Head of Risk
Skills
About the Role
You will develop, implement and run the EU risk management framework for a regulated payment system. You will own risk, compliance and resilience activities, design and operate risk identification and monitoring, oversee incident management and control effectiveness, and maintain AML/CTF and KYC/CDD standards. You will engage with European regulators, produce high-quality regulatory reporting, coordinate cross-jurisdictional risk practices, and assess partnership, liquidity, model, technology and third-party risks. You will also lead governance activities, scenario testing and operational resilience planning, and advise senior leadership and the Board on emerging financial crime and regulatory issues.
Requirements
- Extensive risk management expertise in FMIs, banking or financial services
- Proven capability to design and maintain a risk management framework for a systemically important payment system
- Deep knowledge of EU regulatory frameworks relevant to payments, digital assets, operational resilience and financial crime
- Experience managing supervisory reviews, regulatory findings and remediation programmes
- Strong expertise across operational, technology, cyber, settlement, liquidity, legal, third-party, concentration, model and smart contract risk
- Senior interaction with regulators or experience working at the ECB or other relevant regulators
- Ability to define risk appetite, key risk indicators, incident management and high-quality risk reporting to the Board
- Experience managing regulatory divergence between EU, UK and other regimes
- Willingness and ability to travel within Europe and to the UK as required
- Eligible to work in Europe (no visa sponsorship provided)
Responsibilities
- Serve as executive owner for risk, compliance and resilience activities within the EU payment system
- Provide strategic leadership for risk, compliance and operational resilience strategy
- Establish and lead EU risk governance and policy frameworks
- Design, build and operate the Risk Management Framework covering identification, assessment, treatment, monitoring and reporting
- Lead oversight of incident management and operational events
- Ensure compliance with EU regulatory requirements including DORA, CPMI-IOSCO PFMI and NIS2
- Develop and maintain AML/CTF, KYC/CDD, sanctions screening and transaction monitoring frameworks
- Advise the Board and senior leadership on financial crime and supervisory expectations
- Act as a senior counterpart to European regulators and manage regulatory reporting
- Coordinate cross-jurisdictional risk and compliance practices with other legal entities
Benefits
- Flexible working environment
- Support for flexibility and wellbeing