Head of Risk (Contract)

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

This role leads the Americas Risk Management function, overseeing a team of three professionals responsible for ensuring the region’s risk profile, governance, and activities align with global standards. The position partners closely with Divisional CROs and the Americas management team to embed effective risk management into strategic and operational decision-making. It provides oversight of the region’s end-to-end risks, ensuring issues are identified, prioritized, and mitigated in line with the Group’s Enterprise Risk Management Framework. The role also serves as the primary regional contact for risk-related regulatory matters and contributes to global risk governance and reporting.

Role Responsibilities

• Manage a team of three Risk Management professionals who all have global line managers and divisional risk management responsibilities, but also have to ensure the risk profile, activities and governance are appropriately managed for the region in line with the responsibilities below.

• Work closely with the Divisional CROs to ensure the priorities of the regional staff are understood and accommodate regional requirements

• Act as a trusted advisor to Americas management team, providing risk management advice and input on strategic and operational matters, including support for strategic decision making

• Ensure risk management is embedded into decision-making and day-to-day operations

• Ensure the end-to-end risks of the region are managed properly, ensuring alignment with risk tolerance.

• Review and constructively challenge the Americas’ risk profile to ensure risks are identified and mitigating actions implemented, as appropriate

• Ensure the Risk Team acts as a triage function – identify, prioritise and escalate risk to ensure timely and effective resolution

• Ensure that Group’s Enterprise Risk Management Framework (ERMF) is effectively implemented and operating across the Region

• Operate the region’s risk governance structure, including chairing or supporting the committee/management forum responsible for oversight of the risk profile. Contribute to global risk committees and governance processes

• Ensure timely and accurate risk reporting to regional Management, the Risk function, and relevant Group fora

• Ensure the regional risk team is:

  • properly identifying, evaluating and assessing the divisional and regional risks in appropriately, including the monitoring of emerging risks

  • overseeing the identification and remediation of risk events, including issue tracking, action plans and risk acceptances

  • contributing to the Group's Risk Assurance oversight, including thematic and deep-dive reviews, control assurance, and issue follow-ups 

• Monitor the region's risk profile on an ongoing basis, including oversight of appropriate Key Risk Indicators (KRIs) and thresholds

• Provide risk management input, constructive challenge, and oversight for new business initiatives, M&A activity, change management, and product development processes

• Ensure the region complies with regulatory requirements for risk management and support the preparation of risk-related regulatory submissions

• Provide accurate and timely risk analysis and insights to stakeholders to drive conscious, informed risk taking and decisions

• Act as the main point of contact for risk-related matters with regulators

• Collaborate closely with the centralized Risk Centres of Excellence (COEs), leveraging their specialised expertise to support risk management across the region

Reporting Line 

• CRO, Liquidnet and Interim Head of Compliance, Americas

Experience / Competences

Essential

• Proven experience in a senior risk leadership role within a global institution, preferably in financial services or a broker-dealer environment

• Deep understanding of operational risk, enterprise risk management, and U.S. regulatory frameworks

• Strong understanding of the equities, fixed income, exchange traded derivatives, FX, and Energy & Commodity markets and associated products

• Strong stakeholder management skills, with the ability to influence at executive and board levels

• Demonstrated ability to lead regional teams and manage complex risk issues

• Bachelor’s degree in a relevant field of study

• Strategic thinker with strong analytical and problem-solving skills

• Hands-on operator with a proactive and collaborative leadership style

• Excellent writing, communication, and presentation skills

• Commercially minded, with a strong understanding of business drivers

Desired

• Experience in financial risk management

• Knowledge of electronic and algorithmic trading

• Experience with GRC platforms and risk analytics tools

• Well-connected within the risk management community

$1400-$1500 day

Function 8

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