Nucleus, the UK advisor-built wrap platform, says it has broadened its executive team by hiring Martin Ettles as Chief Risk Officer.

Nucleus says this new role has been created to help promote risk management as a strategic driver of success and Ettles will work with the Nucleus board to formulate the company's risk strategies and oversee their implementation across the business.

His appointment follows an internal review of executive responsibilities prompted by the introduction of the senior managers and certification regime (SM&CR), which was rolled out across the wider financial services sector in December 2019.

Ettles will be responsible for regulatory analysis and monitoring as well as overseeing compliance agreements. He will also promote Nucleus' risk aware culture, monitoring the internal and external environment for opportunities and challenges, and managing internal audit operations.

He has joined from Phoenix Group, where he was Director of conduct and compliance, overseeing regulatory and conduct risk and developing its risk management frameworks. He has over 20 years' experience in the financial services industry, having started his career at Standard Life in 1999.

Ettles will report to CEO David Ferguson, and will also work with Tracy Dunley-Owen, Chair of Nucleus' audit and risk committees.

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Nucleus, the UK advisor-built wrap platform, says it has broadened its executive team by hiring Martin Ettles as Chief Risk Officer.

Nucleus says this new role has been created to help promote risk management as a strategic driver of success and Ettles will work with the Nucleus board to formulate the company's risk strategies and oversee their implementation across the business.

His appointment follows an internal review of executive responsibilities prompted by the introduction of the senior managers and certification regime (SM&CR), which was rolled out across the wider financial services sector in December 2019.

Ettles will be responsible for regulatory analysis and monitoring as well as overseeing compliance agreements. He will also promote Nucleus' risk aware culture, monitoring the internal and external environment for opportunities and challenges, and managing internal audit operations.

He has joined from Phoenix Group, where he was Director of conduct and compliance, overseeing regulatory and conduct risk and developing its risk management frameworks. He has over 20 years' experience in the financial services industry, having started his career at Standard Life in 1999.

Ettles will report to CEO David Ferguson, and will also work with Tracy Dunley-Owen, Chair of Nucleus' audit and risk committees.