Chief risk officer uk

Poste et missions


Overall Purpose

In this role they have overall direct responsibility for credit, market and operational risk and oversight of enterprise risk, model risk and structural balance sheet risk through the provision of services from Head Office to the UK.

Will be responsible for the risk of the Nordic region originated through the UK and Stockholm branch (soon to be opened)

SMF responsible for the Risk Function in the UK for the CIB branch of Natixis.

SMF responsible for Natixis London’s approach on Climate Risk Management (2nd line of defence).

The UK CRO is responsible for the UK risk management framework of governance and committees as established and reviewed by the UK CRO from time to time.

As the UK platform head for Risk, he is an executive member of the Natixis Risk Management Committee. This overarching Risk Committee is chaired by the Natixis CRO.



Main Responsibilities

* Oversight and supervision of the credit risk for the UK portfolio of Natixis:
* Oversight and supervision of the UK Market & Counterparty Risk, defined as all market and counterparty risk generated by transactions booked in London for UK trading activities and for the Counterparty risk.
* Oversight and supervision of Enterprise Risk management for the UK entities through close cooperation with the Head Office ERM function with the EMEA CRO and EMEA risk officers
* Oversight and supervision of the UK Operational risk perimeter defined as the risk borne by London
* Management of all risk staff in the UK including evaluations, training and professional development
* Contribution to the management and governance of the Risk Division through participation in Head Office Committees and notably the Natixis Risk Division Management Committee
* As a UK SMF, participation, contribution and validation when appropriate to all UK Branch committees as specified under the governance
* Contribute to the country risk envelope process for London (discussion with Country Risk Management in Head Office and participation to the CRG validation of the limits)
* Ensure adherence to the Risk Appetite Statement as set out in the annual Natixis risk appetite framework
* Adherence to Natixis Risk policies and procedures and their application
* Participation and contribution to all risk related committees in the UK as well as ad hoc BPCE committees as and when appropriate.
* Application of the International Risk Charters which govern the relationship between the International platforms and Head Office
* In the capacity of Chief Risk Officer UK, interacts as necessary with the UK regulators
* Establish and manage a climate and environmental risk framework in the UK
* This implies having the holistic view and oversight of all credit risk borne by the bank on UK-based customers under the responsibility of the Senior Country Manager UK, even when booked in Paris or elsewhere, through dedicated committees and regular portfolio reviews allowing the UK CRO to carry out such task.
* Monitors UK Watch List and participates to their review in the CIB Watch List Committee
* UK credit files are not necessarily reviewed by UK based credit analysts reporting to the UK CRO, who will rely on the credit files prepared by the non-UK based analyst when forming their opinion.
* Oversight of UK Counterparty Risk through a Counterparty Risk manager reporting to the EMEA Head of Market Risk and the EMEA CRO



Conduct and Risk Culture



To comply with all applicable external and internal requirements on Conduct and Risk Culture, including, but not limited to:



* The FCA Senior Managers Rules and Individual Conduct Rules;

* The Natixis Code of Conduct;

* All relevant Laws, Regulations, Market Standards and Codes.



Ensuring, both your own and Natixis behaviour and activity:



* Supports the fair treatment of customers and promotes the duty to avoid harm;

* Maintains market integrity and fosters healthy competition;

* Prioritises good personal conduct and the appropriate treatment of colleagues;

* Recognizes the duty owed to other stakeholders and to wider society.



Fostering a healthy Risk Culture where you:



* Act as a role model, showing the highest level of professional ethics and integrity, ensuring your decisions and actions are always in alignment with conduct expectations.

* Support business ownership and engagement in proactively managing their conduct risk, assessing and mitigating issues and identifying emerging themes;

* Recognize and proactively address conduct risks relevant to your own department;

* Maintain an environment where challenge and a diversity of viewpoints is encouraged and supported, all staff are treated equitably, and where issues are promptly escalated.





Profil et compétences requises


Economic and mathematical background to understand risk issues and complex transactions.
Ability to effectively manage a team.
Ability to manage, propose and approve detailed analysis.
Ability to explain and provide recommendations on transactions in credit committee and discussions with credit and business officers.
Good knowledge of European financial markets and complex financial instruments.
Ability to maintain and keep up to speed on new markets and products.
Communicate effectively with all RSD departments and business lines.
Ability to represent the bank at external seminars, meetings and communicate effectively with all external contacts.
Good knowledge of legal documentation.
Good knowledge of bank risk management systems and processes
Strong Global Markets risk knowledge as well as the other elements of risk
Experience of UK regime
Strong knowledge of funds and institutional clients as well as corporate