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Operational Risk Manager (Payment & Fintech) – Luxembourg
Salary Competitive + Bonus + Benefits
TRM International are pleased to introduce this excellent opportunity, based in Luxembourg, for an experienced Operational Risk Manager to spur on their career, within a disruptive company in the payments industry.
They are family oriented managed business with a pleasant working culture and ethos and have high business ethics, and values, with a focus to create simple, compliant, and disruptive payments solutions.
This an excellent opportunity for a committed Risk professional with managerial background within a similar role in a financial, payment of institution, to join a fast-growing team. You will already be based in Luxembourg, or open to relocate to Luxembourg, or able commute local from Germany, France, or Belgium.
You are comfortable to collaborate directly with business wide Management and be part of an entrepreneurial team focused on ensuring that the Governance, Risk, Regulatory, and Control Frameworks are operating effectively across business wide operations. This includes an active role in the continuous improvement of the operating control environment.
This is an Enterprise-Wide Risk Assessment (EWRA) opportunity, to analyse and identify overall business risks, including onboarding new clients. This is a wider risk management role – where you need to know the Luxembourg market - Ideally from a Payment Institution / Retail Banking, with already developed relationship with regulatory institution (CSSF) - With overall business Risk Management (Ops, People, Finance, IT, own all Departments) - Strong background across all risk issues – Think outside the box, find, discuss, and implement solutions driven expertise.
Your Opportunity:
Run the risk management function across the regulated entity
Participate in independent reviews of the operating model whilst identifying and escalating all remediation requirements resulting from recommendations
Formally analyse functional and support gaps, identify risks, propose solutions, and manage execution
Measure the Risk Framework against agreed risk appetite and tolerance levels
Partner with Business and Technology to deliver efficiency and control improvements through process analysis, collaboration, design, and implementation
Provide operational support for senior business managers and supporting groups within Core Product
Working closely with the CCO, Risk Committee, other executive and non-executive committee members across the business in shaping a high-achieving, well-controlled organization that can achieve growth targets safely
Participate in independent reviews of the operating model whilst identifying and escalating any and all remediation requirements resulting from recommendations
Formally analyse functional and support gaps, identify risks, propose solutions, and manage execution
Primary liaison and source of information for all compliance, complaints, data protection and client care issues for fee-earners, support staff and other managers in relation to risk
Providing ad-hoc assistance in projects, as a subject matter expert
Your profile:
Master's degree with a consistent track record of academic success
Professional Qualification in Risk Management (certified path)
Fluent English written and spoken (German, French a plus)
5+ years of previous experience within a Payment, Fintech, Retail Banking or Financial institution, working in an wider ops risk manager role
Proven experience in control testing and assessment activities
Knowledge of the Luxembourgish regulatory environment and key regulatory regimes, including basic understanding of EU, UK, or APAC regulatory landscapes
Excellent communication and presentation skills, with the ability to influence and motivate others
Problem-solving and decision-making skills, with the ability to analyse complex information
Success in managing third-party vendors and outsourced services - Strong financial services and products acumen - Basic understanding of financial and strategic planning
Your offering:
The unique opportunity to be part of building up a fully digitalized payment institution - Nurturing environment where ideas will be heard, discussed, decided together, and implemented - Open-minded start-up mentality.
Apply to Sade Farrow at TRM International today by sending your CV and portfolio. Call us for a confidential chat to find out more +44 203 3781278
Thank you!
