regulatory background, will be required for this opportunity.

Triodos Bank is proud of its culture, ethos, and ability to make a positive change in society. It is important that candidates evidence a strong commitment to Triodos Bank’s core values of ethical sustainability and transparency, as well as the personal qualities to live these values. The successful candidate will operate with the highest integrity; demonstrate a deep understanding of the mission of Triodos Bank and willingness to take responsibility for safeguarding, representing, and contributing to the development of that mission.

Offer

In return for your hard work and expertise, you will receive a salary of between £90,000- £104,000 - Full time equivalent salary depending on experience, plus access to our extensive benefits package, where most of our benefits are non-contributory.

Our benefits include:

• Non-contributory pension scheme from your first day of 8% in year 1 and 10% from year 2 onwards
• Life Assurance (worth 4 times basic pay)
• Income Protection - 75% of basic pay after 13 weeks sick and following six months service.
• Private Medical Insurance with optional enhanced or HCP family coverage
• A Health Cash Plan
• Vitality Leave – After each 5 years of service, you will be able to take a sabbatical of up to 3 months.
• 27 days (Full Time Equivalent) annual plus bank holidays per annum increasing to 30 days after 2 years’ service.
• A buy and sell holiday scheme of up to 5 days (Full Time Equivalent) to maximum of 35 days.
• 5 days fully paid carers leave.
• A wellbeing allowance of £200 a year
• 1 Wellbeing Day
• Free yoga classes
• Co-worker retail discounts
• Cycle to work scheme.
• Refer a Friend scheme.
• Colleague recognition voucher scheme

We recognise that we’re on a journey with regards to diversity and inclusion and would therefore welcome applications for candidates from underrepresented and neurodiverse backgrounds. We value that receiving applications from candidates with diverse backgrounds is key in supporting our inclusive organisation to grow. We don’t want to miss out on candidates who feel they don’t exactly match the job description requirements, so if this is a role that sounds interesting to you, and you feel you could add value to the role please do apply. You could be exactly what we need!

Triodos reserve the right to close the vacancy once sufficient applications are received, so please do apply asap if this opportunity is of interest to you.

Closing Date: 28/09/2023