Description:
This role is fundamental to the success of the Fnality UK team as we propel towards the launch of our Fnality UK payment system. Our culture is fast-moving, so we’re looking for someone who is super organised, confident using technology along with having laser focus whilst balancing multiple priorities.
You will be reporting into the Chief Risk Officer within the 2nd line of defence team.
The main outcomes of the role are:
- Work in a regulated environment, with direct accountability to the CRO for overseeing the management of risk of the Sterling Fnality Payment System
- Promote a risk culture that is embedded in every policy and process of the company
- Oversee embedding of the new risk framework for Fnality UK, ensuring full compliance with regulatory expectations.
Your main responsibilities will include (but not limited to):
- Understanding relevant regulations and requirements and policies applicable to Fnality and the broader industry we operate in
- Monitoring and identifying how to control risk and improve controls.
- Taking a hands-on approach to staying informed, provide insight and guidance to the internal team,
- Provide critical updates to regulators/customers and other external stakeholders.
- Reporting on the risk management of Fnality UK internally (e.g. to the CRO, CEO) and externally (e.g. to the regulators), building effective working relationships with them
- Managing and monitoring the risks associated with outsourced functions to assure the level of service required to manage a systemically important payment system
What we need from you:
- Substantial financial services regulatory compliance risk experience and expertise, preferably gained in a payments environment.
- Strong understanding of the relevant regulations applicable to Fnality UK, (e.g. the Principles for Financial Market Infrastructures and CHAPs Reference Manual) and the broader trends that inform them
- Strong communication skills to influence on the importance of risk and compliance to your colleagues and other stakeholders
- Understanding what good risk management looks like and the ability to help shape the embedding of a new framework and potentially risk management system
- Flexibility in approach to ways of working, open mindedness with regards to ambiguity as well as ability to be comfortable with a fast-paced environment and rapidly changing priorities.