Expire in: a month
Job Title: Head of Risk
Location: Aberdeen / Hybrid (approx. 2 days pw in the office). Can consider Edinburgh also
Contract Duration: 12 Months
Daily Rate: £(Apply online only)/day (Umbrella)
IR35 Status: Inside IR35
Our client is seeking a dynamic and experienced Head of Risk to lead the development and implementation of an enterprise-wide risk management framework, with a strong emphasis on financial and investment risk. This is a pivotal role in a newly established organisation, requiring someone who can build risk capability from the ground up and ensure robust governance across investment activities.
Key Responsibilities
Strategic Leadership:
Design and implement a comprehensive risk management framework aligned with the organisations mandate.
Define and maintain risk appetite statements in line with Board objectives.
Build internal risk capability and manage external advisory support.
Financial & Investment Risk
Lead identification and monitoring of credit, market, liquidity, and counterparty risks.
Oversee risk-adjusted performance analysis across equity, infrastructure, guarantees, loans, and grants.
Conduct stress testing and scenario analysis.
Ensure compliance with UK financial regulations.
Governance & Reporting:
Maintain the strategic risk register and produce reports for the Board and Audit & Risk Committee.
Provide second-line oversight and challenge on investment proposals and portfolio performance.
Embed risk management practices across all business units.
Policy & Framework Development
Establish risk policies, standards, and procedures.
Drive improvements in risk systems, analytics, and reporting.
Culture & Capability
Promote a risk-aware culture through training and engagement.
Build and lead a high-performing risk team, collaborating closely with Investment and Development teams.
Essential Criteria
Extensive experience in financial risk management within investment banking, infrastructure finance, or public investment institutions.
Expertise in credit risk, market risk, and portfolio risk modelling.
Strong knowledge of UK regulatory frameworks and public-private investment structures.
Professional qualifications such as RM, CFA, or PRM.
Desirable Criteria
Experience in renewable energy or infrastructure sectors.
Familiarity with government reporting and assurance requirements.
Experience in start-up environments.
Background in investment funds or wealth organisations.
Knowledge of revaluation and economic capital modelling.
Disability Confident
As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.
Armed Forces Covenant
CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.
If you qualify for the above, please notify us on (phone number removed).
We will be in touch to discuss your suitability and arrange your Guaranteed Interview.
Should you require reasonable adjustments at any point during the recruitment process or if there is a more accessible way for us to communicate, please do let me know.
To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)
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