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Head of Risk

To oversee all aspects of risk control, ensuring that business is conducted within the operational risk and other relevant risk limits decreed by the Management Board.

Opened:

Head of Risk

Frankfurt, Germany
Travel: To other Group Offices
Reports to: CEO
 

Job Purpose: To oversee all aspects of risk control, ensuring that business is conducted within the operational risk and other relevant risk limits decreed by the Management Board.

Role Responsibilities: Oversee and champion all aspects of the risk control environment, including governance, communication, maintenance and development of the Spectrum Markets risk framework and continued compliance with prudential regulations.

Major Responsibilities:

  • Develop and maintain the local risk strategy.
  • Provide support, advice and reporting for the senior management on risk related matters.
  • Lead the continued development of the local risk department through the areas of governance, team development and technical awareness.
  • Oversee and develop the key functions of the Risk department to ensure they are in line with regulatory requirements and market standards, including:
    • Production and review of the ICAAP.
    • Oversee and review stress testing.
    • Develop and prepare proposals for the Management Board regarding the local risk appetite.
    • Regulatory capital management and compliance with the rules.
  • Ensure risk management is embedded within the culture, including building strong links with the other control functions of Compliance.
  • Manage the local Risk Control department including drafting Risk Control policies and procedures and overseeing the division of responsibilities locally.
  • Develop and maintain business continuity arrangements.
  • Provide key management information and reports for local and group management.

About Spectrum Markets: Spectrum is the latest in a long line of trader-focused innovations from the IG Group, a global leader in retail trading and investments. An intelligently designed exchange combining a pan-European network and extended trading hours with greater access, transparency and efficiencies. We believe in embracing change to create opportunity, without ever having to compromise. Welcome to a better way in retail trading.

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