Head of Risk l Funds Management
6 days ago
Milford is a high-performing investment management business with over $30bn funds under management and a vision to be New Zealand's most iconic investment company. We are a proudly staff-owned firm, driven by delivering exceptional outcomes for our clients, while fostering a collaborative, ambitious, and forward-thinking culture.
We are now commencing a search for a newly created Head of Risk to lead the risk function and help shape the future of how we think about risk.
Why this role matters
Milford is entering an exciting phase of growth and maturity — a point where resilience, discipline, and efficiency are critical to sustaining future success. The Head of Risk will be pivotal in shaping this next chapter, ensuring the risk function is a dynamic enabler of performance and progress.
This role offers a chance to embed a mindset where risk is woven into the fabric of everyday decision-making. With the strong endorsement of a highly engaged CEO, CRO/GC and BARC Chair, the Head of Risk will have both the authority and the backing to build a resilient framework that drives long-term value and confidence across the organisation.
The Head of Risk will:
- Lead the Line 2 risk function and work closely with Line 1 risk owners in the business and with the Head of Compliance and Head of Internal Audit, across NZ and Australia, spanning investment, operational, conduct, and emerging risks.
- Drive a pragmatic, outcomes-focused risk culture uplift – moving risk beyond registers and into day-to-day decision-making.
- Partner with senior leaders and the Board, providing independent insight, challenge and support.
- Embed contemporary risk practices: agile, integrated, and proactive – with continual improvement at the core.
- Lead and coach a high-performing team, while still rolling up your sleeves.
- Oversee frameworks, policies, and reporting that meet regulatory obligations (FMA, ASIC, APRA) and provide transparency across the business.
What we're looking for
- 10+ years' experience in risk leadership, ideally in asset management, banking, or financial services.
- Proven ability to influence at Board and executive level, with strong communications and presence.
- Practical, real-world experience embedding risk frameworks and culture.
- A proactive mindset: you look for improvement, set the business up to succeed, and bring people with you.
- The ability to lead through complexity.
Why join Milford?
At Milford, people succeed by being client focused, collaborative, outcome-driven, respectful, and a little different – embracing innovation and individuality. We are a high-performance business where resilience, adaptability and pragmatism are celebrated.
Please contact Jenny Parker – Partner at Convergence for a confidential discussion about this new opportunity on or
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