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Posted 1 day ago
Head of Business Risk & Compliance
PSR
📍 Edinburgh
Hybrid
Job description
Head of Risk
Join Great British Energy and be part of powering the UK's Clean Energy Future.
At GBE, we're not just building an energy company - we're shaping the future of the UK's energy landscape.
Drive clean energy deployment across the UK as a strategic developer, investor, and owner of renewable projects
* Deliver benefits for communities and taxpayers, ensuring the clean energy transition creates jobs, boosts local economies, and increases public ownership
We focus on innovation, sustainability, and impact, working on projects that matter - from large-scale national renewable investments to empowering local and community energy initiatives.
Career growth: Opportunities to develop expertise in cutting-edge energy technologies and strategic investment
* If you want to make a real difference and help power a greener, fairer future for the UK, GBE is the place for you.
We welcome applications from all backgrounds and communities. Great British Energy is looking for a Head of Risk to join our GBE Local Directorate Team. This role will play a key part in contributing to projects, objectives, and wider organisational goals.
Develop and implement a comprehensive risk management framework aligned with GBE's mandate and investment strategy
* Lead the identification, assessment and management of risks arising from GBE's investment and financing activity, including equity investments, loans, grants and hybrid instruments
* Own and operate the transaction risk assessment framework, ensuring consistent evaluation of financial, commercial, legal and delivery risks across all deals
* Work with deal teams to ensure appropriate risk mitigations are built into transaction structures
* Working with the delivery units, identify where external due diligence is required and ensure that it is appropriately scoped
* Lead assessment and monitoring of financial risks across GBE's portfolio, including credit, market, liquidity, and counterparty exposures
* Advising the investment team & committee in determining appropriate return rates for investments
* Work closely with Finance colleagues to ensure risk assessments are aligned with financial models, accounting treatments and funding constraints
* Design, implement and maintain GBE's risk management framework, aligned with HM Treasury's Orange Book. Embed a risk-aware culture into the organisation and ensure appropriate reporting to Audit Committee and Board
* Lead the articulation and embedding of risk appetite, and ensure that transactions and operational activities are in line with agreed risk tolerances
* Establish and continuously improve risk policies, systems, and analytics capabilities
* Promote a risk-aware culture and build a high-performing risk team with strong collaboration across business units
A full financial qualification (CCAB, CIMA, CIPFA or equivalent)
* Significant senior‑level experience in risk management, with a strong emphasis on financial transactions, investments and project finance
* Deep understanding of financial, commercial and counterparty risk
* Ability to communicate complex risk issues clearly to senior executives and boards
* Experience in energy, infrastructure, investment or public‑sector financing
* Familiarity with HM Treasury frameworks
* Experience working alongside finance, legal and investment teams on live transactions
* Professional qualification in risk, finance or a related discipline
Personal Qualities
* Works collaboratively, valuing different perspectives and building inclusive relationships
* Competitive base salary
* Performance-related bonus scheme
* Excellent pension scheme
* 4x salary life assurance
* 38 days annual leave
* Flexible working arrangements
* Ongoing professional development and training
* Principal Talent Acquisition Specialist or press the Apply button now.