Market Talent have been shortlisted and selected to partner with an ambitious new motor-finance start-up as they assemble their founding leadership team. With a strong track record in senior hiring across banking and specialist lending, we are mandated to appoint a commercially minded, strategically capable CRO to help shape the organisation from inception through scale. This is a key appointment with direct influence on the DNA of a new, well-backed market entrant. We’re seeking a driven, agile Chief Risk Officer who is comfortable operating strategically and hands-on, with high ownership and accountability. You will be required to meet your C-Suite stakeholders once per month (GTM: 12–24 months) until greater Birmingham-based visibility is required. Experience in motor finance or motor leasing essentially please.
1. Purpose of the Role
The Chief Risk Officer (CRO) will be responsible for establishing, leading, and overseeing the Risk function. This role will ensure that the company maintains a robust risk management framework that supports sustainable growth, protects the organisation from undue exposure, and aligns with regulatory and corporate objectives. The CRO will embed best practice in risk management across all business areas, ensuring that decisions are made with full consideration of their credit, operational, conduct, and reputational impacts.
2. Key Responsibilities
*Develop, implement, and maintain a comprehensive enterprise-wide Risk Management Framework covering credit, operational and market risk.
*Lead the design and execution of risk strategies, policies, and governance structures that support the company’s strategic objectives.
*Oversee all aspects of credit risk, including underwriting standards, portfolio monitoring, and arrears management for the motor finance business.
*Provide independent risk oversight, challenge, and assurance to the CEO and Board on risk exposures and emerging issues.
*Ensure compliance with regulatory requirements, including those from the FCA and PRA, and maintain an effective relationship with regulatory bodies.
*Chair or actively participate in risk committees, reporting key findings and recommendations.
*Promote a strong risk-aware culture across all levels of the organisation through training, communication, and leadership.
*Oversee stress testing, risk appetite setting, and scenario analysis to support strategic decision-making.
*Work closely with business units to ensure customer outcomes are fair, transparent, and aligned with the company’s values and risk appetite.
3. Qualifications and Experience
*Minimum of 15 years’ experience in a credit risk leadership role with some experience within the motor finance / motor leasing industry.
*Proven experience in establishing and leading risk functions within regulated financial institutions.
*Deep understanding of consumer credit, affordability, and arrears management in an auto finance context.
*Strong background in regulatory compliance, governance frameworks, and risk reporting to senior leadership or boards.
*Bachelor’s degree in finance, economics, or a related field; a master’s degree or relevant professional qualification (e.g., FRM, PRM, CFA) is desirable.
4. Knowledge and Skills
*Expert knowledge of risk management principles, methodologies, and tools used in financial services.
*Strong understanding of the UK motor finance market, including underwriting, pricing, and credit lifecycle management.
*Excellent analytical, strategic, and problem-solving skills.
*Strong communication and influencing skills, with the ability to engage effectively with senior executives and regulators.
*Ability to interpret and apply complex regulatory requirements in a pragmatic and commercial manner.
*Proficiency in risk data analysis, reporting systems, and modern risk management technology.


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