See more Collapse

Risk Manager Fnality Uk

2 months ago

London, Greater London, United Kingdom eFinancialCareers Full time

Introduction

Here at Fnality, we are powering the future of finance, together: combining best in class technology with free-flowing creativity, and expertise that can make business better for everyone.

There are no precedents for what we are doing. With you on our side,we will be setting new ones every day.
In a complex world, we are here to bring clarity and make positive change.

Fnality UK Limited (Fnality UK) is the newest and first entity within the Fnality Global Payments ecosystem, the operator of a newly regulated inter-bank payment system for the United Kingdom.

Fnality UK operates on a Lean resourcing model.

There are currently8 employees for Fnality UK, which are supported by the wider organisation of around 80 people, so we need people to be flexible and happy to get involved in a variety of tasks.


The Risk Manager Role:

Fnality UK is looking for a Risk Manager to complement the teamwho can demonstrate competencies which will enable them too successfully:

  • Work in a regulated environment in the financial sector, with accountability (supporting the CRO and Risk individuals) to regulators and the Board for the management of risk of the Sterling Fnality Payment System (
    SterlingFnPS)
  • Promote a risk culture that is embedded in every policy and process of the company (Technology, Security, Personnel, Environment etc)
  • Inform the design and implement of the risk framework for Fnality UK to ensure full compliance with regulatory expectations whilst maintaining the Fnality Ways of Working approach
  • Support alongside the CRO and CEO the successful operation of the Sterling FnPS

You will need to take accountability for:

  • Monitoring and identifying how to control risk and improve controls.
  • Taking a handson approach to staying informed, provide insight and guidance to the internal team,
  • Provide critical updates to regulators/customers and other external stakeholders.
  • To understand relevant regulations and requirements and policies applicable to Fnality and the broader industry we operate in
  • Reporting on the risk management of Fnality UK internally (eg to the CRO,CEO) and externally (eg 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

Required competencies:

  • Substantial financial services regulatory compliance risk experience and expertise
  • Strong understanding of the relevant regulations (e.g. the Principles for Financial Market Infrastructures) and policies applicable to Fnality UK, and the broader trends that inform them)
  • Previous experience dealing with and understanding of the approach and mindset of the regulators in the UK.
  • Strong communication skills to emphasise the importance of risk and compliance to your colleagues and other stakeholders
  • Flexibility in approach to ways of working, open mindedness with regards to ambiguity as well as ability to be comfortable with a fastpaced environment and rapidly changing priorities.

Nice to have:

  • Experience of fintech or startup/ scale up pace and ways of working
  • Understanding or experience of the Agile Methodology and way of working

A bit more about us
Digital transformation is changing our lives, work and businesses. While other sectors evolve however, financial markets remain slow, fragmented and siloed. What the world needs now is a future-facing financial system for the digital age.
At Fnality, we have been speaking - and listening - to the real users of today's financial systems.

From businesses to banks, there is a clear, collective ambition for a simpler, faster, safer and more resilient payment system; one that can move and settlemoney quickly and efficiently, with minimised risk and much more transparency.


Fnality Global Payments
We are building a new payment system that will enable tokenised, peer-to-peer markets.
Fnality Global Payments (FnGP) will comprise a series of national systems, each regulated in its home jurisdiction. We call each of these a Fnality Payment System (FnPS)

In each payment system, a Fnality settlement asset will act as the settlement/payment asset for any Payment (P), Delivery v, Payment (DvP) or payment vs.

payment (PvP) need.
FnGP are underpinned by Distributed Ledger Technology (DLT).

The nature of DLT is such that it enables FnGP to:

Operate a true peer-to-peer market
Allow for immediate settlement
Interoperate across business platforms and jurisdictions

The key benefits of the above are:
Reduced counterparty and credit risk
Reduced operational risk
Efficient liquidity management
An ability to move resources from risk mitigation to business growth

Eligibility

This Risk Manager role is with the entity running the UK FnPS, it is a UK based role, and you must be eligible to work in the UK.


Please note we cannot sponsor visas for this role.

How will we use the information about you?
We will take appropriate security measures to safeguard your information in accordance with data protection legislation.
If you would like further information about how your information may be processed by us, please contact us at.

We have other current jobs related to this field that you can find below

  • Lead Risk Management Strategist

    7 hours ago

    London, Greater London, United Kingdom IQ Risk Full time

    Lead Risk Management StrategistConsumer Finance SectorWe are collaborating with a prominent Consumer Finance organization in their quest for a Lead Risk Management Strategist. This role presents an exceptional opportunity to architect, execute, and integrate the Operational Risk framework alongside the risk management systems during a transformative phase.As...

  • Lead Risk Management Strategist

    7 hours ago

    London, Greater London, United Kingdom IQ Risk Full time

    Lead Risk Management StrategistConsumer Finance SectorWe are collaborating with a prominent player in the Consumer Finance sector to identify a Lead Risk Management Strategist. This role presents an exceptional opportunity to develop, execute, and integrate the Operational Risk framework alongside risk management systems during a transformative phase.As the...

  • Senior Risk Assessment Manager

    9 hours ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Position Overview:The ideal candidate will be responsible for first line credit authorization and overseeing credit risk across a diverse portfolio of Non-Bank Financial Institution (NBFI) clients, including Real Money Funds, Regulated Funds, Pension Funds, and Asset Managers. This role encompasses various financial instruments such as derivatives,...

  • Risk Manager

    2 months ago

    London, Greater London, United Kingdom HCA Healthcare UK Full time

    Risk ManagerThe Lister HospitalPermanent, Full TimeCompetitive depending on experience + Excellent Benefits (pension, health cover, flexible benefits and excellent career development) About HCA Healthcare:HCA Healthcare UK is the country's largest provider of privately funded care with 800,000 patient interactions every year. From complex and urgent care, to...

  • UK Risk and Compliance Manager

    5 hours ago

    London, Greater London, United Kingdom GroupM Full time

    Position Overview We are seeking a qualified professional to take on the role of UK Risk and Controls Lead within GroupM. This pivotal position is designed for a dynamic individual who will oversee a dedicated team while collaborating with various stakeholders across the organization. About GroupM GroupM is the leading global media investment management...

  • Senior Risk Management Consultant

    4 hours ago

    London, Greater London, United Kingdom Ark Workplace Risk Full time

    Senior Risk Management Consultant - Fire Safety Ark Workplace Risk is a leading provider of operational risk, compliance, and safety solutions, serving a prestigious and diverse clientele. We are in search of a highly skilled and experienced Risk Management Consultant specializing in fire safety, health, and safety management to enhance our team. As a Risk...

  • UK Risk and Compliance Manager

    11 hours ago

    London, Greater London, United Kingdom GroupM Full time

    Position Overview This role is situated within the GroupM Central Finance Function, primarily supporting various operating units. The position oversees a team while collaborating closely with multiple stakeholders, including commercial leads, financial planning and analysis, and compliance teams. Role Objectives We are seeking an individual to...

  • Risk and Quality Control Manager

    8 hours ago

    London, Greater London, United Kingdom BDO UK Full time

    BDO is a prominent accountancy and business advisory firm dedicated to supporting ambitious and rapidly growing enterprises in the UK. They deliver exceptional guidance and solutions to assist organizations in navigating the complexities of today's evolving landscape.Position: Quality and Risk Management ManagerKey Responsibilities:Oversee and direct a team...

  • Manager of Quality and Risk Oversight

    7 hours ago

    London, Greater London, United Kingdom BDO UK Full time

    BDO is a prominent accountancy and business advisory firm dedicated to supporting ambitious and rapidly growing enterprises in the UK. They deliver exceptional guidance and solutions to assist organizations in navigating the complexities of today's evolving landscape.Position: Quality and Risk Management ManagerKey Responsibilities:Oversee and lead a team of...

  • Lead Credit Risk Officer

    9 hours ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Position Overview:The ideal candidate will be responsible for overseeing first line credit approvals and managing credit risk across a diverse portfolio of Non-Bank Financial Institutions (NBFIs), including Real Money Funds, Regulated Funds, Pension Funds, and Asset Managers. This role involves working with various financial products such as derivatives,...

  • UK Head of Compliance and Risk Management

    9 hours ago

    London, Greater London, United Kingdom Amazon Full time

    Amazon's Risk and Compliance Solutions (RCS) division is in search of a seasoned Head of Compliance and Risk Management to spearhead the team responsible for overseeing Amazon's regulated payment and lending operations in the UK. The ideal candidate will possess a strong history of developing and enhancing compliance frameworks within the payments and/or...

  • Senior Lending Risk Specialist

    7 hours ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Position Overview:The ideal candidate will be responsible for the initial credit approval process and oversee credit risk across a diverse portfolio of Non-Bank Financial Institution (NBFI) clients, including Real Money Funds, Regulated Funds, Pension Funds, and Asset Managers. This role involves working with various financial instruments such as...

  • IT Risk Management Consultant

    8 hours ago

    London, Greater London, United Kingdom BDO UK Full time

    Welcome to BDOJoin our esteemed team at BDO, a premier accountancy and business advisory firm committed to aiding entrepreneurial ventures in today's ever-evolving landscape. We collaborate closely with high-growth enterprises across diverse industries to deliver critical insights and solutions that propel success.Discover new opportunities with usBecome a...

  • Senior Risk Management Officer

    7 hours ago

    London, Greater London, United Kingdom Prime Personnel UK Full time

    Position OverviewPrime Personnel UK is on the lookout for a skilled professional to join our esteemed Risk Management team. This role is pivotal in overseeing and enhancing our risk management framework.Key ResponsibilitiesDaily Risk Oversight: Engage in comprehensive risk management activities, with a strong emphasis on liquidity risk and Asset Liability...

  • Quality Assurance and Risk Control Manager

    6 hours ago

    London, Greater London, United Kingdom BDO UK Full time

    BDO is a prominent accountancy and business advisory firm dedicated to supporting ambitious and high-growth enterprises across the UK. They offer expert guidance and innovative solutions to assist organizations in navigating the complexities of today's evolving landscape.Position: Quality and Risk Management ManagerKey Responsibilities:Oversee and lead a...

  • Risk Business Partner, UK

    1 month ago

    London, Greater London, United Kingdom Bolt Full time

    We are looking for a Risk Business Partner to join Bolt's team and lead our regulatory efforts in the United Kindgom.About usBolt is one of the fastest-growing tech companies in Europe and Africa, with over 100 million customers in 45+ countries. We're a global team of more than 100 nationalities joined on a common mission – to make cities for people, not...

  • Risk Business Partner, UK

    1 month ago

    London, Greater London, United Kingdom Bolt Technology OÜ Full time

    We are looking for a Risk Business Partner to join Bolt's team and lead our regulatory efforts in the United Kindgom. About us Bolt is one of the fastest-growing tech companies in Europe and Africa, with over 100 million customers in 45+ countries. We're a global team of more than 100 nationalities joined on a common mission - to make cities for people, not...

  • Operational Risk Management Specialist

    7 hours ago

    London, Greater London, United Kingdom Zenith Bank (UK) Limited. Full time

    Job OverviewAbout Zenith Bank (UK) Limited:Zenith Bank (UK) Limited (ZBUK) operates as a subsidiary of Zenith Bank PLC, a prominent financial institution in Nigeria recognized for its outstanding performance and innovative solutions. The organization is committed to enhancing trade and investment opportunities between Nigeria and Europe through its...

  • Adviser for Governance and Risk Management

    8 hours ago

    London, Greater London, United Kingdom UK Power Networks Full time

    Position Overview:The Governance, Risk & Compliance Adviser will collaborate closely with the Risk Governance & Compliance Manager, contributing to the operational excellence of UK Power Networks Services. This role is pivotal in ensuring robust governance and compliance practices within the organization.Compensation:Attractive salary package with...

  • Operational Risk Management Specialist

    8 hours ago

    London, Greater London, United Kingdom Zenith Bank (UK) Limited. Full time

    Job OverviewAbout Zenith Bank (UK) Limited:Zenith Bank (UK) Limited (ZBUK) operates as a subsidiary of Zenith Bank PLC, a prominent financial institution in Nigeria recognized for its outstanding performance and innovative banking solutions. The organization is committed to enhancing trade and investment opportunities between Nigeria and Europe through its...