Job Details

Country Chief Risk Officer

London, Greater London, United Kingdom, Permanent

Posted: 18days ago


Country Chief Risk Officer UK


Your role

The UK Risk Department provides, in an integrated way, oversight of credit, market, operational, liquidity, reputational, regulatory and other risks in the UK Chief Risk Officer's (CRO) geographical area of control, as outlined in the allocation of roles and responsibilities in the Governance Framework Policy (GFP) and the Entities Risk Charter (ERC).

The objective of the department is to advise on optimising the risk profile and managing all uncontrolled risks for the local organisation through:

  • Providing an integrated overview across the risk taxonomy;
  • Providing an integrated management framework of risk across businesses within AAB UK and ABF UK; ensuring a single point of contact towards (local) regulators for risk matters; monitoring and regular reporting of risks in a clear and concise manner; and effecting checks to ensure adoption of policies, plans, rules and procedures to decrease the risk of unexpected losses or damage to the bank's financial position and reputation.


In your role as UK CRO you have a specific focus on matters concerning multiple business lines, such as country wide regulatory risk issues, local funding issues and local country risk issues.

Risk management activities (monitoring, reporting, and advice) are performed in close cooperation with the various risk departments on local and central level (ABN AMRO Markets (UK) Limited

risk monitoring is provided by Risk NL) and encapsulate the full scope of risk factors in the bank's Risk Taxonomy, e.g. credit risk, market risk, liquidity risk, operational risk and business risks.

As UK CRO you follow the strategy / risk procedures set by Group Central Risk Management (CRM) in Head Office and guidelines of the local regulators.

The UK CRO is independent from business management and is a member of the UK Executive Committee.

In your role as UK CRO you are responsible for:

  • Risk Management and oversight of the various activities in the country according to the mandate set out in the IRC for risk governance;
  • The CRO is fully responsible for the management of all forms and types of risk in all Business Lines and all legal entities within its respective geographical scope.;
  • Set standards and best practices
  • Monitor and manage risk processes
  • Monitor and manage risk exposure
  • Ensure competent advices and decisions
  • Foster a transparent, risk conscious culture
  • Be a partner for the businesses and head office
  • Representation, networking and knowledge transfer.

Ideal Experience

  • University degree in Economics, Econometrics, Business Administration, Statistics, Mathematics or related field or equivalent level of knowledge
  • Experience in risk management (or a similar role) within a banking environment. Expertise in risk management (or a similar role) in an international network environment
  • Managerial experience, leading a team of professionals within a financial institution.
  • Meaningful experience working with relevant external third parties, e.g., regulators, rating agencies, investment banks, external auditors, consulting firms
  • Thorough knowledge of finance and related fields, i.e., banking and financial instruments; credit and market risk; accounting rules and practices; and financial modelling
  • Thorough understanding of risk management and performance management methodologies
  • Thorough knowledge of Basel II regulation and regulatory capital requirements, as well as other legal and compliance requirements
  • Good understanding of bank IT systems, management information, and reporting systems
  • Sound knowledge of and/or experience with the different lines of business in the relevant geographical scope.
  • Overall vision on the developments in the financial industry and ability to relate this to the relevant geographical scope
  • Ability to represent the bank in a professional manner to all internal (e.g. management) and external (e.g. regulatory authorities) stakeholders
  • Uses one modern language (English) in communication with internal parties in: - the international organisation
  • formal internal documentation and presentations; and
  • with external parties (e.g. local regulators, rating agencies, other banks).

Job Details

London, Greater London, United Kingdom