Group Director of Risk

London Area, United Kingdom

7/4/2025

Location: Flexible working with visits to our office in Wimbledon as and when required.

Salary: Competitive

Contract Type: Permanent.

Are you a proven risk leader working in a regulated environment that is passionate about advising stakeholders on this topic to help achieve business goals?

Do you want to work as part of a progressive risk team, which has our full leadership buy in to drive meaningful business change and growth?

If the answer to the above is yes, then look no further as this could be the ideal opportunity for you!

We have an exciting opportunity for a dynamic and progressive risk professional with a strategic mindset to join the Group Risk & Compliance team as Group Director of Risk. The role holder will be a key member of the Group Risk & Compliance leadership team and will provide group-wide functional leadership of Domestic & General’s Group Risk function.

An integral member of the Group Risk & Compliance leadership team, the Director of Risk will help shape risk strategies fostering a culture of integrity and transparency and will provide valued business partnership, counsel and challenge that supports effective and balanced risk methodologies and risk management.

They will be a member of several Committees and forums including, the Group Extended Leadership Team, the Enterprise Resilience Committee and the Solvency II Working Group.

This is a newly created role, reporting to the Group Chief Risk Officer and with exposure to the wider Executive Leadership Team. This is a certified role under the UK SMCR regime.

Key Responsibilities

 

• Leadership of the Group Risk function, including the development, implementation and oversight of the Group Risk Management Framework.
• Develops, implements, and oversees D&G’s group risk management program, framework and advisory offer, ensuring it supports all markets in which D&G operates, and that the Boards and our leadership group feel confident that D&G is well-positioned to serve its customers while protecting the Group from avoidable risks. This includes designing, maintaining, and promoting awareness and understanding of the Group’s risk strategy, risk management framework and risk appetite framework.
• Responsible for overseeing D&G’s group data protection arrangements and frameworks working with the Data Protection Officer and team.
• Key contributor to Group Solvency II arrangements, including the Solvency Financial Capital Requirements (SFCR) Risk and Solvency Assessment (ORSA), working closely with the Head of Financial Risk, Finance function and wider business regarding operational risk and scenario planning.
• Designs, maintains and oversees Group Risk Management Framework and risk policies ensuring these evolve as the business grows and adapts.
• Ensures proactive monitoring and analysis of emerging risks that could impact D&G, advising leadership on risk strategies and potential operational adjustments.
• Serves as a key liaison with regulatory bodies as required and subject to local market requirements, ensuring the provision of high quality, informed oral and written updates and requests related to risk management matters and/or ensures adequate strategies are in place to meet local market requirements as needed.
• Provision of risk management analysis and reporting to the Executive Leadership Team, Group Risk Committee and Board Audit and Risk Committees.
• Thought leadership and strategic input by way of anticipating and assessing emerging risks that may impact the business and the provision of proactive insight and counsel on these to leadership.
• Drives risk awareness initiatives, embedding a culture of ethical business conduct and continuous improvement.
• Supports ad-hoc risk management activities/business initiatives that may arise from time to time.
  
  

Skills And Experience Required

• Proven track record as a risk professional operating in a leading financial services firm with best-in-class risk management practices with recent experience excelling within a business undergoing significant growth and transformation.
• Strong risk management skills relevant to the D&G business
• Experience setting up and leading a 2nd line risk management capability within a regulated company.
• Experience of managing / leading on data protection matters either through direct ownership or in an oversight capacity
• Demonstrable experience of influencing at Executive and Board level, building strong stakeholder relationships across a senior manager community. This also includes initiating and sustaining constructive relationships with senior stakeholders across expanding international businesses.
• A track record of formulating and offering creative and pragmatic solutions to problems and issues.
• Proficient in building and leading high-performing teams
• Collaborative and inclusive leader who can create a compelling vision for the risk function that attracts high-performing professionals.
  
  

We offer lots of great benefits! Some of which include: 

• Competitive salary and annual discretionary bonus
• 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave
• Training opportunities as well as clearly defined career progression
• Health cash plan – employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more.  Cover also includes unlimited access to a 24/7 virtual GP service
• Attractive company pension scheme
• Life assurance – employer funded cover of 4x basic salary
• Dedicated online benefit portal offering access to saving and lending facilities, financial wellbeing and support services:
• Salary Finance – access to savings and borrowing through payroll
• Car Leasing – access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand-new vehicles
• Travel Loans – interest free loans to help spread the cost of annual travel tickets
• Cycle to Work – tax efficient bike and cycling equipment worth up to £1,000
• Health & Wellbeing – discounted gym membership, online virtual workout sessions, online culinary classes
• OnHand – Giving you the opportunity to be an Eco & Social volunteer via a handy app. Volunteer individually or in groups to get involved in Youth Mentoring, Food Poverty, Homelessness & Elderly help.
• Employee Assistance Programme – specialist advice and support on issues such as finance, relationships, illness and family issues
• Free Domestic & General protection plan – one free plan each year with access to discounted rates of up to 50% on additional plans, including referrals for family and friends
• Employee discounts – with a range of discounts for 100s of online and high street retailers
  
  

Domestic & General are an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.

Please note that we have a thorough referencing process, which includes criminal record checks.

At Domestic & General, we are proud of our 100-year legacy and excited about our future growth plans. We are expanding our horizons, entering new markets and territories internationally and we need your expertise to help us on the journey.