We are inviting applications for Head of Risk for an international Bank based in city of London. Our client is in Wholesale Banking very established Bank in UK. This is a permanent position starting immediately.Key Responsibilities:The primary responsibilities of the position are to: Risk Management Framework and Monitoring of Risk Limits:o Establish, implement and maintain a comprehensive risk management framework and methodologies to cover all internal and external risks.o Prepare and update various risk related policies including but not limited to Risk Appetite Statement, Risk Management Framework, MRM policy, ORM policy, Whistle blowing policy etc.o Challenge and provide risk sign-off for other key policies from 2LOD standpoint.o Monitor credit, market, operational, liquidity and other risks in accordance with the Bank''s risk appetite and escalate any breaches/potential breaches. Credit Risk Assessment:o Review credit proposals to ensure they meet the Bank''s risk acceptance criteria, are within the Bank''s approved risk appetite, and do not expose the Bank to hidden risks.o Review the PQI (Portfolio Quality Index) of the asset portfolio periodically and assess inherent credit risk in the portfolio.o Review and update formats for credit appraisals and conduct periodical review of sector / industry / country exposure of the asset portfolio, in conjunction with Credit teams.o Recommend industry and product exposure ceiling / limits for approval by respective committees, w