Target Group has appointed Jennifer Read as its new head of risk, strengthening its senior leadership team with a focus on compliance and governance.
Read (pictured) brings nearly two decades of experience in operational risk and governance across financial services and fintech. She began her career at NatWest before moving into risk and compliance roles at Barclaycard, Royal London and F&C Asset Management.
In 2010, she joined RBS as operational risk manager for global banking and markets, later holding senior roles at Morgan Stanley, Allica Bank and fintech firm TrueLayer.
Most recently, she headed business risk at Goldman Sachs for Marcus, its retail savings app.
In her new position, Read will lead Target’s second line risk team, working alongside chief risk officer Jonathan Hole. Her remit includes enhancing the firm’s risk management framework, overseeing governance processes, and conducting horizon scanning to identify emerging risks.
Speaking on her appointment, Read said: “Not only is risk a key part of every business, it is also a shared responsibility; it’s important our business remains self-aware in the decisions we make and the impacts of our actions.
“My key focus is making sure we are articulate about our risks, responsible and always striving to do the right things in the right way – for the business, our customers and for our clients.”
Peter O’Connor, chief executive of Target Group, added: “With deep knowledge and expertise across financial services, Jennifer is a fantastic asset and further strengthens our approach to risk, compliance and governance.
“Firm foundations in these areas enable us to best support and protect our clients across the globe and demonstrate our deep domain expertise and unrivalled regulatory knowledge through the innovative and scalable solutions we provide.”
