UK remote
Group Head of Enterprise Risk
About this role
Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. Read more about our story here. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone.
We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices. Hybrid Working We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We're asking that you attend the office a minimum of 10 days a month. We are seeking an experienced risk expert and leader to join our team as Group Head of Enterprise Risk .
The successful candidate will be responsible for developing and overseeing the implementation of the Bank and Group’s Enterprise Risk Management Framework (ERMF). The individual will also support the Group Director of Enterprise and Operational Risk in further embedding associated risk activities, such as risk policy management and risk culture throughout the organisation, contributing to ongoing risk management maturity.
Key accountabilities: Own and maintain the Group and Bank ERMF, ensuring roles, responsibilities, and accountabilities for risk management are clearly understood across all three lines of defence. Complete the annual review and refresh of Group and Bank ERMF, for approval by the Board, and develop and maintain supporting standards, procedures and guidance documents as needed. Communicate changes to the Group and Bank ERMF to all relevant stakeholders, across all three lines of defence.
Act as an SME for enterprise risk management and provide advice and challenge on the application of the ERMF and risk management practice to all three lines of defence. Research leading practices on enterprise risk management and develop proposals to continuously improve components of the ERMF. Own and maintain the Risk Taxonomy. Complete periodic review and refresh of the Taxonomy, for approval by the CRO. Monitor the effectiveness and level of embedding of the ERMF and take action to improve both where needed, and report on findings to the Board.