Risk & Compliance Lead
7 days ago
Key Responsibilities
Oversee the risk function, maintain, and address any deficiencies in the company's risk management framework.
Maintain all risk policies and procedures.
Perform regular documented risk assessments and coordinate the risk and control self-assessments across 1 and 2 Line of Defense.
Foster, develop and enhance a strong risk management culture, across all categories of risk, throughout the fintech.
Manage and continually develop and enhance the fintech's Enterprise Risk Management Framework and day-to-day risk management processes.
Monitor changes in fintech's activities and ensure that risks arising from any significant changes are considered within the Risk Management Program.
Oversee incident management and ensure monthly and quarterly reporting on incidents.
Be the main owner of the Group Risk Management Tooling, perform user acceptance testing, maintain the data, train 1st Line of Defense on tool usage, prepare reporting from the tooling.
Create regulatory reports in line with regulatory requirements.
Oversee fraud management and case resolution within 2nd Line of Defense.
Review new product initiatives and provide feedback to tech, product and commercial teams on risk and compliance requirements.
Key Requirements
Bachelor's degree or equivalent level of work experience.
10+ years experience as a Risk/Compliance professional at a payment/e-money institution, fin-tech and/or financial regulatory agency.
Experience in and understanding of payments, e-money or wallet products/services, banking functions, MSBs and merchant processing.
Strong leadership and communication skills, with the ability to effectively manage and guide a team.
In-depth knowledge of risk and compliance.
Familiarity with mobile money platforms and a passion for delivering exceptional customer experiences in a dynamic and fast-paced environment.
Ability to promote the company culture, values and behaviors and to ensure standards of performance are accepted and understood.
Ability to be proactive in terms of identifying and addressing risk and management issues that are arising.
Ability to coordinate completion of multiple tasks and meet aggressive time frames.
Ability to take initiative and work independently with minimal supervision in a structured environment.
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