Head of Credit Risk

Aberdeen - UK

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Job Description

Head of Risk

Aberdeen (or Edinburgh)

Hybrid (2 days on site)

12 Month Contract

Up to 950/Day Rate (Inside IR35)

Overview

Our energy client is looking for a Head of Risk to build implement and lead its enterprise-wide risk management (ERM) function. This foundational role will establish the organisations risk capability with a strong focus on governing financial and investment activities.

Key Responsibilities

Strategic Development: Design and deploy a comprehensive ERM framework and risk appetite statements aligned with the Boards objectives.
Capability Building: Establish the internal risk function team and systems; manage external advisory support.
Financial & Investment Risk:
- Lead the identification monitoring and analysis of credit market liquidity and counterparty risks.
- Oversee risk-adjusted performance analysis for the entire portfolio (equity infrastructure loans grants).
- Conduct robust stress testing and scenario analysis.
Governance & Oversight:
- Provide second-line oversight and challenge on new investment proposals and portfolio performance.
- Maintain the strategic risk register and produce comprehensive reports for the Board and Audit & Risk Committee.
Culture & Compliance:
- Embed a risk-aware culture through effective training and engagement.
- Ensure all activities comply with UK financial regulations.

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 FRM 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.

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Required Experience:

Director

Job DescriptionHead of RiskAberdeen (or Edinburgh)Hybrid (2 days on site)12 Month ContractUp to 950/Day Rate (Inside IR35)OverviewOur energy client is looking for a Head of Risk to build implement and lead its enterprise-wide risk management (ERM) function. This foundational role will establish the ...