Job Description

Job Advert


As the Chief Risk Officer, reporting to the Chief Operating Officer, you will be responsible for identifying and mitigating risks that could impact Channel's financial performance, reputation and long-term viability, ensuring prompt and effective action is taken to address identified risks as they arise.

Status: Permanent

Working hours: Monday - Friday;

40 hours per week; 8:30am- 5:30pm

Location: Office based; 77 Charlotte Street, London W1Y 4PW with some flexibility to work from home up to 2 days per week

Reporting to: Chief Operating Officer

Salary: Upwards to 150K p.a. incl. long term incentive scheme -

Subject to Experience level

Are you?

Seeking an opportunity to become a C-suite executive in private credit/asset-backed finance for a leadership firm based in London, operating in N America, EU, UK and GCC region Apply a combination of alternative data-driven insights and technology, exceptionally experienced team and a three-lines of defence model to risk identification, control and monitoring? Experience in specialty finance and corporate credit assessment and workouts Driven and energetic leader in risk management and governance practice

Do you have:

Senior level experience in a senior risk management role? Experience in asset-based lending to corporates providing working capital solutions using a variety of financing structures, including securitisations, receivables and funding credit portfolios such as revenue based finance, payables finance, inventory and other forms of collateral? Appropriate qualifications in Finance and lending products? Experience of working in an FCA regulated environment or similar?

We would love to hear from you.

The opportunity:

This is a senior management role in the business where you can have significant influence in the development of the business using your knowledge and experience in a corporate lending environment. You will be expected to get stuck in from day one:


Responsibilities of the Chief Risk Officer are split as follows:

Policies and Procedures + Overall enterprise-wide risk management of credit, market, operational and reputational risks.
+ Developing and implementing risk management strategies and policies to effectively protect Channel.
+ Monitoring and evaluating risk management activities to ensure they are effective and remain "fit for purpose". Maintain the 3 Lines of Defence risk management practice across the business and ensure that everyone knows their roles and responsibilities within it.



Governance and Risk Appetite + Maintain Channel's Risk Governance framework, including internal controls and management of operational risk.
+ Work with senior management to articulate and control Channel's risk appetite for credit, market, operational and reputational risks
+ Ensure all staff are aware of Channel's risk policies and procedures. Make these accessible to all staff and provide additional advice and support as necessary.



Technology, Reporting and Communications + Leverage technology we have developed known as Magic, which combines Finley Technology to track covenants and termination events and supplemented by Open Banking (Re:Cap), Sikoia (AML KYC) and Neotas (reputational deep dive).
+ Report on risk issues to the Executive Committee and Board of Directors (as required)
Develop and maintain suitable risk dashboards covering all aspects of the activities of Channel. Communicate as required to other stakeholders including investors, borrowers, rating agencies and other Channel board members.


Staffing and Leadership + Lead the activities of other members of the Risk Management and related team. Ensure team members are appropriately trained and supported in their roles.
+ Ensure adequate resourcing of the risk management function, making recommendations as appropriate, to the ExCo regarding staff additions or changes.
+ Apply our proprietary ESG scorecard to monitor risks across the portfolio



Risk Monitoring: + Ensure proactive management of post-investment relationships from deal initiation to exit.
+ Understand how to apply ratings methodology to transaction level data to promote monitoring capabilities
+ Consider the ongoing use of enhanced technology and the "Magic" technology stack of Channel to automate and hyperscale the risk management process.
+ Implement risk mitigation strategies to safeguard portfolio performance.
+ Prepare comprehensive portfolio risk reports for presentation to the Ex-Co & Board.

Who are we?

Established in 2007, Channel is a recognised funding partner of choice, having facilitated over $12bn of transactions to the alternative finance sector.


With a pristine regulatory and compliance track record, we actively enable alternative lenders who operate in the SME space, to grow their portfolios of B2B lending products. Channel provides financing structures from $5m up to $150m in the US, Canada, EU and UK, and GCC region


We apply environmental, social and governance (ESG) scorecards to identify forward looking risks across the globe.

What can we offer you?

Our people are at the core of what we do. Channel's benefits package is designed to enable all colleagues to thrive in an inclusive and supportive environment. We also offer the opportunity to participate in the future success of the company via equity participation schemes.


Channel is based in the vibrant and thriving City of London. We are located on Charlotte Street W1, minutes away from Goodge Street tube station. It is a modern, open plan workspace that encourages learning & development and a sense of camaraderie.

Culture & personal development

We're a firm with real entrepreneurial drive and we don't believe in squashing people's individuality. We want you to use your unique talents and experiences to help the firm grow. You can only do that by being yourself. And working closely and collaboratively with people throughout the firm. That's why we foster a culture that encourages you to be yourself.



We'll give you bespoke support to develop your own career. Whether that's through allowing you to "access all areas" across the firm, funding you through training for professional development qualifications, or making sure you have a structured career plan, we'll make sure your talents are being nurtured. Our simple values of adaptability, teamwork, integrity and problem solving are vital to our successes at Channel; if you value these as well too, please join our team and share in our journey as we continue to grow.

Who are you?

We are looking for someone who has:

Proven corporate lending experience in the ABL/ABS sector -

essential

A degree or industry-based qualification -

desirable

Proven risk management experience -

essential

Demonstrable credit analysis skills

- essential

Proven leadership and management experience, having managed teams previously -

desirable

Great communication skills and be able to communicate and adapt your style to different stakeholders -

essential

Proven commercial and financial acumen - business minded -

essential

Confidentiality and integrity skills and experience

-essential

IT skills; Microsoft Outlook, Word, intermediate level Excel -

essential

Numerical skills

-essential

Strong attention to detail skills

- essential

Right to work in the UK -

essential

You will have:

Strong attention to detail skills Professional and confident in your approach Able to work on your own initiative A 'getting things done' type of person Friendly and great team player Proactive, problem solver and solution focused Self-Motivated and prepared to go the extra mile Be positive, adaptable and flexible Able to hit the ground running Have the right to work in the UK


As a person, you will be a team player - we are a small business and don't just look after our own departments; we look after each other too, to ensure that the whole business is successful. You will be creative but methodical in your thinking - our creative strategy and decisions are always led by well-informed research and data. You will be confident and take ownership of your decisions.


At Channel we are committed to creating an inclusive workplace where everyone feels valued, motivated and able to be themselves. All applications will only be considered on merit and the applicant's suitability to meet the requirements of the role.



We would love to hear from you!