Responsibilities
- Risk management of the Company;
- Safeguarding the Company’s risk management and promoting a risk focused culture in consideration of its organization, business, reputation and its internal and external stakeholders (shareholders, staff, clients, regulators, suppliers);
- Implementing the risk management framework and internal control system including policies and procedures established by the Board;
- Ensuring risk management process (on-boarding, monitoring etc.) towards clients is consistently performed;
- (daily) monitoring of the various risk exposures of the ICES businesses, including risk reporting and intraday exposure monitoring;
- Defining business requirements and clear specifications for development, upgrades and enhancements to ICES risk infrastructure;
- Contributing to ad-hoc requests for development and solutions in time-critical situations;
- Planning, directing, managing all risk activities within the Company;
- Ensuring control of risk and regulatory responsibilities in line with applicable legal and regulatory requirements;
- Ensuring that operational risk assessment system is closely integrated in risk management processes including well documented risk assessments;
- Reporting to the Board regarding risk matters;
- Leading by example by upholding high standards of integrity, instilling ICE Core Competencies and at all times, acting in the Company’s best interests;
Knowledge and Experience
- Experience within the broad financial services arena, the successful candidate is required to have had extensive exposure to risk management in the trading environment.
- The candidate should demonstrate knowledge of the Dutch, European and/or international financial services environment and market sectors ICES operates and the relevant regulation (including MiFID) and business practice and developments.
- Demonstrates an in-depth understanding of risk management processes, risk analysis, identifying solutions, using decision making process and systems administration in line with sound risk management policies.
- Exercising sound judgement, reasonable care, skill and diligence in carrying out his/her powers and duties.
- The successful candidate will require a strong intellect, proven experience and expertise, good judgement, discretion and is able to appropriately balance between commercial interest and risks.
- Excellent diplomatic and communication skills. S/he will need a collaborative approach.
- Understands the importance of providing guidance and oversight that helps management to operate the business more effectively and appropriately handling any concerns.
- Analytical, able to assimilate information quickly. The ideal candidate will bring clear insights and lucidity of thought and expression to the Board’s deliberations.
- Challenges effectively and in a non-confrontational manner, independent of mind and sound business judgement. Has the capacity to challenge the Board when s/he believes something is wrong and is prepared to stand his/her ground, if necessary, with the gravitas to deliver their views with authority.
- A wide perspective on business, financial and risk management issues.
- Down to earth, personable with an ego that is under control.
- Mature and flexible, with a rigorous approach to the manager’s duties, combined with the ability to judge when greater involvement may be appropriate.
- Has high ethical standards, is trustworthy and able to maintain confidentiality.
- Demonstrate the financial literacy required for a proper understanding of the Company’s activities and associated risks. Satisfy him/herself as to the integrity of financial information and that controls and systems of risk management are robust and defensible
