\nIntroduction\nHere at Fnality, we are powering the future of finance, together: \ncombining best in class technology with free-flowing creativity, and \nexpertise that can make business better for everyone. There are no \nprecedents for what we’re doing. With you on our side, we’ll be setting \nnew ones every day.\nIn a complex world, we are here to bring clarity and make positive change.\nFnality Services performs certain functions and processes that are \ncommon across FnPS’s, are “non-core” to each FnPS’s effective and \nresilient operation and can be more efficiently fulfilled by one or more\n common service providers. Fnality Services performs these functions \nunder contractual arrangements with each Fnality Local.\nThe CRO Role: \nFnality Services is looking for a Chief Risk Officer who can demonstrate competencies which will enable them to successfully: \n * Work in a regulated environment in the financial sector, \nwith direct accountability to regulators and the Board for the \nmanagement of risk of Fnality Services\n * Build a risk \nculture that is embedded in every policy and process of the company \n (Technology, Security, Personnel, Environment etc) \n * Design \n and implement the risk framework for Fnality Services to ensure full \n compliance with regulatory expectations whilst maintaining the \nFnality Ways of Working approach\n * Lead, alongside the CEO, the successful operation of Fnality Services.\n \n\nYou will need to take accountability for \n * The day-to-day running and continuous improvement of the \nFnality Risk System for Fnality Services and its associated \necosystem. This includes the risk model (structure and content), \nthe risk activities (Identification, Assessment, Evaluation and \nTreatment) and efficacy of mitigations. It will also include \noversight of the incident management process and approach\n * The \n effective running of the risk governance framework within Fnality \nServices (e.g. risk committee), working closely with the other \nlines of defence in our three lines of defence risk management \nmodel\n * Compliance with the Operational Resilience \ndirectives from the Bank of England as they apply to Financial \nMarket Infrastructures and broader global standards e.g. those set \nby BIS/FSB etc\n * Reporting on the risk management of \nFnality Services internally (e.g. to the Board) and externally \n(e.g. to the regulators), building effective working relationships \nwith them \n * Managing and monitoring the risks associated with Fnality Services to assure the level of service required\n * Taking a hands-on approach to incident management analysis,\n staying informed, providing insight and guidance, as well as \nproviding updates to regulators and other external stakeholders\n * Facilitating\n the sharing and analysis of information between other Fnality \nlegal entities in different jurisdictions, as required, to ensure \n cross-jurisdiction risk management and compliance \n * Management of vendor and partnership relationships in conjunction with the CEO \n * Managing resources in the Fnality Ways of Working ensuring T-shaped development and performance.\n \n\nRequired competencies:\n * Extensive Risk management expertise in banking or \nfinancial services gained from compliance or operational risk \nexperience\n * Experience of building operational processes and risk management frameworks from the ground up\n * Senior interaction with regulators\n * Ability to operate at C-Suite level when dealing with the Board and external participants\n * AGILE methodologies (preferred)\n * People management\n * Understanding of wholesale payments industry/settlement risk strongly preferred.\n \n\nA bit more about us\nDigital transformation is changing our lives, work and businesses. \nWhile other sectors evolve however, financial markets remain slow, \nfragmented and siloed. What the world needs now is a future-facing \nfinancial system for the digital age.\nAt Fnality, we have been speaking – and listening – to the real users\n of today’s financial systems. From businesses to banks, there is a \nclear, collective ambition for a simpler, faster, safer and more \nresilient payment system; one that can move and settle money quickly and\n efficiently, with minimised risk and much more transparency.\nFnality Global Payments\nWe are building a new payment system that will enable tokenised, peer-to-peer markets. \nFnality Global Payments (FnGP) will comprise a series of national \nsystems, each regulated in its home jurisdiction. We call each of these a\n Fnality Payment System (FnPS) \nIn each payment system, a Fnality settlement asset will act as the \nsettlement/payment asset for any Payment (P), Delivery v, Payment (DvP) \nor payment vs. payment (PvP) need.\nFnGP are underpinned by Distributed Ledger Technology (DLT). The nature of DLT is such that it enables FnGP to: \n * Operate a true peer-to-peer market\n * Allow for immediate settlement\n * Interoperate across business platforms and jurisdictions\n \n\nThe key benefits of the above are: \n * Reduced counter-party and credit risk \n * Reduced operational risk \n * Efficient liquidity management \n * An ability to move resources from risk mitigation to business growth\n \n\nHow will we use the information about you? \nWe will use your personal information to process your application, to\n enable us to assess your suitability for a role and for other \nlegitimate business purposes such as improving our sites and talent \nmanagement practices. We may share your data with third parties to \nachieve these purposes. We will not use or share your information for \nmarketing purposes. \nWe will take appropriate security measures to safeguard your information in accordance with data protection legislation. \nIf you would like further information about how your information may \nbe processed by us, please contact us at [email protected]. \n\n#Salary and compensation\n No salary data published by company so we estimated salary based on similar jobs related to Embedded and Embedded jobs that are similar:\n\n $50,000 — $260,000/year\n
\n\n#Benefits\n 💰 401(k)\n\n🌎 Distributed team\n\n⏰ Async\n\n🤓 Vision insurance\n\n🦷 Dental insurance\n\n🚑 Medical insurance\n\n🏖 Unlimited vacation\n\n🏖 Paid time off\n\n📆 4 day workweek\n\n💰 401k matching\n\n🏔 Company retreats\n\n🏬 Coworking budget\n\n📚 Learning budget\n\n💪 Free gym membership\n\n🧘 Mental wellness budget\n\n🖥 Home office budget\n\n🥧 Pay in crypto\n\n🥸 Pseudonymous\n\n💰 Profit sharing\n\n💰 Equity compensation\n\n⬜️ No whiteboard interview\n\n👀 No monitoring system\n\n🚫 No politics at work\n\n🎅 We hire old (and young)\n\n
\n\n#Location\nWorldwide