capital - Head of Risk UK

• UK Risk Accountability and Framework Ownership • Own the UK enterprise risk management framework end to end, ensuring it is proportionate, current, and aligned with FCA expectations under SYSC, PRIN, and Consumer Duty • Maintain the UK Risk Register with clear ownership, assessment methodology, defined review cycles, and escalation triggers • Own the UK risk management framework and RAS, translating Group risk appetite into UK specific decision boundaries that reflect local regulatory constraints • Provide independent 2nd line oversight and challenge to 1st line risk owners across operations, technology, client services, and commercial functions (excluding dealing, which reports separately) • Outsourced Risk Service Management • Act as the intelligent client for risk services delivered by the Group Risk team, including but not limited to: market risk monitoring, credit/counterparty risk assessment, quantitative risk modelling, stress testing, and risk MI production • Define and document what the UK entity requires from Group Risk in terms of scope, quality, timeliness, and regulatory standard, formalised through an intra group service level framework or equivalent • Monitor and challenge the quality and completeness of Group Risk outputs before they are used in UK governance forums, board packs, or regulatory submissions • Identify gaps between Group Risk delivery and UK specific regulatory requirements, and escalate where those gaps create risk to the UK entity’s compliance posture • Maintain an outsourcing risk assessment for Group Risk services consistent with FCA expectations for oversight of outsourced critical or important functions under SYSC 8 • Ensure that the UK entity retains sufficient knowledge and capability locally to oversee outsourced risk functions, avoiding inappropriate dependency on Group without independent local scrutiny • Regulatory, Prudential, and Conduct Risk • Lead or substantively oversee the UK ICARA (Internal Capital Adequacy and Risk Assessment) process, coordinating with Group Risk and Group Finance on stress testing, scenario analysis, and capital/liquidity adequacy • Ensure market risk, credit/counterparty risk, and concentration risk are monitored and reported to a standard that meets MIFIDPRU requirements, whether produced locally or by Group • Integrate conduct risk assessment into product governance, pricing decisions, and client outcome monitoring in line with Consumer Duty (PRIN 2A) • Oversee operational risk including business continuity, IT resilience, and third party risk, ensuring the UK entity maintains visibility even where platforms and infrastructure are managed at Group level • Reporting and Management Information • Deliver risk MI to the UK Board, UK ExCo, and relevant governance committees on a defined cadence, with clear narrative on trends, near breaches, breaches, and required actions • Own and maintain Key Risk Indicators (KRIs) across all material risk domains, each with predefined thresholds and mandatory escalation actions • Prepare risk sections for board packs, regulatory returns, and FCA supervisory engagement materials • Critically assess risk MI received from Group Risk before presenting to UK governance forums, ensuring it accurately reflects UK specific exposures and is not simply a Group level aggregation • Stakeholder Engagement • Act as the primary point of contact for risk matters with the FCA during supervisory interactions, skilled persons reviews, and thematic exercises • Maintain effective working relationships with the Group CRO and Group Risk team, balancing collaborative alignment with independent challenge where UK interests diverge from Group priorities • Engage with internal and external auditors on risk related findings, ensuring timely remediation and structural fixes • Team and Capability Building • Build the UK risk function progressively as the office grows, identifying where local capability is needed versus where Group delivery remains appropriate • Embed a risk aware culture across the UK office through training, practical challenge, and visible engagement with 1st line teams • Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated. • Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid • Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry. • Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team. • Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks! • Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits! • Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community. • Be a key player at the forefront of the digital assets movement, propelling your career to new heights! Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity. Work alongside one of the most brilliant teams in the industry.