Head of Risk (2LOD)
DEGIRO revolutionizes the way people invest, thanks to efficient technology investors can save on average 80% on costs. DEGIRO is a pan-European stock broker originally established in Amsterdam in 2008. Currently DEGIRO offers services to more than 208,000 clients across 18 countries in Europe.
DEGIRO is able to provide all investors with transparent institutional rates thanks to its innovative technology and cost-focused approach. We offer fees which are on average 80% lower than our competitors, while providing access to global stock exchanges, real time prices and super fast execution through our website and app. By reducing the barriers to entry and making it affordable to trade, DEGIRO makes global investing possible for everyone.
To make sure that the DEGIRO and its users are protected to the maximum extent possible against IT Risks and security threats that could jeopardize their integrity, privacy, reputation and business outcomes. We are looking to further professionalize the 2nd line of Defence with an experienced Head of Risk. The main goal will be to ensure the Board is aligned to the agreed risk appetite and monitor key risks and embed the Risk Framework,
together with a team of dedicated Risk Managers.
Tasks:
-Establish and maintain the Risk framework, aimed at identifying and mitigating Risks (IT-, operational- and financial-) and effectively embed this framework from a financial and operational perspective. Responsible for managing projects related to Risk improvements and monitor and report on Risk.
-Agree a risk appetite with senior management and with the company;
Ensure the Board is aligned to the agreed risk appetite and keep them updated on changes as appropriate.
-Manages the team of Risk Managers, i.e. facilitates these in the performance of their various tasks and sees to it that they effectively manage the compliance risks as identified. Sees to it that the 2nd line Risk managers are sufficiently supported in their professional development. Part of this is also making sure the level of seniority required to adequately fulfill the requirements is reflected in the set-up of the team.
-Introduce practical structures to monitor and manage key risks.
Oversee the management and reporting of key risks through the use of risk registers and other appropriate tooling.
-Work closely with all levels of management and business to support effective risk-based decision making. Work with other governance functions to ensure risk methodology and risk appetite are aligned across the first, second and third lines of defense.
-Assist in the preparation of Board and senior management communications.
Responsibilities:
-Managing the 2LOD risk function and as such act as a linking pin between the regulatory requirements, the internal regulations and the organization itself.
-Contribute to mitigating risk, and thereby facilitating the organization in reaching her goals.
-Being a trusted advisor on risk issues, willing and able to challenge the organization if needed.
-Being accountable to the Board of Directors for the execution of the 2nd line Risk function and also timely inclusion/escalation to the Supervisory Board in case of urgent matters that need to be addressed.
-Responsible for 2nd line risk monitoring and follow-up on related incidents.
Escalation and reporting on areas of concern to senior stakeholders (BoD)
Candidate profile:
-University Degree in related field;
-Minimum 12 + years of relevant experience in overseeing critical aspects of Financial Risk, Operational Risk and Information Technology Risk;
-Managerial experience;
-Design, planning, coordination and performance of audits and risk evaluations of controls in the field of information security;
-Experience with definition and implementation of information risk management systems;
-IT/ Operational Risk Analysis and Management (ISO 27001, etc);
-Expert advice in the definition of IT control solutions;
-Good knowledge of Investment/ Trading business, processes, procedures and systems;
For questions and/or expressing your interest, please contact Joep Corstiaensen. Email: joep@yourrecruitmentmatters.nl or mobile: +31 6 180 806 45