At Paysend, we're on a mission to deliver the World's Simplest Money Transfer.
Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.
Paysend can send money to over 170 countries worldwide and has attracted more than seven million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors.
Our success is built on supreme technology, friendly customer service and, of course, the very best talent in the FinTech industry. We’re looking for the future gamechangers of FinTech to join us as we positively disrupt the personal and business payments markets and make financial services more accessible and inclusive for individuals and small businesses around the world.
Every day is a new challenge at Paysend, and we approach each project with ambition, innovation and creativity.
What’s the role about
- Implementing, maintaining and updating our risk management process
- Implementation of the Risk Framework including but not limited to, setting appetite,tolerances and KRI’s to monitor of same.
- Performance of risk assessments and risk evaluation
- Providing strategic advice regarding implementation of risk management methodologies
- Delivery of the ongoing self-assessment of risk management processes and procedures, scoping, agreeing and implementing improvements as required
- Reporting on risk to the relevant stakeholders ensuring individuals understand their accountability for individual risks
- Educating employee on risk awareness
- Analysing and documenting external risks posed by corporate governance stakeholders
- Review, assess and report significant risks and issues identified or reported by the business in line with the incident management process
- Developing management plans and policies for projects
- Undertaking end-to-end file risk compliance audits
- Evaluation of existing policies and procedures
- Creating relevant MI to assist in reporting to SMT and various boards.
What you’ll be doing
- Support the EEA CRO in oversight and implementation of the Group Enterprise Risk Management Framework as it applies to the Irish regulated entitiy.
- Support 1LOD risk owners in identification, assessment and management of risks for the Irish regulated entity.
- Recommend improvements, modifications, and new procedures to mitigate risk and address inadequate or weak controls.
- Maintain the regulated entity risk appetite statements, ensuring they are refreshed annually (or more frequently as required), and metrics are monitored and reported appropriately for all regulated entity.
- Work with the EEA CRO to identify, schedule and deliver risk related regulated entity requirements in a consistent and timely manner.
- Escalate any significant changes to the risk profile and control environment to the EEA CRO for reporting and action through appropriate governance forums (e.g. EEA Risk & Compliance Committee / Boards).
- Drive a strong risk culture by embedding risk performance metrics and providing robust risk training.
- Analyse and document risk profile information for reporting to regulated entity Board and Risk & Compliance Committee meetings, ensuring all Management Information is targeted, informative, relevant and timely.
- Evaluate regulated entity compliance with risk management policies, procedures, processes, laws and regulations.
- Maintain technical and professional knowledge by attending educational workshops and training, obtaining relevant professional certifications, reviewing professional publications and books, establishing personal networks, participating in professional associations, and staying informed of any legal, policy and procedural changes relating to enterprise risk management.
- Keep informed of industry changes, trends, and best practices, and assess the potential impact on processes and procedures.
What you’ll need to be successful in the role
- 3-5 years of previous experience in a risk management role within financial services ideally with experience of eMoney & Financial Services
- Strong understanding and experience applying risk management principles including risk quantification and schedule risk analysis.
- Excellent communication, relationship management and influencing skills
- Experience in developing and implementing risk management policies and processes
- Ability to maintain confidentiality, exercise discretion, and work independently under pressure.
Desired Skills/Competencies/Experiences:
Specific skills, traits and competencies that will be beneficial for this role
- Experience of building and maintaining the risk management framework in a fintech
- Excellent understanding of Paysend business
Why Paysend?
We’re looking for people who share our passion for innovation, buy into the Paysend ethos and add value to our team. When you join Paysend, you’ll have the chance to grow and develop as the business does.
We believe in empowering people to be successful in their jobs, and we pay them fairly for their expertise. We give everyone the context and tools to operate as business owners and encourage our people to contribute with their hearts, minds and creativity.
In the fast-paced FinTech industry the Paysend journey may not always be easy, but we succeed by working together to create solutions that break the status quo. We employ the right people to help us steer the business towards success and global influence.
If Paysend sounds like the perfect company for you, we’d love to hear from you!
