Are you seeking a dynamic FinTech VP of Risk Management to revolutionize your organization’s digital landscape?
At Storm2, we specialize in connecting innovative FinTech companies with top-tier professionals. In this post, you’ll find a VP of Risk Management job description and key responsibilities for the role.
VP of Risk Management responsibilities include …
- Developing and implementing risk management strategies, policies, and procedures aligned with business objectives, regulatory requirements, and industry best practices.
- Leading and mentoring a team of risk management professionals, providing guidance, coaching, and support to drive performance and professional growth.
- Collaborating with senior leadership, including the CEO, CFO, and other executives, to define risk management goals, priorities, and budgets.
- Identifying, assessing, and prioritizing risks across all areas of the organization, including operational, financial, regulatory, and reputational risks.
- Developing and implementing risk mitigation plans and controls to manage and reduce identified risks to acceptable levels.
- Monitoring and analyzing key risk indicators (KRIs) and metrics to measure risk exposure, identify emerging risks, and inform decision-making.
- Conducting risk assessments, audits, and reviews to evaluate the effectiveness of risk management processes and controls.
- Ensuring compliance with regulatory requirements, industry standards, and internal policies, and liaising with regulatory authorities as needed.
- Building and maintaining relationships with internal stakeholders, external partners, regulators, and industry associations to stay abreast of industry trends, best practices, and regulatory developments.
Looking to hire a VP of Risk Management
Try this VP of Risk Management job description ⚡
VP of Risk Management
Department: Risk & Compliance
Location: Remote
As the Vice President (VP) of Risk Management, you will be a key leader in driving risk management excellence and compliance within our leading FinTech company. Operating at the forefront of risk management strategy and execution, you will lead and mentor risk management teams to identify, assess, and mitigate risks effectively. This remote position offers a unique opportunity to shape the future of our risk management efforts and contribute to our mission of transforming the financial industry.
Reporting Structure: You will report to the CEO
VP of Risk Management Job Scope and Responsibilities
- Developing and implementing risk management strategies.
- Leading and mentoring the risk management organization.
- Collaborating with senior leadership.
- Identifying and assessing risks.
- Developing risk mitigation plans and controls.
- Monitoring and analyzing key risk indicators.
- Ensuring compliance with regulatory requirements.
- Building and maintaining relationships.
- Serving as a trusted advisor to senior leadership.
Preferred Qualifications:
- Bachelor’s degree in risk management, finance, business, or related field; MBA or advanced degree is a plus.
- Proven experience in executive risk management leadership roles within the FinTech industry or related field.
- Strong leadership and management skills.
- Excellent communication and interpersonal skills.
- Demonstrated track record of developing and implementing risk management strategies and controls.
- Ability to mentor and develop high-performing risk management teams.
- Strong analytical and problem-solving skills.
- Knowledge of regulatory requirements and industry standards in the financial services sector.
- Ability to thrive in a fast-paced, dynamic environment.
Benefits:
- Competitive salary and performance-based bonuses.
- Remote work opportunity, collaborating with global teams.
- Opportunities for professional development and career advancement.
- Comprehensive health and wellness benefits.
- Engaging company culture with a focus on innovation and collaboration.
About Us:
We are a leading FinTech company at the forefront of reshaping financial services. Our commitment to risk management excellence and compliance drives us to create solutions that transform the industry. Join us as the Vice President (VP) of Risk Management to lead and contribute significantly to our mission.
Apply/Contact Us:
Send your CV or get in touch by emailing hiring@fintechcompany.com. Take the lead in shaping the future of FinTech operations with us!
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