The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
Regulatory Fines Avoided
The direct financial impact of avoiding regulatory penalties due to robust risk technology and reporting.
Target · Zero material regulatory fines related to risk technology or data reporting annuallyIn 2024, our firm avoided a potential £5M fine for BCBS 239 non-compliance because the risk data aggregation systems you oversaw were fully auditable and accurate.
Total Cost of Ownership (TCO) Optimisation for Risk Tech
Reducing the overall cost of running and maintaining the firm's risk technology estate, including infrastructure, licensing, and support.
Target · Achieve a 10% reduction in TCO for the risk technology portfolio over a 3-year periodBy consolidating three legacy risk platforms into one modern GRC system, you reduced annual licensing and maintenance costs by £2M, contributing to the 3-year TCO target.
Strategic Project Portfolio Delivery
Successful delivery of major, multi-year risk technology programmes that address key strategic or regulatory imperatives.
Target · Deliver 90% of strategic risk technology programmes on-time and within 10% of approved budgetThe 'Next-Gen Credit Risk Platform' programme, with a £15M budget and 3-year timeline, was delivered two months early and £500K under budget, meeting all key regulatory milestones.
Risk Data Quality & Lineage Audit Outcomes
The number and severity of audit findings related to the integrity, accuracy, and traceability of risk data within the systems you oversee.
Target · Reduce 'High' or 'Critical' audit findings related to risk data quality by 50% year-on-yearAfter a targeted data governance initiative, the 2024 external audit reported zero 'High' severity findings for risk data lineage, compared to three in 2023.
Board and C-Suite Confidence
The extent to which the Board and Executive Committee proactively seek your input and trust your strategic recommendations on risk technology matters.
- Regular invitations to Board Risk Committee meetings
- direct consultation by the CEO/CRO on major strategic initiatives
- your recommendations are consistently adopted for significant investments
- positive feedback in annual 360-degree reviews from executive peers.
Regulatory Relationship & Reputation
How the firm is perceived by key regulators regarding its risk technology capabilities and responsiveness.
- Regulators view you and your team as proactive and transparent partners, rather than just a compliance hurdle
- the firm is cited by regulators as an example of good practice in risk technology
- you're invited to participate in industry working groups on emerging risk tech challenges.
Organisational Culture & Talent Development
Building a high-performing, engaged, and innovative risk technology team that attracts and retains top talent.
- Voluntary attrition rates for critical risk technology roles are below industry average
- high engagement scores in internal surveys for your department
- a clear and adopted talent development programme for future risk tech leaders
- your team is recognised for thought leadership internally and externally.
Strategic Influence & Thought Leadership
Your ability to shape the firm's broader technology and risk strategy, and to represent the firm as a thought leader in the industry.
- Your strategic papers are regularly presented to the Executive Committee
- you're a keynote speaker at major industry conferences
- your team's innovative solutions are adopted by other departments
- you're seen as the 'go-to' person for complex risk tech challenges across the firm.