Simon Proctor

Chief Risk Officer

Simon joined the bank in August 2025. As Chief Risk Officer, Simon leads a team who are entrusted to ensure the Bank follows sound practices and complies with our regulatory and governance requirements. Reliance Bank also operates within strict ethical boundaries, so Simon and his team ensure that the activities of the Bank are managed, monitored and reported appropriately. Simon is a member of the Executive Committee, Risk & Controls Committee and Assets & Liabilities Committee.

Simon has a strong track record in Risk Management roles in the UK financial services sector. Simon has a keen understanding of regulatory governance with skills in Credit Risk, Financial Risk and Risk Management and experience of ICAAP, ILAAP, IFRS9 P&L impact and balance sheet management.

“I am proud to work for a bank that offers an alternative to traditional banking by focusing on positive social and environmental impact. Our customers deposits contribute to providing funding to organisations that deliver positive social impact in the UK. The organisations we provide funding to provide support for the deprived, isolated and overlooked at the edges of society – We call it Giving money meaning”.

Past Experience

Simon has enjoyed a career in banking and asset finance spanning over 25 years. Simon held positions at Ashman Bank, Al-Rayan Bank (Head of Credit Risk), Paragon Bank (Credit Risk Manager), CAF Bank (Head of Lending), Barclays (Head of High Value Lending) and GE Home Lending (Regional Risk Manager).

Simon studied at the University of Derby where he completed a B.A. Hons in Business Management and Marketing.