Senior Risk Manager (Contract)

Job Description Role PurposeLead and maintain the organisations Risk Management Framework, ensuring effective identification, oversight, and management of enterprise, financial, prudential, and operational risks.Provide independent second-line risk oversight, support regulatory risk requirements, and enable senior leadership and Board to make informed risk-based decisions.Manage the Risk team and work closely with Finance and Compliance to ensure coordinated risk and control oversight.Job Description1. Enterprise Risk Framework LeadershipOwn and continuously enhance the Risk Management Framework (RMF).Ensure systematic identification, assessment, monitoring and reporting of risks.Embed risk management practices across operational and strategic levels.Drive risk culture and first-line accountability.2. Risk Governance & AppetiteMaintain and evolve risk policies and supporting standards.Ensure risk appetite, limits and escalation processes are clear and applied consistently.Provide effective second-line challenge to first-line risk owners.Deliver proportionate and commercially aligned governance structures.3. Prudential & Capital Risk OversightOversee forward-looking solvency and capital assessments.Ensure stress testing and scenario analysis are robust and linked to strategy.Provide insight on capital drivers and emerging regulatory developments.Support alignment between risk outputs and executive decision-making.4. Financial Risk & Reporting OversightProvide independent oversight of financial reporting risks and controls.Oversee development and effectiveness of financial control frameworks.Ensure alignment between finance, capital modelling and risk processes.Challenge key prudential and regulatory reporting outputs.5. Operational Risk & ResilienceOversee operational risk framework including risk assessments, incidents and KRIs.Strengthen business resilience, third-party risk and information security oversight.Ensure frameworks evolve in line with regulatory and operational expectations.Mature risk processes within a developing or scaling environment.6. Executive & Board ReportingDeliver clear, forward-looking risk reporting to executive and board forums.Highlight emerging risks, trends and management actions.Ensure consistency and clarity across governance reporting cycles.7. Cross-Functional IntegrationPartner closely with Finance and Compliance to ensure coordinated oversight.Support Internal Audit planning and regulatory engagement where required.Provide oversight of technical risk areas where appropriate.Person SpecificationSignificant senior-level risk leadership experience within a regulated environment.Broad expertise across financial and non-financial risks.Proven track record of designing, enhancing and embedding risk frameworks.Experience partnering with Finance on capital, reporting and controls.Strong understanding of prudential, capital or solvency risk concepts.Exposure to operational resilience, cyber or information risk (desirable).Experience working in scaling, transforming or maturing environments (desirable).Prior operational business experience beyond risk roles (desirable).Degree qualified or equivalent professional experience.

Created: 2026-03-12